Flexible Solutions International Inc (AMEX:FSI)
$ 1.84 -0.05 (-2.65%) Market Cap: 22.91 Mil Enterprise Value: 26.45 Mil PE Ratio: 10.22 PB Ratio: 0.64 GF Score: 91/100

Q1 2023 Flexible Solutions International Inc Earnings Call Transcript

May 16, 2023 / 03:00PM GMT
Release Date Price: $2.87 (+0.70%)
Operator

Good day, everyone, and welcome to today's Flexible Solutions International First Quarter 2023 Financials Conference Call. (Operator Instructions) It's now my pleasure to turn the conference over to Mr. Dan O'Brien. Please go ahead.

Daniel B. Oâ;Brien
Flexible Solutions International, Inc. - President, CEO, Principal Financial & Accounting Officer and Director

Thanks, James. Good morning, everybody. I'm Dan O'Brien, CEO of Flexible Solutions.

Safe harbor provision. The Private Securities Litigation Reform Act of 1995 provides (technical difficulty) filed with the Securities and Exchange Commission.

Welcome to the FSI conference call for first quarter 2023. I'd like to speak first regarding our company condition and our product lines, along with what we think might occur in Q2 and Q3 2023. Afterwards, I will comment on our financials.

NanoChem division. NCS represents approximately 70% of FSI's revenue. This division makes thermal polyaspartic acid, called TPA for short, a biodegradable polymer with many valuable

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