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fsi: the income statement
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BCPA
$10,427,656
EWCP
$128,635
Total sales
$10,556,291
(13.33%↑ Y/Y)
Gross profit
$2,523,775
(-33.70%↓ Y/Y)
Cost of sales
$8,032,516
(45.83%↑ Y/Y)
Operating income
$311,303
(-82.52%↓ Y/Y)
Total operating
expenses
$2,212,472
(9.23%↑ Y/Y)
Currency exchange
$37,342
(214.43%↑ Y/Y)
Income tax benefit
(expense)
-$181,739
(-149.44%↓ Y/Y)
Income before income
tax
$204,949
(-85.96%↓ Y/Y)
Total non-operating
income (expense)
-$106,354
Interest income
$61,292
(94.18%↑ Y/Y)
Wages, administrative
salaries and benefits
$910,718
(52.60%↑ Y/Y)
Utilities
$60,692
(83.47%↑ Y/Y)
Travel
$50,290
(-22.48%↓ Y/Y)
Telecommunications
$18,026
(10.68%↑ Y/Y)
Shipping
$6,165
(18.88%↑ Y/Y)
Research and development
$255,657
(819.43%↑ Y/Y)
Professional fees
$120,316
(52.87%↑ Y/Y)
Office and
miscellaneous
$349,736
(30.75%↑ Y/Y)
Lease expense and rent
$34,583
(150.24%↑ Y/Y)
Investor relations and
transfer agent fee
$64,683
(61.76%↑ Y/Y)
Insurance
$256,358
(-8.72%↓ Y/Y)
Consulting
$47,893
(-41.78%↓ Y/Y)
Commissions
$1,339
(-88.92%↓ Y/Y)
Advertising and promotion
$73,358
(38.75%↑ Y/Y)
Net income
attributable to flexible...
-$503,358
(-182.27%↓ Y/Y)
Net income
$386,688
(-64.60%↓ Y/Y)
Interest expense
$136,465
(2.81%↑ Y/Y)
Gain on investment
-$31,181
(-196.50%↓ Y/Y)
Net income
attributable to...
$890,046
(85.24%↑ Y/Y)
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Income Statement
source: myfinsight.com
FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI)
FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI)