LiqTech International Inc
NASDAQ:LIQT
Income Statement
Earnings Waterfall
LiqTech International Inc
Revenue
|
18m
USD
|
Cost of Revenue
|
-15.2m
USD
|
Gross Profit
|
2.8m
USD
|
Operating Expenses
|
-10.6m
USD
|
Operating Income
|
-7.8m
USD
|
Other Expenses
|
-772.1k
USD
|
Net Income
|
-8.6m
USD
|
Income Statement
LiqTech International Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
13
N/A
|
13
-2%
|
14
+9%
|
16
+14%
|
15
-8%
|
13
-8%
|
11
-17%
|
13
+18%
|
16
+20%
|
17
+10%
|
20
+13%
|
16
-16%
|
14
-15%
|
13
-5%
|
12
-8%
|
11
-10%
|
11
+4%
|
11
-5%
|
11
+6%
|
12
+8%
|
12
-1%
|
17
+41%
|
23
+33%
|
29
+28%
|
33
+11%
|
36
+9%
|
31
-13%
|
25
-20%
|
23
-9%
|
16
-28%
|
16
-4%
|
16
+4%
|
18
+13%
|
18
-2%
|
19
+6%
|
18
-4%
|
16
-12%
|
16
+2%
|
16
0%
|
18
+11%
|
18
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(12)
|
(11)
|
(12)
|
(13)
|
(12)
|
(12)
|
(11)
|
(12)
|
(13)
|
(13)
|
(14)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(15)
|
(19)
|
(23)
|
(25)
|
(27)
|
(24)
|
(21)
|
(20)
|
(17)
|
(16)
|
(16)
|
(17)
|
(16)
|
(17)
|
(17)
|
(15)
|
(16)
|
(15)
|
(16)
|
(15)
|
|
Gross Profit |
1
N/A
|
1
N/A
|
2
+43%
|
3
+65%
|
2
-31%
|
1
-29%
|
0
-95%
|
1
+1 050%
|
3
+249%
|
4
+25%
|
6
+42%
|
4
-34%
|
1
-62%
|
1
-33%
|
0
-98%
|
(1)
N/A
|
0
N/A
|
(0)
N/A
|
0
N/A
|
1
+179%
|
1
+13%
|
3
+144%
|
4
+54%
|
6
+48%
|
7
+20%
|
8
+16%
|
7
-19%
|
4
-38%
|
2
-49%
|
(0)
N/A
|
(1)
-44%
|
(0)
+91%
|
2
N/A
|
2
+8%
|
2
-10%
|
1
-6%
|
1
-61%
|
1
+26%
|
2
+140%
|
3
+49%
|
3
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(7)
|
(14)
|
(14)
|
(14)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(11)
|
(12)
|
(10)
|
(10)
|
(11)
|
|
Selling, General & Administrative |
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(7)
|
(6)
|
(6)
|
(6)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
|
Research & Development |
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(7)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(6)
N/A
|
(6)
-4%
|
(6)
+12%
|
(5)
+20%
|
(5)
-14%
|
(6)
-13%
|
(7)
-21%
|
(6)
+13%
|
(3)
+45%
|
(3)
+24%
|
(1)
+79%
|
(2)
-308%
|
(6)
-168%
|
(13)
-128%
|
(14)
-6%
|
(14)
-4%
|
(5)
+68%
|
(5)
-9%
|
(5)
+8%
|
(4)
+10%
|
(4)
-9%
|
(3)
+32%
|
(2)
+31%
|
(1)
+57%
|
(1)
+36%
|
(1)
+14%
|
(3)
-466%
|
(6)
-109%
|
(8)
