FLEXIBLE SOLUTIONS INTERNATIONAL INC FSI Income Statement

Flexible solutions international inc (FSI)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Sales
8,429	4,794	7,403	6,770	8,471	5,674	3,816	4,137	4,201	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales
-	-	-	-	-	-	-	-	-	-	3,269	4,722	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales
-	-	-	-	-	-	-	-	-	-	-	-	4,663	4,083	3,117	3,733	5,312	3,730	3,303	3,900	4,963	3,957	3,850	4,286	3,812	3,431	2,980	4,884	4,504	3,846	3,598	3,761	5,194	3,369	3,861	3,930	4,357	2,676	2,833
Cost of sales
5,479	3,481	5,024	4,618	5,695	4,498	2,859	2,600	2,233	1,823	2,274	2,841	2,569	2,434	1,997	1,750	3,073	2,263	2,094	2,273	3,064	2,852	2,524	2,732	2,658	2,371	2,430	3,311	3,158	2,685	2,567	2,654	3,219	2,134	2,708	2,246	2,573	1,833	1,592
Gross profit
2,949	1,313	2,379	2,152	2,775	1,175	957	1,536	1,967	1,014	995	1,881	2,094	1,648	1,119	1,983	2,238	1,466	1,208	1,626	1,899	1,104	1,326	1,554	1,154	1,055	555	1,573	1,346	1,161	1,030	1,106	1,974	1,235	1,153	1,683	1,783	843	1,240
Operating Expenses
Wages
535	577	554	563	530	545	383	379	421	422	428	438	358	409	370	394	354	367	368	405	390	402	356	381	420	439	434	468	452	462	410	468	388	467	410	418	470	448	413
Administrative salaries and benefits
204	200	199	226	265	271	273	277	260	254	256	247	249	206	209	218	204	168	172	187	187	184	199	199	198	196	190	203	210	200	153	308	130	89	86	92	93	63	94
Advertising and promotion
65	26	38	42	52	58	3	2	4	2	2	3	9	3	5	2	9	4	4	9	16	3	4	5	22	4	2	10	6	9	10	17	26	28	21	18	37	12	23
Investor relations and transfer agent fee
18	28	17	27	16	25	33	37	35	40	37	36	37	34	32	44	19	25	21	42	35	41	63	54	48	53	52	58	56	53	58	54	59	63	50	61	25	24	25
Office and miscellaneous
39	42	94	73	46	64	75	78	29	47	84	70	34	54	67	112	35	100	94	72	41	63	131	62	109	225	201	214	118	132	167	105	99	137	92	156	97	155	94
Insurance
131	132	141	84	102	104	76	68	62	66	81	55	81	73	79	75	73	74	73	70	74	75	76	71	75	90	78	49	71	85	70	67	65	75	66	58	56	51	48
Interest expense
101	86	94	118	129	71	7	7	7	8	11	12	11	7	11	11	10	11	11	14	17	22	19	25	26	26	26	46	9	42	24	26	34	27	28	20	19	17	18
Lease expense
118	116	116	114	114	-	61	63	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consulting
67	-	39	-	64	-	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rent
-	-	-	-	-	-	-	-	61	57	62	65	55	48	23	24	21	31	31	31	32	31	37	50	49	52	47	45	45	45	44	43	47	48	47	44	44	42	42
Consulting
-	-	-	54	-	-	-	29	32	33	32	33	34	25	32	30	29	25	38	29	37	10	75	58	80	79	75	83	78	76	78	72	68	53	26	22	30	23	23
Professional fees
51	32	140	113	158	141	46	51	43	54	52	58	57	39	77	48	19	42	35	61	32	86	53	53	95	170	34	81	43	114	152	163	92	101	89	174	44	50	50
Travel
55	68	71	82	96	34	13	58	30	42	21	39	33	33	22	46	38	22	29	29	28	31	52	24	29	38	23	26	34	39	38	34	29	40	24	39	32	29	25
Telecommunications
11	11	11	11	11	11	8	6	6	6	5	7	6	6	6	7	4	10	7	8	8	7	7	8	7	7	8	8	6	7	7	8	6	8	8	9	8	8	8
Shipping
4	5	5	4	4	6	5	3	4	-	4	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shipping
-	-	-	-	-	-	-	-	-	-	-	-	3	4	2	6	3	5	4	4	4	7	5	6	11	7	3	6	7	9	12	7	9	10	8	8	8	7	10
Research
28	52	15	35	20	48	32	17	37	28	38	20	11	17	13	28	35	28	28	15	22	35	23	32	44	20	23	66	13	15	14	17	20	16	20	21	14	18	28
Commissions
2	37	7	11	19	-	11	-	-	52	5	13	40	1	5	4	55	49	2	32	38	7	42	6	63	26	10	46	39	11	42	36	76	35	6	30	66	10	35
Bad debt expense
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt expense
-	-	-	231	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	27	-	-	-0	-	-	-	0	-	-	-	0
Bad debt expense (recovery)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Bad debt expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Currency exchange
57	3	-9	-89	-92	331	-86	114	86	24	-47	-32	-9	6	14	7	-17	8	36	-0	11	54	16	-1	5	4	4	-4	-0	0	5	9	-6	12	12	-21	-12	-2	7
Utilities
4	4	2	4	3	3	4	4	4	5	4	4	6	5	3	5	3	8	4	4	10	13	8	12	30	32	21	38	29	35	34	30	34	39	21	12	41	22	25
Total operating expenses
1,382	1,534	1,559	1,888	1,728	1,247	1,156	970	955	1,108	1,177	1,145	1,042	963	948	1,053	938	969	894	1,021	966	973	1,140	1,056	1,309	1,476	1,232	1,491	1,225	1,342	1,317	1,452	1,194	1,230	997	1,213	1,105	989	961
Operating income
1,566	-221	819	263	1,046	-71	-198	565	1,011	-93	-182	735	1,051	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	780	5	155	469	678	-146	279
Gain on involuntary disposition (net of tax) (Note 7)
-	-	-	-	-	0	0	1,721	-7	-	-307	-326	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain of sale of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-	-	-	-	-	-	-	-	-	-
Income (loss) before other items and income tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	171	929	1,299	-	314	605	932	-	186	498	-155	-	-681	82	121	-	-287	-	-	-	-	-	-	-	-
Gain (loss) on sale of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	1	-	0	0	-18	-26	0	0	0	0	-	-	0	-	-	-	-	-	-	-	-	0	-	-
Gain (loss) on involuntary disposition (net of tax)
-	-	-	-	-	-	-	-	-	-	-	-	2,572	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write down of inventory
-	-	-	-	-	-	-	-	-	-102	0	0	51	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on investment
199	-18	82	28	230	-	5	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before other items and income tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-345	-	-	-	-	-	-	-
Income (loss) before income tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-345	-	-	-	-	-	-	-
Gain on sale of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2	-	0	-	-	-	-
Interest income
0	11	13	39	16	19	10	5	1	0	0	0	0	0	2	0	0	0	0	0	2	0	0	0	0	-	2	-	-	0	0	0	0	0	0	0	0	0	0
Income (loss) before income tax
-	-	-	-	-	-	-	-	-	-	-489	408	3,572	669	178	931	1,299	-	314	586	908	-	186	498	-155	-	-679	82	123	-	-286	-	-	-	-	-	-	-	-
Income before income tax
1,766	-225	915	331	1,293	-61	-182	2,293	1,005	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	469	678	-146	279
Income taxes
Income before income tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	782	-	155	469	-	-	-
Deferred income tax recovery
-	-476	0	0	-125	-	-	-	-	962	46	0	-23	303	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-10	-	-20	0	0	0	-
Income tax expense
434	-123	213	150	379	111	-37	157	301	458	-210	135	296	-38	92	370	558	14	77	268	404	314	8	98	0	-91	2	12	-58	265	171	120	570	798	-267	295	320	-9	413
Net income for the period including non-controlling interests
1,331	373	702	180	1,040	-272	-145	2,135	703	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net income attributable to non-controlling interests
67	-142	289	208	29	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to controlling interest
1,264	516	412	-27	1,011	-203	-145	2,135	703	-1,492	-278	273	3,252	404	85	561	741	444	237	318	504	-18	177	399	-155	2,368	-681	70	65	-383	-458	-465	222	-257	-92	174	358	-155	-133
Net income per share (basic)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-	-	-	0.00	-	-	-	0.02	-	-0.01	0.01	0.03	-0.01	-0.01
Net income per share (diluted)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-	-	-	0.00	-	-	-	0.02	-	-0.01	0.01	0.03	-0.01	-0.01
Income per share (basic and diluted)
0.10	0.04	0.03	0.00	0.09	-0.02	-0.01	0.18	0.06	-0.13	-0.02	0.02	0.28	-	0.01	0.05	0.06	0.03	0.02	0.02	0.04	-	0.01	0.03	-	-	-0.05	0.00	-	-	-0.02	-0.04	-	-	-	-	-	-	-
Weighted average number of common shares (basic)
12,237	12,199	12,108	11,769	11,705	11,638	11,630	11,630	11,620	11,520	11,498	11,465	11,458	11,451	11,434	11,427	11,543	13,178	13,177	13,169	13,169	13,169	13,169	13,169	13,169	-	-	-	13,169	-	13,169	13,169	13,169	13,151	13,169	13,169	13,596	13,962	13,962
Weighted average number of common shares (diluted)
12,300	12,196	12,277	12,052	11,816	11,831	11,794	11,791	11,847	11,740	11,769	11,752	11,638	11,701	11,694	11,577	11,566	13,355	13,220	13,427	13,224	12,885	13,220	13,169	13,404	-	-	-	13,404	-	13,169	13,169	13,403	13,513	13,507	13,294	13,596	13,962	13,962
Other comprehensive income (loss):
Net income for the period including non-controlling interests
1,331	373	702	180	1,040	-272	-145	2,135	703	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized (loss) gain on foreign currency translations
-98	126	-24	-56	182	-378	117	-186	-119	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total comprehensive income
1,232	500	677	124	1,222	-650	-28	1,949	584	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	305	186	39	10	196	-11	-77	-161	-350	78	-504	-234	-290	190	-262	-110	71	-129	-77	-	154	-	-	-	-	-	-	-	-
Total comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-113	-	-	-	-	-	-	-
Comprehensive income - non-controlling interest
67	-142	289	208	29	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income attributable to Flexible Solutions International Inc.
1,165	643	387	-83	1,193	-581	-28	1,949	584	-	26	460	3,292	392	282	572	664	283	-113	397	-0	-252	-112	590	-417	2,257	-610	-59	-11	-	-303	-579	-	-	-	-	-	-	-
Weighted average number of common shares (basic and diluted)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,169	13,169	-	-	-	-	-	-	-	-	-	-	-