Flexible Solutions International, Inc. (FSI)

FSI Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	8.61	7.63	5.02	6.12	5.71	3.47
Short-Term Investments	1.39	2.4	2.69	0.7	1.03	1
Cash & Short-Term Investments	10	10.03	7.71	6.82	6.74	4.47
Cash Growth	8.58%	30.15%	13.10%	1.18%	50.59%	23.06%
Receivables	8.6	11.7	9.84	9.45	7.13	5.89
Inventory	11.33	10.89	11.13	14.42	9.5	8.37
Prepaid Expenses	1.16	1.96	1.54	0.31	0.44	0.3
Total Current Assets	31.09	34.58	30.23	30.99	23.81	19.04
Property, Plant & Equipment	17.6	17.15	13.29	9.88	5.15	5.63
Long-Term Investments	3.51	3.42	6.03	5.46	5.42	4.78
Goodwill	2.53	2.53	2.53	2.53	2.53	2.53
Other Intangible Assets	2.04	2.12	2.28	2.44	2.61	2.81
Long-Term Deferred Tax Assets	-	-	0.28	0.27	0.01	0.3
Other Long-Term Assets	1.46	0.17	0.82	0.01	0.01	0.01
Total Assets	58.23	59.97	55.47	51.59	39.55	35.09
Accounts Payable	1.72	2.05	1.98	0.87	1.28	0.56
Accrued Expenses	0.21	0.4	0.28	0.96	0.46	1.23
Short-Term Debt	0.71	2.05	1.81	2.82	2.3	2.12
Current Portion of Long-Term Debt	1.14	2.14	1.28	0.72	0.79	0.85
Current Portion of Leases	-	-	0.06	0.06	0.08	0.29
Current Income Taxes Payable	5.33	5.14	4.49	4.49	4.56	2.54
Current Unearned Revenue	0.04	0.08	0.15	0.39	0.35	0.31
Total Current Liabilities	9.15	11.86	10.05	10.3	9.82	7.89
Long-Term Debt	6.38	6.62	6.83	5.44	1.57	3
Long-Term Leases	-	-	0.06	0.11	0.14	0.2
Long-Term Deferred Tax Liabilities	0.12	0.12	0.26	0.5	0.31	0.23
Total Liabilities	15.65	18.6	17.2	16.35	11.85	11.32
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	19.38	18.79	17.93	17.52	16.98	16.63
Retained Earnings	20.31	19.84	18.05	15.9	8.88	5.43
Comprehensive Income & Other	-0.34	-0.61	-0.8	-0.81	-0.78	-0.87
Total Common Equity	39.37	38.03	35.2	32.63	25.1	21.21
Minority Interest	3.21	3.33	3.07	2.61	2.6	2.56
Shareholders' Equity	42.58	41.37	38.27	35.24	27.71	23.77
Total Liabilities & Equity	58.23	59.97	55.47	51.59	39.55	35.09
Total Debt	8.24	10.81	10.04	9.14	4.88	6.45
Net Cash (Debt)	1.76	-0.78	-2.33	-2.32	1.85	-1.97
Net Cash Growth	445.31%	-	-	-	-	-
Net Cash Per Share	0.13	-0.06	-0.19	-0.19	0.15	-0.16
Filing Date Shares Outstanding	12.66	12.65	12.45	12.44	12.38	12.31
Total Common Shares Outstanding	12.65	12.52	12.44	12.43	12.36	12.26
Working Capital	21.94	22.71	20.17	20.69	13.99	11.15
Book Value Per Share	3.11	3.04	2.83	2.63	2.03	1.73
Tangible Book Value	34.79	33.38	30.39	27.66	19.95	15.87
Tangible Book Value Per Share	2.75	2.67	2.44	2.23	1.62	1.29
Land	0.44	0.44	0.44	0.38	0.23	0.45
Buildings	13.23	12.8	12.34	8.78	4.82	4.8
Machinery	16.49	15.64	10.39	9.05	7.28	6.54
Leasehold Improvements	-	0.01	0.09	0.09	0.09	0.09

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q