Filtration systems maker LiqTech Q3 revenue rises, loss narrows
LiqTech's Q3 2025 revenue increased by 54% year-over-year to $3.8 million, while net loss reduced to $1.5 million from $2.8 million. The company expects Q4 revenue between $4.6 million and $5.6 million, and full-year revenue between $18.0 million and $19.0 million. Strong pool system deliveries and successful oily wastewater system commissioning contributed to growth. LiqTech received first commercial orders for marine dual-fuel engine water treatment systems. Analyst rating is "buy" with a price target of $4.00.
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Overview
- LiqTech Q3 2025 revenue rises 54% yr/yr to $3.8 mln
- Company reduces Q3 net loss to $1.5 mln from $2.8 mln yr/yr
- Strong operational efficiencies with improved gross margins and reduced expenses
Outlook
- Company expects Q4 2025 revenue between $4.6 mln and $5.6 mln
- Company forecasts full-year 2025 revenue between $18.0 mln and $19.0 mln
- Company says order timing in systems business affects Q4 guidance
Result Drivers
- POOL SYSTEMS - Strong pool system deliveries drove significant revenue growth, including a large order valued at over $500,000
- OILY WASTEWATER SYSTEM - Successful delivery and commissioning of oily wastewater treatment system to NorthStar BlueScope Steel
- MARINE SYSTEM ORDERS - Received first commercial orders for marine dual-fuel engine water treatment systems, totaling three units
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 $3.80
Revenue mln
Q3 Gross 19.60%
Margin
Q3 $2.10
Operatin mln
g
Expenses
Analyst Coverage
- The one available analyst rating on the shares is “buy”
- The average consensus recommendation for the environmental services & equipment peer group is “buy”
- Wall Street’s median 12-month price target for LiqTech International Inc is $4.00, about 45.3% above its November 12 closing price of $2.19
Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
