earnings
confidence high
sentiment positive
materiality 0.70
Flexible Solutions Q3 revenue up 14% to $9.2M; EPS $0.09 vs $0.05 YoY
FLEXIBLE SOLUTIONS INTERNATIONAL INC
2021-Q3 EPS reported
$0.30
revenue$25,374,615
- Q3 2021 sales $9,214,467 (+14% YoY); net profit $1,162,624 ($0.09/share) vs $582,369 ($0.05/share) in Q3 2020.
- Non-GAAP operating cash flow 9M 2021: $5,505,516 ($0.45/share) vs $4,082,754 ($0.33/share) in 9M 2020.
- NanoChem division remains dominant revenue and cash flow driver; opportunities in detergent, water treatment, oil field extraction, agriculture.
- CEO cites shipping and raw material headwinds but remains profitable; expects recovery of lost profitability when issues recede.