Ocean Power Technologies, Inc. (OPTT) Financials

$0.44

north_east $0.12 (35.29%)
Day's range
$0.34
Day's range
$0.47

OPTT Income statement / Annual

Last year (2024), Ocean Power Technologies, Inc.'s total revenue was $5.53 M, an increase of 102.23% from the previous year. In 2024, Ocean Power Technologies, Inc.'s net income was -$27.48 M. See Ocean Power Technologies, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 04/30/2024 04/30/2023 04/30/2022 04/30/2021 04/30/2020 04/30/2019 04/30/2018 04/30/2017 04/30/2016 04/30/2015
Operating Revenue $5.53 M $2.73 M $1.76 M $1.21 M $1.68 M $632,000.00 $511,000.00 $843,000.00 $704,820.00 $4.11 M
Cost of Revenue $2.70 M $2.50 M $1.86 M $2.28 M $1.79 M $1.30 M $763,000.00 $938,000.00 $667,869.00 $4.67 M
Gross Profit $2.83 M $236,000.00 -$101,000.00 -$1.07 M -$105,000.00 -$671,000.00 -$252,000.00 -$95,000.00 $36,951.00 -$565,979.00
Gross Profit Ratio 0.51 0.09 -0.06 -0.89 -0.06 -1.06 -0.49 -0.11 0.05 -0.14
Research and Development Expenses $0.00 $0.00 $9.61 M $4.75 M $4.34 M $4.98 M $4.32 M $5.03 M $7.05 M $4.15 M
General & Administrative Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $6.99 M $6.56 M $6.75 M $9.57 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $32.23 M $28.34 M $11.91 M $7.77 M $6.92 M $7.62 M $6.99 M $6.56 M $6.75 M $9.57 M
Other Expenses $0.00 $28.34 M $60,000.00 -$83,000.00 $0.00 $0.00 $4,000.00 $0.00 $240,637.00 $419,432.00
Operating Expenses $32.23 M $28.34 M $21.51 M $12.52 M $11.26 M $12.60 M $11.31 M $11.59 M $13.80 M $13.72 M
Cost And Expenses $34.93 M $30.84 M $23.37 M $14.80 M $13.05 M $13.90 M $12.07 M $12.53 M $14.47 M $18.39 M
Interest Income $800,000.00 $902,000.00 $124,000.00 $124,000.00 $124,000.00 $35,000.00 $83,000.00 $28,000.00 $7,542.00 $0.00
Interest Expense $0.00 $0.00 $124,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $7,542.00 $31,634.00
Depreciation & Amortization $1.16 M $637,000.00 $515,000.00 $372,000.00 $355,000.00 $180,000.00 $122,000.00 $140,000.00 $111,714.00 $965,156.00
EBITDA -$28.24 M -$27.76 M -$21.10 M -$13.44 M -$10.89 M -$13.09 M -$11.44 M -$11.55 M -$13.65 M -$13.32 M
EBITDA Ratio -5.11 -10.45 -12.41 -9.96 -6.54 -20.94 -22.77 -15.45 -17.6 -3.13
Operating Income Ratio -5.32 -10.69 -12.29 -11.27 -6.76 -21 -22.62 -13.86 -21.08 -3.48
Total Other Income/Expenses Net $666,000.00 $2.61 M $856,000.00 -$1.17 M $118,000.00 $175,000.00 $284,000.00 $1.50 M -$568,364.00 -$74,979.00
Income Before Tax -$28.74 M -$26.60 M -$20.70 M -$14.76 M -$11.25 M -$13.10 M -$11.28 M -$10.18 M -$14.76 M -$14.36 M
Income Before Tax Ratio -5.2 -9.74 -11.77 -12.24 -6.69 -20.72 -22.07 -12.08 -20.94 -3.5
Income Tax Expense -$1.25 M -$278,000.00 -$1.82 M $1.09 M -$895,000.00 -$850,000.00 -$1.12 M -$698,000.00 -$1.67 M -$1.14 M
Net Income -$27.48 M -$26.33 M -$18.87 M -$15.85 M -$10.35 M -$12.25 M -$10.16 M -$9.49 M -$13.13 M -$13.11 M
Net Income Ratio -4.97 -9.64 -10.73 -13.14 -6.15 -19.38 -19.88 -11.25 -18.63 -3.19
EPS -0.47 -0.47 -0.35 -0.53 -1.44 -9.52 -13.24 -44.54 -145.06 -149.96
EPS Diluted -0.47 -0.47 -0.35 -0.53 -1.44 -9.52 -13.24 -44.54 -145.06 -149.96
Weighted Average Shares Out $59.03 M $56.00 M $54.01 M $30.02 M $7.21 M $1.29 M $767,330.00 $212,958.00 $90,508.00 $87,452.00
Weighted Average Shares Out Diluted $59.03 M $56.00 M $54.01 M $30.02 M $7.21 M $1.29 M $767,330.00 $212,958.00 $90,508.00 $87,452.00
Link