Flexible Historical Income Statement

FSI Stock  USD 4.15  0.10  2.47%   
Historical analysis of Flexible Solutions income statement accounts such as Total Revenue of 40.2 M or Gross Profit of 5.3 M can show how well Flexible Solutions International performed in making a profits. Evaluating Flexible Solutions income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Flexible Solutions's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Flexible Solutions latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Flexible Solutions is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexible Solutions International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About Flexible Income Statement Analysis

Flexible Solutions Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Flexible Solutions shareholders. The income statement also shows Flexible investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Flexible Solutions Income Statement Chart

As of now, Flexible Solutions' Other Operating Expenses is increasing as compared to previous years. The Flexible Solutions' current Operating Income is estimated to increase to about 3.6 M, while Gross Profit is projected to decrease to under 5.3 M.

Total Revenue

Total revenue comprises all receipts Flexible Solutions generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Flexible Solutions International minus its cost of goods sold. It is profit before Flexible Solutions operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Flexible Solutions' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Flexible Solutions current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexible Solutions International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of now, Flexible Solutions' Other Operating Expenses is increasing as compared to previous years. The Flexible Solutions' current Operating Income is estimated to increase to about 3.6 M, while Gross Profit is projected to decrease to under 5.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit11.4M13.9M6.5M5.3M
Total Revenue34.4M45.8M38.3M40.2M

Flexible Solutions income statement Correlations

0.740.780.380.820.410.430.590.830.370.340.43-0.260.61-0.140.430.330.410.30.05-0.290.42-0.55-0.610.73
0.740.830.370.860.520.480.570.890.270.410.46-0.20.53-0.180.430.590.420.710.22-0.570.47-0.74-0.970.78
0.780.830.760.990.840.820.890.980.550.790.80.040.730.130.480.620.760.520.38-0.270.74-0.79-0.740.89
0.380.370.760.710.860.890.870.640.780.850.780.340.780.270.360.520.740.450.330.150.71-0.47-0.290.6
0.820.860.990.710.770.750.840.990.550.720.75-0.030.750.10.520.60.720.530.37-0.330.71-0.79-0.770.87
0.410.520.840.860.770.990.970.760.420.960.850.380.490.230.210.570.80.380.360.020.75-0.65-0.50.77
0.430.480.820.890.750.990.980.730.460.960.840.390.510.250.170.590.80.380.340.120.74-0.59-0.440.78
0.590.570.890.870.840.970.980.820.490.930.840.290.580.20.230.590.80.40.320.050.75-0.64-0.520.84
0.830.890.980.640.990.760.730.820.440.70.74-0.050.660.080.480.60.710.510.36-0.370.69-0.82-0.810.9
0.370.270.550.780.550.420.460.490.440.440.460.120.890.210.490.280.420.40.220.10.41-0.25-0.130.22
0.340.410.790.850.720.960.960.930.70.440.870.460.490.50.230.50.850.270.580.160.71-0.63-0.390.73
0.430.460.80.780.750.850.840.840.740.460.87-0.020.520.370.350.390.930.320.5-0.120.86-0.67-0.410.7
-0.26-0.20.040.34-0.030.380.390.29-0.050.120.46-0.020.020.45-0.20.20.06-0.140.310.62-0.10.040.160.07
0.610.530.730.780.750.490.510.580.660.890.490.520.020.160.710.410.510.50.33-0.090.48-0.46-0.40.51
-0.14-0.180.130.270.10.230.250.20.080.210.50.370.450.160.16-0.030.48-0.240.870.440.13-0.220.180.13
0.430.430.480.360.520.210.170.230.480.490.230.35-0.20.710.160.060.260.30.36-0.20.15-0.49-0.380.35
0.330.590.620.520.60.570.590.590.60.280.50.390.20.41-0.030.060.480.550.14-0.170.45-0.48-0.560.68
0.410.420.760.740.720.80.80.80.710.420.850.930.060.510.480.260.480.280.56-0.120.87-0.72-0.350.71
0.30.710.520.450.530.380.380.40.510.40.270.32-0.140.5-0.240.30.550.280.1-0.340.36-0.49-0.730.5
0.050.220.380.330.370.360.340.320.360.220.580.50.310.330.870.360.140.560.10.150.27-0.47-0.240.39
-0.29-0.57-0.270.15-0.330.020.120.05-0.370.10.16-0.120.62-0.090.44-0.2-0.17-0.12-0.340.15-0.370.380.54-0.19
0.420.470.740.710.710.750.740.750.690.410.710.86-0.10.480.130.150.450.870.360.27-0.37-0.61-0.370.63
-0.55-0.74-0.79-0.47-0.79-0.65-0.59-0.64-0.82-0.25-0.63-0.670.04-0.46-0.22-0.49-0.48-0.72-0.49-0.470.38-0.610.69-0.75
-0.61-0.97-0.74-0.29-0.77-0.5-0.44-0.52-0.81-0.13-0.39-0.410.16-0.40.18-0.38-0.56-0.35-0.73-0.240.54-0.370.69-0.76
0.730.780.890.60.870.770.780.840.90.220.730.70.070.510.130.350.680.710.50.39-0.190.63-0.75-0.76
Click cells to compare fundamentals

