Company Overview - Flexible Solutions International, Inc. (FSI) is a developer and manufacturer of biodegradable polymers for various applications including oil extraction, detergent ingredients, water treatment, and crop nutrient availability [1][4] - The company is also expanding its presence in the food and nutrition supplement manufacturing markets [1] Financial Performance - In Q1 2025, FSI reported a revenue decrease from 7.4 million in Q1 2025, representing a decline of approximately 20.0% year over year [2] - The CEO, Dan O'Brien, indicated that the decline was due to two significant customers reducing inventory and a decrease in sales from the ENP division, likely influenced by early purchases in Q4 2024 [3] Future Outlook - Despite the sales decline in Q1 2025, the company does not believe this will affect its growth expectations for the fiscal year 2025 [3] - Complete financial results will be available on May 15, 2025, with a conference call scheduled for the following day [3]
FSI ANNOUNCES FIRST QUARTER, 2025 REVENUE