LIQT
LiqTech International, Inc.
LIQT has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over LIQT overall, supported by stronger fundamentals and stronger modeled upside.
LIQT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Weak | |
| Strong |
LIQT's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
LIQT PE Valuation
LIQT has no meaningful PE right now: it lost money over the past year.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
LIQT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect LIQT's losses to shrink, with revenue growing.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
LIQT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.74 | +$0.26 |
| Q2 2026 | -$0.84 | +$0.50 |
| Q1 2026 | -$0.92 | +$0.56 |
| Q4 2025 | -$0.89 | +$0.75 |
| Q3 2025 | -$1.00 | +$0.82 |
| Q2 2025 | -$1.34 | +$0.24 |
| Q1 2025 | -$1.48 | +$0.01 |
| Q4 2024 | -$1.64 | -$0.16 |
LIQT has the edge over RDW on earnings, with more consistent year-over-year improvement.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
LIQT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.4M | +15% |
| Q2 2026 | $4.4M | -12% |
| Q1 2026 | $4.1M | -10% |
| Q4 2025 | $3.1M | -8.2% |
| Q3 2025 | $3.8M | +54% |
| Q2 2025 | $5M | +11% |
| Q1 2025 | $4.6M | +9% |
| Q4 2024 | $3.4M | -13% |
LIQT's revenue is recovering but still below its 2020 peak: $4M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -41% | -5.8 points |
| Q2 2026 | -53% | -11 points |
| Q1 2026 | -55% | -7.7 points |
| Q4 2025 | -86% | -4.6 points |
| Q3 2025 | -35% | +70 points |
| Q2 2025 | -43% | +4 points |
| Q1 2025 | -47% | +1 points |
| Q4 2024 | -81% | -23 points |
LIQT's operating margin was −41% last quarter, down 5.8 points from the same quarter a year ago.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over LIQT on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW has the edge over LIQT on profitability, with a higher operating margin.
LIQT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$890.3K | +$305.5K |
| Q2 2026 | -$3.1M | -$1.6M |
| Q1 2026 | -$2.2M | -$750.5K |
| Q4 2025 | -$2.3M | +$98.6K |
| Q3 2025 | -$1.2M | +$918.2K |
| Q2 2025 | -$1.5M | +$496.1K |
| Q1 2025 | -$1.5M | +$885.5K |
| Q4 2024 | -$2.4M | -$553.5K |
LIQT has the edge over RDW on cash flow, with more consistent year-over-year improvement.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
LIQT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +84% | +17.4M shares |
| 1 year | +298% | +28.6M shares |
| 3 years | +576% | +32.6M shares |
| 5 years | +1312% | +35.5M shares |
| Available history | +1456% | +35.8M shares |
LIQT has 38M diluted shares, up 298% from a year ago.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has the edge over LIQT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
LIQT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2020 | -2.6x | Net Cash |
| Q4 2019 | -7.4x | Net Cash |
LIQT has more cash than debt.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
LIQT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 27.4 | Oversold |
| Stochastic | 5.1 | Oversold |
LIQT's weekly RSI is 27 (oversold) and its Stochastic is 5 (oversold).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
LIQT PE vs Industrials Sector
| Metric | LIQT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
LIQT has no meaningful PE right now: it lost money over the past year.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
LIQT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.39 | 28% below |
| 20 week MA | $0.55 | 49% below |
| 50 week MA | $1.22 | 77% below |
| 100 week MA | $1.54 | 82% below |
| 200 week MA | $2.33 | 88% below |
LIQT is in a downtrend: it's below all five of its weekly moving averages, and 88% below its 200-week average.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
LIQT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $42.9 | $66.3 | +55% |
| 2021 | $66.3 | $46.4 | -30% |
| 2022 | $46.4 | $3.04 | -93% |
| 2023 | $3.04 | $3.41 | +12% |
| 2024 | $3.41 | $1.89 | -45% |
| 2025 | $1.89 | $1.57 | -17% |
| 2026 YTD | $1.57 | $0.28 | -82% |
LIQT has finished lower in four of the last six years. It's down 82% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over LIQT on returns for 2026, with the stronger performance.