Flexible Solutions International announced $2.5 million received for developing a new food-grade product, with potential for future payments.
Quiver AI Summary
Flexible Solutions International, Inc. (FSI), a manufacturer of environmentally friendly products and biodegradable polymers, announced on July 1, 2025, that it has received a payment of $2.5 million for its role in developing a new food-grade product. This payment marks a significant milestone in FSI's growing presence in the food and nutrition supplement markets, with the potential for additional payments and future manufacturing opportunities related to this product. CEO Dan O'Brien expressed satisfaction that the company's R&D efforts have generated revenue, and he emphasized the importance of building long-term production relationships in the food sector. FSI, based in Taber, Alberta, also engages in various environmental technologies, including water and energy conservation products.
Potential Positives
- Receipt of a US$2.5 million payment highlights FSI’s successful R&D efforts and ability to generate significant revenue through product development support.
- The potential for additional payments and new business opportunities indicates future revenue growth prospects for FSI in the food and nutrition supplement market.
- FSI's focus on building long-term production relationships positions the company for ongoing business success and stability in the expanding food grade sector.
- The press release emphasizes FSI's expertise in biodegradable and environmentally safe products, aligning with increasing market demand for sustainable solutions.
Potential Negatives
- The reliance on potential future payments being "several quarters in the future" may indicate uncertainty in revenue streams and future profitability.
- There is no immediate indication of ongoing contracts or orders for the newly developed food grade product, suggesting reliance on unconfirmed future business.
- CEO's statement lacks concrete details about the stabilization of production relationships, raising concerns over the company's ability to secure consistent business in new markets.
FAQ
What recent financial milestone has Flexible Solutions International achieved?
Flexible Solutions has received a payment of US$2.5 million for developing a new food grade product as of July 1, 2025.
What markets is Flexible Solutions expanding into?
Flexible Solutions is increasing its presence in the food and nutrition supplement manufacturing markets.
What is Flexible Solutions' core business focus?
The company specializes in biodegradable polymers for oil extraction, detergents, water treatment, and crop nutrient availability.
What is the significance of the payment received by Flexible Solutions?
The payment underscores the success of their R&D efforts and potential future business in food grade manufacturing.
Who is the CEO of Flexible Solutions International?
Dan O'Brien is the CEO of Flexible Solutions International, Inc., who commented on the recent financial achievement.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FSI Hedge Fund Activity
We have seen 11 institutional investors add shares of $FSI stock to their portfolio, and 8 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EVERNEST FINANCIAL ADVISORS, LLC added 61,400 shares (+inf%) to their portfolio in Q1 2025, for an estimated $310,070
- CRESSET ASSET MANAGEMENT, LLC removed 40,000 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $202,000
- UBS GROUP AG removed 26,707 shares (-97.4%) from their portfolio in Q1 2025, for an estimated $134,870
- ESSEX INVESTMENT MANAGEMENT CO LLC added 26,560 shares (+inf%) to their portfolio in Q1 2025, for an estimated $134,128
- DIMENSIONAL FUND ADVISORS LP added 18,482 shares (+35.2%) to their portfolio in Q1 2025, for an estimated $93,334
- BRIDGEWAY CAPITAL MANAGEMENT, LLC removed 16,400 shares (-16.7%) from their portfolio in Q1 2025, for an estimated $82,820
- TWO SIGMA INVESTMENTS, LP added 12,424 shares (+inf%) to their portfolio in Q1 2025, for an estimated $62,741
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
TABER, ALBERTA, July 01, 2025 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: 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. FSI is also increasing its presense in the food and nutrition supplement manufacturing markets. Today the Company announces it has received payment of US$2.5million for assisting in developing a new food grade product.
FSI received the payment of US$2.5 million on July 1, 2025 for assisting in the development of this new food grade product. There are potential circumstances under which FSI may receive additional payments for this product development assistance. Any such payments, if they occur, are several quarters in the future.
Furthermore, it is also possible that the NCS division of FSI may obtain new business manufacturing the product. Should this occur, it will be announced at that time.
Dan O'Brien, CEO, comments, "We are pleased that our R&D support for a potential customer has generated this revenue." Mr. O'Brien continues, " Since FSI is a food grade manufacturer and we focus on building long-term production relationships, we hope that we can book orders to make the product now that it is fully developed."
About Flexible Solutions International
Flexible Solutions International, Inc. (
www.flexiblesolutions.com
), based in Taber, Alberta, 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. In 2022, the Company entered the food and nutrition markets by obtaining FDA food grade approval for the Peru IL plant. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world
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 International
6001 54
th
Ave, Taber, Alberta, CANADA T1G 1X4
Company Contacts
Jason Bloom
Toll Free: 800.661.3560
Fax: 403.223.2905
Email:
[email protected]
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: [email protected]
