LIQT Q1 2023 Earnings — LiqTech International, Inc. Revenue & Financial Results | Market Cap Arena

LIQTLiqTech International, Inc.

$15M

Q1 2023 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$4M+10.3% YoY

Gross Profit

$391,3429.8% margin

Operating Income

-$2M-54.7% margin

Net Income

-$2M-59.6% margin

EPS (Diluted)

$-0.42

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$157,173

Balance Sheet

Total Assets

$39M

Total Liabilities

$17M

Stockholders' Equity

$21M

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$4M	+10.3%
Gross Profit	$391,342	$245,541	+59.4%
Operating Income	-$2M	-$3M	+34.2%
Net Income	-$2M	-$4M	+36.2%

Revenue Segments

Water Segment

$1M36%

Ceramics Segment

$1M35%

Plastics Segment

$1M29%

Geographic Segments

Europe

$3M77%

Asia Pacific

$451,89511%

Americas

$333,5308%

Middle East and Africa

$126,3093%