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Ocean Power Technologies Inc   (OPTT)
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    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities


 

Ocean Power Technologies Inc

OPTT's Financial Statements and Analysis



Ocean Power Technologies Inc increased third quarter of 2024 net loss per share of $-0.11 compare to net loss per share of $-0.10 recorded in the same quarter a year ago a decrease compare to $0.00 realized in previous quarter.


third quarter of 2024
Earnings Per Share Revenues
$ -0.11 $  2 Mill
$-0.01     $+1M     +150.98 %



Ocean Power Technologies Inc 's Revenue rose by 150.98 % in third quarter of 2024 (Jan 31 2024) year on year, to $2 million and advanced by 82.67 % sequentially.


Ocean Power Technologies Inc is

More on OPTT's Income Statement



Ocean Power Technologies Inc in the third quarter of 2024 recorded net loss of $-6.509 million, an increase from net loss of $-5.852 million in I. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-9.540 million realized in previous quarter.

More on OPTT's Growth

Ocean Power Technologies Inc Inventories
Inventories grew by 488.44 % to $3 million from I. Quarter a year ago, sequentially inventories rose by 231.42 %. In Jan 31 2024 company's net cash and cash equivalents decreased by $-1 million, capital expenditures fell by -0.056928.57%, to $-1 millions compare to same quarter a year ago

More on OPTT's Cash flow Statement


Ocean Power Technologies Inc does not pay out common stock dividend.

In trailing twelve-month period Ocean Power Technologies Inc payed $ -0.33 cash per share, on a free-cash flow basis .

Book value fell by -45.31 % sequentially to $0.43 per share, -114.64% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 0.22 per share from $ 0.56.

Company issued 2.85 million shares or 5.09 % in Jan 31 2024.


More on OPTT's Dividends

 Market Capitalization (Millions) 8
 Shares Outstanding (Millions) 59
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 4
 Net Income (TTM) (Millions $) -27
 Cash Flow (TTM) (Millions $) -4
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Ocean Power Technologies Inc does not pay out common stock dividend.

In trailing twelve-month period Ocean Power Technologies Inc had negative $ -0.33 cash flow per share, on a free-cash flow basis .

Book value fell by -45.31 % sequentially to $0.43 per share, -114.64% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 0.22 per share from $ 0.56.

Company issued 2.85 million shares or 5.09 % in Jan 31 2024.


More on OPTT's Balance Sheets

 Market Capitalization (Millions) 8
 Shares Outstanding (Millions) 59
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 4
 Net Income (TTM) (Millions $) -27
 Cash Flow (TTM) (Millions $) -4
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Ocean Power Technologies Inc Earnings

Ocean Power Technologies Inc soars with a 29.762% Revenue Boost in Q4 of 2023, Outpacing Majority of Electric Utilities Industry

Ocean Power Tech...