LiqTech International, Inc. (LIQT)

LiqTech International Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	18.23	18	15.98	18.27	22.53	32.64
Revenue Growth (YoY)	11.43%	12.63%	-12.54%	-18.88%	-30.98%	166.82%
Cost of Revenue	15.57	15.23	15.42	16.7	20.38	25.48
Gross Profit	2.66	2.78	0.57	1.58	2.15	7.16
Selling, General & Admin	8.98	9.16	9.37	10.4	9.12	6.99
Research & Development	1.33	1.42	1.84	1.86	1.28	0.75
Other Operating Expenses	0	0	1.89	0	0	0
Operating Expenses	10.31	10.57	13.1	12.26	10.4	7.74
Operating Income	-7.65	-7.8	-12.53	-10.69	-8.26	-0.58
Interest Expense / Income	0.21	0.15	0.42	0.71	0.12	0.02
Other Expense / Income	0.91	0.83	1.45	-0.21	1.9	-0.34
Pretax Income	-8.78	-8.78	-14.41	-11.19	-10.27	-0.26
Income Tax	-0.21	-0.21	-0.24	-0.06	-0.47	-0.3
Net Income	-8.57	-8.57	-14.17	-11.13	-9.81	0.04
Shares Outstanding (Basic)	6	6	4	3	3	2
Shares Outstanding (Diluted)	6	6	4	3	3	2
Shares Change	2.67%	28.57%	64.12%	1.69%	7.84%	23.22%
EPS (Basic)	-1.50	-1.51	-3.20	-4.16	-3.68	-
EPS (Diluted)	-1.50	-1.51	-3.20	-4.16	-3.68	-
Free Cash Flow	-6.1	-7.07	-13.73	-8.34	-6.31	-7.09
Free Cash Flow Per Share	-1.05	-1.24	-3.10	-3.09	-2.38	-2.89
Gross Margin	14.57%	15.42%	3.55%	8.63%	9.53%	21.95%
Operating Margin	-41.99%	-43.32%	-78.42%	-58.49%	-36.65%	-1.77%
Profit Margin	-47.02%	-47.61%	-88.65%	-60.89%	-43.54%	0.12%
Free Cash Flow Margin	-33.48%	-39.27%	-85.90%	-45.62%	-27.99%	-21.73%
EBITDA	-5.5	-5.48	-11.4	-7.74	-7.33	1.1
EBITDA Margin	-30.20%	-30.47%	-71.33%	-42.37%	-32.52%	3.38%
Depreciation & Amortization	3.06	3.14	2.59	2.74	2.83	1.34
EBIT	-8.56	-8.63	-13.99	-10.48	-10.15	-0.24
EBIT Margin	-46.99%	-47.92%	-87.51%	-57.36%	-45.07%	-0.73%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).