EX-99
2
form8k202ex9914-19.txt





                                  EXHIBIT 99.1







NEWS RELEASE
April 1, 2019


                 FSI ANNOUNCES Full Year, 2018 FINANCIAL RESULTS
                  Conference call scheduled for Tuesday April
                        2nd, 2019, 11:00am Eastern time,
                               8:00am Pacific Time
                            See dial in number below

VICTORIA,  BRITISH COLUMBIA,  April 1, 2019 - FLEXIBLE SOLUTIONS  INTERNATIONAL,
INC. (NYSE Amex:  FSI,  FRANKFURT:  FXT), is the developer and  manufacturer  of
biodegradable  polymers  for oil  extraction,  detergent  ingredients  and water
treatment as well as crop nutrient  availability  chemistry.  Flexible Solutions
also  manufactures  biodegradable  and  environmentally  safe  water and  energy
conservation technologies. Today the Company announces financial results for the
full year ended December 31, 2018.

Mr. Daniel B.  O'Brien,  CEO,  states,  "We are pleased with the revenue for the
quarter and the year.  Even after allowing for  discontinued  Ecosavr  business,
2018 year ended very  positively.  We will do our best to continue the growth in
2019. The  accounting  treatment for cleanup after the fire makes the financials
very  confusing  and we caution that the effects of the fire will show up in our
financials  for  several  more  quarters - at least  until the end of 2019." Mr.
O'Brien continues,  "There were also raw material price increases in the quarter
that affected  margins and profits.  We will move topass these costs on over the
next several months."

     o    Sales for the full year, 2018 were up approximately 15% to $17,829,518
          when compared to sales of $15,494,325 for full year,  2017. The result
          was an after tax GAAP  accounting net income of  $2,490,268,  or $0.21
          per  weighted  average  share for 2018,  compared to an after tax GAAP
          accounting  net income of  $1,754,741,  or $0.15 per weighted  average
          share  for  full  year  2017.  Note:  Both  2017  and  2018  financial
          statements  include a significant  insurance payout as a result of the
          fire  at  the  Taber,   Alberta  factory  (see  "Gain  on  involuntary
          disposition").   This  insurance  payout  will  make  year  over  year
          financial  comparisons difficult in the short term. o o Basic weighted
          average  shares used in computing  earnings per share  amounts for the
          full year were: 11,630,136 and 11,485,580 for full year, 2018 and full
          year, 2017 respectively.

     o    Non-GAAP  operating cash flow:  For the 12 months ending  December 31,
          2018, net income reflects  $453,753 of non-cash charges  (depreciation
          and stock option expenses), as well as gain (loss) on disposition (and
          involuntary  disposition)  of  equipment,  interest  income,  loss  on
          investment, write down of inventory,  deferred tax expense, and income
          tax.  These  items are items  not  related  to  operating  or  current
          operating activities.  When these items are removed, the Company shows
          operating cash flow of $1,829,328,  or $0.16 per share.  This compares
          with  operating cash flow of  $1,914,148,  or $0.17 per share,  in the
          corresponding  12  months  of 2017 (see the  table  that  follows  for
          details of these calculations).

The NanoChem  division  continues to be the dominant  source of revenue and cash
flow for the Company. New opportunities  continue to unfold in detergent,  water
treatment,  oil field  extraction and agricultural use to further increase sales
in this  division.  In past  years the  NanoChem  division  sales have been less
volatile  quarter over quarter,  however due to increasing sales to agriculture,
revenue seasonality may become larger.

*  a conference call has been scheduled for 11:00 am Eastern Time, 8:00 am
   Pacific Time, on Tuesday April 2, 2019.

CEO, Dan O'Brien will be presenting  and answering  questions on the  conference
call. To participate in this call please dial 1-888-256-1007 (or 1-323-994-2093)
just prior to the scheduled  call time. The  conference  call title,  "Full Year
2018 Financial Results," may be requested.

