earnings
confidence high
sentiment positive
materiality 0.70
FSI reports record Q3 revenue $11.7M (+27% YoY); nine-month EPS $0.35 vs $0.31
FLEXIBLE SOLUTIONS INTERNATIONAL INC
2022-Q3 EPS reported
$0.34
revenue$33,633,530
- Q3 revenue $11,685,107 (+27% YoY); net profit $1,108,131 ($0.09/shr), flat vs Q3 2021.
- Nine-month revenue $33,633,530 (+33% YoY); net profit $4,303,645 ($0.35/shr vs $0.31).
- Nine-month non-GAAP operating cash flow $6,874,680 ($0.56/shr), up 25% YoY.
- One-time merger costs of $417,974 reduced nine-month EPS by $0.02.
- CEO confident Q4 and 2023 outlook; NanoChem division remains dominant driver.