Canada's Flexible Solutions Q1 revenue rises on new food grade contract

Flexible Solutions International

21/04/2026 14:11

Overview

Canada biodegradable polymer maker's Q1 revenue rose 11% yr/yr to $8.3 mln

Revenue growth driven by new food grade contract, offsetting weakness in legacy products

Company expects Q2-Q4 2026 to be much stronger than Q1

Outlook

Company anticipates Q2, Q3 and Q4 2026 will be much stronger than Q1

Result Drivers

FOOD GRADE CONTRACT - New revenue from an August 2025 food grade contract offset weakness in legacy products, per CEO Dan O’Brien

Company press release: ID:nGNX76CGjF

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$8.3 mln
$12.63 mln (2 Analysts)

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 $11.50, about 69.9% above its April 20 closing price of $6.77

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 13 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.)