Financial Snapshot

Revenue
$11.20M
TTM
Gross Margin
4.65%
TTM
Net Earnings
-$7.341M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
420.88%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$16.65M
Q4 2024
Cash
Q4 2024
P/E
-2.369
Nov 29, 2024 EST
Free Cash Flow
-$6.506M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $14.60M $18.00M $15.98M $18.27M $22.53M $32.64M $12.23M $11.34M $13.91M $15.81M $14.56M $12.83M $16.92M $21.19M $15.73M
YoY Change -18.87% 12.63% -12.54% -18.88% -30.98% 166.82% 7.84% -18.43% -12.05% 8.59% 13.49% -24.17% -20.15% 34.71%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $14.60M $18.00M $15.98M $18.27M $22.53M $32.64M $12.23M $11.34M $13.91M $15.81M $14.56M $12.83M $16.92M $21.19M $15.73M
Cost Of Revenue $14.35M $15.23M $15.42M $16.70M $20.38M $25.48M $11.17M $11.14M $12.47M $12.60M $12.46M $11.51M $14.22M $16.16M $12.05M
Gross Profit $250.9K $2.775M $567.1K $1.576M $2.147M $7.162M $1.066M $206.8K $1.432M $3.214M $2.097M $1.310M $2.700M $5.030M $3.670M
Gross Profit Margin 1.72% 15.42% 3.55% 8.63% 9.53% 21.95% 8.72% 1.82% 10.3% 20.33% 14.4% 10.21% 15.96% 23.74% 23.33%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Selling, General & Admin $8.387M $9.156M $9.372M $10.40M $9.123M $6.990M $4.891M $4.277M $6.162M $5.537M $6.380M $7.030M $5.860M $3.430M $3.230M
YoY Change -8.4% -2.31% -9.89% 14.0% 30.52% 42.93% 14.34% -30.59% 11.3% -13.22% -9.25% 19.97% 70.85% 6.19%
% of Gross Profit 3342.58% 329.88% 1652.46% 659.89% 425.0% 97.6% 458.72% 2068.75% 430.18% 172.24% 304.19% 536.64% 217.04% 68.19% 88.01%
Research & Development $1.352M $1.419M $1.836M $1.863M $1.278M $749.2K $661.0K $536.8K $626.1K $707.8K $336.1K $500.0K $740.0K $500.0K $420.0K
YoY Change -4.71% -22.72% -1.44% 45.71% 70.61% 13.35% 23.13% -14.26% -11.54% 110.63% -32.79% -32.43% 48.0% 19.05%
% of Gross Profit 538.87% 51.12% 323.71% 118.18% 59.55% 10.46% 62.0% 259.66% 43.71% 22.02% 16.02% 38.17% 27.41% 9.94% 11.44%
Depreciation & Amortization $2.161M $3.141M $2.586M $2.740M $2.827M $1.343M $648.7K $939.5K $1.378M $1.444M $1.631M $1.690M $1.520M $1.380M $1.150M
YoY Change -31.2% 21.46% -5.63% -3.08% 110.48% 107.06% -30.95% -31.84% -4.56% -11.43% -3.52% 11.18% 10.14% 20.0%
% of Gross Profit 861.22% 113.16% 455.95% 173.86% 131.71% 18.75% 60.85% 454.41% 96.22% 44.93% 77.75% 129.01% 56.3% 27.44% 31.34%
Operating Expenses $9.739M $10.57M $13.10M $12.26M $10.40M $7.739M $5.552M $4.814M $14.57M $6.614M $7.289M $7.540M $6.600M $3.940M $3.650M
YoY Change -7.9% -19.28% 6.83% 17.9% 34.4% 39.41% 15.32% -66.95% 120.25% -9.26% -3.33% 14.24% 67.51% 7.95%
Operating Profit -$9.488M -$7.799M -$12.53M -$10.69M -$8.255M -$577.1K -$4.486M -$4.607M -$13.13M -$3.399M -$5.192M -$6.230M -$3.900M $1.090M $20.00K
YoY Change 21.65% -37.78% 17.28% 29.46% 1330.39% -87.13% -2.64% -64.92% 286.38% -34.52% -16.67% 59.74% -457.8% 5350.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Interest Expense -$145.3K $368.3K $331.5K $120.9K $18.83K $71.78K $45.89K $38.95K $51.23K $53.38K -$240.0K -$40.00K -$150.0K -$190.0K
YoY Change -139.44% 11.09% 174.2% 542.04% -73.77% 56.43% 17.83% -23.98% -4.02% -122.24% 500.0% -73.33% -21.05%
% of Operating Profit -13.76% -950.0%
