Denmark's LiqTech reports FY 2025 revenue up 13%

LiqTech International

27/02/2026 13:08

Overview

Denmark clean technology firm's FY 2025 revenue up 13%, Q4 revenue down 8% yr/yr

Company expects FY 2026 revenue to rise 39% to 64%

Record pool system sales and U.S. expansion highlighted in 2025

Outlook

Company expects FY 2026 revenue between $23 mln and $27 mln

LiqTech targets positive FY 2026 adjusted EBITDA in mid to high revenue range

Result Drivers

SYSTEMS AND AFTERMARKET REVENUE - Total system and aftermarket revenue increased by 49% during the year, driven by strong pool system deliveries and new systems for water for energy, industrial applications, and marine water treatment

POOL SYSTEM SALES - Sold 34 pool systems during the year, setting a new record, with pool system revenue totaling $2.6 million for the year compared to $1.2 million in 2024

DELAYED OIL AND GAS ORDER - Revenue fell short of original guidance due to continued delays with a large oil and gas order, expected to contribute in 2026

Company press release: ID:nGNX9M2V61

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
$16.50 mln
FY Gross Profit
$1.30 mln
FY Operating Expenses
$9.60 mln


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 $4.20, about 133.3% above its February 26 closing price of $1.80

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)