Last $1.27 USD
Change Today -0.02 / -1.55%
Volume 144.6K
FSI On Other Exchanges
As of 1:16 PM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

flexible solutions intl inc (FSI) Snapshot

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08/22/14 - $1.94
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flexible solutions intl inc (FSI) Details

Flexible Solutions International, Inc., together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water. Its products include HEATSAVR, a chemical product for use in swimming pools and spas that forms a thin and transparent layer on the water’s surface; ECOSAVR, a disposable dispenser designed for the residential pool and spa market; and WATERSAVR to reduce water evaporation in reservoirs, potable water storage tanks, livestock watering ponds, aqueducts, canals, and irrigation ditches, as well as for lawn and turf care, and potted and bedding plants. It also offers thermal polyaspartate biopolymers (TPAs) for oil fields to reduce scale and corrosion in various water systems; and for the agricultural industry to reduce fertilizer crystallization before, during, and after application, as well as to prevent crystal formation between fertilizer and minerals present in the soil. In addition, the company provides TPAs for irrigation to prevent early plugging of drip irrigation ports, reduce maintenance costs, and lengthen the life of equipment; for detergents as a biodegradable substitute for poly-acrylic acid; and for use in personal care products, such as shampoo and cosmetic products. Flexible Solutions International Inc. was founded in 1991 and is headquartered in Victoria, Canada.

flexible solutions intl inc (FSI) Top Compensated Officers

Chief Executive Officer, President, Principal...
Total Annual Compensation: $625.5K
Compensation as of Fiscal Year 2013.

flexible solutions intl inc (FSI) Key Developments

Flexible Solutions International Inc. Announces Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended June 30, 2014

Flexible Solutions International Inc. announced unaudited consolidated earnings results for second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of 4,286,731, income before income tax of 498,462, net income of 399,753 or 0.03 per basic share compared to the revenue of 4,884,629, income before income tax of 82,169, net income of 70,169 or 0.01 per basic share for the same quarter a year ago. For the six months period, net income reflects $367,271 of non-cash charges (depreciation and stock option expenses), as well as net income tax $98,709, interest expense $52,772 items not related to operating or current operating activities. When these items are removed the Company shows operating cash flow of $762,927, or $0.06 per share. This compares with operating cash flow of $975,138, or $0.07 per share, in the corresponding six months of 2013.

Flexible Solutions International Inc., Q2 2014 Earnings Call, Aug 15, 2014

Flexible Solutions International Inc., Q2 2014 Earnings Call, Aug 15, 2014

Flexible Solutions International Inc. Announces WaterSavr(TM) Project in Wichita Falls Texas

Flexible Solutions International Inc. announced that The City of Wichita Falls, Texas has approved a project to apply WaterSavr(TM) to the Lake Arrowhead Reservoir that supplies the City of Wichita Falls. WaterSavr(TM) is an evaporation reduction aid that has significantly reduced water loss in multiple studies around the world. It is approved for use in the USA by the National Sanitation Foundation (NSF) under Schedule 60. WaterSavr(TM) is 100% biodegradable and composed of only food grade ingredients. It is made in the USA. In several studies it has reduced evaporation from reservoirs by more than 30%. Evaporation is the large form of water loss suffered by reservoirs in the region and it has been calculated that if Wichita Falls can save 10% of the water that normally evaporates each year, the saving would be greater than 1/3 of its annual consumption by the city of the year.


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