Flexible Historical Income Statement
FSI Stock | USD 3.95 0.22 5.28% |
Historical analysis of Flexible Solutions income statement accounts such as Total Revenue of 40.2 M or Gross Profit of 5.3 M can show how well Flexible Solutions International performed in making a profits. Evaluating Flexible Solutions income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Flexible Solutions's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Flexible Solutions latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Flexible Solutions is a good buy for the upcoming year.
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About Flexible Income Statement Analysis
Flexible Solutions Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Flexible Solutions shareholders. The income statement also shows Flexible investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Flexible Solutions Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Flexible Solutions generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Flexible Solutions International minus its cost of goods sold. It is profit before Flexible Solutions operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Flexible Solutions. It is also known as Flexible Solutions overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Flexible Solutions' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Flexible Solutions current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexible Solutions International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of now, Flexible Solutions' Other Operating Expenses is increasing as compared to previous years. The Flexible Solutions' current Operating Income is estimated to increase to about 3.6 M, while Gross Profit is projected to decrease to under 5.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.4M | 13.9M | 6.5M | 5.3M | Total Revenue | 34.4M | 45.8M | 38.3M | 40.2M |
Flexible Solutions income statement Correlations
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Flexible Solutions Account Relationship Matchups
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Flexible Solutions income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 620.3K | 1.2M | 1.2M | 1.3M | 1.7M | 1.8M | |
Interest Expense | 428.4K | 260.7K | 199.9K | 292.9K | 498.7K | 523.6K | |
Total Revenue | 27.4M | 31.4M | 34.4M | 45.8M | 38.3M | 40.2M | |
Gross Profit | 8.6M | 9.8M | 11.4M | 13.9M | 6.5M | 5.3M | |
Other Operating Expenses | 24.7M | 27.0M | 28.7M | 38.5M | 34.9M | 36.6M | |
Operating Income | 2.8M | 4.1M | 5.5M | 7.1M | 3.5M | 3.6M | |
Ebit | 2.8M | 5.5M | 6.9M | 8.2M | 3.5M | 3.6M | |
Ebitda | 3.5M | 6.6M | 8.1M | 9.5M | 5.2M | 5.5M | |
Cost Of Revenue | 18.8M | 21.6M | 23.0M | 32.0M | 31.9M | 33.4M | |
Total Operating Expenses | 5.9M | 5.4M | 5.7M | 6.5M | 3.0M | 4.2M | |
Income Before Tax | 2.3M | 5.2M | 6.7M | 7.9M | 3.6M | 3.8M | |
Net Income | 1.9M | 3.0M | 3.4M | 7.0M | 2.8M | 2.9M | |
Income Tax Expense | 17.4K | 1.6M | 2.4M | 145.9K | (132.7K) | (126.1K) | |
Selling General Administrative | 5.6M | 5.1M | 5.4M | 6.2M | 5.4M | 4.2M | |
Total Other Income Expense Net | (521.2K) | 1.1M | 1.2M | 808.7K | 162.4K | 154.3K | |
Research Development | 123.7K | 81.4K | 116.4K | 99.3K | 158.2K | 100.9K | |
Selling And Marketing Expenses | 159.7K | 197.2K | 172.2K | 182.6K | 194.3K | 124.5K | |
Net Income Applicable To Common Shares | 1.9M | 3.0M | 3.4M | 7.0M | 8.1M | 8.5M | |
Net Income From Continuing Ops | 1.9M | 3.6M | 4.3M | 7.7M | 3.8M | 3.0M | |
Non Recurring | 44.1K | 93.7K | 660.1K | 261.7K | 300.9K | 174.1K | |
Non Operating Income Net Other | 2.0M | 1.7M | 406.9K | 939.9K | 1.1M | 614.7K | |
Tax Provision | 17.4K | 1.6M | 2.4M | 145.9K | (132.7K) | (126.1K) | |
Interest Income | 80.7K | 53.1K | 78.0K | 473.7K | 113.8K | 102.9K | |
Minority Interest | 384.8K | 2.6M | (845.1K) | (691.6K) | (980.1K) | (931.1K) | |
Net Interest Income | (347.6K) | (207.6K) | (121.9K) | (160.7K) | (384.9K) | (365.6K) | |
Reconciled Depreciation | 620.3K | 1.2M | 1.2M | 1.3M | 1.7M | 1.1M |
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When determining whether Flexible Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flexible Solutions' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flexible Solutions International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flexible Solutions International Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexible Solutions International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flexible Solutions. If investors know Flexible will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flexible Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.667 | Earnings Share 0.33 | Revenue Per Share 3.046 | Quarterly Revenue Growth 0.019 | Return On Assets 0.045 |
The market value of Flexible Solutions is measured differently than its book value, which is the value of Flexible that is recorded on the company's balance sheet. Investors also form their own opinion of Flexible Solutions' value that differs from its market value or its book value, called intrinsic value, which is Flexible Solutions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flexible Solutions' market value can be influenced by many factors that don't directly affect Flexible Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flexible Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Flexible Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flexible Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.