Business
LiqTech International Announces First Quarter 2025 Financial Results
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 2025 for the period ended March 31, 2025.
About this update from Liqtech International, Inc.
[{"type":"text","content":"BALLERUP, Denmark, May 14, 2025 /PRNewswire/ -- 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 2025 for the period ended March 31, 2025.","length":334,"tagName":"p"},{"type":"image","alt":"LiqTech International, Inc. is a clean technology company that manufactures and markets highly specialized filtration products and systems. (PRNewsfoto/LiqTech International, Inc.)","displaySize":"","headline":null,"caption":"LiqTech International, Inc. is a clean technology company that manufactures and markets highly specialized filtration products and systems. (PRNewsfoto/LiqTech International, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":75,"url":"https://media.zenfs.com/en/prnewswire.com/07755ff222aa1c7f86f4993e0f7486f0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Up9gXyHLuaFP4I_jBfaHtQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEzMjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/07755ff222aa1c7f86f4993e0f7486f0","width":400,"height":75}},"href":"https://mma.prnewswire.com/media/1280487/LiqTech_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Recent Financial Highlights","length":27,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Q1 2025 revenue of $4.6 million, a sequential increase of 36% from $3.4 million in Q4 2024, and a 9% increase from $4.2 million in Q1 2024.","length":139,"tagName":"p"}]},{"val":[{"type":"text","content":"Q1 2025 net loss of $(2.4) million compared to $(2.4) million in Q1 2024.","length":73,"tagName":"p"}]},{"val":[{"type":"text","content":"Ending cash balance of $10.4 million on March 31, 2025.","length":55,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":267,"olType":false},{"type":"text","content":"Outlook","length":7,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The Company expects Q2 2025 revenue to be between $4.8 million and $5.2 million which would equate to a 4% to 13% sequential increase from Q1 2025, and a 7% to 16% year-over-year improvement from Q2 2024.","length":204,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":204,"olType":false},{"type":"text","...