← BackFLEXIBLE SOLUTIONS INTERNATIONAL INC · Miscellaneous Chemical ProductsFSI
Moderate riskNext report: Due any day
The short versionA profitable company with shrinking sales. Institutions are trimming.
Going well
- Profitable every year for 10 years
- Little debt
Watch out for
- Sales down 33% in the latest quarter vs a year ago
Money moves
- No insider buying or selling in the last 30 days
- Institutions cut 2.7% from their holdings in the quarter ending June 2026 (11 bought, 12 sold)
Facts from SEC filings, not a recommendation.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$7.6M-33% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $35.6M, down 4.7% from the 12 months before. Over 5 years, sales grew about 4.2% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.2.0%
- PassDebt under half of equityNot relying on borrowed money.0.11x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.2.0%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$592K
- MissShare count not growingNot diluting owners. Falling means buybacks.+9.0% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.32.6%
- Revenue
- $38.5M
- +0.7% vs prior year
- 5-year growth
- +4.2%/yr
- revenue, per year
- Total debt
- $4.4M
- 0.11x equity
- Current ratio
- 3.06x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $7.6M
- -33.1% YoY
- EPS
- -$0.15
- vs $0.15
- Op. margin
- -29.2%
- -58.2 pts
- Gross margin
- -3.8%
- -51.2 pts
- Free cash flow
- $4.6M
- Share count
- -3.9%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.4
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-2.7%Institutions cut 2.7% from their holdings. 11 bought, 12 sold. 2 quarters of net selling in a row.
Shares held by institutions1.2M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+0.9%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.1x · $4.2M debtShares outstandingLatest reported
13MWhy moderate risk- Auditor change
- Late annual report notice
Next reportDue any dayEstimated from the same quarter last year
- Results filedApr 25, 2024
- Results filedNov 15, 2023
- Results filedAug 16, 2023
- Results filedMay 16, 2023
- Results filedMay 17, 2022
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.