RankingsPricing
  1. US-listed companies
  2. FLEXIBLE SOLUTIONS INTERNATIONAL INC

FLEXIBLE SOLUTIONS INTERNATIONAL INCFSI

Market cap
$42.65M
P/E ratio
Back to summarized table
Income statementBalance sheetCash flow
Dec 31,
2011		Dec 31,
2012		Dec 31,
2013		Dec 31,
2014		Dec 31,
2015		Dec 31,
2016		Dec 31,
2017		Dec 31,
2019		Dec 31,
2020		Dec 31,
2021		Dec 31,
2022
Sales1616161616161527313446
Cost of sales (Note 6, 7 & 8)101111111091019222332
Gross profit65556769101114
Wages22222222223
Administrative salaries and benefits362,807792,927801,087782,856715,773838,8371891,481804,272883,4601
Insurance256,654288,727290,224299,545292,460301,856285,418462,184479,218581,187683,272
Professional fees410,926523,057330,515287,750172,414184,931222,743444,735283,842285,424660,821
Office and miscellaneous484,899504,312760,264366,995308,016269,800238,195257,780250,330269,459350,126
Consulting---------320,759312,171
Interest expense95,749128,407109,19994,89055,77041,69944,125428,371260,657-292,949
Advertising and promotion105,62163,88425,05336,04734,44521,19918,257159,690197,196172,185182,609
Investor relations and transfer agent fee---------94,256179,505
Travel136,597142,139123,861138,884109,051140,340137,392318,84495,053107,894171,369
Lease expense-------462,193453,639382,663149,446
Research73,20068,254123,772134,98195,26595,09898,928123,66081,422116,41199,275
Telecommunications35,91230,60531,45731,04634,47324,36326,07144,45143,53545,48242,098
Commissions---------62,63230,732
Utilities114,800134,637122,63965,19128,43417,49521,33915,88617,65121,52329,517
Shipping---------16,56723,469
Currency exchange-9,4099,6954,46075,40655,89210,602-64,870-187,2506,890-25,091-23,091
Bad debt expense--31937,659865---231,6961,0166,97917,869
Total operating expenses55544447667
Operating income1-34,066-894,364660,7782322457
Gain on sale of land (Note 6)---------44,330-
PPP loan forgiveness (Note 12)---------537,960-
Gain on investments (Note 10)-------323,824877,358507,143341,424
Gain on previously held equity interest (Note 10)----------335,051
Interest income----------132,233
Income before income tax1-31,090-721,481660,77823-2578
Deferred income tax recovery (expense)-20,000--2,408,395-164,61138,157303,793985,495-602,421409,553363,317-71,295
Current income tax expense----------217,151
Net income for the year------22448
Net income attributable to non-controlling interests-------384,793606,484845,095691,625
Net income attributable to controlling interest182,990-1,084,4472403,3452222448
Income per share (basic) (Note 14)0.01-----0.15---0.57
Income per share (diluted) (Note 14)0.01-----0.15---0.56
Net income for the year------22448
Unrealized gain (loss) on foreign currency transactions-------227,963122,48996,391-30,069
Total comprehensive income-------3448
Comprehensive income – non-controlling interest-------384,793606,484845,095691,625
Comprehensive income attributable to controlling interests--986,7572-192,893566,450222347