Symbols / LIQT Stock $2.16 -3.57% LiqTech International, Inc.

Industrials • Pollution & Treatment Controls • Denmark • NCM
LIQT (Stock) Chart
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About

LiqTech International, Inc., together with its subsidiaries, engages in the design, development, production, marketing, and sale of automated filtering solutions and systems in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It operates through three segments: Systems and Aftermarket; Filters and Membranes; and Components. The company offers silicon carbide ceramic filtration technologies for liquid and gas purification, including hybrid technology membranes and aqua solutions; and diesel particulate filters for exhaust emission control solutions under the LiqTech brand name. It also provides liquid filtration systems and solutions for pool and spa water, produced water, marine water treatment for dual fuel engine vessels, and industrial applications. In addition, the company is involved in plastics manufacturing comprising machining, welding, bending, and solvent cementing. It sells its products through direct sales, systems integrators, distributors, agents, and partners. The company was founded in 2000 and is headquartered in Ballerup, Denmark.

Stock Fundamentals
Scroll to Statements
Market Cap 21.49M Enterprise Value 30.50M Income -8.53M Sales 16.51M Book/sh 1.08 Cash/sh 0.51
Dividend Yield — Payout 0.00% Employees 92 IPO — P/E — Forward P/E -3.86
PEG 0.80 P/S 1.30 P/B 1.99 P/C — EV/EBITDA -4.61 EV/Sales 1.85
Quick Ratio 1.96 Current Ratio 3.38 Debt/Eq 128.74 LT Debt/Eq — EPS (ttm) -0.89 EPS next Y -0.56
EPS Growth — Revenue Growth -8.20% Earnings 2026-02-27 ROA -17.39% ROE -63.66% ROIC —
Gross Margin 7.58% Oper. Margin -85.77% Profit Margin -51.66% Shs Outstand 9.95M Shs Float 7.70M Short Float 1.44%
Short Ratio 0.94 Short Interest — 52W High 3.35 52W Low 1.22 Beta 1.10 Avg Volume 41.89K
Volume 4.76K Target Price $4.30 Recom None Prev Close $2.24 Price $2.16 Change -3.57%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.30
Mean price target
2. Current target
$2.16
Latest analyst target
3. DCF / Fair value
$-7.00
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.16
Low
$4.30
High
$4.30
Mean
$4.30

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-10 main Ascendiant Capital Buy → Buy $4
2025-11-20 main Ascendiant Capital Buy → Buy $4
2025-06-16 main Ascendiant Capital Buy → Buy $4
2025-04-07 reit Ascendiant Capital Buy → Buy $3
2024-11-25 main Ascendiant Capital Buy → Buy $3
2024-02-26 init Ascendiant Capital — → Buy $5
News
RSS: Latest LIQT news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-12-19 KOWALCZYK DAVID Chief Operating Officer — 94,368 $0.00 $0
2025-01-07 MEEUSEN RICHARD A Director — 29,294 $0.00 $0
2025-01-07 BUEHLER ALEXANDER J Director — 53,030 $0.00 $0
2025-01-07 BOSWELL PEYTON Director — 28,158 $0.00 $0
2025-01-07 CHEN FEI Chief Executive Officer — 201,335 $0.00 $0
2025-01-07 KUNZ MARTIN Director — 26,516 $0.00 $0
2024-05-06 PRICE PHILLIP MASSIE Chief Financial Officer — 13,748 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
