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FSI (Flexible Solutions International) Gross Profit : $13.24 Mil (TTM As of Dec. 2024)


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What is Flexible Solutions International Gross Profit?

Flexible Solutions International's gross profit for the three months ended in Dec. 2024 was $2.67 Mil. Flexible Solutions International's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $13.24 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Flexible Solutions International's gross profit for the three months ended in Dec. 2024 was $2.67 Mil. Flexible Solutions International's Revenue for the three months ended in Dec. 2024 was $9.17 Mil. Therefore, Flexible Solutions International's Gross Margin % for the quarter that ended in Dec. 2024 was 29.17%.

Flexible Solutions International had a gross margin of 29.17% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Flexible Solutions International was 43.02%. The lowest was 27.25%. And the median was 32.37%.


Flexible Solutions International Gross Profit Historical Data

The historical data trend for Flexible Solutions International's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Flexible Solutions International Gross Profit Chart

Flexible Solutions International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.77 11.40 13.87 10.44 13.24

Flexible Solutions International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.85 2.82 3.94 3.81 2.67

Competitive Comparison of Flexible Solutions International's Gross Profit

For the Specialty Chemicals subindustry, Flexible Solutions International's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flexible Solutions International's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Flexible Solutions International's Gross Profit distribution charts can be found below:

* The bar in red indicates where Flexible Solutions International's Gross Profit falls into.


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Flexible Solutions International Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Flexible Solutions International's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=38.235 - 24.995
=13.24

Flexible Solutions International's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=9.166 - 6.492
=2.67

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.24 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Flexible Solutions International's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.67 / 9.166
=29.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Flexible Solutions International  (AMEX:FSI) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Flexible Solutions International had a gross margin of 29.17% for the quarter that ended in Dec. 2024 => Competition eroding margins


Flexible Solutions International Gross Profit Related Terms

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Flexible Solutions International Business Description

Traded in Other Exchanges
N/A
Address
6001 54 Avenue, Taber, AB, CAN, T1G 1X4
Flexible Solutions International Inc develops, manufactures, and markets specialty chemicals that slow the evaporation of water. Its business is organized into two segments Energy and Water Conservation Products, and Biodegradable Polymers. It offers a liquid swimming pool blanket under the WATERSAVR brand, which saves energy and water by inhibiting evaporation from the pool surface, a chemical product called HEATSAVR, for use in swimming pools and spas to slow the water evaporation. The firm also manufactures and markets water-soluble chemicals utilizing thermal polyaspartate biopolymers. It generates most of its revenues from the export of its products to international markets.
Executives
O Brien Daniel B director, 10 percent owner, officer: President/CEO 2614 QUEENSWOOD DR, VICTORIA B C, V8N 1X6 A1 V6C 3L6
Thomas Murray Fyles director 3478 CARDIFF PLACE, VICTORIA A1 V8P 4Z1
Robert T Helina director P.O. BOX 670, (345) 323-7888, GEORGETOWN E9 KY1-1107
John H Bientjes director 1-230 W 13TH ST, N VANCOUVER B C, V8N 1X5
Eric Glen Hodges director 204 GOVERNMENT STREET, VICTORIA A1 V8V 2K9
Fred J Kupel officer: Chief Financial Officer 3735 SE OGDEN STREET, PORTLAND OR 97202
O Brien Dr Robert N director, 10 percent owner 2614 QUEENSWOOD DR, VICTORIA B C, V8N 1X6
Dale Friend director