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Liqtech International vs ZOOZ Strategy: revenue, profit, margins and growth compared

Liqtech International brought in $16.5M of revenue in fiscal 2025, ZOOZ Strategy $247K in fiscal 2025. Revenue changed by +13.0% at Liqtech International and -76.3% at ZOOZ Strategy on the year before, so Liqtech International grew faster. Liqtech International kept -51.7% of its revenue as net profit, ZOOZ Strategy -22,505.7%. Free cash flow was -$6.5M at Liqtech International and -$13.9M at ZOOZ Strategy.

Side by side, latest fiscal year

LIQTZOOZ
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$16.5M$247K
Revenue growth+13.0%-76.3%
Net income-$8.5M-$55.6M
Net margin-51.7%-22,505.7%
Free cash flow-$6.5M-$13.9M
Free cash flow margin-39.4%-5,618.2%
Earnings per share (diluted)-$0.89-$0.94
Cash$5.1M$27M
Debtn/an/a
Price to earningsn/an/a
Market value$20.2M$62.5M
Dividend yieldn/an/a
Rank by revenue in sector#525 of 638 · Technology#627 of 638 · Technology

Over the years

Revenue
LIQT FY2018: $12.2MLIQT FY2019: $32.6MLIQT FY2020: $22.5MLIQT FY2021: $18.3MLIQT FY2022: $16MLIQT FY2023: $18MLIQT FY2024: $14.6MLIQT FY2025: $16.5MZOOZ FY2023: $764KZOOZ FY2024: $1MZOOZ FY2025: $247KFY18FY19FY20FY21FY22FY23FY24FY25
LIQT $16.5MZOOZ $247K
Net income
LIQT FY2018: -$3.8MLIQT FY2019: $39.6KLIQT FY2020: -$9.8MLIQT FY2021: -$11.1MLIQT FY2022: -$14.2MLIQT FY2023: -$8.6MLIQT FY2024: -$10.3MLIQT FY2025: -$8.5MZOOZ FY2021: -$4.6MZOOZ FY2023: -$7.8MZOOZ FY2023: -$11.8MZOOZ FY2024: -$11MZOOZ FY2025: -$55.6MFY18FY19FY20FY21FY22FY23FY24FY25
LIQT -$8.5MZOOZ -$55.6M
Net margin
LIQT FY2018: -31.2%LIQT FY2019: 0.1%LIQT FY2020: -43.5%LIQT FY2021: -60.9%LIQT FY2022: -88.7%LIQT FY2023: -47.6%LIQT FY2024: -70.8%LIQT FY2025: -51.7%ZOOZ FY2023: -1,538.6%ZOOZ FY2024: -1,055.7%ZOOZ FY2025: -22,505.7%FY18FY19FY20FY21FY22FY23FY24FY25
LIQT -51.7%ZOOZ -22,505.7%
Revenue growth
LIQT FY2019: +166.8%LIQT FY2020: -31.0%LIQT FY2021: -18.9%LIQT FY2022: -12.5%LIQT FY2023: +12.6%LIQT FY2024: -18.9%LIQT FY2025: +13.0%ZOOZ FY2024: +36.3%ZOOZ FY2025: -76.3%FY19FY20FY21FY22FY23FY24FY25
LIQT +13.0%ZOOZ -76.3%
Free cash flow
LIQT FY2018: -$4.1MLIQT FY2019: -$7.1MLIQT FY2020: -$6.4MLIQT FY2021: -$8.3MLIQT FY2022: -$13.7MLIQT FY2023: -$7.1MLIQT FY2024: -$8.9MLIQT FY2025: -$6.5MZOOZ FY2021: -$6.4MZOOZ FY2023: -$11MZOOZ FY2023: -$13.6MZOOZ FY2024: -$10MZOOZ FY2025: -$13.9MFY18FY19FY20FY21FY22FY23FY24FY25
LIQT -$6.5MZOOZ -$13.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Liqtech International and ZOOZ Strategy

Which is bigger by revenue, Liqtech International or ZOOZ Strategy?

Liqtech International is bigger by revenue: $16.5M in fiscal 2025, against $247K for ZOOZ Strategy in fiscal 2025.

Which keeps more of its revenue as profit, Liqtech International or ZOOZ Strategy?

Liqtech International had a net margin of -51.7% in fiscal 2025; ZOOZ Strategy had -22,505.7% in fiscal 2025.

Which grew revenue faster, Liqtech International or ZOOZ Strategy?

In their latest fiscal years revenue changed by +13.0% at Liqtech International and -76.3% at ZOOZ Strategy.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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