Symbols / FSI $5.46 +2.63% Flexible Solutions International, Inc.

Basic Materials • Specialty Chemicals • Canada • ASE
FSI Chart
About

Flexible Solutions International, Inc., together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally. The company operates in two segments, Energy and Water Conservation Products, and Biodegradable Polymers. It offers thermal polyaspartates (TPAs) for oilfields to reduce scale and corrosion in various water systems; and for the agricultural industry to reduce fertilizer crystallization before, during, and after application, as well as to prevent crystal formation between fertilizer and minerals present in the soil. The company also provides TPAs for irrigation to prevent early plugging of drip irrigation ports, reduce maintenance costs, and lengthen the life of equipment; TPAs for cleaning products to prevents the re-deposition of dirt onto the surfaces; and TPAs as additives for household laundry detergents, consumer care products, and pesticides. In addition, it offers nitrogen conservation products for agriculture that slow down nitrogen loss from fields. Further, the company provides food and nutritional materials; HEATSAVR, a chemical product for use in swimming pools and spas that forms a thin and transparent layer on the water's surface; and WATERSAVR to reduce water evaporation in reservoirs, potable water storage tanks, livestock watering ponds, aqueducts, canals, and irrigation ditches, as well as for lawn and turf care, and potted and bedding plants. The company was incorporated in 1991 and is headquartered in Taber, Canada.

Fundamentals
Scroll to Statements
Sector Basic Materials Industry Specialty Chemicals Market Cap 69.55M
Enterprise Value 69.32M Income 1.93M Sales 38.56M
Book/sh 3.07 Cash/sh 0.78 Dividend Yield —
Payout 0.00% Employees 45 IPO —
P/E 39.00 Forward P/E 17.06 PEG —
P/S 1.80 P/B 1.78 P/C —
EV/EBITDA 10.64 EV/Sales 1.80 Quick Ratio 1.74
Current Ratio 2.96 Debt/Eq 17.76 LT Debt/Eq —
EPS (ttm) 0.14 EPS next Y 0.32 EPS Growth —
Revenue Growth 13.30% Earnings 2026-04-15 ROA 4.88%
ROE 7.99% ROIC — Gross Margin 32.50%
Oper. Margin 3.21% Profit Margin 5.00% Shs Outstand 12.74M
Shs Float 8.05M Short Float 0.67% Short Ratio 3.12
Short Interest — 52W High 11.48 52W Low 3.46
Beta 1.61 Avg Volume 30.99K Volume 579.00
Target Price $11.00 Recom None Prev Close $5.32
Price $5.46 Change 2.63%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$11.00
Mean price target
2. Current target
$5.53
Latest analyst target
3. DCF / Fair value
$-6.38
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.53
Low
$11.00
High
$11.00
Mean
$11.00
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-03 O BRIEN DANIEL B Chief Executive Officer — 12,500 $5.88 $73,500
