For the year ending 2025-12-31, LIQT made $16,507,558 in revenue. -$8,527,683 in net income. Net profit margin of -51.66%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 16,507,558 | 14,604,618 | ||
| Cost of goods sold | 15,257,035 | 14,353,713 | ||
| Gross profit | 1,250,523 | 250,905 | ||
| Selling expenses | 2,718,047 | 2,725,239 | ||
| General and administrative expenses | 5,677,525 | 5,661,455 | ||
| Research and development expenses | 1,163,651 | 1,352,060 | ||
| Total operating expenses | 9,559,223 | 9,738,754 | ||
| Loss from operations | -8,308,700 | -9,487,849 | ||
| Interest expense | - | 167,556 | ||
| Interest and other income | 445,496 | 178,834 | ||
| Interest and other expense | 315,458 | - | ||
| Amortization of debt discount | 426,982 | 615,552 | ||
| Gain (loss) on foreign currency transactions | 67,917 | 164,310 | ||
| Gain (loss) on disposal of property and equipment | -65,667 | -456,282 | ||
| Total other expense | -294,694 | -896,246 | ||
| Loss before income taxes | -8,603,394 | -10,384,095 | ||
| Income tax benefit | -1,454 | -38,837 | ||
| Net loss | -8,601,940 | - | ||
| Net loss attributable to noncontrolling interest | -74,257 | - | ||
| Net loss attributable to liqtech international, inc | -8,527,683 | -10,345,258 | ||
| Basic EPS | -0.89 | -1.64 | ||
| Basic Average Shares | 9,614,426 | 6,310,379 | ||
LIQTECH INTERNATIONAL INC (LIQT)
LIQTECH INTERNATIONAL INC (LIQT)