Liqtech International Inc (NASDAQ: LIQT) |
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Price: $1.7200
$0.05
2.994%
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Day's High:
| $1.745
| Week Perf:
| -2.82 %
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Day's Low: |
$ 1.57 |
30 Day Perf: |
-3.91 % |
Volume (M): |
13 |
52 Wk High: |
$ 3.55 |
Volume (M$): |
$ 22 |
52 Wk Avg: |
$2.40 |
Open: |
$1.75 |
52 Wk Low: |
$1.51 |
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Market Capitalization (Millions $) |
10 |
Shares
Outstanding (Millions) |
6 |
Employees |
75 |
Revenues (TTM) (Millions $) |
13 |
Net Income (TTM) (Millions $) |
-11 |
Cash Flow (TTM) (Millions $) |
-7 |
Capital Exp. (TTM) (Millions $) |
2 |
Liqtech International Inc
We are a clean technology company that provides state-of-the-art technologies
for gas and liquid purification by manufacturing ceramic silicon carbide filters.
For more than a decade, we have developed and manufactured products of re-crystallized
silicon carbide. We specialize in two business areas: ceramic membranes for
liquid filtration and diesel particulate filters for the control of soot exhaust
particles from diesel engines. We are phasing out the fabrication of kiln furniture
for the refractory industry. Using nanotechnology, we develop proprietary products
using patented silicon carbide technology. Our products are based on unique
silicon carbide membranes which facilitate new applications and improve existing
technologies. We market our products from our offices in the United States and
Denmark, and through local representatives in Singapore, Germany, France and
Brazil. The products are shipped directly to customers from our production facilities
in the United States and Denmark.
Under the “LiqTech”, “Cometas” and “Provital”
brand names, we manufacture and sell ceramic silicon carbide membranes and systems
for liquid filtration using our patented silicon carbide technology (“SiC
Filters”) that currently focus on hydrocarbon production-derived contaminated
water, which we refer to herein as “produced water”, removal of
heavy metals in mining and energy applications, pre-filtration for reverse osmosis
in drinking water and industrial applications.
Our filters are manufactured with a silicon carbide ceramic membrane based
on a patented technology, and we are not aware of any other company that makes
both the substrate (honeycomb) and the membrane (the part which accomplishes
the filtering) solely from silicon carbide.
Our SiC membranes offer consistent removal of oil and suspended solids at high
throughput rates regardless of feed conditions. The membranes are ideal for
treatment of produced water for discharge, re-injection, pre-reverse osmosis
(“RO”) as well as polymer flooded streams. We offer on shore and
off shore solutions and have extensive experience with produced water streams
from fracking, gas condensate, and oil emulsions. We believe our SiC membranes
are the best alternative to micro-flotation and walnut shell filters due to
their cost savings, reduced installation cost and robustness with reduced downtime.
Our chemically inert plug-and-play filter designs are extremely hard and durable
materials with high flux (flow) to increase membrane life and reduce downtime
for cleaning. SiC membranes are stronger, harder, longer lasting, more temperature
resistant, and recover faster than conventional ceramic and polymeric membranes.
We offer diesel particulate filters (“DPF”) for exhaust emission
control solutions to the verified retrofit and the original equipment manufacturer
(OEM) market through our direct sales force. DPF sales are generally made to
distributors specializing in sales to end users. We use a proprietary “nano
washcoat” to provide catalytic coating for anything from diesel particulate
filters to catalytic converters. We have developed a robust silicon carbide
diesel particulate filter that is especially useful for vehicles that produce
a high soot load, and, if properly maintained, should last as long as the vehicle’s
engine. Our DPFs are ideal for off-road vehicles because of their strength,
chemical non-reactive nature, temperature resilience and thermal conductivity.
Our DPF products are sold worldwide, under the LiqTech brand name.
Kiln furniture refers to all items used in a kiln to support ceramics that create
additional space to maximize the number of items for each firing. Our high-quality
SiC kiln furniture is thinner (allowing more items to be added for each firing),
withstands higher heat, lasts longer and reduces the firing time (reducing energy
costs) as compared to cordierite, mullite and oxide bonded kiln furniture.
