OPTT: Ocean Power Technologies Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Ocean Power Technologies Inc (OPTT).
$11.48M Market Cap.
OPTT Market Cap. (MRY)
OPTT Shares Outstanding (MRY)
OPTT Assets (MRY)
Total Assets
$28.70M
Total Liabilities
$9.36M
Total Investments
$154.00K
OPTT Income (MRY)
Revenue
$5.53M
Net Income
-$27.48M
Operating Expense
$32.37M
OPTT Cash Flow (MRY)
CF Operations
-$29.76M
CF Investing
$25.50M
CF Financing
$469.00K
OPTT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $28,704,000 (-46.22%) | $53,374,000 (-27.28%) | $73,393,000 (-15.03%) | $86,377,000 (538.03%) |
Assets Current | $10,543,000 (-72.01%) | $37,673,000 (-36.47%) | $59,304,000 (-29.77%) | $84,439,000 (624.61%) |
Assets Non-Current | $18,161,000 (15.67%) | $15,701,000 (11.44%) | $14,089,000 (626.99%) | $1,938,000 (2.81%) |
Goodwill & Intangible Assets | $12,159,000 (-2.84%) | $12,515,000 (-1.25%) | $12,673,000 (4525.18%) | $274,000 (0%) |
Shareholders Equity | $19,344,000 (-55.99%) | $43,953,000 (-36.14%) | $68,831,000 (-14.46%) | $80,468,000 (666.87%) |
Property Plant & Equipment Net | $5,848,000 (92.94%) | $3,031,000 (153.22%) | $1,197,000 (-16.99%) | $1,442,000 (-13.34%) |
Cash & Equivalents | $3,151,000 (-54.65%) | $6,948,000 (-14.68%) | $8,143,000 (-90.24%) | $83,412,000 (678.90%) |
Accumulated Other Comprehensive Income | -$45,000 (0.00%) | -$45,000 (2.17%) | -$46,000 (73.10%) | -$171,000 (6.56%) |
Deferred Revenue | $302,000 (-78.08%) | $1,378,000 (968.22%) | $129,000 (0%) | $0 (0%) |
Total Investments | $154,000 (-99.45%) | $27,945,000 (-43.66%) | $49,603,000 (22243.69%) | $222,000 (0.45%) |
Investments Current | $0 (0%) | $27,790,000 (-43.73%) | $49,384,000 (0%) | $0 (0%) |
Investments Non-Current | $154,000 (-0.65%) | $155,000 (-29.22%) | $219,000 (-1.35%) | $222,000 (0.45%) |
Inventory | $4,831,000 (362.74%) | $1,044,000 (136.20%) | $442,000 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $796,000 (6.85%) | $745,000 (54.56%) | $482,000 (37.71%) | $350,000 (233.33%) |
Trade & Non-Trade Payables | $3,366,000 (37.28%) | $2,452,000 (170.94%) | $905,000 (31.73%) | $687,000 (212.27%) |
Accumulated Retained Earnings (Deficit) | -$307,579,000 (-9.81%) | -$280,096,000 (-10.37%) | -$253,770,000 (-8.04%) | -$234,895,000 (-6.70%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $203,000 (0.00%) | $203,000 (0.00%) | $203,000 (0%) | $0 (0%) |
Total Debt | $2,572,000 (39.78%) | $1,840,000 (114.70%) | $857,000 (-58.34%) | $2,057,000 (57.38%) |
Debt Current | $774,000 (46.31%) | $529,000 (65.83%) | $319,000 (-62.11%) | $842,000 (267.69%) |
Debt Non-Current | $1,798,000 (37.15%) | $1,311,000 (143.68%) | $538,000 (-55.72%) | $1,215,000 (12.71%) |
Total Liabilities | $9,360,000 (-0.65%) | $9,421,000 (106.51%) | $4,562,000 (-22.80%) | $5,909,000 (94.06%) |
Liabilities Current | $7,359,000 (-6.93%) | $7,907,000 (165.51%) | $2,978,000 (-36.56%) | $4,694,000 (146.79%) |
Liabilities Non-Current | $2,001,000 (32.17%) | $1,514,000 (-4.42%) | $1,584,000 (30.37%) | $1,215,000 (6.30%) |
OPTT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $5,525,000 (102.23%) | $2,732,000 (55.32%) | $1,759,000 (45.85%) | $1,206,000 (-28.30%) |
Cost of Revenue | $2,699,000 (8.13%) | $2,496,000 (34.19%) | $1,860,000 (-18.39%) | $2,279,000 (27.53%) |