2026-02-03 O BRIEN DANIEL B Chief Executive Officer — 16,497 $5.78 $95,353
2026-01-29 O BRIEN DANIEL B Chief Executive Officer — 4,003 $5.89 $23,578
2026-01-28 O BRIEN DANIEL B Chief Executive Officer — 101,500 $5.84 $596,120
2026-01-16 HELINA ROBERT THOMAS Director — 10,000 $6.14 $61,400
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
38.23
-0.23%
38.32
-16.40%
45.84
+33.19%
34.42
Operating Revenue
38.23
-0.23%
38.32
-16.40%
45.84
+33.19%
34.42
Cost Of Revenue
24.99
-10.35%
27.88
-12.79%
31.97
+38.89%
23.02
Reconciled Cost Of Revenue
24.99
-10.35%
27.88
-12.79%
31.97
+38.89%
23.02
Gross Profit
13.24
+26.78%
10.44
-24.70%
13.87
+21.69%
11.40
Operating Expense
7.73
+10.77%
6.98
+7.60%
6.48
+14.14%
5.68
Research And Development
0.33
+108.51%
0.16
+59.40%
0.10
-14.72%
0.12
Selling General And Administration
5.85
+3.77%
5.64
+0.64%
5.60
+12.18%
4.99
Selling And Marketing Expense
0.22
+12.33%
0.19
+6.41%
0.18
+6.05%
0.17
General And Administrative Expense
5.63
+3.47%
5.44
+0.44%
5.42
+12.40%
4.82
Salaries And Wages
3.74
-3.14%
3.86
+8.25%
3.57
+11.40%
3.20
Other Gand A
0.86
+38.59%
0.62
-39.13%
1.02
+55.77%
0.65
Other Operating Expenses
1.55
+31.03%
1.18
+50.79%
0.78
+37.11%
0.57
Total Expenses
32.72
-6.13%
34.86
-9.35%
38.46
+33.99%
28.70
Operating Income
5.51
+59.02%
3.47
-53.07%
7.38
+29.20%
5.72
Total Operating Income As Reported
5.52
+57.45%
3.50
-50.31%
7.05
+28.58%
5.48
EBITDA
7.52
+29.48%
5.81
-38.73%
9.48
+17.28%
8.08
Normalized EBITDA
7.66
+45.56%
5.27
-42.68%
9.19
+30.75%
7.03
Reconciled Depreciation
1.96
+16.08%
1.69
+27.03%
1.33
+7.77%
1.23
EBIT
5.56
+34.96%
4.12
-49.44%
8.15
+19.00%
6.85
Total Unusual Items
-0.14
-126.54%
0.54
+84.53%
0.29
-72.19%
1.06
Total Unusual Items Excluding Goodwill
-0.14
-126.54%
0.54
+84.53%
0.29
-72.19%
1.06
Special Income Charges
-0.39
0.00
-100.00%
0.32
-44.87%
0.58
Other Special Charges
0.04
—
—
-0.54
Restructuring And Mergern Acquisition
—
0.00
+100.00%
-0.34
—
Write Off
—
0.00
-100.00%
0.02
+156.04%
0.01
Net Income
3.04
+9.46%
2.78
-60.47%
7.02
+103.57%
3.45
Pretax Income
4.95
+36.69%
3.62
-53.90%
7.86
+18.17%
6.65
Net Non Operating Interest Income Expense
-0.41
-7.52%
-0.38
-139.46%
-0.16
-31.81%
-0.12
Interest Expense Non Operating
0.61
+22.38%
0.50
+70.22%
0.29
+46.53%
0.20
Net Interest Income
-0.41
-7.52%
-0.38
-139.46%
-0.16
-31.81%
-0.12
Interest Expense
0.61
+22.38%
0.50
+70.22%
0.29
+46.53%
0.20
Interest Income Non Operating
0.20
+72.62%
0.11
-13.93%
0.13
+69.53%
0.08
Interest Income
0.20
+72.62%
0.11
-13.93%
0.13
+69.53%
0.08
Other Income Expense
-0.14
-126.54%
0.54
-14.61%
0.64
-39.90%
1.06
Gain On Sale Of Security
0.25
-53.86%
0.54
+2450.25%
-0.02
-104.79%