Company Address: Industriparken 22C Ballerup 0
Company Phone Number: 3131 5941 Stock Exchange / Ticker: NASDAQ LIQT
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Stock Performances by Major Competitors |
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Liqtech International Inc
Liqtech International Inc, a leading clean technology company specializing in filtration products, experienced a drop of 1.49% in its share price during May 2024. This decrease contributes to an overall decline of 6.85% during the second quarter of the year. Additionally, the company's shares are currently trading 15.9% below its 52-week average on the NASDAQ. In light of their recent financial results, it is important to analyze how these trends may impact the company's future prospects. Financial Results: Liqtech International Inc reported its financial results for the time-frame ending March 31, 2024. The company showcased a significant expansion in losses, with a deficit of $-0.41 per share compared to $-0.05 per share in the previous year. However, earnings per share improved slightly from $-0.57 to $-0.41 per share in the prior reporting period.
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Liqtech International Inc
Liqtech International Inc (NASDAQ: LIQT) has recently reported its financial performance for the fourth quarter of 2023, revealing concerning numbers that suggest a bearish sentiment for the company. The company witnessed a significant increase in its deficit per share compared to the previous year, with a deficit per share of $-0.57, compared to $-0.03 a year prior. Additionally, the deficit increased from $-0.25 per share from the previous quarter. While the revenue showed considerable growth of 15.703% to $4.65 million from $4.02 million in the corresponding quarter a year prior, it sequentially decreased by -5.975% from $4.95 million. This revenue growth may seem like a positive indicator; however, it is important to note that it stands in contrast to the overall performance of the Industrial Machinery and Components sector. While Liqtech International Inc experienced a revenue gain, the rest of the sector saw a decline of -3.71% in their top-line. This suggests that the company's success may be an exception rather than a reflection of a robust industry.
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Liqtech International Inc
Liqtech International Inc, an Industrial Machinery and Components company, reported its financial results for the third quarter ending September 30, 2023. Despite witnessing a remarkable surge in revenue, the company's net deficit widened. However, when examining the overall performance within the Industrial Machinery and Components sector, Liqtech's growth remains comparable to its contemporaries. Additionally, the company's stockpiles increased, indicating a seasonal nature of its business with potential rising demand. Financial Results Analysis: Liqtech International Inc reported a 49.705% increase in revenue, reaching $4.95 million for the third quarter of 2023. This significant growth in revenue can be viewed as a positive outcome for the company. In the previous financial reporting period, revenue was recorded at $4.16 million, reflecting a healthy improvement.
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Liqtech International Inc
Financial News Report: Liqtech International Inc's Q2 2023 Performance In the financial second quarter of 2023, Liqtech International Inc (LIQT) experienced a decrease in revenue and an increased deficit per share compared to the previous year and the previous financial reporting period. However, there are some positive signs indicating a potential turnaround for the company. Liqtech International Inc reported a deficit of $-0.27 per share for Q2 2023, compared to $-0.20 per share in the same period a year ago. This represents an increase in deficit per share. Additionally, the company witnessed an increase in deficit from the previous financial reporting period, where it stood at $-0.05 per share.
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Liqtech International Inc
Liqtech International Inc, a company in the Capital Goods sector, recently released its financial report for the 12 months ending in the first quarter of 2023. Unfortunately, the report indicated a cumulative net loss of $-13 million, resulting in a negative return on investment (ROI) of -37.16%. This negative ROI places the company among the bottom performers in its sector, with 168 other companies recording a higher ROI. Despite recording an increase in revenue of 10.29% from the comparable quarter in the previous year, the company still lost money at $-0.05 deficit per share. This is a significant drop from the previous quarter, where revenue decreased by -0.245% from $4.02 million, and the deficit advanced from $-0.03 per share.
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Per Share |
Current |
Earnings (TTM) |
-1.83 $ |
Revenues (TTM) |
2.31 $
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Cash Flow (TTM) |
- |
Cash |
-
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Book Value |
1.96 $
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Dividend (TTM) |
0 $ |
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Per Share |
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Earnings (TTM) |
-1.83 $
|
Revenues (TTM) |
2.31 $ |
Cash Flow (TTM) |
- |
Cash |
-
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Book Value |
1.96 $ |
Dividend (TTM) |
0 $ |
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Reportable Geographical Components |
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138.41 % |
of total Revenue |
Americas Reportable Geographical Components |
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20.85 % |
of total Revenue |
Asia Pacific Reportable Geographical Components |
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7.09 % |
of total Revenue |
Europe Reportable Geographical Components |
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110.21 % |
of total Revenue |
Middle East and Africa Reportable Geographical Components |
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0.26 % |
of total Revenue |
Water Segment |
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38.41 % |
of total Revenue |
Ceramics Segment |
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60.19 % |
of total Revenue |
Plastics Segment |
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37.04 % |
of total Revenue |
Corporate Segment |
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2.78 % |
of total Revenue |
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