Flexible Solutions International (US:FSI) Globenewswireยท2025-05-15 21:00Core Viewpoint - Flexible Solutions International, Inc. reported a significant decline in sales and net income for the first quarter of 2025 compared to the same period in 2024, primarily due to lower sales volume and increased costs, while also highlighting recovery in order patterns and new market opportunities [2][3][5]. Financial Performance - Q1 2025 sales were $7,473,692, down approximately 19% from $9,224,872 in Q1 2024 [5][6]. - The net loss for Q1 2025 was ($277,734), or ($0.02) per share, compared to a net income of $457,226, or $0.04 per share in Q1 2024 [5][6]. - Non-GAAP operating cash flow for Q1 2025 was $480,268, or $0.04 per share, down from $1,382,874, or $0.11 per share in Q1 2024 [5][6]. Revenue Sources and Market Opportunities - The NanoChem division and ENP subsidiary remain the primary sources of revenue and cash flow for the company [3]. - New opportunities are emerging in various sectors including detergent, water treatment, oil field extraction, turf, ornamental, and agricultural use, as well as in food and nutrition supplement manufacturing [3][5]. Conference Call Information - A conference call is scheduled for May 16, 2025, at 11:00 AM Eastern Time, where CEO Dan O'Brien will present and answer questions regarding the financial results [4].