Flexible Solutions International, Inc., based in Taber, Alberta, is an environmental technology company. The Company’s NanoChem Solutions Inc. subsidiary specializes in biodegradable, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic and have wide usage including scale inhibitors, detergent ingredients, water treatment and crop enhancement. Along with TPA, this division produces other crop enhancement products. Other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world. FSI is the developer and manufacturer of WaterSavrTM, the world’s first commercially viable water evaporation retardant. WaterSavrTM reduces evaporation by up to 30% on reservoirs, lakes, aqueducts, irrigation canals, ponds and slow moving rivers. HeatsavrTM, a “liquid blanket” evaporation retardant for the commercial swimming pool and spa markets, reduces energy costs by 15% to 40% and can result in reduced indoor pool humidity.
Company profile
Ticker
FSI
Exchange
Website
CEO
Daniel Bryan O'Brien
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Element Solutions • Cabot • Orion S.A • Versum Materials • WD-40 • Arq • GlyEco • Flotek Industries • ASP Isotopes • CuraScientific ...
SEC CIK
Corporate docs
IRS number
911922863
FSI stock data
Latest filings (excl ownership)
8-K
Fsi Announces Full Year, 2023 Financial Results
3 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
Submission of Matters to a Vote of Security Holders
8 Dec 23
8-K
Fsi Announces Third Quarter, 2023 Financial Results
15 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
DEF 14A
Definitive proxy
1 Nov 23
8-K
Fsi Announces Second Quarter, 2023 Financial Results
16 Aug 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
UPLOAD
Letter from SEC
21 Jun 23
CORRESP
Correspondence with SEC
16 Jun 23
Transcripts
FSI
Earnings call transcript
2023 Q3
15 Nov 23
FSI
Earnings call transcript
2023 Q2
15 Aug 23
FSI
Earnings call transcript
2023 Q1
16 May 23
FSI
Earnings call transcript
2022 Q3
15 Nov 22
FSI
Earnings call transcript
2022 Q2
16 Aug 22
FSI
Earnings call transcript
2022 Q1
17 May 22
FSI
Earnings call transcript
2022 Q4
3 Apr 22
FSI
Earnings call transcript
2021 Q4
1 Apr 22
FSI
Earnings call transcript
2021 Q3
16 Nov 21
FSI
Earnings call transcript
2021 Q2
16 Aug 21
Latest ownership filings
SC 13G/A
COMPREHENSIVE FINANCIAL PLANNING INC
31 Jan 24
4
BRIEN DANIEL B O
17 Nov 23
SC 13D/A
O BRIEN DANIEL B
17 Nov 23
144
Notice of proposed sale of securities
20 Oct 23
SC 13D/A
O BRIEN DANIEL B
26 Jul 23
4
BRIEN DANIEL B O
26 Jul 23
SC 13D/A
O BRIEN DANIEL B
21 Jul 23
4
BRIEN DANIEL B O
21 Jul 23
SC 13D/A
O BRIEN DANIEL B
23 Jun 23
4
BRIEN DANIEL B O
23 Jun 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 8.94 mm | 8.94 mm | 8.94 mm | 8.94 mm | 8.94 mm | 8.94 mm |
Cash burn (monthly) | (no burn) | (no burn) | 128.89 k | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 857.15 k | n/a | n/a | n/a |
Cash remaining | n/a | n/a | 8.09 mm | n/a | n/a | n/a |
Runway (months of cash) | n/a | n/a | 62.7 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
48.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 12 |
Opened positions | 1 |
Closed positions | 5 |
Increased positions | 0 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 562.28 mm |
Total shares | 6.05 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Lygos | 4.56 mm | $0.00 |
Comprehensive Financial Planning | 1.29 mm | $0.00 |
UBS UBS Group AG - Registered Shares | 77.82 k | $211.68 mm |
Dimensional Fund Advisors | 59.47 k | $161.77 mm |
Regal Investment Advisors | 28.46 k | $77.41 mm |
BLK Blackrock | 18.17 k | $49.43 mm |
James Investment Research | 10.00 k | $27.20 mm |
GWM Advisors | 10.00 k | $27.20 mm |
Tower Research Capital | 1.44 k | $3.93 mm |
WFC Wells Fargo & Co. | 1.25 k | $3.39 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Nov 23 | O Brien Daniel B | Common Stock | Sell | Dispose S | No | No | 1.57 | 94,563 | 148.46 k | 4,270,156 |
21 Jul 23 | O Brien Daniel B | Common Stock | Sell | Dispose S | No | No | 2.638 | 9,312 | 24.57 k | 4,364,719 |
20 Jul 23 | O Brien Daniel B | Common Stock | Sell | Dispose S | No | No | 2.646 | 20,100 | 53.18 k | 4,374,031 |
19 Jul 23 | O Brien Daniel B | Common Stock | Sell | Dispose S | No | No | 2.6522 | 17,647 | 46.80 k | 4,394,131 |
22 Jun 23 | O Brien Daniel B | Common Stock | Sell | Dispose S | No | No | 2.8 | 5,003 | 14.01 k | 4,411,778 |
21 Jun 23 | O Brien Daniel B | Common Stock | Sell | Dispose S | No | No | 2.8 | 4,114 | 11.52 k | 4,416,781 |
20 Jun 23 | Thomas Murray Fyles | Common Stock | Buy | Acquire P | No | No | 2.65 | 5,000 | 13.25 k | 20,000 |