For the quarter ending 2025-09-30, FSI has $58,352,786 in assets. $15,360,969 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 8,481,652 | 8,613,182 | ||
| Term deposits (note 2) | 1,386,150 | 1,386,150 | ||
| Accounts receivable, net (note 3) | 9,471,701 | 8,599,081 | ||
| Inventories (note 4) | 9,486,798 | 11,334,901 | ||
| Prepaid expenses and deposits | 1,287,435 | 1,158,939 | ||
| Building and land held for sale, net (notes 5 and 13) | 2,759,174 | - | ||
| Total current assets | 32,872,910 | 31,092,253 | ||
| Property and equipment, net (note 5) | 16,372,163 | 17,597,133 | ||
| Intangible assets | 2,000,000 | 2,040,000 | ||
| Long term deposits | 1,594,578 | 1,460,346 | ||
| Investments (note 6) | 2,978,860 | 3,510,041 | ||
| Goodwill | 2,534,275 | 2,534,275 | ||
| Total assets | 58,352,786 | 58,234,048 | ||
| Accounts payable | 2,133,316 | 1,717,913 | ||
| Accrued liabilities | 292,463 | 208,285 | ||
| Deferred revenue | 74,026 | 38,200 | ||
| Income taxes payable | 5,102,488 | 5,332,799 | ||
| Short term lines of credit (note 7) | 557,113 | 710,092 | ||
| Current portion of long term debt (note 8) | 2,932,752 | 1,144,165 | ||
| Total current liabilities | 11,092,158 | 9,151,454 | ||
| Deferred income tax liability (note 2) | 122,019 | 122,019 | ||
| Long term debt (note 8) | 4,146,792 | 6,381,194 | ||
| Total liabilities | 15,360,969 | 15,654,667 | ||
| Authorized 50,000,000 common shares with a par value of 0.001 each 1,000,000 preferred shares with a par value of 0.01 each issued and outstanding 12,690,498 (december 31, 2024 12,515,532) common shares | 12,690 | 12,653 | ||
| Capital in excess of par value | 19,550,530 | 19,379,508 | ||
| Accumulated other comprehensive loss | -405,477 | -337,632 | ||
| Accumulated earnings | 19,809,594 | 20,312,952 | ||
| Total stockholders equity controlling interest | 38,967,337 | 39,367,481 | ||
| Non-controlling interests (note 11) | 4,024,480 | 3,211,900 | ||
| Total stockholders equity | 42,991,817 | 42,579,381 | ||
| Total liabilities and stockholders equity | 58,352,786 | 58,234,048 | ||
FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI)
FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI)