FLEXIBLE SOLUTIONS INTERNATIONAL INC FSI Income Statement

Flexible solutions international inc (FSI)

Income statement / TTM

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
27,398	27,440	28,319	24,732	22,099	17,829	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales
-	-	-	-	-	-	-	-	-	-	-	-	15,597	16,246	15,893	16,079	16,247	15,898	16,125	16,672	17,058	15,907	15,381	14,512	15,110	15,801	16,216	16,833	15,710	16,400	15,923	16,186	16,355	15,518	14,825	13,798	0	0	0
Cost of sales
18,603	18,819	19,837	17,672	15,654	12,192	9,517	8,933	9,173	9,508	10,119	9,843	8,752	9,256	9,085	9,181	9,705	9,696	10,285	10,715	11,173	10,767	10,286	10,192	10,771	11,271	11,585	11,722	11,066	11,127	10,577	10,717	10,309	9,663	9,362	8,246	0	0	0
Gross profit
8,794	8,620	8,482	7,060	6,445	5,636	5,476	5,513	5,858	5,985	6,618	6,743	6,844	6,989	6,808	6,897	6,541	6,202	5,839	5,957	5,885	5,140	5,090	4,319	4,338	4,530	4,636	5,110	4,644	5,272	5,346	5,469	6,046	5,855	5,463	5,551	0	0	0
Operating Expenses
Wages
2,230	2,225	2,193	2,023	1,838	1,729	1,607	1,651	1,710	1,647	1,634	1,576	1,532	1,528	1,486	1,484	1,495	1,532	1,567	1,554	1,530	1,560	1,597	1,676	1,762	1,795	1,818	1,794	1,794	1,729	1,734	1,734	1,684	1,767	1,747	1,750	0	0	0
Administrative salaries and benefits
830	891	962	1,036	1,087	1,082	1,066	1,049	1,019	1,007	958	911	883	838	801	764	732	715	732	758	771	782	794	785	789	801	804	767	872	792	682	615	399	362	336	344	0	0	0
Advertising and promotion
172	159	191	156	116	68	12	11	13	18	19	22	21	21	21	20	27	34	33	34	29	36	37	35	40	25	29	38	44	63	82	92	94	105	89	91	0	0	0
Investor relations and transfer agent fee
92	90	86	103	113	132	148	151	150	152	145	141	148	131	122	111	110	125	141	183	195	208	220	209	213	221	221	226	222	224	234	226	233	200	162	137	0	0	0
Office and miscellaneous
250	257	279	260	264	247	231	240	232	238	244	226	268	269	315	342	302	308	271	308	298	366	528	599	751	760	667	632	523	504	509	435	486	484	502	504	0	0	0
Insurance
491	462	434	368	352	312	274	278	266	285	291	290	309	301	302	296	291	292	294	297	298	299	313	315	293	290	285	277	295	288	278	273	265	256	232	214	0	0	0
Interest expense
400	428	413	326	215	93	30	34	39	44	43	43	42	41	45	46	49	55	66	74	85	94	98	106	126	109	125	122	103	128	112	117	111	95	85	75	0	0	0
Lease expense
466	462	406	353	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consulting
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rent
-	-	-	-	-	-	-	-	247	241	232	192	151	117	101	109	117	127	127	133	151	169	190	200	195	191	185	182	180	182	184	186	187	184	179	174	0	0	0
Consulting
-	-	-	243	-	-	-	128	132	133	126	126	123	119	119	125	124	131	116	153	182	225	293	293	318	316	314	317	306	296	273	221	171	133	103	100	0	0	0
Professional fees
337	444	553	460	398	282	196	201	208	222	207	232	222	184	188	146	159	172	216	233	225	287	372	353	382	330	274	392	474	523	510	447	458	410	359	320	0	0	0
Travel
277	318	285	227	204	137	145	153	133	137	128	128	135	140	129	136	119	109	118	141	137	138	145	116	118	123	124	139	147	142	142	128	133	136	126	127	0	0	0
Telecommunications
45	44	44	41	37	32	28	25	25	26	25	25	26	24	28	29	30	34	31	32	32	31	30	30	31	31	31	31	30	30	31	32	33	35	35	36	0	0	0
Shipping
18	18	20	20	20	19	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shipping
-	-	-	-	-	-	-	-	-	-	-	-	16	16	18	20	19	20	21	22	23	30	30	29	29	25	27	36	37	39	39	35	36	35	32	33	0	0	0
Research
132	123	119	136	118	135	115	121	124	98	87	62	70	95	106	120	108	95	102	96	113	134	120	120	155	123	119	110	61	68	69	75	79	73	75	83	0	0	0
Commissions
58	76	50	0	0	-	0	-	-	112	61	61	51	66	114	111	139	122	81	121	96	121	139	107	147	122	108	140	129	166	190	154	149	139	114	142	0	0	0
Bad debt expense
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt expense
-	-	-	0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	-	-	-	0	-	-	-	0
Bad debt expense (recovery)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Bad debt expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Currency exchange