Other Income/Expense, Net -$896.2K -$978.3K -$1.873M -$502.7K -$2.018M $319.5K $305.6K -$170.9K -$64.15K $513.5K $406.5K $0.00
YoY Change -8.39% -47.76% 272.56% -75.1% -731.76% 4.56% -278.78% 166.41% -112.49% 26.33%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Pretax Income -$10.38M -$8.777M -$14.41M -$11.19M -$10.27M -$257.6K -$4.180M -$4.778M -$13.20M -$2.886M -$4.785M -$6.460M -$3.940M $1.360M -$170.0K
YoY Change 18.31% -39.07% 28.74% 8.92% 3887.6% -93.84% -12.52% -63.8% 357.34% -39.69% -25.93% 63.96% -389.71% -900.0%
Income Tax -$38.84K -$206.2K -$237.4K -$63.04K -$465.1K -$297.3K -$365.4K -$317.8K $3.220M -$697.8K -$1.703M -$1.610M -$1.170M $360.0K $150.0K
% Of Pretax Income 26.47%
Net Earnings -$10.35M -$8.571M -$14.17M -$11.13M -$9.808M $39.62K -$3.815M -$4.460M -$16.42M -$2.210M -$3.066M -$4.830M -$2.770M $920.0K -$10.00K
YoY Change 20.7% -39.51% 27.34% 13.44% -24858.58% -101.04% -14.48% -72.83% 642.97% -27.93% -36.52% 74.37% -401.09% -9300.0%
Net Earnings / Revenue -70.84% -47.61% -88.65% -60.89% -43.54% 0.12% -31.18% -39.32% -118.07% -13.98% -21.06% -37.65% -16.37% 4.34% -0.06%
Basic Earnings Per Share -$1.64 -$1.51 -$0.40 -$0.52 -$0.46 $0.00 -$0.24 -$0.11 -$0.45 -$0.06 -$0.09
Diluted Earnings Per Share -$1.51 -$0.40 -$515.9K -$0.46 $0.00 -$0.24 -$0.11 -$0.45 -$0.06 -$0.09 -$772.8K -$468.7K $228.9K -$1.337K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Cash & Short-Term Investments $9.481M $15.16M $15.36M $11.75M $7.070M $3.780M $2.490M $1.210M $1.370M $5.850M $4.880M $3.870M $1.030M $560.0K
YoY Change -37.45% -1.35% 30.75% 66.2% 87.04% 51.81% 105.79% -11.68% -76.58% 19.88% 26.1% 275.73% 83.93%
Cash & Equivalents $9.481M
Short-Term Investments
Other Short-Term Assets $1.279M $3.885M $3.418M $2.550M $2.970M $130.0K $30.00K $60.00K $470.0K $390.0K $110.0K $400.0K $320.0K $120.0K
YoY Change -67.09% 13.67% 34.04% -14.14% 2184.62% 333.33% -50.0% -87.23% 20.51% 254.55% -72.5% 25.0% 166.67%
Inventory $5.268M $4.062M $5.421M $5.520M $5.200M $4.430M $5.150M $5.820M $7.440M $6.090M $4.670M $4.330M $3.240M $1.890M
Prepaid Expenses
Receivables $6.063M $4.564M $3.864M $5.840M $9.050M $1.930M $1.120M $1.110M $3.190M $1.990M $2.340M $2.860M $5.300M $3.030M
Other Receivables $0.00 $0.00 $0.00 $0.00 $3.200M $1.100M $640.0K $310.0K $510.0K $350.0K $230.0K $370.0K $1.530M $520.0K
Total Short-Term Assets $22.09M $27.67M $28.07M $25.65M $27.49M $11.37M $9.430M $8.510M $12.98M $14.66M $12.24M $11.83M $11.42M $6.110M
YoY Change -20.16% -1.42% 9.42% -6.69% 141.78% 20.57% 10.81% -34.44% -11.46% 19.77% 3.47% 3.59% 86.91%
Property, Plant & Equipment $13.06M $11.57M $15.78M $15.27M $9.880M $1.430M $1.960M $2.630M $3.540M $4.520M $5.830M $6.650M $6.650M $6.420M
YoY Change 12.92% -26.71% 3.37% 54.55% 590.91% -27.04% -25.48% -25.71% -21.68% -22.47% -12.33% 0.0% 3.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.00K $10.00K $10.00K $20.00K $10.00K $10.00K $160.0K $10.00K $0.00
YoY Change 0.0% 0.0% -50.0% 100.0% 0.0% -93.75% 1500.0%
Other Assets $470.4K $450.0K $628.1K $550.0K $500.0K $350.0K $280.0K $260.0K $3.940M $3.760M $2.140M $260.0K $150.0K $40.00K
YoY Change 4.51% -28.35% 14.2% 10.0% 42.86% 25.0% 7.69% -93.4% 4.79% 75.7% 723.08% 73.33% 275.0%
Total Long-Term Assets $13.88M $12.46M $16.99M $16.56M $11.10M $1.790M $2.250M $2.900M $15.09M $16.77M $8.000M $7.210M $6.830M $6.550M
