secwatch.observer — SEC 8-K summary
======================================

Issuer:     FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI)
CIK:        0001069394
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001004878-22-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FSI FY2021 revenue $34.4M (+10%), net income $3.45M (+16%), EPS $0.28
---------------------------------------------------------------------

- Sales $34,416,335 (+10% YoY); net profit $3,449,162 ($0.28 EPS) vs $2,977,050 ($0.24) in 2020.
- Non-GAAP operating cash flow $5,645,095 ($0.46/share), up 24% from $4,514,182 ($0.37) in 2020.
- CEO expects to exceed 2021 growth in revenue, operating cash flow, and profit in 2022.
- Over $1 million in tariff rebates still pending from government; could boost future profits.
- Shipping costs quintupled and raw material prices rose rapidly, but company still grew revenue 10%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069394/000100487822000004/0001004878-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069394/000100487822000004/form8k202yrend4-22.txt
  HTML page:      https://secwatch.observer/filing/0001004878-22-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer