LIQT

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management is shifting the business model away from large, unpredictable one-off projects toward standardized, repeatable platforms to improve revenue visibility. The year-over-year revenue decline was primarily attributed to a significant water-for-energy delivery in 2025 that did not repeat in the current period. Gross margin expansion of 280 basis points was driven by a more favorable product mix, improved manufacturing utilization, and disciplined procurement. The commercial pool segment is emerging as a primary growth engine, with revenue increasing from $300 thousand to $800 thousand year-over-year. The company successfully entered the US market with its first pool system order, validating the technology's fit for aging infrastructure and high water quality standards. Strategic investments in a Chinese joint venture and local service infrastructure are stabilizing order flow and execution in the marine dual-fuel engine market. A disciplined approach to the oil and gas sector remains, with management focusing on pilot programs to validate performance without relying on single large project wins. Reiterated full-year 2026 revenue guidance of $23 million to $27 million, representing projected growth of 39% to 64% over 2025. Management expects a record quarter for the commercial swimming pool vertical in Q2 2026 based on current order book strength. The financial trajectory assumes gradual quarter-over-quarter improvements as 2025 operational changes and new order conversions take full effect. Future profitability is contingent on scaling standardized systems to fully absorb fixed production costs and achieve a target 40% steady-state margin. Operating leverage is expected to improve as the company converts its pipeline in pool, marine, and component segments while maintaining strict overhead control. Operating expenses increased by $400 thousand, with approximately 60% of that rise driven by unfavorable foreign exchange developments. The company continues to operate below the revenue level required for full fixed-cost absorption in its manufacturing platform. Cash management remains a critical focus, with $2.7 million on hand as the company balances growth investments with the path to positive adjusted EB...

This article first appeared on GuruFocus. Release Date: May 13, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. LiqTech International Inc (NASDAQ:LIQT) reported a 32% increase in revenue compared to Q4 2025, with gross margin expanding by approximately 1,290 basis points. The company is seeing strong growth in its commercial pool and marine segments, with pool deliveries totaling $0.8 million in Q1 2026, up from $0.3 million in Q1 2025. LiqTech International Inc (NASDAQ:LIQT) has successfully entered the U.S. market with its first pool system order, which is expected to open additional opportunities. The marine business is gaining momentum, supported by a joint venture in China, which is expected to drive sustainable order flow throughout 2026. The company is reiterating its full-year 2026 revenue outlook of $23 million to $27 million, indicating confidence in continued growth across its business segments. Year-over-year revenue for Q1 2026 decreased by 10.4% compared to Q1 2025, primarily due to the non-repeat of a significant water for energy delivery. Operating expenses increased to $2.7 million in Q1 2026 from $2.3 million in Q1 2025, with foreign exchange developments contributing to the rise. Net loss for Q1 2026 was $2.7 million, compared to a net loss of $2.4 million in Q1 2025, driven by higher operating and other expenses. Adjusted EBITDA remained negative at $1.5 million for Q1 2026, slightly worse than the negative $1.4 million in Q1 2025. The company is still operating below the revenue level needed to fully absorb fixed costs, impacting its gross margin potential. Warning! GuruFocus has detected 5 Warning Signs with LIQT. Is LIQT fairly valued? Test your thesis with our free DCF calculator. Q: What does a steady-state margin structure look like for the new LiqTech? How should we model gross margins? A: (Unidentified_3) On a project basis, we are realizing margins between 30% to 50%, averaging around 40%. With increased volume, we should approach a steady-state margin of 40%. Additionally, volume increases could lead to further reductions in production costs for systems and membranes. Q: You are guiding revenue of $19 to $23 million for the rest of the year. What are the major drivers of this steep revenue growth, and how much does water for energy or industry contribute to this revenue?...

BALLERUP, Denmark, May 13, 2026 (GLOBE NEWSWIRE) -- LiqTech International, Inc. (Nasdaq: LIQT) ("LiqTech"), a clean technology company that manufactures and markets highly specialized filtration technologies, today announced its financial results for the first quarter of 2026. Recent Financial Highlights Q1 2026 revenue of $4.1 million compared to $4.6 million in Q1 2025. Q1 2026 net loss of $(2.7) million compared to $(2.4) million in Q1 2025. Q1 2026 Adjusted EBITDA of $(1.5) million compared to $(1.4) million in Q1 2025. Ending cash balance of $2.7 million on March 31, 2026. Outlook The Company is reiterating its expectation for FY 2026 revenue between $23 million and $27 million, which would represent an increase of 39% to 64% over FY 2025. Recent Operational Highlights Elevated Commercial Pool activity with strong deliveries during the quarter totaling $0.8 million compared to $0.3 million in the prior-year quarter, with new orders setting the stage for improved pool results in the second quarter and throughout 2026. Key new orders include: the first U.S. pool system order for three systems to be installed at the Weston County School District #1 Aquatic Center in Newcastle, Wyoming; one in partnership with Lotec for a new large-scale commercial pool project in Den Helder, Netherlands; and a follow on record order in partnership with Waterco Limited for 10 systems for the Plumpton Aquatic and Leisure Centre in Fraser Rise, Victoria, Australia. Two systems delivered during the first quarter for marine dual-fuel engine water treatment for LNG vessels with two more expected to be delivered during the second quarter. Further sustainable order flow is expected throughout 2026 driven by the Company’s China JV. First quarter revenue from the marine business totaled $0.8 million compared to $0.2 million in the prior-year quarter. Commenced a new pilot program in West Texas for produced water treatment with an energy services and solutions company. Diesel particle filters (DPF) and membrane business experienced growth during the first quarter to $1.3 million compared to $1.0 million in the prior-year quarter, driven by strong order flow from both existing and new customers and renewed focus within this segment. Plastic revenue increased 5%, totaling $1.0 million during the quarter and driven primarily by strong activity within food processing. Management Commenta...

LiqTech Intl (NASDAQ:LIQT) held its first-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This content is powered by Benzinga APIs. For comprehensive financial data and transcripts, visit https://www.benzinga.com/apis/. The full earnings call is available at https://app.webinar.net/WaNVyXlyEGe LiqTech International Inc reported a year-over-year revenue decrease of 10.4% for Q1 2026, primarily due to a non-repeated significant water for energy delivery from the previous year. The company saw a 32% revenue increase from Q4 2025, with gross margin expanding by 1,290 basis points, driven by increased activity in commercial pool, marine, and DPF and membrane sectors. LiqTech International Inc reiterated its full-year 2026 revenue outlook of $23 million to $27 million, indicating a growth of 39% to 64% from the previous year, and highlighted strong order books for marine and pool systems. The company emphasized strategic focus on building repeatable and scalable platforms, especially within commercial pool and marine sectors, supported by joint ventures and local capabilities. Management noted disciplined resource allocation, particularly in sales and marine development, while maintaining careful overhead management to drive toward profitability. OPERATOR Good morning and welcome to the LiqTech International Inc First Quarter Fiscal Year 2026 Financial Results Conference Call. After today's presentation, there will be an opportunity to ask questions. To submit a question, you may type it into the Ask A Question box on the webcast screen. Please note that this event is being recorded. I would now like to turn the conference over to Robert Bloom with Litham Partners. Please go ahead, sir. Robert Bloom (Moderator) All right, thank you very much Operator and good morning everyone. Thank you all for joining us on today's conference call, as the operator indicated, to discuss LiqTech International Inc's first quarter 2026 financial results. Joining us on today's call from the company are Faye Chen, Chief Executive Officer and David Kwalchek, the Company's Chief Financial and Chief Operating Officer. Before I turn the call over to management, let me remind listeners that there will be a Q and A session at the end of the call. Again, to ask a question through the webcast portal, simply type your question through the Ask A Que...

Image source: The Motley Fool. May 13, 2026, at 9 a.m. ET Chief Executive Officer — Fei Chen Chief Financial Officer and Chief Operating Officer — David Nørby Foss Kowalczyk Moderator — Robert Blum Need a quote from a Motley Fool analyst? Email [email protected] Operator: Good morning, and welcome to the LookTech International Reports First Quarter Fiscal Year 26 Financial Results Conference Call. After today's presentation, there will be an opportunity to ask a questions. To submit a question, you may type it into the ask a question box on the webcast screen. Please note that this event is being recorded. I would now like to turn the conference over to Robert Blum with Lytham Partners. Please go ahead, sir. Robert Blum: All right. Thank you very much, operator, and good morning, everyone. Thank you all for joining us on today's conference call. As the operator indicated, we will discuss LiqTech International's First Quarter 2026 financial results. Joining us on today's call from the company are Fay Chen, chief executive officer and David Nørby Foss, the company's chief financial and chief operating officer. Before I turn the call over to management, let me remind listeners that there will be a Q&A session at the end of the call. Simply type your question, through the ask a question feature in the webcast player there. Before we begin with prepared remarks, we submit for the record the following statement. This conference call may contain forward-looking statements. Although the forward-looking statements reflect the good faith and judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed during the call. The company, therefore, urges all listeners to carefully review and consider the various disclosures made in their reports filed with the Securities Exchange Commission, including risk factors that attempt to advise interested parties of the risks that may affect their business, financial condition, operations, and cash flows. If 1 or more of these risks or uncertainties materialize or if the underlying assumptions prove incorrect, the company's actual results may vary materially from those expected or projected. The company, therefore, encourages all listeners not to place undue reliance on these forward-looking statements, w...

Management to Host Conference Call on Wednesday, May 13, 2026, at 9:00 a.m. Eastern time BALLERUP, Denmark, May 06, 2026 (GLOBE NEWSWIRE) -- LiqTech International, Inc. (NASDAQ: LIQT), a leading clean technology company specializing in advanced filtration systems, will report first quarter 2026 financial results for the period ended March 31, 2026, on Wednesday, May 13, 2026, before the market opens. The Company has scheduled a conference call that same day, Wednesday, May 13, 2026, at 9:00 a.m. Eastern time, to review the results. Q1 2026 Conference Call Details Date and Time: Wednesday, May 13, 2026, at 9:00 a.m. Eastern time Webcast: Interested parties can access the conference call via a live webcast, which is available in the Investor Relations section of the Company's website at https://liqtech.com/investor/ or at https://app.webinar.net/WaNVyXlyEGe. Replay: A webcast replay will be available at https://app.webinar.net/WaNVyXlyEGe. ABOUT LIQTECH INTERNATIONAL, INC. LiqTech International, Inc. is a clean technology company that manufactures and markets highly specialized filtration products and systems for liquid and gas applications. Founded in 2000, LiqTech’s patented SiC membranes are designed to treat the most challenging fluids in industrial and municipal water, marine scrubber, and oil & gas applications. For more information, please visit: www.liqtech.com Follow LiqTech on Linkedln: http://www.linkedin.com/company/liqtech-international Forward-Looking Statements This press release contains “forward-looking statements.” Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in the reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation, and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to...

CECO Environmental (CECO) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +191.97%. A quarter ago, it was expected that this maker of air pollution controls and industrial ventilation systems would post earnings of $0.43 per share when it actually produced earnings of $0.3, delivering a surprise of -30.23%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. CECO, which belongs to the Zacks Pollution Control industry, posted revenues of $205.92 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.99%. This compares to year-ago revenues of $176.7 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. CECO shares have added about 8.5% since the beginning of the year versus the S&P 500's gain of 4.8%. While CECO has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for CECO was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of tod...

Management is intentionally diversifying the systems portfolio to reduce reliance on the unpredictable timing of large-scale oil and gas projects. Performance in 2025 was driven by a 49% increase in systems and aftermarket revenue, specifically record-breaking commercial pool system shipments. The company is transitioning from highly customized, one-off engineering projects to standardized, 'off-the-shelf' modular designs to improve gross margins and shorten sales cycles. Strategic investments in China, including a new R&D center and spare parts warehouse, are aimed at localizing the supply chain and improving cost competitiveness in the marine sector. The successful commissioning of a filtration system for North Star BlueScope Steel serves as a critical proof point for expanding into broader industrial wastewater applications. Operational focus has shifted toward higher-value system sales, which now represent a larger portion of the total revenue mix compared to legacy filter components. Revenue guidance of $23 million to $27 million assumes significant growth in pool systems ($5M-$6M) and marine applications ($4M). Management targets positive full-year adjusted EBITDA in 2026, contingent on reaching the middle to high range of revenue guidance. The wide guidance range for the water-for-energy segment ($5M-$8M) reflects continued uncertainty regarding the exact timing of large oil and gas purchase orders. Expansion into the US swimming pool market is a key 2026 priority, with management finalizing details for the first domestic project. The newly opened Texas service center is expected to drive new business by increasing customer confidence through localized technical support and spare parts availability. A large OEM oil and gas order delay was the primary reason for missing original 2025 revenue guidance, though the project remains active in the pipeline. Gross margins remain below normalized levels due to unabsorbed fixed production costs and strategic investments in containerized systems to seed the US market. The company expects 2026 revenue to be in the range of $23 million to $27 million, driven by growth across various verticals including pool systems, marine, and water for energy. Management is implementing cost-reduction and efficiency programs to mitigate the potential impact of fluctuating tariffs on US-bound products. Our analysts just identifie...

This article first appeared on GuruFocus. Revenue: $16.5 million for 2025, up from $14.6 million in 2024. Systems and Aftermarket Sales: $8.2 million, compared to $5.5 million in the prior year. Gross Margin: 7.6% for 2025, up from 1.7% in 2024. Operating Expenditures: $9.6 million, compared to $9.7 million in 2024. Adjusted EBITDA: -$5 million, compared to -$6.1 million last year. Cash Position: $5.1 million at the end of the quarter. Pool System Revenue: $2.6 million for 2025. Marine Revenue: Approximately $1.5 million in 2025. Water for Energy and Industry Revenue: $4.1 million in 2025. Guidance for 2026 Revenue: Expected to be in the range of $23 million to $27 million. Guidance for 2026 EBITDA: Targeting positive full-year EBITDA in the mid to high range of the revenue guidance. Warning! GuruFocus has detected 5 Warning Signs with LIQT. Is LIQT fairly valued? Test your thesis with our free DCF calculator. Release Date: February 27, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. LiqTech International Inc (NASDAQ:LIQT) reported a 13% increase in revenue for 2025, driven by a 49% increase in total systems and aftermarket revenue. The company's commercial pool business delivered the strongest year in its history, with 34 pool systems sold, contributing $2.6 million in revenue. LiqTech International Inc (NASDAQ:LIQT) expanded its relationship with a UK distributor into an exclusive agreement, indicating strong international growth potential. The company opened a dedicated service center in Texas, enhancing customer support and contributing to new business development in the US market. LiqTech International Inc (NASDAQ:LIQT) expects significant revenue growth in 2026, with projections between $23 million and $27 million, driven by expansion in pool systems, industry applications, and marine segments. The company fell short of its original revenue guidance due to delays in a large oil and gas order, highlighting challenges in project timing predictability. Gross margins remain below optimal levels at 7.6%, partly due to fixed production costs not being fully absorbed. The oil and gas segment continues to face timing challenges, impacting margin profiles and revenue predictability. There was a decrease in sales of DPF and ceramic membrane cells, down from $5.6 million to $4 million, indicating a decline...

BALLERUP, Denmark, Feb. 27, 2026 (GLOBE NEWSWIRE) -- LiqTech International, Inc. (Nasdaq: LIQT) ("LiqTech"), a clean technology company that manufactures and markets highly specialized filtration technologies, today announces its financial results for the fourth quarter and fiscal year 2025 for the period ended December 31, 2025. Recent Financial Highlights FY 2025 revenue of $16.5 million, a 13% increase from $14.6 million in FY 2024. Q4 2025 revenue of $3.1 million, compared to $3.4 million in Q4 2024, an 8% decrease. FY 2025 net loss of $(8.6) million compared to $(10.3) million in FY 2024. Q4 2025 net loss of $(2.6) million compared to $(3.0) million in Q4 2024. FY 2025 Adjusted EBITDA of $(5.0) million compared to $(6.1) million in FY 2024. Ending cash balance of $5.1 million on December 31, 2025. Outlook The Company expects FY 2026 revenue to be between $23 million and $27 million which would equate to a 39% to 64% increase from FY 2025. The Company is targeting a positive FY 2026 Adjusted EBITDA in the mid to high range of the revenue guidance assuming constant currency, compared to $(5.0) million in FY 2025. Recent Operational Highlights Total system and aftermarket revenue increased by 49% during the year totaling $8.2 million driven by strong pool system deliveries and the delivery of systems within water for energy, industrial applications and marine water treatment systems. Sold 34 pool systems during the year, a new record for LiqTech. Of those, 24 systems were delivered in 2025, with the remaining 10 scheduled for delivery in early 2026. Pool system revenue totaled $2.6 million for the year compared to $1.2 million in 2024. Delivered and commissioned two commercial systems for new water for energy and industrial applications in 2025, led by an advanced membrane-based filtration system to treat oily wastewater to NorthStar BlueScope Steel, a major U.S.-based steel producer. Marine segment is building renewed momentum, particularly through the Company’s joint venture in China, with the receipt of 3 commercial orders for 8 marine dual-fuel engine water treatment systems during 2025. 5 of the systems are in backlog and are expected to be delivered in 2026. Expanded U.S. presence with Texas service center to support produced water and industrial filtration solutions. Management Commentary "2025 represented a meaningful step forward for LiqTech. For...

Image source: The Motley Fool. Friday, Feb. 27, 2026 at 9 a.m. ET Chief Executive Officer — Fei Chen Chief Financial Officer — David Kowalczyk Investor Relations — Robert Blum Fei Chen: Thank you, Robert, and good day to everyone on the call. 2025 represented a meaningful step forward for LiqTech International, Inc. For the whole year, revenue increased 13%, driven by a 49% increase in total systems and aftermarket revenue, and we made improvements to drive efficiencies across much of our business. That shift toward higher value system sales is central to our long-term strategy and reflects growing adoption of our silicon carbide membrane technology across multiple end markets. We were a few shy of our original revenue guidance. This was primarily due to continued delays with a large OEM in the gas order that remains active in our pipeline. The project is still under discussion, but as we have consistently communicated, the timing of large oil and gas projects is difficult to predict. That said, we understand that we cannot be unpredictable. Our focus needs to be, and is, on building a diversified systems portfolio with stronger visibility and an improved margin profile going forward. In many ways, this has been consistent with our approach since I took over as CEO: to focus on more predictable parts of our business, such as swimming pools, which will be a key driver going forward. We are certainly amplifying this approach in terms of how we allocate our resources. Our commercial pool business was a standout performer in 2025 and delivered the strongest year in the company's history. We shipped 34 pool systems during the year, a new record for LiqTech. Of those, 24 systems were delivered in 2025, with the remaining 10 scheduled for delivery in early 2026. Pool system revenue totaled $2.6 million for the year and was the percentage driver of growth within our systems segment. All systems shipped during the year were based on our proprietary ClariFlow commercial pool filtration platform. ClariFlow is designed to meet the increasingly complex operational, regulatory, and space requirements facing modern aquatic facilities. Compared to conventional media filtration, our system delivers stable and reliable water quality while enabling greater automation and operational efficiency. Its compact and modular design makes it particularly well-suited for retrofit insta...