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

Issuer:     FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI)
CIK:        0001069394
Form:       8-K
Filed at:   2024-04-03T23:59:59+00:00
Accession:  0001493152-24-012966
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FSI reports FY2023 revenue $38.3M (-16% YoY), EPS $0.22 vs $0.57
----------------------------------------------------------------

- Full year 2023 revenue $38,324,806, down ~16% from $45,840,469 in 2022.
- Net income $2,775,864 ($0.22 basic EPS) vs $7,021,604 ($0.57 EPS) in 2022.
- Non-GAAP operating cash flow $4,598,698 ($0.37/share) vs $8,442,735 ($0.68/share) in 2022.
- CEO cites residual inventory and shipping costs; expects Q1 2024 effects but hopes for growth later in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069394/000149315224012966/0001493152-24-012966-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069394/000149315224012966/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-012966

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