0.48
Gain On Sale Of Business
-0.35
0.00
—
—
Tax Provision
0.85
+741.29%
-0.13
-191.00%
0.15
-93.81%
2.36
Tax Rate For Calcs
0.00
-57.03%
0.00
+2055.29%
0.00
-94.76%
0.00
Tax Effect Of Unusual Items
-0.02
-111.40%
0.22
+3877.25%
0.01
-98.54%
0.37
Net Income Including Noncontrolling Interests
4.10
+9.20%
3.76
-51.30%
7.71
+79.62%
4.29
Net Income From Continuing Operation Net Minority Interest
3.04
+9.46%
2.78
-60.47%
7.02
+103.57%
3.45
Net Income From Continuing And Discontinued Operation
3.04
+9.46%
2.78
-60.47%
7.02
+103.57%
3.45
Net Income Continuous Operations
4.10
+9.20%
3.76
-51.30%
7.71
+79.62%
4.29
Minority Interests
-1.06
-8.46%
-0.98
-41.71%
-0.69
+18.16%
-0.85
Normalized Income
3.16
+28.88%
2.45
-63.61%
6.73
+143.38%
2.77
Net Income Common Stockholders
3.04
+9.46%
2.78
-60.47%
7.02
+103.57%
3.45
Diluted EPS
0.24
+9.09%
0.22
-60.71%
0.56
+100.00%
0.28
Basic EPS
0.24
+9.09%
0.22
-61.40%
0.57
+103.57%
0.28
Basic Average Shares
12.45
+0.16%
12.43
+0.45%
12.38
+0.51%
12.32
Diluted Average Shares
12.68
+1.53%
12.49
+0.18%
12.47
-0.31%
12.51
Diluted NI Availto Com Stockholders
3.04
+9.46%
2.78
-60.47%
7.02
+103.57%
3.45
Earnings From Equity Interest
—
0.51
+47.93%
0.34
0.00
Gain On Sale Of PPE
—
0.00
0.00
-100.00%
0.04
Insurance And Claims
0.96
+11.21%
0.86
+26.08%
0.68
+17.56%
0.58
Rent And Landing Fees
0.07
-25.47%
0.10
-34.55%
0.15
-60.95%
0.38
Rent Expense Supplemental
0.07
-25.47%
0.10
-34.55%
0.15
-60.95%
0.38
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
59.97
+8.11%
55.47
+7.53%
51.59
+30.43%
39.55
Current Assets
34.58
+14.39%
30.23
-2.48%
30.99
+30.18%
23.81
Cash Cash Equivalents And Short Term Investments
10.03
+30.15%
7.71
+13.10%
6.82
+1.18%
6.74
Cash And Cash Equivalents
7.63
+52.09%
5.02
-17.95%
6.12
+7.09%
5.71
Cash Financial
7.63
+52.09%
5.02
-17.95%
6.12
+7.09%
5.71
Other Short Term Investments
2.40
-10.75%
2.69
+284.32%
0.70
-31.73%
1.03
Receivables
11.70
+18.83%
9.84
+4.16%
9.45
+32.55%
7.13
Accounts Receivable
11.70
+18.83%
9.84
+4.16%
9.45
+32.55%
7.13
Gross Accounts Receivable
11.98
+18.26%
10.13
+4.05%
9.74
+31.55%
7.40
Allowance For Doubtful Accounts Receivable
-0.29
+1.07%
-0.29
-0.31%
-0.29
-5.59%
-0.27
Inventory
10.89
-2.20%
11.13
-22.78%
14.42
+51.75%
9.50
Raw Materials
7.83
-7.37%
8.45
-20.35%
10.61
+74.43%
6.08
Work In Process
—
—
—
0.00
Finished Goods
3.06
+14.11%
2.68
-29.54%
3.81
+11.38%
3.42
Prepaid Assets
1.96
+27.04%
1.54
+396.60%
0.31
-29.82%
0.44
Total Non Current Assets
25.39
+0.59%
25.24
+22.59%
20.59
+30.81%
15.74
Net PPE
17.15
+29.04%
13.29
+34.53%
9.88
+91.81%
5.15
Gross PPE
28.98
+23.42%
23.48
+26.47%
18.57
+45.56%
12.76
Accumulated Depreciation
-11.83
-16.10%
-10.19
-17.30%
-8.69
-14.25%
-7.61
Properties