16.51
+13.03%
14.60
-18.87%
18.00
+12.63%
15.98
Operating Revenue
16.51
+13.03%
14.60
-18.87%
18.00
+12.63%
15.98
Cost Of Revenue
15.26
+6.29%
14.35
-5.73%
15.23
-1.23%
15.42
Reconciled Cost Of Revenue
15.26
+6.29%
14.35
-5.73%
15.23
-1.23%
15.42
Gross Profit
1.25
+398.40%
0.25
-90.96%
2.78
+389.38%
0.57
Operating Expense
9.56
-1.84%
9.74
-7.90%
10.57
-5.65%
11.21
Research And Development
1.16
-13.93%
1.35
-4.71%
1.42
-22.72%
1.84
Selling General And Administration
8.40
+0.11%
8.39
-8.40%
9.16
-2.31%
9.37
Selling And Marketing Expense
2.72
-0.26%
2.73
-36.61%
4.30
+17.14%
3.67
General And Administrative Expense
5.68
+0.28%
5.66
+16.57%
4.86
-14.82%
5.70
Other Gand A
5.68
+0.28%
5.66
+16.57%
4.86
-14.82%
5.70
Total Expenses
24.82
+3.00%
24.09
-6.62%
25.80
-3.09%
26.62
Operating Income
-8.31
+12.43%
-9.49
-21.65%
-7.80
+26.70%
-10.64
Total Operating Income As Reported
-8.31
+12.43%
-9.49
-21.65%
-7.80
+37.78%
-12.53
EBITDA
-5.99
+19.92%
-7.48
-36.40%
-5.48
+51.89%
-11.40
Normalized EBITDA
-5.99
+16.64%
-7.19
-53.20%
-4.69
+53.35%
-10.06
Reconciled Depreciation
2.30
-16.01%
2.74
-12.91%
3.14
+21.46%
2.59
EBIT
-8.29
+18.88%
-10.22
-18.44%
-8.63
+38.33%
-13.99
Total Unusual Items
0.00
+100.77%
-0.29
+63.14%
-0.79
+40.93%
-1.34
Total Unusual Items Excluding Goodwill
0.00
+100.77%
-0.29
+63.14%
-0.79
+40.93%
-1.34
Special Income Charges
-0.07
+85.61%
-0.46
-5.59%
-0.43
+75.24%
-1.75
Other Special Charges
—
—
—
-0.15
Restructuring And Mergern Acquisition
—
—
0.00
-100.00%
1.89
Net Income
-8.53
+17.57%
-10.35
-20.70%
-8.57
+39.51%
-14.17
Pretax Income
-8.60
+17.15%
-10.38
-18.31%
-8.78
+39.07%
-14.41
Net Non Operating Interest Income Expense
0.13
+1053.02%
0.01
-94.75%
0.21
+698.30%
-0.04
Interest Expense Non Operating
0.32
+88.27%
0.17
+10.47%
0.15
-63.88%
0.42
Net Interest Income
0.13
+1053.02%
0.01
-94.75%
0.21
+698.30%
-0.04
Interest Expense
0.32
+88.27%
0.17
+10.47%
0.15
-63.88%
0.42
Interest Income Non Operating
0.45
+149.11%
0.18
-51.19%
0.37
-4.61%
0.38
Interest Income
0.45
+149.11%
0.18
-51.19%
0.37
-4.61%
0.38
Other Income Expense
-0.42
+53.20%
-0.91
+23.93%
-1.19
+68.02%
-3.73
Gain On Sale Of Security
0.07
-58.67%
0.16
+145.65%
-0.36
-189.06%
0.40
Tax Provision
-0.00
+96.26%
-0.04
+81.17%
-0.21
+13.14%
-0.24
Tax Rate For Calcs
0.00
-100.00%
0.00
-84.08%
0.00
+42.56%
0.00
Tax Effect Of Unusual Items
0.00
+100.00%
-0.00
+94.13%
-0.02
+15.79%
-0.02
Net Income Including Noncontrolling Interests
-8.60
+16.85%
-10.35
-20.70%
-8.57
+39.51%
-14.17
Net Income From Continuing Operation Net Minority Interest
-8.53
+17.57%
-10.35
-20.70%
-8.57
+39.51%
-14.17
Net Income From Continuing And Discontinued Operation
-8.53
+17.57%
-10.35
-20.70%
-8.57
+39.51%
-14.17
Net Income Continuous Operations
-8.60
+16.85%
-10.35
-20.70%
-8.57
+39.51%
-14.17
Minority Interests
0.07
0.00
—
—
Normalized Income
-8.53
+15.16%
-10.05
-28.94%
-7.80
+39.32%
-12.85
Net Income Common Stockholders
-8.53
+17.57%
-10.35
-20.70%
-8.57
+39.51%
-14.17
Diluted EPS
-0.89
+45.73%
-1.64
-8.61%
-1.51
+52.81%
-3.20
Basic EPS
-0.89
+45.73%
-1.64
-8.61%
-1.51
+52.81%
-3.20
