Flexible Solutions International announces a significant food grade contract, potentially increasing annual revenue by up to $50 million by 2027.
Quiver AI Summary
Flexible Solutions International, Inc. (FSI), based in Taber, Alberta, has announced a new food grade contract for its Illinois plant, projected to generate annual revenues between $6.5 million and $13 million, with potential expansion beyond $25 million. Production will commence immediately without the need for additional equipment, under a five-year agreement that includes tariff and inflation protection provisions. This contract follows a similar deal announced in January, positioning FSI to potentially exceed $50 million in food grade production revenue by 2027. CEO Dan O'Brien expressed optimism about doubling overall revenue in the next 18 months, supported by the company's legacy and environmental technology businesses.
Potential Positives
- Signing a second significant food grade contract with estimated annual revenue between $6.5 million and $13 million enhances revenue potential.
- No additional equipment or capital improvements are needed to begin or scale full production, indicating a cost-effective expansion.
- The contract includes optional expansion provisions that could increase annual revenue to over $25 million, supporting future growth.
- The CEO's statement highlights a potential to double revenue in the next 18 months, which is promising for the company's financial outlook.
Potential Negatives
- The press release does not disclose specific products, customer, and volumes related to the new food grade contract, which may raise concerns about transparency and could affect investor trust.
- The need for reliance on the success of a new food grade contract and potential future contracts to significantly increase revenue may indicate a lack of diversification in revenue streams.
- While the company mentions goals for doubling revenue in the next 18 months, achieving such aggressive targets often involves significant risk and uncertainty, which are not fully addressed in the press release.
FAQ
What is Flexible Solutions International, Inc. known for?
Flexible Solutions International, Inc. specializes in biodegradable polymers for oil extraction, detergents, water treatment, and crop nutrients.
What does the new food grade contract entail?
The new food grade contract includes an estimated revenue of $6.5 million to $13 million per year for their Illinois plant.
How will this contract affect the company's revenue?
This contract could help Flexible Solutions increase their food grade production revenue to over $50 million per year by 2027.
What are the terms of the new food grade contract?
The contract has a five-year term, potential for expansion beyond $25 million in revenue, and tariff and inflation protection provisions.
Where can I learn more about Flexible Solutions International?
More information about Flexible Solutions International and their products can be found on their official website at www.flexiblesolutions.com.
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 8 institutional investors add shares of $FSI stock to their portfolio, and 11 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EVERNEST FINANCIAL ADVISORS, LLC removed 61,400 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $297,790
- 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, Aug. 11, 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 signed a second significant food grade contract.
Today the Company announces a new food grade contract for the Illinois plant with estimated revenue between $6.5 million and $13 million per year. Limited production will begin immediately and scale up to the revenue estimates as quickly as possible. No additional equipment or capital improvements are needed to begin, or to reach full, production.
Additional items in the contract include a five-year term, provision for optional expansion to greater than $25 million in annual revenue and provisions for tariff and inflation protection. The specific products, customer and volumes will not be disclosed but, a redacted version of the contract will be filed with the SEC as soon as both parties approve it.
Dan O'Brien, CEO, states, "This contract, combined with the one announced in January, have the potential to bring our new food grade production to more than $50 million per year by the 2027 year." Mr. O'Brien continues, "Added to our legacy business, which is moving to Panama and our ENP business in IL, we believe it is possible to double our revenue in the next 18 months. I know every person in the FSI group is excited to try and achieve this.".
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]
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