OPTT Ocean Power Technologies Inc
Price (delayed)
$0.4801
Market cap
$70.11M
P/E Ratio
N/A
Dividend/share
N/A
EPS
-$0.32
Enterprise value
$70.35M
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
Valuations
Earnings
Shares outstanding
146.04M
Market cap
$70.11M
Enterprise value
$70.35M
Price to earnings (P/E)
N/A
Price to book (P/B)
2.13
Price to sales (P/S)
7.35
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
9.93
Revenue
$7.08M
Gross profit
$2.92M
Operating income
-$23.07M
Net income
-$21.6M
EBIT
-$23.05M
EBITDA
-$21.4M
Free cash flow
-$27.17M
Per share
Balance sheet
Liquidity
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
Total assets
$26.95M
Total liabilities
$4.83M
Debt
$2.33M
Equity
$22.12M
Working capital
$6.04M
Debt to equity
0.11
Current ratio
2.79
Quick ratio
1.15
Net debt/EBITDA
-0.01
Margins
Efficiency
Dividend
EBITDA margin
-302.1%
Gross margin
41.2%
Net margin
-304.9%
Operating margin
-325.7%
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 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
5.98%
1 week
-6.18%
1 month
-36.33%
1 year
64.81%
YTD
-52.93%
QTD
-52.93%
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
OPTT's operating margin has surged by 60% year-on-year and by 32% since the previous quarter
The net 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
2.13
P/S
7.35
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
9.93
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 113% more than its 5-year quarterly average of 1.0
The equity has declined by 30% year-on-year
OPTT's P/S is 163% above its last 4 quarters average of 2.8 but 74% below its 5-year quarterly average of 28.0
OPTT's revenue has surged by 83% year-on-year and by 28% since the previous quarter
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.