LIQT Earnings Prediction
The chart below shows how LIQT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LIQT sees a +11.68% change in stock price 10 days leading up to the earnings, and a +2.71% change 10 days following the report. On the earnings day itself, the stock moves by -2.99%. This data can give you a slight idea of what to expect for the next quarter's release.
LIQT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.48M
-51.12%
-44.75%
Gross Margin
-8.45%
-145.16%
-152.85%
Operating Margin
-104.51%
211.88%
124.66%
Net Margin
-114.62%
310.97%
143.46%
EPS
-0.49
-96.00%
36.11%
No Data Available
LIQT Earnings Analysis
LiqTech International, Inc. Corporation (LIQT.O) Earnings Conference Call
Positive
Increased System Testing: The company has more systems today at various phases of testing and piloting than at any time in our history.
Water Treatment Pilot Success: We have produced water treatment pilot units for the oil and gas industry operation in the field at the moment, one with the Razorback Direct in the U.S. which was shipped in quarter one and operated satisfactorily at the customer site in the past four months.
Pilot Program Success: The success of Razorback pilot is what led to the commercial order we originally was set to ship this quarter as the customer clearly recognized the value in our solutions.
Strong Cash Position: We ended the quarter with a solid balance sheet, holding a pro forma cash balance of more than $13 million.
Cost Reduction Strategy: We have implemented a cost reduction plan aimed at lowering our break-even target, measured on an adjusted EBITDA basis to a quarterly revenue run rate of approximately $5.5 million.
Negative
Revenue Decline Analysis: Revenue decreased by 51% to $2.5 million compared to $5.1 million in the same quarter last year.
Decline in Systems Sales: Systems sales and related services fell to $0.7 million from $2.6 million year-over-year.
Sales Decline Analysis: DPF and ceramic membrane sales dropped to $1.1 million from $1.6 million in the same period last year.
Quarterly Net Loss Comparison: Net loss for the quarter was $2.8 million, compared to $1.4 million for the comparable period of 2023.
Operating Expenses Decrease: Operating expenses for the quarter were $2.4 million, down from $2.6 million in Q3 of last year.
LIQT FAQs
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LIQT Earning Call Sentiment
LiqTech International, Inc. (LIQT) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
LIQT.O
0.55%Positive
The earnings call summary indicates strong financial performance with a 20% YoY revenue increase and improved margins. Despite not providing specific revenue targets, the guidance suggests a 15% YoY growth for Q4 2024. The share buyback program is a positive signal for shareholder returns. While there are risks like supply chain challenges and competitive pressures, management's proactive approach and optimistic outlook for growth and product launches support a positive sentiment. The stock price is likely to increase by 2% to 8% over the next two weeks.