LiqTech International Future Growth

Future criteria checks 2/6

LiqTech International is forecast to grow earnings and revenue by 38.5% and 23.8% per annum respectively while EPS is expected to grow by 38.5% per annum.

Key information

38.5%

Earnings growth rate

38.5%

EPS growth rate

Machinery earnings growth	9.4%
Revenue growth rate	23.8%
Future return on equity	n/a
Analyst coverage	Low
Last updated	29 Mar 2024

Recent future growth updates

Recent updates

LiqTech International, Inc. (NASDAQ:LIQT) Analysts Are More Bearish Than They Used To Be

Aug 18

Analysts Just Shaved Their LiqTech International, Inc. (NASDAQ:LIQT) Forecasts Dramatically

May 18

Analysts Have Lowered Expectations For LiqTech International, Inc. (NASDAQ:LIQT) After Its Latest Results

May 15

LiqTech EPS misses by $0.11, misses on revenue

Nov 09

Earnings and Revenue Growth Forecasts

NasdaqCM:LIQT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	29	-3	2	-2	2
12/31/2024	21	-8	-2	-6	2
12/31/2023	18	-9	-7	-4	N/A
9/30/2023	18	-8	-7	-4	N/A
6/30/2023	16	-8	-7	-5	N/A
3/31/2023	16	-13	-11	-9	N/A
12/31/2022	16	-14	-14	-12	N/A
9/30/2022	18	-15	-15	-14	N/A
6/30/2022	19	-16	-18	-17	N/A
3/31/2022	18	-12	-12	-11	N/A
12/31/2021	18	-11	-8	-7	N/A
9/30/2021	16	-12	-8	-6	N/A
6/30/2021	16	-13	-7	-5	N/A
3/31/2021	16	-13	-5	-2	N/A
12/31/2020	23	-10	-6	-3	N/A
9/30/2020	25	-7	-6	-1	N/A
6/30/2020	31	-2	-3	2	N/A
3/31/2020	35	0	-9	-6	N/A
12/31/2019	33	0	-7	-5	N/A
9/30/2019	29	0	-5	-5	N/A
6/30/2019	23	-2	-6	-6	N/A
3/31/2019	17	-2	-3	-3	N/A
12/31/2018	12	-4	-4	-4	N/A
9/30/2018	12	-4	-5	-4	N/A
6/30/2018	11	-4	-5	-5	N/A
3/31/2018	11	-5	-5	-5	N/A
12/31/2017	11	-4	-3	-3	N/A
9/30/2017	11	-15	N/A	-1	N/A
6/30/2017	12	-14	N/A	-1	N/A
3/31/2017	13	-13	N/A	0	N/A
12/31/2016	14	-16	N/A	0	N/A
9/30/2016	16	-5	N/A	-1	N/A
6/30/2016	20	-3	N/A	-1	N/A
3/31/2016	17	-5	N/A	-1	N/A
12/31/2015	16	-2	N/A	-2	N/A
9/30/2015	13	-4	N/A	-4	N/A
6/30/2015	11	-5	N/A	-4	N/A
3/31/2015	13	-3	N/A	-6	N/A
12/31/2014	15	-3	N/A	-6	N/A
9/30/2014	16	-3	N/A	-4	N/A
6/30/2014	14	-4	N/A	-4	N/A
3/31/2014	13	-5	N/A	-3	N/A
12/31/2013	13	-5	N/A	-2	N/A
9/30/2013	13	-5	N/A	-1	N/A
6/30/2013	13	-5	N/A	-2	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LIQT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LIQT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LIQT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LIQT's revenue (23.8% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: LIQT's revenue (23.8% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if LIQT's Return on Equity is forecast to be high in 3 years time

LiqTech International Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus revenue estimates fall by 16%

LiqTech International, Inc. Provides Revenue Guidance for the First Quarter of 2024

No longer forecast to breakeven

Price target decreased by 19% to US$13.00

Liqtech International, Inc. Provides Earnings Guidance for the Full Year 2023

Consensus EPS estimates fall by 15%

Recent updates

Consensus revenue estimates fall by 16%

New minor risk - Shareholder dilution

Full year 2023 earnings: Revenues miss analyst expectations

LiqTech International, Inc. Provides Revenue Guidance for the First Quarter of 2024

LiqTech International, Inc. to Report Q4, 2023 Results on Mar 21, 2024

New minor risk - Profitability

No longer forecast to breakeven

LiqTech International, Inc. (NASDAQ:LIQT) Could Be Riskier Than It Looks

LiqTech International, Inc. Announces Resignation of Simon Stadil as Chief Financial Officer, Effective April 10, 2024

Second quarter 2023 earnings released: US$0.28 loss per share (vs US$1.62 loss in 2Q 2022)

Price target decreased by 19% to US$13.00

Liqtech International, Inc. Provides Earnings Guidance for the Full Year 2023

LiqTech International, Inc. to Report Q3, 2023 Results on Nov 09, 2023

LiqTech International, Inc., Annual General Meeting, Nov 09, 2023

Is LiqTech International (NASDAQ:LIQT) Weighed On By Its Debt Load?

