earnings
confidence high
sentiment positive
materiality 0.70
FSI reports Q3 net income of $0.05/sh vs loss; revenue up 7% YoY to $9.31M
FLEXIBLE SOLUTIONS INTERNATIONAL INC
2024-Q3 EPS reported
$0.19
revenue$29,068,548
- Q3 revenue $9,314,937, up ~7% YoY; net income $611,858 ($0.05/sh) vs net loss of ($718,161) in Q3 2023.
- Adjusted EPS would be $0.07 excluding one-time $385,123 loss on sale of Florida LLC investment.
- 9-month non-GAAP operating cash flow $5,909,621 ($0.47/sh) vs $3,284,641 ($0.26/sh) in prior year.
- CEO cites significant recovery and expects strong profit upside in 2025 from existing and new food opportunities.