-37	-187	140	63	267	445	138	177	30	-64	-82	-20	19	10	11	33	26	55	102	82	81	75	25	13	10	4	0	1	15	9	21	28	-2	-9	-24	-29	0	0	0
Utilities
16	15	14	15	15	16	18	18	18	21	21	20	20	17	20	22	21	28	33	36	44	65	84	97	124	122	125	138	129	134	139	125	107	114	97	101	0	0	0
Total operating expenses
6,366	6,712	6,425	6,021	5,103	4,329	4,191	4,212	4,387	4,474	4,328	4,099	4,007	3,904	3,910	3,855	3,824	3,851	3,855	4,101	4,136	4,479	4,982	5,074	5,509	5,424	5,290	5,375	5,337	5,306	5,194	4,874	4,635	4,546	4,306	4,270	0	0	0
Operating income
2,427	1,907	2,057	1,039	1,342	1,307	1,285	1,301	1,471	1,511	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,410	1,308	1,156	1,281	0	0	0
Gain on involuntary disposition (net of tax) (Note 7)
-	-	-	-	-	1,714	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain of sale of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Income (loss) before other items and income tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-
Gain (loss) on sale of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-45	-45	-45	-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
-	-	-	-	-	-	-	-	-	-51	51	51	51	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on investment
292	323	347	0	0	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before other items and income tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Income (loss) before income tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Gain on sale of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-
Interest income
64	80	88	85	51	36	18	7	2	0	0	2	2	2	2	0	0	2	2	2	2	0	2	0	0	-	0	-	-	0	0	0	0	0	0	0	0	0	0
Income (loss) before income tax
-	-	-	-	-	-	-	-	-	-	4,162	4,829	5,352	3,079	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-
Income before income tax
2,787	2,314	2,479	1,380	3,342	3,054	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,281	0	0	0
Income taxes
Income before income tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	-
Deferred income tax recovery
-	-602	0	0	0	-	-	-	-	985	327	280	280	303	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-20	0	0	0	-
Income tax expense
675	619	854	603	610	533	880	707	685	680	183	486	721	982	1,035	1,020	918	765	1,064	996	826	422	16	9	-76	-134	221	390	498	1,126	1,659	1,220	1,395	1,145	338	1,018	0	0	0
Net income for the period including non-controlling interests
2,588	2,297	1,650	803	2,758	2,421	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net income attributable to non-controlling interests
422	384	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to controlling interest
2,165	1,912	1,191	634	2,797	2,490	1,201	1,068	-794	1,754	3,651	4,016	4,304	1,793	1,833	1,984	1,742	1,504	1,042	982	1,063	403	2,789	1,930	1,600	1,821	-929	-705	-1,241	-1,084	-958	-593	47	182	285	243	0	0	0
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
2,588	2,297	1,650	803	2,758	2,421	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized (loss) gain on foreign currency translations
-53	227	-276	-134	-265	-566	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total comprehensive income
2,535	2,525	1,374	668	2,493	1,855	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	542	433	235	118	-53	-600	-510	-938	-1,011	-951	-838	-596	-472	-110	-431	-246	19	0	0	-	0	-	-	-	-	-	-	-	-
Total comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Comprehensive income - non-controlling interest
422	384	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income attributable to Flexible Solutions International Inc.
2,112	2,140	914	499	2,532	1,923	0	0	0	-	4,171	4,427	4,539	1,911	1,803	1,407	1,231	566	30	30	224	-192	2,317	1,819	1,169	1,575	-985	-954	0	-	0	0	-	-	-	-	-	-	-
Weighted average number of common shares (basic and diluted)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,169	13,169	-	-	-	-	-	-	-	-	-	-	-