The above  information  and  following  table contain  supplemental  information
regarding  income and cash flow from  operations  for the periods ended December
31, 2017 and 2018.  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 of the
Non-GAAP financial measures is as follows:


                                       3


                               FLEXIBLE SOLUTIONS INTERNATIONAL, INC.
                      Consolidated Statement of Operations
       For 12 Months Ended December 31 (12 Months Operating Cash Flow unaudited)
--------------------------------------------------------------------------------

                                                   3 and 12 month revenue ended
                                                             Dec. 31
                                                       2018           2017
                                                 -------------------------------
3 month                                                  3 month revenue
-------
                                                  ------------------------------
Revenue NON-GAAP                                  $   5,674,167  $   2,838,865


                                                  ------------------------------

                                                         12 month revenue
                                                 -------------------------------
12 month
Revenue GAAP                                      $ 17,829,518   $ 15,494,325
Net income (loss) GAAP                            $  2,490,268 a $  1,754,741 a
Net income (loss) per share GAAP                  $       0.21 a $       0.15 a

--------------------------------------------------------------------------------

12 month weighted average shares used in             11,630,136     11,485,580
computing per share amounts - basic GAAP
                                                  ------------------------------
                                                   12 month Operating Cash Flow
The following calculations begin with: Net                ended Dec. 31
income (loss). GAAP
                                                  ------------------------------

Operating cash flow (12 month). NON-GAAP.         $  1,829,328 b $ 1,914,148 b

Operating Cash flow per share (12 months) -       $       0.16 b $      0.17 b
basic. NON-GAAP
Net Non-cash Adjustments (as per Consolidated     $    453,753 c $   402,708 c
Statement of Cash Flow - 12 month) - NON-GAAP

12 month basic weighted average shares used in      11,630,136    11,485,580
computing per share amounts - basic. GAAP
--------------------------------------------------------------------------------

Notes:  certain  items not  related to  "operations"  of the  Company  have been
excluded from net income as follows.

a)   Non-GAAP - there were a significant insurance payouts in both 2017 and 2018
     as a  result  of the  fire at the  Taber,  Alberta  factory  (see  "Gain on
     involuntary disposition").

b)   Non-GAAP - amounts exclude  certain cash and non-cash  items:  Depreciation
     and stock option expense (2018 = $453,753, 2017 = $402,708), Gain/(loss) on
     the Involuntary disposition (or sale) of equipment (2018 = $1,714,261, 2017
     =  $2,043,614),  Write  down of  inventory  (2018 = N/A,  2017 =  $51,346),
     Interest income (2018 = $36,843,  2017 = $913),  Loss on investment (2018 =
     $3,281,  2017 = $84,066),  Deferred  tax expense  (2018 = $100,000,  2017 =
     $985,495),  and  Income tax (2018 =  $533,130,  2017 =  $680,319).  See the
     financial statements for all adjustments.

c)   Non-GAAP - amounts represent  depreciation and stock compensation  expense.
     Safe Harbor Provision The Private Securities  Litigation Reform Act of 1995
     provides a "Safe  Harbor" for  forward-looking  statements.  Certain of the
     statements  contained  herein,  which are not historical facts, are forward
     looking  statement with respect to events,  the occurrence of which involve
     risks and uncertainties.  These forward-looking statements may be impacted,
     either positively or negatively, by various factors. Information concerning
     potential  factors that could  affect the company is detailed  from time to
     time in the  company's  reports  filed  with the  Securities  and  Exchange
     Commission.

                        Flexible Solutions International
                  6001 54th Ave, Taber, Alberta, CANADA T1G 1X4

                                                                     Jason Bloom

                                                         Toll Free: 800 661 3560
                                                              Fax: 250 477 9912
                                              E-mail: info@flexiblesolutions.com

If you have  received  this news  release  by mistake or if you would like to be
removed from our update list please reply to: info@flexiblesolutions.com To find
out more  information  about Flexible  Solutions and our products,  please visit
www.flexiblesolutions.com.


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