Flexible Solutions Account Relationship Matchups

Flexible Solutions income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization620.3K1.2M1.2M1.3M1.7M1.8M
Interest Expense428.4K260.7K199.9K292.9K498.7K523.6K
Total Revenue27.4M31.4M34.4M45.8M38.3M40.2M
Gross Profit8.6M9.8M11.4M13.9M6.5M5.3M
Other Operating Expenses24.7M27.0M28.7M38.5M34.9M36.6M
Operating Income2.8M4.1M5.5M7.1M3.5M3.6M
Ebit2.8M5.5M6.9M8.2M3.5M3.6M
Ebitda3.5M6.6M8.1M9.5M5.2M5.5M
Cost Of Revenue18.8M21.6M23.0M32.0M31.9M33.4M
Total Operating Expenses5.9M5.4M5.7M6.5M3.0M4.2M
Income Before Tax2.3M5.2M6.7M7.9M3.6M3.8M
Net Income1.9M3.0M3.4M7.0M2.8M2.9M
Income Tax Expense17.4K1.6M2.4M145.9K(132.7K)(126.1K)
Selling General Administrative5.6M5.1M5.4M6.2M5.4M4.2M
Total Other Income Expense Net(521.2K)1.1M1.2M808.7K162.4K154.3K
Research Development123.7K81.4K116.4K99.3K158.2K100.9K
Selling And Marketing Expenses159.7K197.2K172.2K182.6K194.3K124.5K
Net Income Applicable To Common Shares1.9M3.0M3.4M7.0M8.1M8.5M
Net Income From Continuing Ops1.9M3.6M4.3M7.7M3.8M3.0M
Non Recurring44.1K93.7K660.1K261.7K300.9K174.1K
Non Operating Income Net Other2.0M1.7M406.9K939.9K1.1M614.7K
Tax Provision17.4K1.6M2.4M145.9K(132.7K)(126.1K)
Interest Income80.7K53.1K78.0K473.7K113.8K102.9K
Minority Interest384.8K2.6M(845.1K)(691.6K)(980.1K)(931.1K)
Net Interest Income(347.6K)(207.6K)(121.9K)(160.7K)(384.9K)(365.6K)
Reconciled Depreciation620.3K1.2M1.2M1.3M1.7M1.1M

Currently Active Assets on Macroaxis

When determining whether Flexible Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flexible Solutions' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flexible Solutions International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flexible Solutions International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexible Solutions International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flexible Solutions. If investors know Flexible will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flexible Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.667
Earnings Share
0.33
Revenue Per Share
3.046
Quarterly Revenue Growth
0.019
Return On Assets
0.045
The market value of Flexible Solutions is measured differently than its book value, which is the value of Flexible that is recorded on the company's balance sheet. Investors also form their own opinion of Flexible Solutions' value that differs from its market value or its book value, called intrinsic value, which is Flexible Solutions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flexible Solutions' market value can be influenced by many factors that don't directly affect Flexible Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flexible Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Flexible Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flexible Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.