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LiqTech International Inc (LIQT)
NASDAQ:LIQT
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.18Last Year’s EPS
-0.41Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 28, 2025
|% Change Since: 3.27%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
LiqTech International's earnings call highlighted significant progress in revenue growth and strategic partnerships, particularly in the oil and gas sector. However, challenges remain with negative gross margins and disappointing sales in marine and pool markets. The overall sentiment is cautiously optimistic about future growth opportunities.Company Guidance
In the LiqTech International Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call, CEO Fei Chen provided key guidance metrics and insights for the upcoming quarters. The company reported Q4 2024 revenues of $3.4 million, marking a 37% sequential increase from the previous quarter. This growth was driven by significant contributions from water treatment systems, which saw a 108% sequential increase in revenue. A landmark achievement was the receipt of a record commercial order from Razorback Direct for PureFlow mobile units, which has provided strong visibility for Q1 2025 revenues, expected to be between $4.3 and $4.7 million, indicating a projected sequential growth of 26% to 38%. Additionally, LiqTech aims to lower its breakeven target on an adjusted EBITDA basis to a quarterly revenue run rate of $5.5 to $6.0 million, aided by cost reduction strategies, including a 10% headcount reduction and salary cuts for senior management. This strategic focus, combined with a robust balance sheet boasting over $10 million in cash, positions the company to achieve profitability later in the year.Record Commercial Order in Oil and Gas
The company received a record commercial order from Razorback Direct for PureFlow mobile units in the North American energy sector, showcasing significant progress in the oil and gas market.
Revenue Growth and Projections
Fourth quarter revenue was $3.4 million, a 37% sequential increase from the third quarter. Expectations for Q1 2025 revenue are between $4.3 and $4.7 million, indicating 26% to 38% sequential growth.
Successful Pilot Programs and Strategic Partnerships
Ongoing pilot programs in various industries, including lithium brine production and microplastics removal, show promise for future commercial orders. A strategic distribution agreement with Razorback Direct was highlighted.
Cost Reduction Strategy
Implemented cost reduction strategies, including a 10% reduction in headcount and a reduction in senior management salaries, aiming to lower breakeven targets.
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LIQT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LIQT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 28, 2025 | $1.53 | $1.60 | +4.58% |
| Nov 14, 2024 | $1.97 | $1.68 | -14.72% |
| Aug 14, 2024 | $2.53 | $2.34 | -7.51% |
| May 14, 2024 | $2.65 | $2.61 | -1.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does LiqTech International Inc (LIQT) report earnings?
LiqTech International Inc (LIQT) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is LiqTech International Inc (LIQT) earnings time?
LiqTech International Inc (LIQT) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LIQT EPS forecast?
LIQT EPS forecast for the fiscal quarter 2025 (Q1) is -0.18.
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