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OPTT Ocean Power Technologies Inc

Price (delayed)

$0.4531

Market cap

$66.17M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$0.32

Enterprise value

$66.4M

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
Ocean Power Technologies's gross profit has surged by 153% YoY and by 12% QoQ
OPTT's revenue has surged by 83% year-on-year and by 28% since the previous quarter
OPTT's quick ratio has shrunk by 60% YoY but it is up by 42% QoQ
The debt has increased by 42% year-on-year but it has declined by 5% since the previous quarter
The equity has declined by 30% year-on-year

Key stats

What are the main financial stats of OPTT
Market
Shares outstanding
146.04M
Market cap
$66.17M
Enterprise value
$66.4M
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
2.01
Price to sales (P/S)
6.93
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
9.38
Earnings
Revenue
$7.08M
Gross profit
$2.92M
Net income
-$21.6M
EBIT
-$23.05M
EBITDA
-$21.4M
Free cash flow
-$27.17M
Per share
EPS
-$0.32
EPS diluted
-$0.32
Free cash flow per share
-$0.25
Book value per share
$0.23
Revenue per share
$0.07
TBVPS
$0.14
Balance sheet
Total assets
$26.95M
Total liabilities
$4.83M
Debt
$2.33M
Equity
$22.12M
Working capital
$6.04M
Liquidity
Debt to equity
0.11
Current ratio
2.79
Quick ratio
1.15
Net debt/EBITDA
-0.01
Margins
EBITDA margin
-302.1%
Gross margin
41.2%
Net margin
-304.9%
Operating margin
-325.7%
Efficiency
Return on assets
-72.4%
Return on equity
-97%
Return on invested capital
-206.5%
Return on capital employed
-97.8%
Return on sales
-325.4%
Dividend
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
37.85%
1 week
45.5%
1 month
55.22%
1 year
30.54%
YTD
43.39%
QTD
190.82%

Financial performance

How have Ocean Power Technologies's revenue and profit performed over time
Revenue
$7.08M
Gross profit
$2.92M
Operating income
-$23.07M
Net income
-$21.6M
Gross margin
41.2%
Net margin
-304.9%
Ocean Power Technologies's gross profit has surged by 153% YoY and by 12% QoQ
OPTT's revenue has surged by 83% year-on-year and by 28% since the previous quarter
The net margin has surged by 60% year-on-year and by 32% since the previous quarter
OPTT's operating margin has surged by 60% year-on-year and by 32% 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
2.01
P/S
6.93
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
9.38
The EPS has increased by 38% year-on-year and by 20% since the previous quarter
The stock's price to book (P/B) is 109% more than its last 4 quarters average of 0.7 and 46% more than its 5-year quarterly average of 1.0
The equity has declined by 30% year-on-year
OPTT's revenue has surged by 83% year-on-year and by 28% since the previous quarter
OPTT's P/S is 81% below its 5-year quarterly average of 26.8 but 80% above its last 4 quarters average of 2.8

Efficiency

How efficient is Ocean Power Technologies business performance
The return on invested capital has dropped by 70% year-on-year
The return on sales has surged by 60% year-on-year and by 32% since the previous quarter
The return on equity has declined by 36% year-on-year but it has grown by 4% since the previous quarter
OPTT's return on assets is down by 20% year-on-year but it is up by 4% 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 60% YoY but it is up by 42% QoQ
OPTT's total liabilities is down by 39% year-on-year and by 30% since the previous quarter
The debt is 89% smaller than the equity
Ocean Power Technologies's debt to equity has surged by 120% YoY
The debt has increased by 42% year-on-year but it has declined by 5% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.