Liqtech Internat Stock Price, News & Analysis

LiqTech International reported third quarter 2021 revenue of $4.1 million, a 17% increase year-over-year, but incurred a net loss of $2.9 million. The company has a solid cash position of $20.7 million. Supply chain disruptions impacted shipments, but management anticipates a strong backlog entering 2022. Notable orders include Chevron for offshore drilling and Baker Hughes for the Middle East market. Fourth quarter revenue guidance is set between $6 million and $8 million, with expectations for 2022 revenues ranging from $50 million to $80 million.

LiqTech International, Inc. (NASDAQ: LIQT) will announce its third quarter 2021 financial results on November 11, 2021, before market opens. A conference call is scheduled for the same day at 9:00 a.m. ET, accessible via dialing (833) 535-2206 or online through a live webcast. The replay will be available until November 18, 2021. This clean technology company specializes in advanced filtration solutions and aims to provide unique purification technologies for water and gas applications.

LiqTech International, Inc. (NASDAQ: LIQT) announced its first oil and gas order valued at approximately $4.0 million through its joint venture in the Middle East. This milestone order was placed by a major oil field services company and represents LiqTech's entry into a large addressable market, utilizing its proprietary silicon carbide ceramic filtration technology. The company is optimistic about securing additional orders and expects revenue from both system sales and a fixed rental fee arrangement. A conference call will be held on October 7, 2021 to discuss further updates.

LiqTech International, Inc. (NASDAQ: LIQT) reported Q2 2021 financial results with revenue of $4.0 million, down 13% year-over-year. The company faced a net loss of $3.1 million, attributed to lower demand in the marine scrubber market due to the COVID-19 pandemic. However, LiqTech achieved positive cash flow from operations of $0.4 million and ended the quarter with a strong cash balance of $25.1 million. The company secured a $15 million convertible note to support growth and received orders for new applications in the oil & gas and marine industries.

LiqTech International, Inc. (NASDAQ: LIQT), a clean technology company, will report its second-quarter financial results on August 16, 2021, before the market opens. A conference call will be held at 9:00 a.m. ET on the same day to discuss the findings. LiqTech specializes in ceramic silicon carbide filtration technologies for gas and liquid purification and offers solutions for challenging water purification applications. Investors and interested parties can access the conference call by calling the provided numbers and view the transcript post-call on the company's investor relations website.

LiqTech International, Inc. (LIQT) reported a challenging first quarter for 2021, with revenue dropping to $4.0 million, a 61% decline compared to $10.3 million in Q1 2020. The net loss for the quarter was $2.5 million. Despite these results, the company highlighted a strong cash position of $10.7 million and an improvement in order intake, marking the highest levels in over a year. Significant opportunities were noted in the marine scrubber market, with first orders for black carbon reduction in China and a $15 million convertible note secured to support growth plans.

LiqTech International, Inc. (NASDAQ: LIQT) will release its Q1 2021 financial results on May 12, 2021, before market opening. A conference call is scheduled for the same day at 9:00 a.m. ET, providing an opportunity for management to discuss the results with stakeholders. LiqTech specializes in advanced filtration technologies and aims to address challenging water purification needs. The company is urging stakeholders to review its risk disclosures when interpreting forward-looking statements.

LiqTech International (NASDAQ: LIQT) has announced its participation in the Lytham Partners Spring 2021 Investor Conference on March 30, 2021, at 8:00 AM ET. The company specializes in advanced filtration technologies, focusing on gas and liquid purification. A webcast of the presentation will be available on their website, along with archived access for later viewing. Management will also engage in virtual one-on-one meetings during the event, which runs until April 1, 2021. For more details, please visit LiqTech's Investor Relations page.

LiqTech International reported a 2020 revenue of $22.5 million, down 31% from $32.6 million in 2019, with a significant net loss of $9.8 million. Despite the challenges posed by COVID-19, the company maintains a strong cash balance of $13.3 million and has increased R&D investment by 70%. A $15 million convertible note was secured to fund future investments. Management anticipates improvement in the marine scrubber market and plans to build a facility in China targeting black carbon emissions reduction.