Filing Flows › Liqtech International (LIQT) › Q4 2024
Liqtech International (LIQT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 28, 2025
Liqtech International (LIQT) reported revenue of $3.4M for the fourth quarter 2024 (Q4 2024), -13% from a year earlier and +37% from the quarter before. Operating margin was -81.2%, net loss $3.0M (88.2% of revenue).
Liqtech International, Q4 2024: revenue $3.4M (-13% year over year), operating margin -81.2%, net loss $3.0M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4M | +37% | -13% |
| Operating profit | −$2.8M | — | — |
| Net earnings | −$3.0M | — | — |
| Operating cash flow | −$2.0M | — | — |
What changed
Revenue was $3.4M in Q4 2024, down 13% year over year and up 37% from the previous quarter.
Operating costs exceeded revenue by $2.8M, an operating margin of -81.2%. The fastest-growing cost line was Research & development (+43%). The quarter ended with a net loss of $3.0M, wider than the previous quarter's $2.8M loss.
Operating cash flow was −$2.0M. Non-cash charges added back $539K of depreciation and amortization and $143K of share-based compensation. Working capital and other items added $318K. Capital expenditures of $390K exceeded it, leaving free cash flow of −$2.4M.
Questions
What was Liqtech International's revenue in the fourth quarter 2024?
Liqtech International (LIQT) reported revenue of $3.4M for the fourth quarter 2024 (Q4 2024), -13% from a year earlier and +37% from the quarter before.
Was Liqtech International profitable in the fourth quarter 2024?
Operating loss was $2.8M (-81.2% of revenue) and net loss $3.0M.