Q2 2025 LiqTech International Inc Earnings Call Transcript
Key Points
- LiqTech International Inc (LIQT) achieved improved financial performance in Q2 2025, including revenue growth and gross margin improvement.
- The company delivered six swimming pool systems, generating nearly $800,000 in revenue, with a strong order backlog for the segment.
- LiqTech received an order from NorthStar BlueScope Steel for an advanced filtration system, showcasing its growing traction in industrial water treatment.
- The company reported a 31% sequential growth in its ceramics and plastics business, contributing to overall revenue improvement.
- LiqTech's revenue outlook anticipates continued year-over-year improvements in Q3 and Q4, with full-year revenue expected to be the highest in four years.
- Gross margins for Q2 2025 were 9.8%, down from 16% in the year-ago period, due to fixed production costs not being fully absorbed.
- The company experienced a net loss of $2 million for the quarter, similar to the $2.1 million loss in the comparable period of 2024.
- Operating expenses for the quarter were $2.6 million, slightly higher than $2.3 million in Q1 2025.
- Revenue from DPF and ceramic membrane sales was down from $1.7 million in Q2 last year to $1.3 million this quarter.
- Cash reserves decreased to $8.7 million at the end of the quarter, down from $10.4 million at the end of March.
Good day and welcome to the LiqTech second quarter 2025 financial results conference call. All participants will be in a listen-only mode. (Operator Instructions) Please note this event is being recorded. I would now like to turn the conference over to Mr. Robert Blum with Lytham Partners. Please go ahead.
All right, thank you very much. Good morning everyone and thank you for joining us today. To discuss Liq Tech's second quarter 2025 financial results for the period ended June 30, 2025. Joining us on today's call from the company Fei Chen, Chief Executive Officer; and David Kowalczyk, the company's Chief Financial and Chief Operating Officer. Before I turn the call over to management, I do want to remind listeners that there will be a Q&A session at the end. To ask a question through the webcast portal, simply type in your question through the ask a question feature in the webcast player there.
Before we begin with prepared remarks, we submit for the record the following statement. This conference
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
