Company Quick10K Filing
Liqtech International
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 21 $196
10-Q 2019-11-14 Quarter: 2019-09-30
10-Q 2019-08-14 Quarter: 2019-06-30
10-Q 2019-05-14 Quarter: 2019-03-31
10-K 2019-04-01 Annual: 2018-12-31
10-Q 2018-11-14 Quarter: 2018-09-30
10-Q 2018-08-14 Quarter: 2018-06-30
10-Q 2018-05-15 Quarter: 2018-03-31
10-K 2018-03-23 Annual: 2017-12-31
10-Q 2017-11-14 Quarter: 2017-09-30
10-Q 2017-08-14 Quarter: 2017-06-30
10-Q 2017-05-15 Quarter: 2017-03-31
10-K 2017-03-30 Annual: 2016-12-31
10-Q 2016-11-14 Quarter: 2016-09-30
10-Q 2016-08-11 Quarter: 2016-06-30
10-Q 2016-05-12 Quarter: 2016-03-31
10-K 2016-03-23 Annual: 2015-12-31
10-Q 2015-11-12 Quarter: 2015-09-30
10-Q 2015-08-13 Quarter: 2015-06-30
10-Q 2015-05-14 Quarter: 2015-03-31
10-K 2015-03-25 Annual: 2014-12-31
10-Q 2014-11-13 Quarter: 2014-09-30
10-Q 2014-08-12 Quarter: 2014-06-30
10-Q 2014-05-15 Quarter: 2014-03-31
10-K 2014-03-27 Annual: 2013-12-31
10-Q 2013-11-14 Quarter: 2013-09-30
10-Q 2013-08-14 Quarter: 2013-06-30
10-Q 2013-05-15 Quarter: 2013-03-31
10-K 2013-03-27 Annual: 2012-12-31
10-Q 2012-11-14 Quarter: 2012-09-30
10-Q 2012-08-14 Quarter: 2012-06-30
10-Q 2012-05-15 Quarter: 2012-03-31
10-K 2012-03-29 Annual: 2011-12-31
10-Q 2011-11-15 Quarter: 2011-09-30
10-Q 2011-08-11 Quarter: 2011-06-30
10-Q 2011-05-10 Quarter: 2011-03-31
10-K 2011-03-28 Annual: 2010-12-31
10-Q 2010-11-02 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-10 Quarter: 2010-03-31
10-K 2010-03-19 Annual: 2009-12-31
8-K 2019-12-01 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-09-19 Shareholder Vote
8-K 2019-05-22 Enter Agreement, Other Events, Exhibits
8-K 2019-03-28 Earnings, Shareholder Rights, Other Events, Exhibits
8-K 2019-03-11 Officers, Other Events, Exhibits
8-K 2019-01-15 Officers
8-K 2018-12-07 Shareholder Vote
8-K 2018-11-01 Officers, Other Events, Exhibits
8-K 2018-07-30 Officers
8-K 2018-07-23 Accountant, Exhibits
8-K 2018-07-02 Officers, Other Events, Exhibits
8-K 2018-06-07 Other Events, Exhibits
8-K 2018-04-12 Enter Agreement, Other Events, Exhibits

Liqtech International Financials

LIQT Metrics, Comps, Filings

Annual | Quarterly

Business

LiqTech International, Inc. is 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 (DPFs) for the control of soot exhaust particles from diesel engines. 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. The products are shipped directly to customers from our production facilities in the United States and Denmark.

The terms “LiqTech”, “we”, “our”, “us”, the “Company” or any derivative thereof, as used herein refer to LiqTech International, Inc., a Nevada corporation, together with its direct and indirect wholly owned subsidiaries, including LiqTech USA, Inc., a Delaware corporation (“LiqTech USA”), which owns all of the outstanding equity interest in LiqTech International A/S, a Danish limited company, organized under the Danish Act on Limited Companies of the Kingdom of Denmark (“LiqTech Int. DK”), together with its direct wholly owned subsidiary LiqTech Systems A/S, a Danish limited company, organized under the Danish Act on Limited Companies of the Kingdom of Denmark (“LiqTech Systems”) and LiqTech NA, Inc., a Delaware corporation (“LiqTech Delaware”). Collectively, LiqTech USA, LiqTech Int. DK, LiqTech Systems and LiqTech Delaware are referred to herein as our “Subsidiaries”.

