LiqTech International
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. LiqTech International's past years’ income statements indicate that its last revenue has increased compared to the previous period by 13% to $18,001,652. The net income raised on -$8,571,145 and profit margin reached -48%. Total operating expenses were $10,574,526.

Profit Margin

LiqTech International, Inc. (NASDAQ:LIQT): Profit margin
2014 14.56M -3.06M -21.06%
2015 15.81M -2.20M -13.98%
2016 13.90M -16.41M -118.07%
2017 11.34M -4.46M -39.32%
2018 12.23M -3.81M -31.18%
2019 32.63M 39.61K 0.12%
2020 22.52M -9.80M -43.54%
2021 18.27M -11.12M -60.89%
2022 15.98M -14.16M -88.65%
2023 18.00M -8.57M -47.61%

LIQT Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
18.00M15.98M18.27M22.52M32.63M12.23M11.34M13.90M15.81M14.56M
Cost of revenue
15.22M15.41M16.69M20.37M25.47M11.16M11.13M12.47M12.59M12.46M
Gross profit
2.77M567.14K1.57M2.14M7.16M1.06M206.75K1.43M3.21M2.09M
Operating exp.
Research and development
1.41M1.83M1.86M1.27M749.24K661.01K536.84K626.14K707.84K336.06K
Selling and marketing
4.29M3.66M4.56M2.91M2.42M1.70M1.94M2.16M2.72M3.36M
Total operating expenses
10.57M11.20M12.26M10.40M7.55M5.55M4.81M7.22M6.61M7.28M
Operating income
-7.79M-10.64M-10.68M-8.25M-318.71K-4.48M-4.60M-13.13M-3.39M-5.19M
Other income (expenses), net
-978.30K-3.76M-502.67K-2.01M61.07K348.93K-170.90K-7.36M513.47K406.46K
Income before tax
-8.77M-14.40M-11.18M-10.27M-257.63K-4.17M-4.77M-13.19M-2.88M-4.78M
Income tax expense
-206.20K-237.41K-63.03K-465.14K-297.25K-365.43K-317.81K3.21M-697.78K-1.70M
Net income
-8.57M-14.16M-11.12M-9.80M39.61K-3.81M-4.46M-16.41M-2.20M-3.06M
Earnings per share
Basic EPS
-1.51-3.2-4.13-3.70.01-1.91-3.52-14.4-1.92-3.03
Diluted EPS
-1.51-3.2-4.13-3.70.01-1.91-3.43-14.26-1.92-3.03
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