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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	9.65	7.63	5.02	6.12	5.71	3.47
Short-Term Investments	1.38	2.4	2.69	0.7	1.03	1
Cash & Short-Term Investments	11.03	10.03	7.71	6.82	6.74	4.47
Cash Growth	32.42%	30.15%	13.10%	1.18%	50.59%	23.06%
Receivables	11.98	11.7	9.84	9.45	7.13	5.89
Inventory	11.13	10.89	11.13	14.42	9.5	8.37
Prepaid Expenses	1.95	1.96	1.54	0.31	0.44	0.3
Total Current Assets	36.08	34.58	30.23	30.99	23.81	19.04
Property, Plant & Equipment	17.08	17.15	13.29	9.88	5.15	5.63
Long-Term Investments	3.49	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	2.08	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	0.43	0.17	0.82	0.01	0.01	0.01
Total Assets	61.69	59.97	55.47	51.59	39.55	35.09
Accounts Payable	2.16	2.05	1.98	0.87	1.28	0.56
Accrued Expenses	0.18	0.4	0.28	0.96	0.46	1.23
Short-Term Debt	3.99	2.05	1.81	2.82	2.3	2.12
Current Portion of Long-Term Debt	1.63	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	5.25	5.14	4.49	4.49	4.56	2.54
Current Unearned Revenue	0.08	0.08	0.15	0.39	0.35	0.31
Total Current Liabilities	13.29	11.86	10.05	10.3	9.82	7.89
Long-Term Debt	6.51	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	19.92	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	19.27	18.79	17.93	17.52	16.98	16.63
Retained Earnings	19.56	19.84	18.05	15.9	8.88	5.43
Comprehensive Income & Other	-0.42	-0.61	-0.8	-0.81	-0.78	-0.87
Total Common Equity	38.42	38.03	35.2	32.63	25.1	21.21
Minority Interest	3.35	3.33	3.07	2.61	2.6	2.56
Shareholders' Equity	41.77	41.37	38.27	35.24	27.71	23.77
Total Liabilities & Equity	61.69	59.97	55.47	51.59	39.55	35.09
Total Debt	12.13	10.81	10.04	9.14	4.88	6.45
Net Cash (Debt)	-1.11	-0.78	-2.33	-2.32	1.85	-1.97
Net Cash Per Share	-0.09	-0.06	-0.19	-0.19	0.15	-0.16
Filing Date Shares Outstanding	12.65	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	22.8	22.71	20.17	20.69	13.99	11.15
Book Value Per Share	3.04	3.04	2.83	2.63	2.03	1.73
Tangible Book Value	33.81	33.38	30.39	27.66	19.95	15.87
Tangible Book Value Per Share	2.67	2.67	2.44	2.23	1.62	1.29
Land	0.44	0.44	0.44	0.38	0.23	0.45
Buildings	12.8	12.8	12.34	8.78	4.82	4.8
Machinery	15.99	15.64	10.39	9.05	7.28	6.54
Leasehold Improvements	-	0.01	0.09	0.09	0.09	0.09

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q