We conduct operations in the Kingdom of Denmark and the United States. Our Danish operations are located in the Copenhagen area and in Hobro, and our U.S. operations are conducted in White Bear Lake, Minnesota.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
ACM Research (ACMR) 287,251 46% 17.2 10% 120,269 60,554 93,516 42,560 12,307 15,133 259,673
Hurco (HURC) 270,624 31% 5.7 8% 305,889 69,932 286,439 88,819 23,699 35,823 204,521
Geospace Technologies (GEOS) 214,023 29% -59.1 -5% 195,719 25,695 90,729 26,295 -9,025 -3,355 198,425
Maxwell Technologies (MXWL) 209,257 4% -5.4 -28% 161,879 85,942 77,481 2,791 -44,963 -37,191 199,434
Graham (GHM) 205,031 24% 347.1 -2% 145,331 47,386 82,873 19,481 -2,549 551 191,263
Liqtech International (LIQT) 195,614 17% -186.6 -5% 35,574 11,726 22,961 4,016 -1,837 -977 182,257
Lifetime Brands (LCUT) 194,485 35% 3.8 -0% 822,701 559,597 730,184 256,932 -445 47,897 183,950
Twin Disc (TWIN) 189,336 30% 8.5 3% 346,870 164,052 302,663 89,641 10,748 25,721 219,465
CompX (CIX) 188,575 31% 6.0 9% 171,433 14,614 122,335 38,095 15,512 24,567 146,658
Eastern (EML) 160,208 24% 8.0 7% 185,413 85,110 239,818 57,769 12,248 21,088 168,940
Ultralife (ULBI) 136,507 29% 17.3 17% 141,738 35,687 89,536 25,700 23,912 8,394 145,473
Exone (XONE) 126,302 59% -67.2 -9% 73,698 18,126 41,447 24,519 -6,530 -1,793 120,487
Capstone Systems (CPST) 124,106 100% -311.9 -98% 406 1,594 226 225 -398 -398 124,076
Manitex (MNTX) 108,735 18% 29.1 -3% 226,754 134,679 239,917 43,289 -6,579 3,902 113,657
Acme United (ACU) 108,663 37% 18.3 4% 117,030 62,228 137,451 50,386 4,876 7,979 146,127
Eastman Kodak (KODK) 107,930 12% -0.2 13% 1,431,000 1,071,000 1,194,000 149,000 188,000 244,000 -44,070
Intevac (IVAC) 105,989 34% 41.8 4% 123,879 35,532 98,183 33,654 5,310 1,941 81,203
Coda Octopus Group (CODA) 99,538 67% 8.9 25% 33,344 4,428 24,874 16,584 8,224 10,203 90,912
Ekso Bionics (EKSO) 95,866 45% -4.3 -81% 25,583 20,179 12,724 5,732 -20,732 -20,001 86,544
UQM Technologies (UQM) 93,329 8% -14.4 -48% 14,974 10,813 16,247 1,301 -7,121 -6,577 94,860

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash1,0333,8734,88421929302,4863,776
Accounts Receivable5,3002,8552,3411,9923,1921,1121,1251,308
Inventory2,9814,1124,2594,9154,9175,1754,6624,432
PP&E6,6476,65013,1664,5243,5392,6341,9591,432
Assets17,99519,04020,23531,42628,07411,41211,68013,159
Accounts Payable3,0272,2891,5872,3373,4552,2631,7752,122
Long-Term Debt350400
Liabilities11,2514,4875,1014,4615,5065,1434,7684,620
Stockholders' Equity
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue21,19216,92212,82614,56115,81313,90611,34312,232
Cost of Revenue16,16414,21811,51412,46412,59812,47411,13611,166
Gross Profit5,0282,7041,3122,0973,2141,4322071,066
R&D502742500336708626537661
SG&A3,4285,8565,7156,3805,5376,1624,0984,891
Tax360-1,1661111-318-365
Net Income999-2,774-4,847-3,082-2,188-16,419-4,460-3,815
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating5-478-2,141-5,734-2,091416-3,315-3,914
Cash Investing-947-1,743-648-2,331-593-374-124-171
Cash Financing1,7435,0023,67510,452-223-2034,1056,017