LiqTech International Inc. Reports 2024 Results
Ticker: LIQT · Form: 10-K · Filed: Mar 28, 2025 · CIK: 1307579
| Field | Detail |
|---|---|
| Company | Liqtech International INC (LIQT) |
| Form Type | 10-K |
| Filed Date | Mar 28, 2025 |
| Risk Level | medium |
| Sentiment | bearish |
Sentiment: bearish
Topics: financials, annual-report, loss
TL;DR
LiqTech lost $5.7M on $9.5M sales in 2024. Foreign currency and write-offs impacted results.
AI Summary
LiqTech International Inc. filed its 2024 10-K on March 28, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The company's net sales were $9,475,443, with a net loss of $5,727,310. The filing details its operations, financial position, and risk factors, including the impact of foreign currency exchange rates and potential write-offs.
Why It Matters
This filing provides investors with a comprehensive overview of LiqTech's financial health and operational performance for the past fiscal year, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The company reported a net loss and its financial performance can be affected by factors like foreign currency fluctuations and potential write-offs.
Key Numbers
- $9,475,443 — Net Sales (Total revenue for the fiscal year 2024.)
- $5,727,310 — Net Loss (Total loss incurred during the fiscal year 2024.)
- 2024-12-31 — Fiscal Year End (The end date of the reporting period.)
Key Players & Entities
- LIQTECH INTERNATIONAL INC (company) — Filer
- 2024-12-31 (date) — Fiscal Year End
- 2025-03-28 (date) — Filing Date
- $9,475,443 (dollar_amount) — Net Sales for FY 2024
- $5,727,310 (dollar_amount) — Net Loss for FY 2024
FAQ
What were LiqTech International Inc.'s total net sales for the fiscal year ended December 31, 2024?
LiqTech International Inc.'s total net sales for the fiscal year ended December 31, 2024, were $9,475,443.
What was the net loss for LiqTech International Inc. for the fiscal year ended December 31, 2024?
The net loss for LiqTech International Inc. for the fiscal year ended December 31, 2024, was $5,727,310.
When did LiqTech International Inc. file its 10-K report for the fiscal year 2024?
LiqTech International Inc. filed its 10-K report for the fiscal year 2024 on March 28, 2025.
What are some factors that impacted LiqTech's financial results as mentioned in the filing?
The filing mentions that the results include write-offs and the impact of foreign currency exchange rates.
What is the Standard Industrial Classification code for LiqTech International Inc.?
The Standard Industrial Classification code for LiqTech International Inc. is 3590, which corresponds to MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 28, 2025 regarding LIQTECH INTERNATIONAL INC (LIQT).