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Ocean Power Technologies Inc (OPTT)

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0.1893 +0.0025 +1.34%

23/04 - Closed. Currency in USD ( Disclaimer )

After Hours

0.1980

+0.0087

+4.5959%

20:00:00 - Real-time Data

Type: Equity

Market: United States

Volume: 225,008
Bid/Ask: 0.1850 / 0.1980
Day's Range: 0.1888 - 0.1989

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NYSE:OPTT Financials

A brief overview of the NYSE:OPTT financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Ocean Power over time.

Ocean Power Technologies, Inc. reported earnings results for the third quarter and nine months ended January 31, 2024. For the third quarter, the company reported sales was USD 1.79 million compared to USD 0.734 million a year ago. Net loss was USD 6.51 million compared to USD 6.09 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.11 compared to USD 0.11 a year ago.For the nine months, sales was USD 3.95 million compared to USD 1.75 million a year ago. Net loss was USD 20.76 million compared to USD 16.79 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to USD 0.3 a year ago. Diluted loss per share from continuing operations was USD 0.35 compared to USD 0.3 a year ago.

Annual Quarterly

InvestingPro

Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

OPTT Income Statement

Gross margin TTM 37.1%

Operating margin TTM -640.83%

Net Profit margin TTM -614.25%

Return on Investment TTM -66.72%

Total Revenue Net Income

Period Ending:	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023
Total Revenue	1.79	0.889	1.27	0.98
Gross Profit	0.813	0.488	0.663	-0.134
Operating Income	-7.74	-7.51	-7.44	-8.93
Net Income	-6.51	-7.21	-7.04	-9.54

OPTT Balance Sheet

Quick Ratio MRQ 1.42

Current Ratio MRQ 2.49

LT Debt to Equity MRQ -

Total Debt to Equity MRQ 10.65%

Total Assets Total Liabilities

Period Ending:	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023
Total Assets	34.56	39.62	45.68	53.37
Total Liabilities	9.3	7.97	7.12	9.42
Total Equity	25.26	31.65	38.56	43.95

OPTT Cash Flow Statement

Cash Flow/Share TTM -0.52

Revenue/Share TTM 0.08

Operating Cash Flow -130.97%

Cash Net Change in Cash

Period Ending:	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities	-9.22	-7.5	-7.99	-5.62
Cash From Investing Activities	10.59	6.9	4.97	1.58
Cash From Financing Activities	-0.011	0.029	-0.002	0
Net Change in Cash	1.36	-0.573	-3.02	-4.04

* In Millions of USD (except for per share items)

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View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

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OPTT Comments

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Zafer Gitmez Dec 01, 2023 1:09PM ET

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Is 10 dollars a dream?

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Costas Socolis Sep 28, 2023 12:20PM ET

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Waste of money !

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Jay Haw Jul 12, 2023 1:48PM ET

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I smell earnings beat

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MJHunter Aug 15, 2022 12:05PM ET

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yes?

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Atlantic Coast Money Aug 15, 2022 12:05PM ET

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I have on my watchlist. I will let it grind further down as I already own many speculative stocks. If it touches .50 then I may buy 2000 shares.

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Andrea Greggio Jul 14, 2022 8:05AM ET

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how did you find its financial sheet? i think it has a good future prospective

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MJHunter Jul 14, 2022 8:05AM ET

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seem no future right now 😮‍💨

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MJHunter Apr 19, 2022 11:44AM ET

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please boommm

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MJHunter Mar 14, 2022 9:35AM ET

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earning release today.. hope will fly to the moon 🚀😵‍💫

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MJHunter Mar 08, 2022 11:28AM ET

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🚀🚀🚀

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Apnet Finance Mar 08, 2022 11:28AM ET

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Let's go!!! :D

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Costas Socolis Dec 31, 2021 11:47AM ET

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Perhaps the best stock to lose your money !

7 1

Costas Socolis Dec 31, 2021 11:46AM ET

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just another bubble ...

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