FSI ANNOUNCES SECOND QUARTER 2023 REVENUE
17 Julho 2023 - 5:30PM
FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (
NYSE-
AMERICAN: FSI),
is the developer and manufacturer of biodegradable polymers for oil
extraction, detergent ingredients and water treatment as well as
crop nutrient availability chemistry. Flexible Solutions also
manufactures biodegradable and environmentally safe water and
energy conservation technologies. Today the Company announces top
line revenue for second quarter (Q2), 2023.
Sales were lower in Q2, 2023 compared to Q2,
2022. Flexible Solutions’ top line revenue decreased from $11.165
million (Q2, 2022) to $10.330 million (Q2, 2023), down
approximately 7% year over year.
Complete financial results will be available
after market close on Monday, August 14, 2023, concurrent with the
Company’s SEC second quarter filings. A conference
call will be scheduled for 8:00 am Pacific Time, 11:00 am
Eastern Standard Time, the following business day, Tuesday, August
15, 2023. See the FSI August
14,
2023 financials news release for the dial
in numbers.
About Flexible Solutions
International
Flexible Solutions International, Inc.
(www.flexiblesolutions.com), based in Victoria, British Columbia,
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 started producing other
crop enhancement products as well. The 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.
Safe Harbor Provision
The Private Securities Litigation Reform Act of
1995 provides a "Safe Harbor" for forward-looking statements.
Certain of the statements contained herein, which are not
historical facts, are forward looking statement with respect to
events, the occurrence of which involve risks and uncertainties.
These forward-looking statements may be impacted, either positively
or negatively, by various factors. Information concerning potential
factors that could affect the company is detailed from time to time
in the company's reports filed with the Securities and Exchange
Commission.
Flexible Solutions International6001
54th Ave, Taber, Alberta, CANADA
T1G 1X4
Company ContactsJason BloomToll Free: 800.661.3560Fax:
403.223.2905Email: info@flexiblesolutions.com
To find out more information about Flexible Solutions and our
products please visit
www.flexiblesolutions.com
If you have received this news release by mistake or if you
would like to be removed from our update list please reply to:
info@flexiblesolutions.com
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