LiqTech International, Inc. logo

LiqTech International, Inc.

LIQT

NASDAQIndustrialsIndustrial - Pollution & Treatment Controls

Previous close

$0.575

+$0.0212 · +3.83%

Aug 21, 4:00 PM ET

LIQT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

60

Fair Value

Momentum

17

Strong Down

Sentiment

53

Mixed

Risk resilience

28

High Risk

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Company profile

Company website

LiqTech International, Inc. operates as a global clean technology enterprise, dedicated to the innovation, manufacturing, marketing, and distribution of sophisticated filtration and purification solutions. The company's reach extends across the United States, Canada, Europe, Asia, and South America, serving a diverse industrial client base. LiqTech organizes its operations into three primary divisions: Water, Ceramics, and Plastics. Within its Water segment, the company develops and supplies advanced liquid filtration systems. These systems cater to a wide array of applications, including marine exhaust gas scrubbers, the treatment of produced water, pre-filtration processes for reverse osmosis (both for potable water and seawater desalination), general industrial uses, clean drinking water production, pool and spa maintenance, food and beverage processing, filter presses, and UV disinfection systems. The Ceramics segment focuses on silicon carbide ceramic filtration technologies for purifying both liquid and gas streams. Additionally, this division manufactures diesel particulate filters, which are essential for controlling exhaust emissions in both the verified retrofit market and for original equipment manufacturers. Lastly, the Plastics segment is responsible for producing custom machined and welded plastic components. LiqTech International, Inc. engages with its predominantly industrial customers through a variety of channels, including direct sales, systems integrators, distributors, agents, and strategic partners. Established in 2000 and headquartered in Ballerup, Denmark, the company adopted its current name in October 2011, having previously operated as Blue Moose Media, Inc.

Industry
Industrial - Pollution & Treatment Controls
Sector
Industrials
Headquarters
DK
CEO
Fei Chen
Listed since
Aug 31, 2011
Employees
92

Market position

Day range

Current $0.575

52-week range

Current $0.575

Open
$0.5601
Previous close
$0.5538
Volume
51.94K
0.16× average
Average volume
331.13K
Average daily volume
Market cap
5.71M USD
Beta
1.09
Market reference 1
50-day average
$0.7234
-20.51% below average
200-day average
$1.5152
-62.05% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
26.25M USD
P/E (TTM)
-0.68×
P/B (TTM)
0.46×
P/S (TTM)
0.37×
EV / EBITDA
-4.38×
Earnings yield
-60.75%
Free cash flow yield
-46.33%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
9.07%
Operating margin
-55.87%
Net margin
-63.18%
Return on equity
-81.74%
Return on assets
-31.26%
Return on invested capital
-34.62%

Financial health

Debt / equity
0.22×
Current ratio
3.38×
Altman Z-score
-3.11
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends26%-16%-57%-99%Gross margin, FY2021: 8.63%Gross margin, FY2022: 3.55%Gross margin, FY2023: 15.42%Gross margin, FY2024: 1.72%Gross margin, FY2025: 7.58%Operating margin, FY2021: -58.49%Operating margin, FY2022: -78.42%Operating margin, FY2023: -43.32%Operating margin, FY2024: -64.96%Operating margin, FY2025: -50.33%Net margin, FY2021: -60.89%Net margin, FY2022: -88.65%Net margin, FY2023: -47.61%Net margin, FY2024: -70.84%Net margin, FY2025: -51.66%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 8.63%. Gross margin FY2022 3.55%. Gross margin FY2023 15.42%. Gross margin FY2024 1.72%. Gross margin FY2025 7.58%. Operating margin FY2021 -58.49%. Operating margin FY2022 -78.42%. Operating margin FY2023 -43.32%. Operating margin FY2024 -64.96%. Operating margin FY2025 -50.33%. Net margin FY2021 -60.89%. Net margin FY2022 -88.65%. Net margin FY2023 -47.61%. Net margin FY2024 -70.84%. Net margin FY2025 -51.66%.

