Flexible Solutions International, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | — | $7.6M | $5.0M | — | $5.7M | $3.5M | $3.6M | $7.9M |
| Accounts Receivable | $12.6M | $11.7M | $9.8M | $9.4M | $7.1M | $5.9M | $4.5M | $4.4M |
| Inventory | $10.5M | $10.9M | $11.1M | $14.4M | $9.5M | $8.4M | $9.2M | $8.7M |
| Total Current Assets | $32.9M | $34.6M | $30.2M | $31.0M | $23.8M | $19.0M | $17.5M | $21.2M |
| Property, Plant & Equipment | $16.1M | $17.1M | $13.2M | $9.7M | $4.9M | $5.1M | $4.0M | $2.6M |
| Goodwill | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M |
| Intangible Assets (Excl. Goodwill) | $2.0M | $2.1M | $2.3M | $2.4M | $2.6M | $2.8M | $3.0M | $3.1M |
| Total Assets | $61.8M | $60.0M | $55.5M | $51.6M | $39.6M | $35.1M | $32.4M | $31.2M |
| Liabilities | ||||||||
| Accounts Payable | $2.2M | $2.0M | $2.0M | $873.9K | $1.3M | $558.1K | $636.3K | $860.8K |
| Total Current Liabilities | $10.8M | $11.9M | $10.1M | $10.3M | $9.8M | $7.9M | $6.8M | $6.1M |
| Long-Term Debt | $4.0M | $6.6M | $6.8M | $5.4M | $1.6M | $3.0M | $3.2M | $3.6M |
| Total Liabilities | $19.0M | $18.6M | $17.2M | $16.3M | $11.8M | $11.3M | $11.9M | $11.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $19.3M | $19.8M | $18.1M | $15.9M | $8.9M | $5.4M | $2.5M | $2.9M |
| Total Stockholders' Equity | $38.9M | $38.0M | $35.2M | $32.6M | $25.1M | $21.2M | $17.9M | $17.1M |