LiqTech International, Inc.

LIQTNASDAQIndustrials● Active

$0.91

+$0.03(+3.27%)

Market Cap$9040597

P/E Ratio—

52W High$3.35

52W Low$0.8901

Avg Volume169K

Open$0.90

Beta1.01

Free Cash Flow Financials Revenue

LiqTech International, Inc. (LIQT) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

LIQT · free cash flow · updated Jun 8, 2026

Core FCF metrics

LIQT · FCF · TTM · margin & CAGR

Free cash flow was −$6.5M for FY2025 (fiscal year ending 2025-12-31), up 26.9% year-over-year The FCF margin was -39.4%.

FY2025 Free Cash Flow−$6.5M▲ +26.9% YoY

Trailing 12M (TTM)−$7.3Mtrailing 4 quarters sum

FCF Margin-39.4%−$6.5M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

LIQT · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$6.1M(0M)−$6.5M▲ +26.9%-39.4%

FY2024−$7.5M(1M)−$8.9M▼ 25.8%-61.0%

FY2023−$4.2M(3M)−$7.1M▲ +48.5%-39.3%

FY2022−$12.0M(2M)−$13.7M▼ 64.7%-85.9%

FY2021−$7.2M(1M)−$8.3M▼ 30.1%-45.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

LIQT · P/FCF · FCF yield · FCF per share

LiqTech International, Inc. (LIQT) reported negative free cash flow of −$0.01B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

LIQT · cash flow statement · operating / investing / financing

For FY2025, LiqTech International, Inc. generated −$6.1M in operating cash flow and spent 0M in capital expenditures, yielding −$6.5M in free cash flow.

Operating Activities

−$6.1M

Cash from core business operations

2025-12-31

Investing Activities

−$0.2M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$0.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$6.1M) − |CapEx| (0M) = FCF (−$6.5M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

LIQT vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

LiqTech International, Inc.YOU

LIQT

−$6.5M+26.9%-39.4%

Loss

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

LiqTech International, Inc. (LIQT) reported free cash flow of −$6.5M for FY2025 (fiscal year ending 2025-12-31), up 26.9% year-over-year. The FCF margin was -39.4%.

Based on available data, LiqTech International, Inc. has maintained positive free cash flow for at least 1 fiscal year(s). FCF peaked at $42,054 in FY2016.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

LIQT free cash flow · 8 questions

LiqTech International, Inc. free cash flow was −$6.5M for FY2025, up 26.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$7.3M.

LIQT free cash flowLIQT FCFLIQT FCF 2025LIQT free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · LiqTech International, Inc. · LiqTech International, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026