Income trends

Revenue

16.51M USD+13.03%

Operating income

−8.31M USD+12.43%

Net income

−8.53M USD+17.57%
Income trends across reported periods21.52M USD8.54M USD−4.44M USD−17.41M USDRevenue, FY2021: 18.27M USDRevenue, FY2022: 15.98M USDRevenue, FY2023: 18M USDRevenue, FY2024: 14.6M USDRevenue, FY2025: 16.51M USDOperating income, FY2021: −10.69M USDOperating income, FY2022: −12.53M USDOperating income, FY2023: −7.8M USDOperating income, FY2024: −9.49M USDOperating income, FY2025: −8.31M USDNet income, FY2021: −11.13M USDNet income, FY2022: −14.17M USDNet income, FY2023: −8.57M USDNet income, FY2024: −10.35M USDNet income, FY2025: −8.53M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 18.27M USD. Revenue FY2022 15.98M USD. Revenue FY2023 18M USD. Revenue FY2024 14.6M USD. Revenue FY2025 16.51M USD. Operating income FY2021 −10.69M USD. Operating income FY2022 −12.53M USD. Operating income FY2023 −7.8M USD. Operating income FY2024 −9.49M USD. Operating income FY2025 −8.31M USD. Net income FY2021 −11.13M USD. Net income FY2022 −14.17M USD. Net income FY2023 −8.57M USD. Net income FY2024 −10.35M USD. Net income FY2025 −8.53M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue16.51M USD14.6M USD18M USD15.98M USD18.27M USD
Cost of goods sold15.26M USD14.35M USD15.23M USD15.42M USD16.7M USD
Gross profit1.25M USD250.91K USD2.78M USD567.14K USD1.58M USD
Research and development1.16M USD1.35M USD1.42M USD1.84M USD1.86M USD
Selling, general, and administrative8.4M USD8.39M USD9.16M USD9.37M USD10.4M USD
Operating expenses9.56M USD9.74M USD10.57M USD13.1M USD12.26M USD
Interest income445.5K USD178.83K USD366.37K USD384.06K USD371.47K USD
Interest expense315.46K USD167.56K USD151.67K USD419.94K USD708.18K USD
Depreciation and amortization2.3M USD2.74M USD3.14M USD2.59M USD2.74M USD
Operating income−8.31M USD−9.49M USD−7.8M USD−12.53M USD−10.69M USD
Net income−8.53M USD−10.35M USD−8.57M USD−14.17M USD−11.13M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
18%
2 beats, 9 misses, 0 met estimates
Average EPS surprise
-28.53%
11 comparable reports
Latest EPS result
-0.14
Estimate -0.19 · Beat by 26.32%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.12-0.22-0.33-0.43Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 28, 2025: actual -0.39, estimate -0.37, surprise -5.41%, Miss. Q2 2025, reported May 14, 2025: actual -0.25, estimate -0.18, surprise -38.89%, Miss. Q3 2025, reported Aug 13, 2025: actual -0.22, estimate -0.21, surprise -4.76%, Miss. Q4 2025, reported Nov 13, 2025: actual -0.15, estimate -0.17, surprise +11.76%, Beat. Q1 2026, reported Feb 27, 2026: actual -0.27, estimate -0.17, surprise -58.82%, Miss. Q2 2026, reported May 13, 2026: actual -0.28, estimate -0.21, surprise -33.33%, Miss. Q3 2026, reported Aug 12, 2026: actual -0.14, estimate -0.19, surprise +26.32%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate -0.14, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates6.24M5.11M3.99M2.86MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 28, 2025: actual 3.41M USD, estimate 4.5M USD, surprise -24.31%, Miss. Q2 2025, reported May 14, 2025: actual 4.62M USD, estimate 4.5M USD, surprise +2.62%, Beat. Q3 2025, reported Aug 13, 2025: actual 4.96M USD, estimate 4M USD, surprise +23.94%, Beat. Q4 2025, reported Nov 13, 2025: actual 3.81M USD, estimate 4M USD, surprise -4.82%, Miss. Q1 2026, reported Feb 27, 2026: actual 3.1M USD, estimate 5.2M USD, surprise -40.38%, Miss. Q2 2026, reported May 13, 2026: actual 4.14M USD, estimate 4.5M USD, surprise -8.08%, Miss. Q3 2026, reported Aug 12, 2026: actual 4.36M USD, estimate 6M USD, surprise -27.27%, Miss. Q4 2026, reported Nov 12, 2026: actual —, estimate 6M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$9.00

1465.22% upside
Past 12 months12-month forecastHigh $9.00Average $9.00Low $9.00

Rating distribution

5 ratings
Strong buy00%
Buy480%
Hold120%
Sell00%
Strong sell00%

Recent analyst actions

1 institution

LIQT news

Corporate actions

Corporate action history

Stock split

Effective May 26, 2023

1:8

Stock split

Effective Apr 9, 2019

1:4

LIQT peers

ETFs holding LIQT

Funds reporting this stock among their holdings, ordered by reported position size.

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