Canada's Flexible Solutions Q1 revenue rises on division strength

Flexible Solutions International

15/05/2026 21:40

Overview

Canada biodegradable polymers maker's Q1 revenue rose 11% yr/yr, net loss narrowed

Q1 operating cash flow improved, driven by NanoChem division and ENP subsidiary

Company expects new contract revenue to be evident in Q2 results

Outlook

Company expects new revenue from the January 2025 contract to be evident in Q2 results

Result Drivers

NANOCHEM AND ENP - Company said NanoChem division and ENP subsidiary continued to be main sources of revenue and cash flow

EXPANSION COSTS - Co said results were affected by significant expansion costs to earn large new contracts and build new factory in Panama

Company press release: ID:nGNX5bMqnw

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Basic EPS
-$0.02


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialty chemicals peer group is "buy."

Wall Street's median 12-month price target for Flexible Solutions International Inc is $10.25, about 59.9% above its May 14 closing price of $6.41

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 12 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)