OPTT Ocean Power Technologies Inc
Price (delayed)
$0.3618
Market cap
$61.52M
P/E Ratio
N/A
Dividend/share
N/A
EPS
-$0.25
Enterprise value
$53.56M
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 quick ratio has soared by 133% QoQ and by 91% YoY
The EPS has surged by 52% year-on-year and by 22% since the previous quarter
Ocean Power Technologies's gross profit has increased by 26% YoY but it has decreased by 21% QoQ
OPTT's revenue is up by 24% year-on-year but it is down by 14% since the previous quarter
OPTT's gross margin is down by 9% QoQ
Key stats
What are the main financial stats of OPTT
Market
Valuations
Earnings
Shares outstanding
170.05M
Market cap
$61.52M
Enterprise value
$53.56M
Price to earnings (P/E)
N/A
Price to book (P/B)
1.83
Price to sales (P/S)
8.73
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
8.76
Revenue
$6.12M
Gross profit
$2.3M
Operating income
-$21.03M
Net income
-$21.81M
EBIT
-$21.86M
EBITDA
-$20.15M
Free cash flow
-$21.39M
Per share
Balance sheet
Liquidity
EPS
-$0.25
EPS diluted
-$0.25
Free cash flow per share
-$0.14
Book value per share
$0.2
Revenue per share
$0.04
TBVPS
$0.15
Total assets
$34.41M
Total liabilities
$5.5M
Debt
$2.07M
Equity
$28.91M
Working capital
$12.49M
Debt to equity
0.07
Current ratio
3.88
Quick ratio
2.68
Net debt/EBITDA
0.4
Margins
Efficiency
Dividend
EBITDA margin
-329.4%
Gross margin
37.6%
Net margin
-356.6%
Operating margin
-343.8%
Return on assets
-73.2%
Return on equity
-94.1%
Return on invested capital
-210.5%
Return on capital employed
-72.7%
Return on sales
-357.4%
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
-9.55%
1 week
-18.44%
1 month
-31.79%
1 year
102.12%
YTD
-64.53%
QTD
-20.62%
Financial performance
How have Ocean Power Technologies's revenue and profit performed over time
Revenue
$6.12M
Gross profit
$2.3M
Operating income
-$21.03M
Net income
-$21.81M
Gross margin
37.6%
Net margin
-356.6%
OPTT's operating margin is up by 48% year-on-year but it is down by 6% since the previous quarter
The net margin has increased by 42% year-on-year but it has declined by 17% since the previous quarter
Ocean Power Technologies's operating income has increased by 36% YoY and by 9% from the previous quarter
The net income has grown by 28% YoY
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
1.83
P/S
8.73
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
8.76
The EPS has surged by 52% year-on-year and by 22% since the previous quarter
The stock's price to book (P/B) is 84% more than its 5-year quarterly average of 1.1 and 44% more than its last 4 quarters average of 1.4
The equity is up by 31% since the previous quarter and by 14% year-on-year
OPTT's P/S is 65% below its 5-year quarterly average of 27.4 but 64% above its last 4 quarters average of 5.9
OPTT's revenue is up by 24% year-on-year but it is down by 14% since the previous quarter
Efficiency
How efficient is Ocean Power Technologies business performance
The return on sales has increased by 46% year-on-year but it has declined by 10% since the previous quarter
The return on invested capital has declined by 37% year-on-year
The return on equity has declined by 8% year-on-year but it has grown by 3% since the previous quarter
OPTT's return on assets is down by 4.6% year-on-year
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 soared by 133% QoQ and by 91% YoY
Ocean Power Technologies's current ratio has surged by 56% YoY and by 39% QoQ
The debt is 93% smaller than the equity
Ocean Power Technologies's debt to equity has decreased by 36% QoQ and by 36% YoY
The equity is up by 31% since the previous quarter and by 14% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.