Second quarter 2023 earnings released: US$0.28 loss per share (vs US$1.62 loss in 2Q 2022)

Consensus EPS estimates fall by 15%

LiqTech International, Inc. Provides Earnings Guidance for the Full Year of 2023

LiqTech International, Inc. to Report Q2, 2023 Results on Aug 10, 2023

Less than half of directors are independent

Less than half of directors are independent

Forecast breakeven date pushed back to 2025

LiqTech International, Inc. Announces Board Succession Change and Appointment of New Director

First quarter 2023 earnings: EPS misses analyst expectations

LiqTech International, Inc. Provides Revenue Guidance for the Second Quarter of 2023

LiqTech International, Inc. to Report Q1, 2023 Results on May 11, 2023

Forecast breakeven date pushed back to 2025

Consensus revenue estimates fall by 40%

Liqtech Receives System Order for Oil & Gas MEG Recovery

Consensus forecasts updated

Consensus forecasts updated

Liqtech International, Inc. Appoints Tobias Baldrian Madsen as Head of Strategy and Business Intelligence

LiqTech International, Inc. Launches Enhanced Aqua Solution Membrane for Commercial Pool and Spa Market

LiqTech International, Inc. to Report Q3, 2022 Results on Nov 10, 2022

LiqTech International, Inc., Annual General Meeting, Nov 07, 2022

Consensus revenue estimates fall by 21%

LiqTech International, Inc. Announces Chief Executive Officer Changes

Liqtech International, Inc. Appoints Fei Chen as Its New Chief Executive Officer, Effective September 12, 2022

LiqTech International's new CEO Fei Chen to join early in September

Consensus revenue estimates fall by 19%

LiqTech International, Inc. Provides Revenue Guidance for the Third Quarter and Full Year of 2022

Second quarter 2022 earnings released: US$0.20 loss per share (vs US$0.14 loss in 2Q 2021)

LiqTech GAAP EPS of -$0.20 misses by $0.15, revenue of $5.02M beats by $0.02M

LiqTech International, Inc. to Report Q2, 2022 Results on Aug 11, 2022

LiqTech International, Inc. Appoints Fei Chen as President and to Board of Directors, Effective on or Before November 1, 2022

LiqTech International rallies after new CEO announcement

LiqTech International Receives Deficiency Notice from Nasdaq

LiqTech International, Inc. announced that it has received $6 million in funding from Bleichroeder LP

Consensus forecasts updated

Insider recently bought US$688k worth of stock

First quarter 2022 earnings: EPS and revenues miss analyst expectations

LiqTech International: Elevated Cash Burn Requires Emergency Capital Raise

Price target decreased to US$6.00

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

LiqTech International: A Serious Case Of Overpromise And Underdeliver - Sell

LiqTech International, Inc. to Report Q4, 2021 Results on Mar 24, 2022

Is LiqTech International (NASDAQ:LIQT) Using Debt In A Risky Way?

Price target increased to US$14.00

Insider recently bought US$193k worth of stock

Insider recently bought US$141k worth of stock

Insider recently bought US$407k worth of stock

Chief Financial Officer Claus Toftegaard has left the company

Third quarter 2021 earnings released: US$0.14 loss per share (vs US$0.18 loss in 3Q 2020)

LiqTech International (NASDAQ:LIQT) Has Debt But No Earnings; Should You Worry?

Second quarter 2021 earnings released: US$0.14 loss per share (vs US$0.12 loss in 2Q 2020)

LiqTech International, Inc. (NASDAQ:LIQT) Analysts Are More Bearish Than They Used To Be

Price target decreased to US$9.67

Analysts Just Shaved Their LiqTech International, Inc. (NASDAQ:LIQT) Forecasts Dramatically

Analysts Have Lowered Expectations For LiqTech International, Inc. (NASDAQ:LIQT) After Its Latest Results