LiqTech International (LIQT) AI Stock Analysis

• Market Cap: $22.02M
• Dividend Yield: N/A
• Average Volume (3M): 22.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.00
• Revenue Growth: -12.76%
• EPS Growth: 15.23%
• Country: US
• Employees: 105
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): -0.22
• Shares Outstanding: 9,614,043
• 10 Day Avg. Volume: 29,925
• 30 Day Avg. Volume: 22,265
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.91
• Enterprise Value/Revenue: 1.34
• Enterprise Value/Gross Profit: 192.66
• Enterprise Value/Ebitda: -2.66
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: $2.50 ▲(4.60% Upside)

LiqTech International's overall stock score is primarily impacted by its weak financial performance, characterized by persistent losses and cash flow issues. While the earnings call provided some positive revenue growth outlook, the company's valuation remains unattractive due to a negative P/E ratio. Technical indicators show a neutral trend, offering little support to the stock's attractiveness.

Positive Factors

Revenue Growth

LiqTech's revenue growth indicates effective market penetration and product demand, enhancing its long-term financial stability and market position.

Strategic Partnerships

The new service center strengthens LiqTech's U.S. presence and service capabilities, supporting long-term growth and customer satisfaction.

Market Expansion

New projects and orders indicate successful market expansion and diversification, potentially boosting future revenue streams and market share.

Negative Factors

Persistent Losses

Continuous losses and negative margins highlight operational inefficiencies, posing a risk to long-term profitability and financial health.

Cash Flow Issues

Negative cash flows constrain LiqTech's ability to invest in growth opportunities and may affect its financial flexibility and sustainability.

Reduced Gross Margins

Declining gross margins suggest cost management challenges, which could impact profitability and competitiveness if not addressed.

LiqTech International Business Overview & Revenue Model

Company Description

LiqTech International (LIQT) is a leading provider of advanced filtration and purification technologies focused on the water and air treatment sectors. The company specializes in developing and manufacturing ceramic membranes and other filtration solutions that are utilized in various industries, including marine, industrial, and environmental applications. LiqTech's innovative products help in reducing environmental impact by efficiently removing contaminants and improving water quality.

How the Company Makes Money

LiqTech International generates revenue primarily through the sale of its ceramic membrane products and filtration systems. The company has established key revenue streams from both direct sales to end-users and partnerships with original equipment manufacturers (OEMs) who integrate LiqTech's technologies into their own systems. Additionally, LiqTech benefits from ongoing maintenance and service contracts, which provide a steady income stream. The company's strategic collaborations in various sectors, particularly in the marine industry and with environmental agencies, further enhance its market reach and revenue potential. Overall, LiqTech's innovative solutions and strong partnerships are critical factors contributing to its financial performance.

LiqTech International Financial Statement Overview

Summary

LiqTech International is facing significant financial challenges with declining revenues, persistent losses, and negative cash flows. The balance sheet shows moderate leverage, but decreasing equity and ongoing liquidity issues suggest underlying financial instability.

Income Statement

LiqTech International has faced declining revenue over recent years, with TTM revenue at $14.99M, down from $18.27M in 2021. The company is experiencing persistent losses, including a negative net income of $10.31M for the TTM. Gross profit margin remains low at 0.70%, and the net profit margin is significantly negative at -68.78%. These metrics highlight ongoing profitability challenges.

Balance Sheet

The balance sheet indicates moderate financial stability with a debt-to-equity ratio of 0.86, reflecting manageable leverage. However, stockholders' equity has decreased over time, now at $15.06M. The equity ratio stands at 46.23%, suggesting reasonable asset financing through equity. Despite these, declining equity levels pose a potential risk.

Cash Flow

Cash flow analysis shows a negative operating cash flow of $6.87M for the TTM, indicating liquidity struggles. The free cash flow is also negative at $8.02M, with a free cash flow to net income ratio of 0.78, illustrating inefficiencies in converting revenue to cash. Although financing activities have provided some cash inflow, the overall cash flow position is weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.99M	14.61M	18.00M	15.98M	18.27M	22.53M
Gross Profit	104.27K	250.91K	2.77M	567.14K	1.58M	2.15M
EBITDA	-7.54M	-7.48M	-5.08M	-11.40M	-7.74M	-7.33M
Net Income	-10.31M	-10.35M	-8.57M	-14.17M	-11.13M	-9.81M
Balance Sheet
Total Assets	32.57M	32.43M	35.97M	40.13M	45.05M	42.21M
Cash, Cash Equivalents and Short-Term Investments	10.45M	10.87M	9.48M	16.60M	15.36M	2.71M
Total Debt	12.99M	11.81M	12.22M	11.54M	24.46M	8.69M
Total Liabilities	17.50M	15.77M	18.70M	16.82M	32.28M	17.39M
Stockholders Equity	15.06M	16.65M	17.28M	23.31M	12.77M	24.82M
Cash Flow
Free Cash Flow	-8.02M	-8.90M	-7.08M	-13.73M	-8.34M	-6.41M
Operating Cash Flow	-6.87M	-7.53M	-4.18M	-12.04M	-7.20M	-2.60M
Investing Cash Flow	-1.09M	-424.04K	-2.89M	-1.69M	-1.45M	-4.01M
Financing Cash Flow	10.49M	8.49M	580.64K	13.70M	13.90M	7.22M

LiqTech International Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.39
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LIQT, the sentiment is Neutral. The current price of 2.39 is below the 20-day moving average (MA) of 2.64, above the 50-day MA of 2.37, and above the 200-day MA of 1.85, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 45.40 is Neutral, neither overbought nor oversold. The STOCH value of 25.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for LIQT.

LiqTech International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
CLWT	63 Neutral	$9.44M	12.93	―	―	-14.25%	-59.84%
CLIR	54 Neutral	$44.61M	―	-46.19%	―	19.03%	11.70%
FTEK	50 Neutral	$93.22M	―	-7.69%	―	-4.78%	-1359.72%
LIQT	48 Neutral	$22.02M	―	-78.97%	―	-12.76%	15.23%
TOMZ	43 Neutral	$18.19M	―	-94.24%	―	-12.72%	-36.80%
SCWO	39 Underperform	$63.08M	―	-160.82%	―	―	―

LiqTech International Corporate Events

LiqTech International Reports Strong Revenue Growth Amid Challenges

LiqTech International’s recent earnings call painted a picture of robust revenue growth and strategic successes across its various business segments, including swimming pools, ceramics, and plastics. The company expressed an optimistic outlook for the rest of the year, despite facing challenges such as reduced gross margins and decreased sales in certain areas, along with a continued net loss.

LiqTech International Reports Q2 2025 Financial Results

LiqTech International, Inc. is a clean technology company specializing in advanced filtration technologies, particularly using ceramic silicon carbide for gas and liquid purification, catering to challenging purification applications. In its second quarter of 2025, LiqTech reported a revenue increase to $5.0 million, marking an 11% rise from the previous year and a 7% sequential growth. Despite a net loss of $2.0 million, this was a slight improvement from the $2.1 million loss in the same quarter of 2024. The company also ended the quarter with a cash balance of $8.7 million.