FSI reports Q1 2024 revenue of $9.224M, down 6% YoY; declares $0.10 special dividend

FLEXIBLE SOLUTIONS INTERNATIONAL INC

Revenue $9.224M vs $9.848M in Q1 2023, down ~6% year over year.
Declares $0.10 special dividend payable May 16, 2024 to holders of record April 30, 2024.
CEO notes this is a special dividend, not a regular dividend; board will monitor retained earnings.
Full Q1 financial results to be filed May 15, 2024; conference call scheduled May 16.
Management optimistic as Q1 decline was less severe than Q4 2023 and full-year 2023 declines.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FLEXIBLE SOLUTIONS INTERNATIONAL INC reported first quarter (Q1), 2024 results: revenue $9.224 million (Q1, 2024).

Period: first quarter (Q1), 2024
Revenue: $9.224 million (Q1, 2024)
Result: reported results

Exact text from the filing

Flexible Solutions’ top line revenue decreased from $9.848 million (Q1, 2023) to $9.224 million (Q1, 2024)

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Source: SEC EDGAR

accession 0001493152-24-015828

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