FSI Reports FY2025 Net Income of $0.06/Share, Sales Up to $38.5M
Flexible Solutions International, Inc. announced its financial results for the full year ended December 31, 2025. The company reported a slight increase in sales to $38,515,058, up from $38,234,860 in the prior year. However, net income significantly decreased to $786,894, or $0.06 per share, compared to $3,038,529, or $0.24 per share, in 2024. Non-GAAP operating cash flow also declined to $5,541,108 ($0.44 per share) from $7,082,952 ($0.57 per share). Despite the decline in net income, CEO Daniel B. O'Brien highlighted operational achievements, including the complete refurbishment of the Illinois factory for new food grade contracts and the completion of a new international agriculture and industrial product factory in Panama. The company maintained profitability and revenue during these expansions without needing equity or debt capital, with NanoChem and ENP divisions remaining dominant revenue sources.
Key Highlights
- FY2025 sales increased to $38,515,058 from $38,234,860 in FY2024.
- FY2025 net income decreased to $786,894 ($0.06/share) from $3,038,529 ($0.24/share).
- Non-GAAP operating cash flow fell to $5,541,108 ($0.44/share) from $7,082,952 ($0.57/share).
- Company refurbished its Illinois factory and completed a new international factory in Panama.
- Secured two new major food grade contracts, expanding into food and nutrition markets.