FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Total sales | 11,367,132 | 7,473,692 | 9,314,937 | 10,528,739 |
| Cost of sales | 5,981,866 | 5,522,128 | 5,508,121 | 6,589,644 |
| Gross profit | 5,385,266 | 1,951,564 | 3,806,816 | 3,939,095 |
| Interest expense | - | - | 132,741 | 157,131 |
| Administrative salaries and benefits | - | 295,118 | 288,120 | 289,777 |
| Utilities | 87,463 | 134,997 | 33,080 | 76,256 |
| Travel | 30,820 | 48,757 | 64,874 | 61,179 |
| Advertising and promotion | 75,647 | 91,030 | 52,872 | 63,283 |
| Wages, administrative salaries and benefits | 894,790 | 600,119 | 596,820 | 594,384 |
| Research | 167,247 | 106,801 | 27,806 | 62,474 |
| Professional fees | 150,843 | 161,683 | 78,703 | 122,470 |
| Office and miscellaneous | 232,836 | 142,119 | 267,484 | 197,707 |
| Lease expense and rent | 31,108 | 22,160 | 13,820 | 12,195 |
| Insurance | 247,632 | 252,197 | 280,846 | 229,198 |
| Currency exchange | -34,951 | 550 | -32,633 | -47,681 |
| Telecommunications | 23,068 | 11,765 | 16,287 | 15,996 |
| Shipping | 11,193 | 9,996 | 5,186 | 7,014 |
| Investor relations and transfer agent fee | 40,326 | 42,719 | 39,988 | 46,174 |
| Consulting | 41,127 | 100,950 | 82,261 | 142,395 |
| Commissions | 19,101 | 860 | 12,086 | - |
| Total operating expenses | 2,088,152 | 2,020,721 | 2,025,607 | 2,125,314 |
| Operating income | 3,297,114 | -69,157 | 1,781,209 | 1,813,781 |
| Interest income | 26,667 | 49,573 | 31,565 | 61,440 |
| Interest expense | 184,126 | 198,019 | - | - |
| Gain on investment | 21,735 | 63,925 | 32,312 | 115,463 |
| Total non-operating income (expense) | -135,724 | -84,521 | - | - |
| Loss on sale of investment | - | - | -385,123 | - |
| Income before income tax | 3,161,390 | -153,678 | 1,459,963 | 1,990,684 |
| Income tax expense | 1,016,156 | 110,363 | 367,615 | 558,251 |
| Net income | 2,145,234 | -264,041 | 1,092,348 | 1,432,433 |
| Net income attributable to non-controlling interests | 116,322 | 13,693 | 480,490 | 142,637 |
| Net income attributable to flexible solutions international inc | 2,028,912 | -277,734 | 611,858 | 1,289,796 |
| Net income per share (basic) | 0.16 | -0.02 | 0.05 | 0.1 |
| Net income per share (diluted) | 0.15 | -0.02 | 0.05 | 0.1 |
| Weighted average number of common shares (basic) | 12,647,532 | 12,587,476 | 12,450,532 | 12,450,532 |
| Weighted average number of common shares (diluted) | 13,267,333 | 12,587,476 | 12,701,812 | 12,480,712 |