0.00
0.00
0.00
0.00
Land And Improvements
0.44
+0.00%
0.44
+14.73%
0.38
+64.10%
0.23
Buildings And Improvements
12.80
+3.68%
12.34
+40.63%
8.78
+81.93%
4.82
Machinery Furniture Equipment
0.32
-14.20%
0.37
-10.17%
0.42
-0.01%
0.42
Other Properties
15.41
+50.58%
10.24
+14.98%
8.90
+23.76%
7.19
Leases
0.01
-88.75%
0.09
+0.00%
0.09
+0.00%
0.09
Goodwill And Other Intangible Assets
4.65
-3.32%
4.81
-3.22%
4.97
-3.37%
5.15
Goodwill
2.53
+0.00%
2.53
+0.00%
2.53
+0.00%
2.53
Other Intangible Assets
2.12
-7.02%
2.28
-6.56%
2.44
-6.65%
2.61
Investments And Advances
3.42
-43.25%
6.03
+10.53%
5.46
+0.64%
5.42
Non Current Deferred Assets
0.00
-100.00%
0.28
+3.83%
0.27
+2060.27%
0.01
Non Current Deferred Taxes Assets
0.00
-100.00%
0.28
+3.83%
0.27
+2060.27%
0.01
Non Current Prepaid Assets
0.17
-79.63%
0.82
+9551.69%
0.01
+0.00%
0.01
Total Liabilities Net Minority Interest
18.60
+8.14%
17.20
+5.23%
16.35
+38.01%
11.85
Current Liabilities
11.86
+17.98%
10.05
-2.41%
10.30
+4.88%
9.82
Payables And Accrued Expenses
7.59
+12.38%
6.75
+6.86%
6.32
+0.29%
6.30
Payables
7.19
+11.08%
6.47
+20.70%
5.36
-8.29%
5.84
Accounts Payable
2.05
+3.27%
1.98
+127.09%
0.87
-31.91%
1.28
Current Accrued Expenses
0.40
+41.89%
0.28
-70.40%
0.96
+110.01%
0.46
Total Tax Payable
5.14
+14.54%
4.49
-0.03%
4.49
-1.65%
4.56
Income Tax Payable
5.14
+14.54%
4.49
-0.03%
4.49
-1.65%
4.56
Current Debt And Capital Lease Obligation
4.19
+33.05%
3.15
-12.32%
3.59
+13.31%
3.17
Current Debt
4.19
+35.61%
3.09
-12.56%
3.54
+14.28%
3.09
Other Current Borrowings
2.14
+67.05%
1.28
+78.60%
0.72
-9.57%
0.79
Current Capital Lease Obligation
0.00
-100.00%
0.06
+2.48%
0.06
-25.27%
0.08
Current Deferred Liabilities
0.08
-46.96%
0.15
-61.76%
0.39
+11.11%
0.35
Current Deferred Revenue
0.08
-46.96%
0.15
-61.76%
0.39
+11.11%
0.35
Total Non Current Liabilities Net Minority Interest
6.74
-5.71%
7.15
+18.24%
6.05
+198.91%
2.02
Long Term Debt And Capital Lease Obligation
6.62
-3.92%
6.89
+24.23%
5.55
+223.82%
1.71
Long Term Debt
6.62
-3.14%
6.83
+25.69%
5.44
+245.61%
1.57
Long Term Capital Lease Obligation
0.00
-100.00%
0.06
-48.90%
0.11
-21.79%
0.14
Non Current Deferred Liabilities
0.12
-53.08%
0.26
-48.04%
0.50
+61.35%
0.31
Non Current Deferred Taxes Liabilities
0.12
-53.08%
0.26
-48.04%
0.50
+61.35%
0.31
Stockholders Equity
38.03
+8.04%
35.20
+7.87%
32.63
+30.00%
25.10
Common Stock Equity
38.03
+8.04%
35.20
+7.87%
32.63
+30.00%
25.10
Capital Stock
0.01
+0.64%
0.01
+0.08%
0.01
+0.57%
0.01
Common Stock
0.01
+0.64%
0.01
+0.08%
0.01
+0.57%
0.01
Share Issued
12.52
+0.64%
12.44
+0.07%
12.43
+0.57%
12.36
Ordinary Shares Number
12.52
+0.64%
12.44
+0.07%
12.43
+0.57%
12.36
Additional Paid In Capital
18.79
+4.78%
17.93
+2.33%
17.52
+3.18%
16.98
Retained Earnings
19.84
+9.88%
18.05
+13.51%
15.90
+79.05%
8.88
Gains Losses Not Affecting Retained Earnings
-0.61
+23.66%
-0.80
+1.32%
-0.81
-3.88%
-0.78
Minority Interest
3.33
+8.75%
3.07
+17.68%
2.61
+0.08%
2.60
Other Equity Adjustments
-0.61
+23.66%
-0.80
+1.32%
-0.81
-3.88%
-0.78
Total Equity Gross Minority Interest
41.37
+8.10%
38.27
+8.60%
35.24
+27.19%
27.71
Total Capitalization
44.65
+6.22%
42.04
+10.42%
38.07
+42.72%
26.68
Working Capital
22.71
+12.60%
20.17
-2.51%
20.69
+47.95%
13.99
Invested Capital
48.84
+8.23%
45.13
+8.46%
41.61
+39.76%
29.77
Total Debt
10.81
+7.68%
10.04
+9.86%
9.14
+87.11%
4.88
Net Debt
3.18
-35.19%
4.91
+71.75%
2.86
—
Capital Lease Obligations
0.00
-100.00%
0.12
-31.05%
0.17
-23.03%
0.22
Net Tangible Assets
33.38
+9.84%
30.39
+9.86%
27.66
+38.61%
19.95
Tangible Book Value
33.38
+9.84%
30.39
+9.86%
27.66
+38.61%
19.95
Line Of Credit
2.05
+13.35%
1.81
-35.77%
2.82
+22.50%
2.30
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
5.57
-8.96%
6.12
+314.12%
1.48
-67.44%
4.54
Cash Flow From Continuing Operating Activities
5.57
-8.96%
6.12
+314.12%
1.48
-67.44%
4.54
Net Income From Continuing Operations
4.10
+9.20%
3.76
-51.30%
7.71
+79.62%
4.29
Depreciation Amortization Depletion
1.96
+16.08%
1.69
+27.03%
1.33
+7.77%
1.23
Depreciation
1.80
+17.77%
1.53
+32.29%
1.15
-6.33%
1.23
Amortization Cash Flow
0.16
+0.00%
0.16
-7.89%
0.17
—
Depreciation And Amortization
1.96
+16.08%
1.69
+27.03%
1.33
+7.77%
1.23
Amortization Of Intangibles
0.16
+0.00%
0.16
-7.89%
0.17
—
Other Non Cash Items
—
0.01
-28.19%
0.01
-61.16%
0.02
Stock Based Compensation
0.67
+70.38%
0.40
-1.02%
0.40
+89.97%
0.21
Asset Impairment Charge
—
0.00
-100.00%
0.02
+156.04%
0.01
Deferred Tax
0.15
+158.49%
-0.25
-251.94%
-0.07
-119.62%
0.36
Deferred Income Tax
0.15
+158.49%
-0.25
-251.94%
-0.07
-119.62%
0.36
Operating Gains Losses
0.11
+121.08%
-0.51
+24.66%
-0.68
+37.91%
-1.09
Gain Loss On Investment Securities
0.11
+121.27%
-0.51
-47.93%
-0.34
+32.68%
-0.51
Gain Loss On Sale Of PPE
0.00
+100.00%
-0.00
0.00
+100.00%
-0.04
Change In Working Capital
-1.42
-236.44%
1.04
+114.35%
-7.24
-1338.76%
-0.50
Change In Receivables
-1.85
-371.27%
-0.39
+83.19%
-2.34
-87.60%
-1.25
Changes In Account Receivables
-1.85
-371.27%
-0.39
+83.19%
-2.34
-87.60%
-1.25
Change In Inventory
0.24
-92.55%
3.28
+179.64%
-4.12
-223.26%
-1.28
Change In Prepaid Assets
-0.58
+71.85%
-2.05
-1651.86%
0.13
+194.38%
-0.14
Change In Payables And Accrued Expense
0.84
+92.69%
0.43
+145.67%
-0.95
-144.72%
2.12
Change In Accrued Expense
0.12
+117.61%
-0.68
—
—
Change In Payable
0.72
-35.39%
1.11
+216.82%
-0.95
-144.72%
2.12
Change In Account Payable
0.06
-94.16%
1.11
+258.63%
-0.70
-780.75%
0.10
