LIQTECH INTERNATIONAL INC (LIQT)
NASDAQIndustrialsIndustrial - Pollution & Treatment ControlsSnapshot 2026-09-04
$0.57-0.65%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsIndustrial - Pollution & Treatment ControlsSnapshot 2026-09-04
Broken: Primary pillar broken — Gross profit improves to at least $393,744 in Q1 2026: gross profit $393.0k vs $393.7k target.
LiqTech is improving its gross profit margin, up $500K from Q4 2025 to Q1 2026. Revenue grew by over $1 million in the same period, showing market expansion. The company is also reducing operating losses by about $400K. These steps suggest progress in fixing the business.
The company remains loss-making with negative EPS expected through 2027. Recent $20 million stock offering dilutes shareholders and may hurt growth. The stock price has fallen 68.6% from its high, reflecting deep market doubts.
The market prices in about 33% revenue growth next year but expects continued losses and negative earnings. Our fair value at $5.30 aligns with this cautious outlook. The stock is cheap versus peers but faces high risk.
Breaks if: new equity offerings exceeding $5 million announced
Breaks if: gross profit falls below $393,744 in Q1 2026
operating loss worsens beyond -$2,277,209 in Q1 2026
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a high-risk play in the industrial sector. The current thesis state is mixed, with recent performance not aligning well with industry peers and a need for improved management execution.
The market appears to have priced in a low valuation compared to peers, indicating expectations for limited growth. However, there is a notable expectations gap, suggesting that current performance is not meeting investor hopes.
Fundamentals are likely to remain weak in the near term, given the company's loss-making status and inconsistent revenue trends. Management's focus on capital raising and margin improvement has not yet translated into consistent financial gains.
The future performance of LIQT hinges on the outcomes of sector bellwethers like VLTO, CECO, and PCT, as well as broader economic factors such as inflation rates. Any shifts in these areas could significantly impact LIQT's trajectory.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The company reported record pool revenue, indicating significant revenue growth. There are no new threats impacting the thesis at this time.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: revenue falls below $21.6 million in FY26
Over the next 1 to 3 years, LIQT's outlook remains uncertain, with significant risks and challenges ahead. Not investment advice.