Basic Average Shares
9.61
+52.36%
6.31
+10.94%
5.69
+28.57%
4.42
Diluted Average Shares
9.61
+52.36%
6.31
+10.94%
5.69
+28.57%
4.42
Diluted NI Availto Com Stockholders
-8.53
+17.57%
-10.35
-20.70%
-8.57
+39.51%
-14.17
Gain On Sale Of PPE
-0.07
+85.61%
-0.46
-5.59%
-0.43
-68152.60%
0.00
Securities Amortization
0.43
-30.63%
0.62
+53.54%
0.40
-83.22%
2.39
Line Item Trend 2023-12-31
Total Assets
35.97
Current Assets
22.09
Cash Cash Equivalents And Short Term Investments
9.48
Cash And Cash Equivalents
9.48
Cash Financial
9.48
Receivables
6.06
Accounts Receivable
3.17
Gross Accounts Receivable
3.31
Allowance For Doubtful Accounts Receivable
-0.13
Other Receivables
2.89
Inventory
5.27
Raw Materials
3.36
Work In Process
1.27
Finished Goods
1.51
Prepaid Assets
—
Restricted Cash
0.94
Assets Held For Sale Current
0.00
Other Current Assets
0.34
Total Non Current Assets
13.88
Net PPE
13.06
Gross PPE
24.89
Accumulated Depreciation
-11.83
Properties
0.00
Machinery Furniture Equipment
2.90
Other Properties
18.80
Leases
3.18
Goodwill And Other Intangible Assets
0.35
Goodwill
0.23
Other Intangible Assets
0.11
Non Current Prepaid Assets
—
Other Non Current Assets
0.47
Total Liabilities Net Minority Interest
18.70
Current Liabilities
7.50
Payables And Accrued Expenses
6.00
Payables
2.44
Accounts Payable
2.44
Current Accrued Expenses
3.55
Current Debt And Capital Lease Obligation
1.12
Current Debt
—
Other Current Borrowings
—
Current Capital Lease Obligation
1.12
Current Deferred Liabilities
0.38
Current Deferred Revenue
0.38
Total Non Current Liabilities Net Minority Interest
11.20
Long Term Debt And Capital Lease Obligation
11.10
Long Term Debt
4.69
Long Term Capital Lease Obligation
6.41
Non Current Deferred Liabilities
0.10
Non Current Deferred Taxes Liabilities
0.10
Other Non Current Liabilities
—
Stockholders Equity
17.28
Common Stock Equity
17.28
Capital Stock
0.01
Common Stock
0.01
Preferred Stock
0.00
Share Issued
5.73
Ordinary Shares Number
5.73
Treasury Shares Number
0.00
Additional Paid In Capital
98.80
Retained Earnings
-75.92
Gains Losses Not Affecting Retained Earnings
-5.60
Other Equity Adjustments
-5.60
Total Equity Gross Minority Interest
17.28
Total Capitalization
21.96
Working Capital
14.59
Invested Capital
21.96
Total Debt
12.22
Net Debt
—
Capital Lease Obligations
7.53
Net Tangible Assets
16.93
Tangible Book Value
16.93
Inventories Adjustments Allowances
-0.87
Other Inventories
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-6.11
+18.93%
-7.53
-80.07%
-4.18
+65.25%
-12.04
Cash Flow From Continuing Operating Activities
-6.11
+18.93%
-7.53
-80.07%
-4.18
+65.25%
-12.04
Net Income From Continuing Operations
-8.60
+16.85%
-10.35
-20.70%
-8.57
+39.51%
-14.17
Depreciation Amortization Depletion
2.30
-16.01%
2.74
-12.91%
3.14
+21.46%
2.59
Depreciation
2.30
-16.01%
2.74
-12.91%
3.14
—
Depreciation And Amortization
2.30
-16.01%
2.74
-12.91%
3.14
+21.46%
2.59
Other Non Cash Items
0.43
-30.63%
0.62
+53.54%
0.40
-82.12%
2.24
Stock Based Compensation
0.99
+48.56%
0.66
+5.82%
0.63
-32.80%
0.93
Deferred Tax
-0.00
+96.26%
-0.04
+32.50%
-0.06
-2.76%
-0.06
Deferred Income Tax
