LIQTECH INTERNATIONAL INC Income Statement
LIQT|7 years of annual SEC 10-K data (FY2011-FY2017)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$14M
FY2017
Gross Profit
$1M
10.3% gross margin
Operating Income
-$13M
FY2017
Net Income
-$16M
FY2017
LIQTECH INTERNATIONAL INC reported $14M in revenue and $16M in net loss for FY2017. Revenue has declined at a 2.0% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $13.9M | $15.8M | $14.6M | $12.8M | $16.9M | $21.2M | $15.7M |
| Cost of Revenue | $12.5M | $12.6M | $12.5M | $11.5M | $14.2M | $16.2M | $12.1M |
| Gross Profit | $1.4M | $3.2M | $2.1M | $1.3M | $2.7M | $5.0M | $3.7M |
| SG&A Expense | $4.0M | $2.8M | $3.0M | $3.1M | $3.3M | $1.9M | $1.7M |
| R&D Expense | $626.1K | $707.8K | $336.1K | $500.0K | $742.0K | $502.4K | $421.5K |
| Operating Income | -$13.1M | -$3.4M | -$5.2M | -$6.2M | -$3.9M | $1.1M | $27.1K |
| Interest Expense | $38.9K | $51.2K | $53.4K | $50.9K | $148.6K | $203.7K | $214.5K |
| Income Tax | $3.2M | -$697.8K | -$1.7M | -$1.6M | -$1.2M | $359.5K | $145.5K |
| Net Income | -$16.4M | -$2.2M | -$3.1M | -$4.8M | -$2.8M | $917.2K | -$6.6K |
| EPS (Basic) | -$0.45 | -$0.06 | -$0.09 | -$0.19 | -$0.12 | $0.06 | $0.00 |
| EPS (Diluted) | -$0.45 | -$0.06 | -$0.09 | -$0.19 | -$0.12 | $0.06 | $0.00 |
| Shares Outstanding | 36.8M | 39.5M | 39.4M | 27.2M | 24.1M | 4.2M | 9.3M |
| Gross Margin | 10.3% | 20.3% | 14.4% | 10.2% | 16.0% | 23.7% | 23.4% |
| Operating Margin | -94.5% | -21.5% | -35.6% | -48.5% | -23.0% | 5.2% | 0.2% |
| Profit Margin | -118.1% | -14.0% | -21.1% | -37.6% | -16.4% | 4.3% | -0.0% |