Welcome to our dedicated page for Liqtech Internat news (Ticker: LIQT), a resource for investors and traders seeking the latest updates and insights on Liqtech Internat stock.
LiqTech International, Inc. (LIQT) is a leading innovator in ceramic silicon carbide filtration systems, providing sustainable solutions for global air and water purification challenges. This news hub offers investors and industry professionals centralized access to official corporate developments and market-moving updates.
Find timely information on financial results, technology breakthroughs, and strategic partnerships directly impacting LiqTech's position in clean technology sectors. Our curated feed includes earnings announcements, product launch details, and regulatory filings – essential for understanding the company's progress in diesel emission control and industrial water treatment markets.
Key updates cover ceramic membrane advancements, global project deployments, and sustainability initiatives across LiqTech's core markets: transportation, energy, and municipal infrastructure. Bookmark this page for efficient tracking of how LIQT's nanotechnology-driven solutions address evolving environmental regulations worldwide.
LiqTech International (NASDAQ: LIQT), a specialized filtration technology company, has announced its participation in the upcoming Lytham Partners 2025 Industrials & Basic Materials Investor Summit. The virtual event will feature a webcasted fireside chat scheduled for April 1, 2025, at 10:30 a.m. ET.
Investors can access the webcast through the conference homepage or via a direct link. A replay option will be available following the event. Additionally, the company is offering one-on-one investor meetings which can be arranged through Lytham Partners representatives.
LiqTech International (LIQT) reported Q4 2024 financial results with revenue of $3.4 million, up 37% sequentially but down 13% year-over-year. Full-year 2024 revenue decreased 19% to $14.6 million, with a net loss of $(10.3) million compared to $(8.6) million in 2023.
The company implemented cost reduction strategies including a 10% headcount reduction, 10% salary cuts for senior management, and 50% reduction in board compensation. The break-even target is now set at $5.5-6.0 million quarterly revenue.
Key highlights include a record commercial order for PureFlow™ mobile units, three operational pilot units for various markets including lithium harvesting, and new swimming pool system deliveries. Q1 2025 guidance projects revenue between $4.3-4.7 million, representing 26-38% sequential growth.
LiqTech International (NASDAQ: LIQT), a specialized filtration technology company, has scheduled its Fourth Quarter and Fiscal Year 2024 financial results announcement for Friday, March 28, 2025, before market opening. The company will host a conference call at 9:00 a.m. ET on the same day to discuss the results.
Investors and interested parties can join the conference call by dialing (833) 535-2206 or (412) 902-6741. A live webcast will be available through the company's Investor Relations website. For those unable to attend, a seven-day teleconference replay will be accessible via (877) 344-7529 or (412) 317-0088 using replay code 9257410.
LiqTech International (NASDAQ: LIQT) has announced a distribution and partnership agreement with PoolCourt Engineering for the Irish commercial swimming pool market. The agreement covers LiqTech's full PurePool™ product range, with initial delivery scheduled for Q2 2025.
PoolCourt, established in 1989, specializes in swimming pools, spas, and related facilities in the Irish leisure market. The partnership aligns with LiqTech's strategic expansion goals in Europe and leverages their silicon carbide filtration technology.
The PurePool™ filtration system demonstrates significant advantages over traditional systems, including:
- 80% reduction in water consumption
- 60% lower energy costs
- 30% less chlorine usage
- One-third space requirement compared to conventional systems
LiqTech International (NASDAQ: LIQT) has received supplier approval for its Water Treatment System (WTS) for WinGD 2-stroke dual-fuel engines. The company's technology enables 80-95% water reuse through its patented silicon carbide ceramic membranes, with over 170 marine systems installed globally.
The approval allows LiqTech to supply systems directly to WinGD, its licensees, and authorized partners. The marine industry's shift toward cleaner fuel applications has created significant opportunities, with approximately 400 new vessels ordered with EGR solutions planned between 2024-2027.
LiqTech currently maintains a market share exceeding 20% in marine scrubbers, including hybrid and closed-loop systems. Their marine water treatment systems have demonstrated superior efficiency and reliability since their introduction seven years ago.
LiqTech International (NASDAQ: LIQT) has appointed David Kowalczyk as Chief Financial and Chief Operating Officer, effective March 1, 2025. Kowalczyk brings over 20 years of leadership experience in global industrial companies, with expertise in finance, strategy, equity analysis, audit, and operational management.
His previous roles include VP of Business Finance and Systems at Hempel A/S, CFO at Globus Wine, VP at Flügger, Business Finance Director at Novozymes, and positions at PricewaterhouseCoopers and Nordea Securities. Kowalczyk holds dual master's degrees from Copenhagen Business School in Auditing and Accounting, and Finance and Investments.
Current Interim CFO Phillip Massie Price will step down upon Kowalczyk's arrival but will remain until April 30, 2025, to ensure a smooth transition.
LiqTech International (NASDAQ: LIQT) has secured its first commercial order for LiqTech PureFlow™ mobile units from Razorback Direct in Houston, Texas. These fully automated, containerized units are designed for water treatment in remote energy operations, capable of treating produced water to achieve 1-3 ppm of oil content without pretreatment.
The units feature remote monitoring capabilities, require minimal manpower, and come with a 5-year membrane warranty. Following successful pilot testing earlier this year, the units will be deployed in the North American Region, with delivery expected in Q1 2025. The technology demonstrated superior performance in handling complex water streams and generating lower waste volumes compared to competing technologies.
LiqTech International reported Q3 2024 financial results with revenue of $2.5 million, a 51% decrease from Q3 2023, primarily due to a delayed North American water treatment project. The company posted a gross loss margin of (8.5)% and a net loss of $(2.8) million. Key operational highlights include entering a joint venture with JiTRI for marine water treatment in China, receiving new pilot project orders, and implementing cost reduction strategies including a 10% headcount reduction. The company's cash balance was $4.5 million, with an additional $8.8 million raised through a private placement. Q4 2024 revenue guidance is set at $3.3-$4.3 million.
LiqTech International (NASDAQ: LIQT) has secured an order from a leading technology company for lithium brine production in the U.S. The company's ultrafiltration (UF) membrane technology will serve as a pre-treatment step for enhancing the ion exchange process in lithium extraction. The system demonstrates superior performance in small-scale tests and will be delivered in Q4 2024. This development aligns with the growing demand for lithium in electric vehicle batteries, where traditional production methods need replacement with more efficient technologies.
LiqTech International (NASDAQ: LIQT), a high-tech filtration company, has scheduled its third quarter 2024 financial results announcement for Thursday, November 14, 2024, before market opening. The company will host a conference call at 9:00 a.m. ET on the same day to discuss the results. Interested parties can join via phone at (833) 535-2206 or (412) 902-6741, or through a live webcast available on the company's investor relations website. A replay will be accessible until November 21, 2024.