-0.00
+96.26%
-0.04
+32.50%
-0.06
-2.76%
-0.06
Operating Gains Losses
0.07
-85.61%
0.46
+5.59%
0.43
+68152.60%
-0.00
Gain Loss On Sale Of PPE
0.07
-85.61%
0.46
+6390.07%
-0.01
-1042.36%
-0.00
Change In Working Capital
-1.28
+20.95%
-1.62
-933.10%
-0.16
+95.61%
-3.58
Change In Receivables
0.39
-77.49%
1.72
+208.23%
-1.59
-72.74%
-0.92
Changes In Account Receivables
-0.71
-213.86%
0.62
+180.96%
-0.77
-66.21%
-0.46
Change In Inventory
-0.24
+59.38%
-0.59
+43.80%
-1.05
-206.27%
0.98
Change In Prepaid Assets
-0.14
-453.72%
0.04
-97.11%
1.40
+496.18%
-0.35
Change In Payables And Accrued Expense
-0.70
+64.29%
-1.96
-220.20%
1.63
+190.97%
-1.79
Change In Accrued Expense
-0.80
+12.03%
-0.91
-242.12%
0.64
+139.15%
-1.63
Change In Payable
0.10
+109.50%
-1.05
-206.04%
0.99
+723.78%
-0.16
Change In Account Payable
0.10
+109.50%
-1.05
-206.04%
0.99
+723.78%
-0.16
Change In Other Working Capital
0.02
+106.64%
-0.26
+7.57%
-0.28
-20.33%
-0.23
Change In Other Current Assets
—
0.00
-100.00%
0.29
+141.09%
-0.71
Change In Other Current Liabilities
-0.61
-4.88%
-0.58
-2.49%
-0.56
-3.41%
-0.54
Investing Cash Flow
-0.22
+48.61%
-0.42
+85.31%
-2.89
-70.77%
-1.69
Cash Flow From Continuing Investing Activities
-0.22
+48.61%
-0.42
+85.31%
-2.89
-70.77%
-1.69
Net PPE Purchase And Sale
-0.22
+48.61%
-0.42
+85.31%
-2.89
-70.77%
-1.69
Purchase Of PPE
-0.40
+71.11%
-1.37
+52.73%
-2.89
-71.14%
-1.69
Sale Of PPE
0.18
-81.22%
0.94
+12909.28%
0.01
+1042.36%
0.00
Capital Expenditure
-0.40
+71.11%
-1.37
+52.73%
-2.89
-71.14%
-1.69
Net Business Purchase And Sale
—
—
—
0.00
Purchase Of Business
—
—
—
0.00
Net Intangibles Purchase And Sale
—
—
—
—
Purchase Of Intangibles
—
—
—
—
Financing Cash Flow
0.72
-91.53%
8.49
+1362.74%
0.58
-95.76%
13.70
Cash Flow From Continuing Financing Activities
0.72
-91.53%
8.49
+1362.74%
0.58
-95.76%
13.70
Net Issuance Payments Of Debt
0.71
+149.38%
-1.43
-346.06%
0.58
+105.42%
-10.72
Issuance Of Debt
1.21
0.00
-100.00%
1.02
-83.28%
6.08
Repayment Of Debt
-0.51
+64.42%
-1.43
-228.19%
-0.44
+97.41%
-16.80
Long Term Debt Issuance
1.21
0.00
-100.00%
1.02
-83.28%
6.08
Long Term Debt Payments
-0.51
+64.42%
-1.43
-228.19%
-0.44
+97.41%
-16.80
Net Long Term Debt Issuance
0.71
+149.38%
-1.43
-346.06%
0.58
+105.42%
-10.72
Net Common Stock Issuance
0.00
-100.00%
9.92
0.00
-100.00%
24.42
Proceeds From Stock Option Exercised
—
—
—
—
Net Other Financing Charges
0.01
—
—
—
Changes In Cash
-5.61
-1147.63%
0.54
+108.25%
-6.49
-19894.79%
-0.03
Effect Of Exchange Rate Changes
-0.19
-116.06%
-0.09
-128.22%
0.31
+136.54%
-0.86
Beginning Cash Position
10.87
+4.28%
10.42
-37.21%
16.60
-5.10%
17.49
End Cash Position
5.07
-53.35%
10.87
+4.28%
10.42
-37.21%
16.60
Free Cash Flow
-6.50
+26.94%
-8.90
-25.78%
-7.08
+48.45%
-13.73
Interest Paid Supplemental Data
0.16
-2.26%
0.16
-10.03%
0.18
-48.68%
0.35
Income Tax Paid Supplemental Data
0.00
0.00
0.00
0.00
Common Stock Issuance
0.00
-100.00%
9.92
0.00
-100.00%
24.42
Issuance Of Capital Stock
0.00
-100.00%
9.92
0.00
-100.00%
24.42
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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