FSI Earnings Prediction
The chart below shows how FSI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FSI sees a +0.09% change in stock price 10 days leading up to the earnings, and a +1.56% change 10 days following the report. On the earnings day itself, the stock moves by +0.79%. This data can give you a slight idea of what to expect for the next quarter's release.
FSI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
9.31M
6.82%
-11.53%
Gross Margin
40.87%
142.12%
9.25%
Operating Margin
20.90%
765.61%
9.02%
Net Margin
11.73%
302.94%
-13.75%
EPS
0.05
183.33%
-50.00%
No Data Available
FSI Earnings Analysis
Flexible Solutions International, Inc. Corporation (FSI.A) Earnings Conference Call
Positive
Q3 Sales Increase: Sales for Q3 2024 increased 7% to $9.31 million compared to $8.72 million in Q3 2023.
Profit Improvement Q3 2024: Profits for Q3 2024 were $612,000 or $0.05 per share, a significant improvement from a loss of $718,000 or $0.06 per share in Q3 2023.
Operating Cash Flow Increase: Operating cash flow for the first nine months of 2024 was $5.91 million or $0.47 per share, up from $3.28 million or $0.26 per share in the same period of 2023.
Asset Sale and Supplier Rights: The company sold its Florida LLC asset for $2 million in cash and $800,000 per year for five years, totaling $6 million, while retaining exclusive supplier rights for five years.
Food Product Pipeline: NCS has a pipeline of five food products, each with seven-figure revenue potential, progressing towards purchase orders by the end of 2024 or early 2025.
Negative
Asset Sale Loss Impact: 1. Accounting Loss from Asset Sale: The sale of the Florida LLC resulted in a one-time accounting loss of $385,000, which reduced earnings for Q3 2024 to $0.05 per share from an expected $0.07.
Tariff Impact on Costs: 2. Impact of Tariffs on Costs: The 25% tariffs on several raw materials imported from China are negatively affecting the company's cost of goods, cash flow, and profits, with the total amount due for rebates exceeding $1 million and growing each quarter.
Crop Price Challenges: 3. Low Crop Prices: Agricultural products are selling reasonably well, but crop prices are not increasing at the rate of inflation, creating a conflict for growers between rising costs and low crop prices.
Rising Long-term Debt Concerns: 4. Increased Long-term Debt: The company's total debt has been increasing, which raises concerns about financial stability and the ability to manage cash flow effectively.
Contract Securing Delays: 5. Delayed Customer Contracts: Progress in securing contracts for new food products has been slow, with customers requesting additional tests and iterations, prolonging the timeline for revenue generation.
FSI FAQs
How does FSI typically perform around its earnings report dates?
Is Flexible Solutions International, Inc. (FSI) Q3 2024 Earnings Call Summary positive or negative?
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FSI Earning Call Sentiment
Flexible Solutions International, Inc. (FSI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
FSI.A
-9.44%Positive
The earnings call summary indicates strong financial performance with increased sales, profits, and cash flow. The company is diversifying with new product lines and partnerships, suggesting future growth potential. Despite tariff challenges, the management remains optimistic about revenue and profit growth. The Q&A section highlights potential for substantial growth in the food division, though contract progress remains slow. The lack of a shareholder return plan is a minor drawback. Overall, the positive financial outlook and strategic developments suggest a positive stock price movement in the short term.
