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Liqtech International Inc  (LIQT)
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Liqtech International Inc's

Competitiveness


 

LIQT Sales vs. its Competitors Q3 2023



Comparing the current results to its competitors, Liqtech International Inc reported Revenue increase in the 3 quarter 2023 by 49.71 % year on year, while most of its competitors have experienced contraction in revenues by -3.89 %, achieved in the same quarter.

List of LIQT Competitors





Revenue Growth Comparisons




Net Income Comparison


Liqtech International Inc, faster than the decline experienced by the competitors recorded a net loss, as well as most of its competitors.

<<  LIQT Stock Performance Comparisons


Liqtech International Inc's Comment on Competitors and Industry Peers


Our products compete with other filters that are made using both ceramic and plastic membranes. Most of our competitors are large industrial companies. However, we believe our patented technology allows us to produce high quality, low cost products that give us an advantage over many of our competitors, many of which have greater financial, technological, manufacturing and personnel resources. We intend to continue to devote resources to improving our products in order to maintain our existing customers and to add new customers.




  

Overall company Market Share Q3 2023

Due to outstanding performance in Overall company, revenue grew by 49.71 % Liqtech International Inc improved its market share, to approximately 39.66 %.




<<  More on LIQT Market Share.
 
*Market share is calculated based on total revenue.





Who are Liqtech International Inc's Competitors?




Nanophase Technologies Corporation
Share Performance



-16.00%
30 Days



Nanophase Technologies Corporation
Profile

Nanophase Technologies Corporation operates as a commercial manufacturer and supplier of advanced materials and nanomaterials. The company's business model revolves around producing and selling nanomaterials for various applications, including personal care, energy, and electronics. Nanophase Technologies focuses on developing innovative solutions and delivering high-performance nanomaterials to meet the evolving needs of its customers.

More about Nanophase Technologies Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 31.247 mill. $ 36.923 mill. $ -4.247 mill.



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