YoY Change 11.43% -26.67% 2.58% 49.19% 520.11% -20.44% -22.41% -80.78% -10.02% 109.63% 10.96% 5.56% 4.27%
Total Assets $35.97M $40.13M $45.05M $42.21M $38.59M $13.16M $11.68M $11.41M $28.07M $31.43M $20.24M $19.04M $18.25M $12.66M
YoY Change
Accounts Payable $2.445M $1.389M $1.647M $2.330M $4.340M $2.120M $1.780M $2.260M $3.460M $2.340M $1.590M $2.290M $3.030M $1.070M
YoY Change 75.96% -15.63% -29.33% -46.31% 104.72% 19.1% -21.24% -34.68% 47.86% 47.17% -30.57% -24.42% 183.18%
Accrued Expenses $4.082M $3.648M $5.532M $5.940M $4.220M $1.870M $1.720M $2.390M $1.440M $1.440M $1.440M $760.0K $1.380M $730.0K
YoY Change 11.88% -34.05% -6.87% 40.76% 125.67% 8.72% -28.03% 65.97% 0.0% 0.0% 89.47% -44.93% 89.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.260M $1.030M
YoY Change -100.0% 22.33%
Long-Term Debt Due $590.6K $399.2K $8.774M $390.0K $30.00K $10.00K $30.00K $60.00K $150.0K $170.0K $210.0K $200.0K $3.780M $260.0K
YoY Change 47.93% -95.45% 2149.7% 1200.0% 200.0% -66.67% -50.0% -60.0% -11.76% -19.05% 5.0% -94.71% 1353.85%
Total Short-Term Liabilities $7.500M $6.087M $16.87M $9.810M $10.33M $4.620M $4.770M $5.010M $5.340M $4.090M $4.550M $3.760M $9.540M $3.080M
YoY Change 23.22% -63.92% 71.94% -5.03% 123.59% -3.14% -4.79% -6.18% 30.56% -10.11% 21.01% -60.59% 209.74%
Long-Term Debt $7.568M $7.864M $8.687M $3.110M $170.0K $0.00 $0.00 $130.0K $170.0K $370.0K $550.0K $730.0K $1.300M $1.330M
YoY Change -3.77% -9.47% 179.31% 1729.41% -100.0% -23.53% -54.05% -32.73% -24.66% -43.85% -2.26%
Other Long-Term Liabilities $3.527M $2.711M $6.501M $4.160M $4.740M
YoY Change 30.11% -58.3% 56.27% -12.24%
Total Long-Term Liabilities $11.10M $10.58M $15.19M $7.270M $4.910M $0.00 $0.00 $130.0K $170.0K $370.0K $550.0K $730.0K $1.300M $1.330M
YoY Change 4.92% -30.37% 108.91% 48.07% -100.0% -23.53% -54.05% -32.73% -24.66% -43.85% -2.26%
Total Liabilities $18.70M $16.82M $32.28M $17.39M $15.58M $4.620M $4.770M $5.140M $5.510M $4.480M $5.130M $4.520M $11.53M $4.890M
YoY Change 11.18% -47.9% 85.62% 11.62% 237.23% -3.14% -7.2% -6.72% 22.99% -12.67% 13.5% -60.8% 135.79%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Basic Shares Outstanding 6.310M 5.688M 35.40M 21.57M 21.21M 19.65M 15.96M 41.60M 36.84M 36.79M 32.40M
Diluted Shares Outstanding 21.21M 19.67M 15.96M 41.60M 36.84M 36.79M 32.40M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $17.387 Million

About LIQTECH INTERNATIONAL INC

LiqTech International, Inc. is a clean technology company, which engages in the provision of gas and liquid purification products by manufacturing ceramic silicon carbide filters. The firm specializes in three main business areas: Water - cleaning water of suspended solids, oil & grease, germs & heavy metals, Ceramics - using silicon carbide membranes in diesel exhaust and liquid filtration products, and Plastics - plastic manufacturing. The firm focuses on water treatment systems through its subsidiary, LiqTech Water A/S, sells and develops silicon carbide membranes and diesel particulate filters through LiqTech Ceramics A/S, while LiqTech Plastics A/S, has a focus on plastic processing.

Industry: Misc Industrial & Commercial Machinery & Equipment Peers: