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Side-by-side financial comparison of LIQTECH INTERNATIONAL INC (LIQT) and SMX (Security Matters) Public Ltd Co (SMX). Click either name above to swap in a different company.

Liqtech International Inc. is a technology firm specializing in the development, production and distribution of advanced silicon carbide membrane filtration and purification solutions. Its products serve sectors including maritime, industrial wastewater treatment, food and beverage, and renewable energy, with key markets covering North America, Europe and the Asia-Pacific region.

SMX (Security Matters) Public Ltd Co is a global cybersecurity solutions provider offering end-to-end threat detection, data protection, and risk mitigation services for enterprise, government, and critical infrastructure clients across North America, Europe, and APAC. Its core offerings include managed security operations, zero-trust architecture deployment, and incident response support to help organizations protect digital assets from evolving cyber threats.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LIQT
LIQT
SMX
SMX
Q4 25
$3.1M
Q3 25
$3.8M
Q2 25
$5.0M
Q1 25
$4.6M
Q4 24
$3.4M
Q3 24
$2.5M
Q2 24
$4.5M
Q1 24
$4.2M
Net Profit
LIQT
LIQT
SMX
SMX
Q4 25
$-2.6M
Q3 25
$-1.4M
Q2 25
$-2.2M
Q1 25
$-2.4M
Q4 24
$-3.0M
Q3 24
$-2.8M
Q2 24
$-2.1M
Q1 24
$-2.4M
Gross Margin
LIQT
LIQT
SMX
SMX
Q4 25
-3.4%
Q3 25
19.6%
Q2 25
9.8%
Q1 25
2.7%
Q4 24
-15.5%
Q3 24
-8.5%
Q2 24
16.0%
Q1 24
6.4%
Operating Margin
LIQT
LIQT
SMX
SMX
Q4 25
-85.8%
Q3 25
-35.0%
Q2 25
-42.6%
Q1 25
-47.3%
Q4 24
-81.2%
Q3 24
-104.5%
Q2 24
-46.5%
Q1 24
-48.3%
Net Margin
LIQT
LIQT
SMX
SMX
Q4 25
-83.0%
Q3 25
-37.6%
Q2 25
-43.4%
Q1 25
-50.9%
Q4 24
-88.2%
Q3 24
-114.6%
Q2 24
-47.1%
Q1 24
-56.4%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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