Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
6.12M | 5.53M | 2.73M | 1.76M | 1.21M | 1.68M | Gross Profit |
2.30M | 2.83M | 236.00K | -101.00K | -1.07M | -105.00K | EBIT |
-20.98M | -29.33M | -29.22M | -21.61M | -13.59M | -11.37M | EBITDA |
-19.98M | -28.24M | -27.76M | -21.10M | -13.44M | -10.89M | Net Income Common Stockholders |
-21.81M | -27.48M | -26.33M | -18.87M | -15.85M | -10.35M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
10.03M | 3.15M | 34.67M | 57.27M | 83.03M | 10.00M | Total Assets |
34.41M | 28.70M | 53.37M | 73.39M | 86.38M | 13.54M | Total Debt |
2.06M | 2.57M | 1.84M | 857.00K | 2.06M | 1.41M | Net Debt |
-7.96M | -579.00K | -5.04M | -7.03M | -80.97M | -8.60M | Total Liabilities |
5.50M | 9.36M | 9.42M | 4.56M | 5.91M | 3.04M | Stockholders Equity |
28.91M | 19.34M | 43.95M | 68.83M | 80.47M | 10.49M |
Cash Flow | Free Cash Flow | ||||
-21.39M | -32.35M | -22.73M | -21.44M | -11.70M | -10.64M | Operating Cash Flow |
-19.68M | -29.76M | -21.71M | -21.30M | -11.67M | -10.58M | Investing Cash Flow |
2.68M | 25.50M | 20.46M | -54.03M | 74.00K | -65.00K | Financing Cash Flow |
22.31M | 469.00K | -14.00K | 87.00K | 84.17M | 4.45M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
66 Neutral | $4.50B | 12.28 | 5.32% | 248.52% | 4.13% | -12.36% | |
52 Neutral | $93.84M | ― | -80.51% | ― | 23.98% | 52.50% | |
49 Neutral | $146.96M | ― | -20.52% | ― | 48.62% | 0.23% | |
45 Neutral | $945.95M | ― | 125.43% | ― | 37.60% | -161.38% | |
43 Neutral | $558.27M | ― | -279.62% | ― | 2.45% | -69.94% | |
40 Underperform | $187.13M | ― | -21.45% | ― | ― | -517.75% | |
39 Underperform | $14.77M | ― | -172.05% | ― | -58.05% | -6.90% |
On May 22, 2025, Ocean Power Technologies announced the successful completion of its first sea trial for WAM-V® 22 at a newly permitted test site in Southern New Jersey, approved by the US Coast Guard. This milestone allows the company to conduct year-round testing on both coasts, enhancing product delivery efficiency and reducing the time from booking to revenue recognition. Additionally, on May 27, 2025, the company achieved a new certification, further solidifying its position in the maritime industry.
On May 15, 2025, Ocean Power Technologies entered into a securities purchase agreement with institutional investors to issue and sell convertible notes worth up to $25 million, with an initial sale of $10 million. This agreement allows the company to raise capital through public offerings, potentially impacting its financial stability and market position by providing additional funding for its operations and growth initiatives.