LiqTech International (NASDAQ:LIQT) Releases Earnings Results, Misses Expectations By $0.07 EPS

LiqTech International (NASDAQ:LIQT) announced its quarterly earnings results on Wednesday. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.07), FiscalAI reports. LiqTech International had a negative net margin of 51.65% and a negative return on equity of 65.41%. The business had revenue of $4.14 million for the quarter, compared to analysts’ expectations of $4.50 million.

Here are the key takeaways from LiqTech International’s conference call:

• LiqTech said Q1 results were in line with expectations and reiterated full-year 2026 revenue guidance of DKK 23 million to DKK 27 million, with management expecting gradual quarterly improvement through the year.
• Commercial pool appears to be gaining traction, with Q1 revenue up to DKK 0.8 million from DKK 0.3 million a year ago and management calling for a record Q2 based on the current order book, including the company’s first U.S. pool system order.
• Marine activity also improved, as the company delivered two systems in Q1, expects two more in Q2, and said its China joint venture should help support more sustainable order flow in 2026.
• Revenue declined 10.4% year over year to DKK 4.1 million mainly because a large water for energy delivery from Q1 2025 did not repeat, though management said the pipeline remains active and additional projects could convert later in the year.
• Gross margin improved to 9.5% from 2.7% a year ago, aided by better system mix, higher utilization, procurement savings, and lower depreciation, while management said long-term project margins could trend toward a ~40% steady state.

LiqTech International Stock Down 2.7%

Shares of NASDAQ:LIQT traded down $0.06 during midday trading on Wednesday, reaching $2.19. The company’s stock had a trading volume of 34,644 shares, compared to its average volume of 21,328. The firm has a 50 day moving average of $1.84 and a 200-day moving average of $1.85. The firm has a market capitalization of $21.79 million, a P/E ratio of -2.46 and a beta of 1.18. The company has a quick ratio of 2.01, a current ratio of 3.38 and a debt-to-equity ratio of 0.79. LiqTech International has a 12-month low of $1.22 and a 12-month high of $3.35.

Analysts Set New Price Targets

Several research analysts have commented on LIQT shares. Ascendiant Capital Markets upped their price objective on shares of LiqTech International from $4.20 to $4.30 and gave the stock a “buy” rating in a report on Tuesday, March 10th. Weiss Ratings cut shares of LiqTech International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, LiqTech International presently has a consensus rating of “Hold” and a consensus target price of $4.30.

Institutional Investors Weigh In On LiqTech International

An institutional investor recently bought a new position in LiqTech International stock. StoneX Group Inc. bought a new stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 28,788 shares of the company’s stock, valued at approximately $42,000. StoneX Group Inc. owned approximately 0.30% of LiqTech International as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 35.06% of the company’s stock.

About LiqTech International

LiqTech International, Inc develops and manufactures advanced ceramic filtration systems that leverage proprietary silicon carbide (SiC) membranes to remove particulates and hydrophobic contaminants from a variety of fluid streams. The company’s core products include tubular ceramic membrane modules and complete filtration skids designed for applications where high chemical resistance, thermal stability and mechanical strength are required.

Their filtration solutions are utilized across multiple industries, including municipal and industrial water treatment, desalination pretreatment, produced water management in oil and gas operations, and process water recycling in power generation and chemical processing.