FSI ANNOUNCES THIRD QUARTER, 2023 FINANCIAL RESULTS - Seite 2
The above information and following table contain supplemental information regarding income and cash flow from operations for the period ended September 30, 2023. Adjustments to exclude depreciation, stock option expenses and one time charges are given. This financial information is a Non-GAAP financial measure as defined by SEC regulation G. The GAAP financial measure most directly comparable is net income.
The reconciliation of each Non-GAAP financial measure is as follows:
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FLEXIBLE SOLUTIONS INTERNATIONAL, INC.
Consolidated Statement of Operations
For The Three Months Ended September 30 and Nine Months Operating Cash Flow
(Unaudited)
Consolidated Statement of Operations Three Months Ended September 30 |
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2023 | 2022 | |||||||
Revenue | $ | 8,720,621 | $ | 11,685,107 | ||||
Income (loss) before income tax – GAAP | $ | (284,039 | ) | $ | 1,669,992 | |||
Provision for Income tax – net - GAAP | $ | (219,712 | ) | $ | (349,181 | ) | ||
Net income (loss) - controlling interest - GAAP | $ | (718,161 | ) | $ | 1,108,131 | |||
Net income (loss) per common share – basic. – GAAP | $ | (0.06 | ) | $ | 0.09 | |||
3 month weighted average shares used in computing per share amounts – basic.- GAAP | 12,435,532 | 12,384,746 | ||||||
Operating Cash Flow |
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