secwatch.observer — SEC 8-K summary
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Issuer:     FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI)
CIK:        0001069394
Form:       8-K
Filed at:   2022-05-17T23:59:59+00:00
Accession:  0001493152-22-014171
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FSI Q1 sales $10.8M (+41%); net profit $1.53M ($0.12/sh) flat EPS YoY
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- Sales of $10,783,280 in Q1 2022 vs $7,624,607 in Q1 2021, a 41% increase.
- Net profit of $1,533,059 ($0.12 per share) vs $1,450,571 ($0.12) – EPS flat despite higher profit due to slightly higher share count.
- Non-GAAP operating cash flow rose to $2,467,625 ($0.20/sh) from $1,429,112 ($0.12/sh) in Q1 2021.
- NanoChem division remained the dominant revenue and cash flow source; CEO cited strong contributions from all product lines.
- CEO flagged macro risks from international shipping price and availability, but expects next quarter to be good.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069394/000149315222014171/0001493152-22-014171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069394/000149315222014171/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-014171

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