Change In Other Working Capital
-0.07
+70.92%
-0.24
-717.85%
0.04
+11.61%
0.03
Investing Cash Flow
-2.45
+49.45%
-4.85
-119.09%
-2.22
-235.94%
-0.66
Cash Flow From Continuing Investing Activities
-2.45
+49.45%
-4.85
-119.09%
-2.22
-235.94%
-0.66
Net PPE Purchase And Sale
-4.96
+0.52%
-4.99
-151.89%
-1.98
-281.87%
-0.52
Purchase Of PPE
-4.96
+0.52%
-4.99
-151.89%
-1.98
-153.29%
-0.78
Sale Of PPE
—
—
0.00
-100.00%
0.26
Capital Expenditure
-4.96
+0.52%
-4.99
-151.89%
-1.98
-153.29%
-0.78
Net Investment Purchase And Sale
2.00
+840.74%
-0.27
0.00
+100.00%
-0.50
Purchase Of Investment
0.00
+100.00%
-0.47
0.00
+100.00%
-0.50
Sale Of Investment
2.00
+900.00%
0.20
0.00
—
Net Business Purchase And Sale
0.00
-100.00%
0.20
+140.05%
-0.50
0.00
Purchase Of Business
—
0.00
+100.00%
-0.50
0.00
Gain Loss On Sale Of Business
—
0.00
+100.00%
-0.34
0.00
Net Other Investing Changes
—
0.01
—
—
Financing Cash Flow
-0.98
-157.54%
-0.38
-144.78%
0.85
+149.62%
-1.71
Cash Flow From Continuing Financing Activities
-0.98
-157.54%
-0.38
-144.78%
0.85
+149.62%
-1.71
Net Issuance Payments Of Debt
0.89
-6.94%
0.95
-31.81%
1.40
+233.54%
-1.05
Issuance Of Debt
2.16
-19.51%
2.69
-16.84%
3.23
+1648.78%
0.18
Repayment Of Debt
-1.52
-109.07%
-0.73
+69.13%
-2.35
-91.02%
-1.23
Long Term Debt Issuance
2.16
-19.51%
2.69
-16.84%
3.23
0.00
Long Term Debt Payments
-1.52
-109.07%
-0.73
+69.13%
-2.35
-91.02%
-1.23
Net Long Term Debt Issuance
0.64
-67.11%
1.96
+122.99%
0.88
+171.44%
-1.23
Short Term Debt Issuance
—
—
0.52
+180.26%
0.18
Net Short Term Debt Issuance
0.24
+123.97%
-1.01
-294.70%
0.52
+180.26%
0.18
Net Common Stock Issuance
0.18
+1259.19%
0.01
-90.33%
0.14
+0.13%
0.14
Cash Dividends Paid
-1.26
-100.24%
-0.63
0.00
—
Net Other Financing Charges
-0.79
-10.46%
-0.72
-4.35%
-0.69
+14.25%
-0.80
Changes In Cash
2.14
+142.16%
0.88
+704.85%
0.11
-94.94%
2.17
Effect Of Exchange Rate Changes
0.19
+1666.26%
0.01
+135.43%
-0.03
-131.19%
0.10
Beginning Cash Position
7.71
+13.10%
6.82
+1.18%
6.74
+50.59%
4.47
End Cash Position
10.03
+30.15%
7.71
+13.10%
6.82
+1.18%
6.74
Free Cash Flow
0.60
-46.37%
1.13
+323.13%
-0.50
-113.44%
3.75
Interest Paid Supplemental Data
0.61
+22.45%
0.50
+70.22%
0.29
+63.63%
0.18
Income Tax Paid Supplemental Data
0.05
-56.11%
0.12
-24.94%
0.16
0.00
Change In Income Tax Payable
0.65
+57450.66%
-0.00
+99.54%
-0.25
-112.35%
2.02
Change In Tax Payable
0.65
+57450.66%
-0.00
+99.54%
-0.25
-112.35%
2.02
Common Stock Issuance
0.18
+1259.19%
0.01
-90.33%
0.14
+0.13%
0.14
Dividends Received CFI
0.51
+154.04%
0.20
-24.14%
0.27
-26.25%
0.36
Issuance Of Capital Stock
0.18
+1259.19%
0.01
-90.33%
0.14
+0.13%
0.14
Sale Of Business
—
0.20
0.00
0.00
SEC Filings

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