-40%
|
(11)
-35%
|
(12)
-6%
|
(12)
+2%
|
(11)
+8%
|
(11)
-5%
|
(11)
-2%
|
(11)
+3%
|
(11)
+4%
|
(11)
-6%
|
(8)
+26%
|
(8)
+7%
|
(8)
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
0
|
1
|
0
|
0
|
1
|
0
|
(0)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
0
|
(0)
|
(0)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(2)
|
(2)
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
(6)
N/A
|
(7)
-2%
|
(6)
+10%
|
(5)
+22%
|
(5)
-3%
|
(5)
-9%
|
(6)
-24%
|
(6)
+10%
|
(3)
+50%
|
(2)
+20%
|
(0)
+91%
|
(2)
-830%
|
(13)
-610%
|
(13)
+1%
|
(14)
-7%
|
(15)
-4%
|
(5)
+67%
|
(5)
-14%
|
(5)
+17%
|
(4)
+12%
|
(4)
-5%
|
(3)
+38%
|
(2)
+16%
|
(1)
+72%
|
(0)
+58%
|
0
N/A
|
(3)
N/A
|
(7)
-167%
|
(10)
-41%
|
(13)
-27%
|
(14)
-4%
|
(13)
+7%
|
(11)
+11%
|
(12)
-11%
|
(16)
-27%
|
(15)
+7%
|
(14)
+2%
|
(13)
+9%
|
(8)
+38%
|
(8)
+4%
|
(9)
-13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
(2)
|
(3)
|
(3)
|
(3)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(4)
|
(5)
|
(4)
|
(2)
|
(5)
|
(3)
|
(5)
|
(16)
|
(14)
|
(14)
|
(15)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(2)
|
(2)
|
(0)
|
0
|
0
|
(2)
|
(7)
|
(10)
|
(13)
|
(13)
|
(12)
|
(11)
|
(12)
|
(16)
|
(15)
|
(14)
|
(13)
|
(8)
|
(8)
|
(9)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(5)
N/A
|
(5)
-2%
|
(4)
+11%
|
(3)
+29%
|
(3)
+2%
|
(3)
-13%
|
(5)
-30%
|
(4)
+6%
|
(2)
+48%
|
(5)
-117%
|
(3)
+30%
|
(5)
-47%
|
(16)
-236%
|
(14)
+18%
|
(14)
-6%
|
(15)
-4%
|
(4)
+70%
|
(5)
-16%
|
(4)
+18%
|
(4)
+13%
|
(4)
-4%
|
(2)
+41%
|
(2)
+18%
|
(0)
+86%
|
0
N/A
|
0
+675%
|
(2)
N/A
|
(7)
-189%
|
(10)
-42%
|
(13)
-28%
|
(13)
-4%
|
(12)
+7%
|
(11)
+8%
|
(12)
-12%
|
(16)
-27%
|
(15)
+7%
|
(14)
+3%
|
(13)
+10%
|
(8)
+39%
|
(8)
+4%
|
(9)
-14%
|
|
EPS (Diluted) |
-5.75
N/A
|
-5.78
-1%
|
-5.14
+11%
|
-2.76
+46%
|
-3.03
-10%
|
-2.82
+7%
|
-3.66
-30%
|
-3.41
+7%
|
-1.79
+48%
|
-3.88
-117%
|
-2.7
+30%
|
-3.96
-47%
|
-14.26
-260%
|
-11.73
+18%
|
-11.3
+4%
|
-10.79
+5%
|
-3.43
+68%
|
-3.71
-8%
|
-2.08
+44%
|
-1.61
+23%
|
-1.91
-19%
|
-0.94
+51%
|
-0.76
+19%
|
-0.1
+87%
|
0.02
N/A
|
0.13
+550%
|
-0.91
N/A
|
-2.55
-180%
|
-3.7
-45%
|
-4.63
-25%
|
-4.81
-4%
|
-4.49
+7%
|
-4.13
+8%
|
-4.65
-13%
|
-3.94
+15%
|
-2.67
+32%
|
-3.2
-20%
|
-2.26
+29%
|
-1.4
+38%
|
-1.33
+5%
|
-1.51
-14%
|