Flexible Solutions FY 2022 revenue up 33% to $45.8M; net income $7.0M, $0.57 EPS

FLEXIBLE SOLUTIONS INTERNATIONAL INC

2024-Q1 EPS reported $0.07 revenue$9,847,517

Revenue $45,840,469 (+33% YoY) driven by NanoChem division and ENP subsidiary.
Net income $7,021,604 ($0.57 per share) vs $3,449,162 ($0.28 per share) in FY 2021.
Non-GAAP operating cash flow $8,442,735 ($0.68 per share) vs $5,645,095 ($0.46 per share).
Higher earnings partly due to significant income tax carry forward rebate.
CEO expects continued revenue, cash flow, and profit growth in 2023 despite headwinds.

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