OPTT Ocean Power Technologies Inc
Price (delayed)
$0.2491
Market cap
$23.09M
P/E Ratio
N/A
Dividend/share
N/A
EPS
-$0.47
Enterprise value
$22.51M
Headquartered in Monroe Township, New Jersey, OPT aspires to transform the world through durable, innovative, and cost-effective ocean energy solutions. Its PowerBuoy® solutions platform provides clean and reliable electric power
Highlights
OPTT's revenue has surged by 102% year-on-year and by 12% since the previous quarter
Ocean Power Technologies's gross profit has surged by 54% QoQ
The debt has increased by 40% year-on-year but it has declined by 4.4% since the previous quarter
The net income has grown by 9% from the previous quarter but it has contracted by 4.4% YoY
OPTT's quick ratio has shrunk by 88% YoY and by 61% QoQ
The equity has dropped by 56% year-on-year and by 23% since the previous quarter
Key stats
What are the main financial stats of OPTT
Market
Valuations
Earnings
Shares outstanding
92.71M
Market cap
$23.09M
Enterprise value
$22.51M
Price to earnings (P/E)
N/A
Price to book (P/B)
0.77
Price to sales (P/S)
2.66
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
4.08
Revenue
$5.53M
EBIT
-$29.54M
EBITDA
-$28.38M
Free cash flow
-$32.35M
Per share
Balance sheet
Liquidity
EPS
-$0.47
Free cash flow per share
-$0.55
Book value per share
$0.33
Revenue per share
$0.09
TBVPS
$0.28
Total assets
$28.7M
Total liabilities
$9.36M
Debt
$2.57M
Equity
$19.34M
Working capital
$3.18M
Debt to equity
0.13
Current ratio
1.43
Quick ratio
0.54
Net debt/EBITDA
0.02
Margins
Efficiency
Dividend
EBITDA margin
-513.6%
Gross margin
51.1%
Net margin
-497.4%
Operating margin
-534.7%
Return on assets
-74%
Return on equity
-95.7%
Return on invested capital
-180.1%
Return on capital employed
-138.4%
Return on sales
-534.6%
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A
OPTT stock price
How has the Ocean Power Technologies stock price performed over time
Intraday
27.81%
1 week
38.39%
1 month
24.55%
1 year
-37.94%
YTD
-21.17%
QTD
27.22%
Financial performance
How have Ocean Power Technologies's revenue and profit performed over time
Revenue
$5.53M
Gross profit
$2.83M
Operating income
-$29.54M
Net income
-$27.48M
Gross margin
51.1%
Net margin
-497.4%
OPTT's revenue has surged by 102% year-on-year and by 12% since the previous quarter
Ocean Power Technologies's gross profit has surged by 54% QoQ
OPTT's operating margin has surged by 50% year-on-year and by 19% since the previous quarter
The net margin has increased by 48% year-on-year and by 19% since the previous quarter
Growth
What is Ocean Power Technologies's growth rate over time
Valuation
What is Ocean Power Technologies stock price valuation
P/E
N/A
P/B
0.77
P/S
2.66
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
4.08
The EPS has increased by 10% since the previous quarter
The equity has dropped by 56% year-on-year and by 23% since the previous quarter
The stock's price to book (P/B) is 40% less than its 5-year quarterly average of 1.0 and 14% less than its last 4 quarters average of 0.7
OPTT's revenue has surged by 102% year-on-year and by 12% since the previous quarter
OPTT's P/S is 93% below its 5-year quarterly average of 28.4 and 60% below its last 4 quarters average of 5.2
Efficiency
How efficient is Ocean Power Technologies business performance
The return on invested capital has dropped by 130% year-on-year and by 17% since the previous quarter
The return on equity has dropped by 99% year-on-year and by 10% since the previous quarter
OPTT's return on assets has dropped by 72% year-on-year and by 6% since the previous quarter
The return on sales has increased by 47% year-on-year and by 19% since the previous quarter
Dividends
What is OPTT's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A
There are no recent dividends present for OPTT.
Financial health
How did Ocean Power Technologies financials performed over time
OPTT's quick ratio has shrunk by 88% YoY and by 61% QoQ
Ocean Power Technologies's current ratio has shrunk by 70% YoY and by 43% QoQ
The debt is 87% smaller than the equity
The equity has dropped by 56% year-on-year and by 23% since the previous quarter
The debt has increased by 40% year-on-year but it has declined by 4.4% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.