Natalie. Thanks,
everyone. morning, Good
O'Brien, Flexible Dan CEO is Solutions. of This
are Securities time Act for statements of harbor herein, statements. provision. which provides with Reform risks Private The which contained the statements harbor Safe respect XXXX to are occurrence Litigation a of factors the Commission. positively historical to Securities is events, various factors. by and not forward-looking facts, Certain uncertainties. of forward-looking negatively company company's forward-looking the statements involve safe These in and the concerning time may that potential reports or detailed the affect be from impacted, either with could Information filed Exchange
along conference discuss comment might -- with Welcome FSI call to in to QX we think I'd our might XXXX. the remainder will and To I occur of condition XXXX. afterwards. like lines, what start, company the on we for product financials our our
of polyaspartic with for This represents N NanoChem revenue. fertilizer division are FSI's Savr NCS uses. XX, valuable many a thermal makes SUN short, reduce soil. also which NCS approximately XX division. loss nitrogen to manufactures and TPA called biodegradable XX% used acid, from polymer
started using dryer installed TPA slowing in longer soil, crystal the available for the ions other toll XXXX, fertilizer we and increase years. food-grade resulting agriculture ions use. remaining is the last It spray several to the in acts fertilizer by In over used in significantly NCS yield. operations plant crop to growth the between
pipes And is of in a a Preventing chemical. keeps pipes clogging cleaning as water scale. from and a clogging. biodegradable scale biodegradable prevent TPA there's way recovery oil products, with TPA oilfield treating sold ingredient to water is treatment also the mineral from
soil attack that division, bacterial N XX evaporation from fertilizer is while our evaporation, version leaching. is enzymes conserve effective In be and nitrogen stability liquid used N soil as nitrogen SUN sold is that Savr lost aid. our a loss are conservation critical by Savr SUN can is runoff. to Nitrogen XX through TPA products. nitrogen bacterial a of food XX XX cause and breakdown, from reducing at special
products. Food
is we on we've in-house. had QX, food-grade fully one FDA This our based that quarter. weak the polyaspartates food the commercialized qualified, which plant Illinois product developed sales underwhelming Our product received to certification. contributed results for and in We've
the However, exceed will for full the has XXXX. orders full customer substantially their indicated year year
So is only in quarter. weakness the a probably single
additional final revenue NCS believe XXXX. X products increased We X received products that stages in at the quarter. least orders has the have will during purchase potential now at orders. of of for X-figure be in of were these Each a pipeline purchase We has development products. that
ENP division. while into golf revenue. represents sells most focused turf on ENP of NCS ENP is greenhouse, markets, the and other into agriculture. crop row sales our
growth ENP some with XXXX growth QX expect revenue concentrated We the in in and QX.
international different investment. to the profitable The will was investment LLC were countries, which on first LLC varied sales better QX, this in the Florida remainder respond issues The Our continue this for into ways. LLC is see of We much in in hope multiple and all for XXXX. margins of focused face and quarter. pleased
XXXX, of our in to on the again LLC a larger expect leading to profit the We grow investment. sales
of are are not States from United spending at prices the on increasing to in products inflation. inputs crop Agricultural rate when facing resistance growers the
international but sales will XXXX of most recognized think LLC. be and the to it growth the is probable, I in through Florida
continue is industrial likely gas QX, in to and TPA Oil, this sales stable and XXXX. throughout of was
in [indiscernible] are development. of received sure may products division grow further sales Food order are any the based on grow even our They to customers' schedule. for if
export with are tariffs to rebates negatively. though of included of available XX% are goods, for years and to well the a have materials tariff. dollar applications the cost amount cash our tariffs is not China extremely we've are our million of flow International Tariffs. customers recover raw ago. we our difficult initial are Since to quarter. from $X Rebates tariffs. than charged The obtain The our XXXX, applied several affecting imported due grows We entitled even total more back X profits each submitted in us to our excess and because them.
succeed we funds. until persevere will our We in recovering
are to of are times Shipping increasing COVID. the are be and and Raw than prices Shipping but area. to None or Shipping levels. stable routes materials Red historic to we Sea ship raw reverting inflation. material reasonable they Instead, do not through our higher inventory. appear on prior products stable the use. prices with
increases, possible. We've even we and and planning always last ones customers all the always not continue customers, X price small months raised this along months, is we're inflation-related if the several can. Passing to to over program prices takes
is for Progress issues the partly closing We our become operations year, have nearly and full this work the We've faced year, were costs lower the all benefits in made. in believe that resolved. QX evident revenue, we last and and of the flow cash sum the moving Naperville all action our The being streamlined by in Illinois taken Peru, facility exit which from lower profits lower will building. QX. R&D so to resulted QX,
toward the and to opportunities the and are food XXXX. been flow margins Some will have enough yet. sales, we and for resume Therefore, in positive, XXXX recover new but of market not been expect nutraceutical have proceeding profit year. revenue found growth in the rest the cash price in Several increases
financial costs in revenue in sales sales where Highlights in of in the to more areas year. We increasing businesses continue Even its wage and of ensure is during critical are over existing the to and of our industry all the for dollars. success food costs these expect XXXX base obtaining and course other spread more of our and this economize show incremental our the set stage subsidiaries QX will the all possible. FSI results. to and examine
share QX XXXX shows $X.X QX Sales QX to million $X.XX They a for the X% in $XXX,XXX XXXX. of Profits. compared to in profit share of $XXX,XXX decreased $X.XX a a to quarter. $X.X or 'XX. profit or million a compared
This our progress flow. useful for Operating clarity. noncash with non-GAAP cash items removed number to is show
For a debt. million QX share, was million in Long-term $X.XX share $X.XX down QX from XXXX. $X.XX or it XXXX, or $X.XX per
down continue debt We pay the the our according to to long-term terms of loans.
XXX,XXX of the large has Additional be tenants LLC rented a XXXX, we that factory Illinois. in on for XXX,XXX square operations of space are of Mendota, land XXX the feet in turn, when XX to square available invested second in an We've all that In feet Mendota, acquire XX,XXX building, Illinois. and determined quarter square to purchased our XX% building acres found. will use suitable feet for is division ENP remaining rental. moved The or this called
for can plans purposes. capital. Yards our credit We've adequate It's that execute Bank Working with ENP and the confident our got of existing capital. with our We're lines for we NCS all Stock subsidiaries.
The an or be available Bloom, can fax this text May copies www.sec.gov jason@flexiblesolutions.com. XX. from of speech be on X-K Jason Email will filing requested as by Friday,
Thank of floor is open for Natalie, how you. The the care that? you. questions. Thank details do take will to you of