Selling General & Administrative Expense | $32,229,000 (13.72%) | $28,340,000 (31.74%) | $21,512,000 (71.83%) | $12,519,000 (81.02%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $32,367,000 (9.90%) | $29,452,000 (37.29%) | $21,452,000 (56.09%) | $13,743,000 (22.05%) |
Interest Expense | -$800,000 (11.31%) | -$902,000 (-627.42%) | -$124,000 (0.00%) | -$124,000 (0.00%) |
Income Tax Expense | -$1,254,000 (-351.08%) | -$278,000 (84.75%) | -$1,823,000 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$27,483,000 (-4.39%) | -$26,326,000 (-39.48%) | -$18,874,000 (-27.87%) | -$14,760,000 (-42.58%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$27,483,000 (-4.39%) | -$26,326,000 (-39.48%) | -$18,874,000 (-27.87%) | -$14,760,000 (-42.58%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$27,483,000 (-4.39%) | -$26,326,000 (-39.48%) | -$18,874,000 (-27.87%) | -$14,760,000 (-42.58%) |
Weighted Average Shares | $59,031,736 (5.42%) | $55,998,543 (3.68%) | $54,010,233 (79.92%) | $30,018,838 (316.37%) |
Weighted Average Shares Diluted | $59,031,736 (5.42%) | $55,998,543 (3.68%) | $54,010,233 (79.92%) | $30,018,838 (316.37%) |
Earning Before Interest & Taxes (EBIT) | -$29,537,000 (-7.38%) | -$27,506,000 (-32.11%) | -$20,821,000 (-39.89%) | -$14,884,000 (-30.89%) |
Gross Profit | $2,826,000 (1097.46%) | $236,000 (333.66%) | -$101,000 (90.59%) | -$1,073,000 (-921.90%) |
Operating Income | -$29,541,000 (-1.11%) | -$29,216,000 (-35.55%) | -$21,553,000 (-45.47%) | -$14,816,000 (-30.37%) |
OPTT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $25,496,000 (24.60%) | $20,462,000 (137.87%) | -$54,031,000 (-73114.86%) | $74,000 (213.85%) |
Net Cash Flow from Financing | $469,000 (3450.00%) | -$14,000 (-116.09%) | $87,000 (-99.90%) | $84,170,000 (1792.74%) |
Net Cash Flow from Operations | -$29,763,000 (-37.11%) | -$21,707,000 (-1.93%) | -$21,296,000 (-82.42%) | -$11,674,000 (-10.35%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$3,798,000 (-201.67%) | -$1,259,000 (98.33%) | -$75,272,000 (-203.53%) | $72,704,000 (1267.19%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | -$4,444,000 (-4544.00%) | $100,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $28,081,000 (30.72%) | $21,481,000 (143.45%) | -$49,442,000 (0%) | $0 (0%) |
Capital Expenditure | -$2,585,000 (-153.68%) | -$1,019,000 (-602.76%) | -$145,000 (-457.69%) | -$26,000 (60.00%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | $890,000 (0%) |
Issuance (Purchase) of Equity Shares | $483,000 (0%) | $0 (0%) | $90,000 (-99.89%) | $83,525,000 (1771.50%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | -$32,000 (-123.88%) | $134,000 (518.75%) |
Share Based Compensation | $1,155,000 (-20.94%) | $1,461,000 (24.98%) | $1,169,000 (49.68%) | $781,000 (129.71%) |
Depreciation Amortization & Accretion | $1,161,000 (82.26%) | $637,000 (23.69%) | $515,000 (38.44%) | $372,000 (4.79%) |
OPTT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 51.10% (494.19%) | 8.60% (250.88%) | -5.70% (93.60%) | -89.00% (-1335.48%) |
Profit Margin | -497.40% (48.38%) | -963.60% (10.20%) | -1073.00% (12.33%) | -1223.90% (-98.85%) |
EBITDA Margin | -513.60% (47.78%) | -983.50% (14.80%) | -1154.40% (4.06%) | -1203.30% (-83.74%) |
Return on Average Equity (ROAE) | -95.70% (-98.96%) | -48.10% (-86.43%) | -25.80% (20.37%) | -32.40% (65.68%) |
Return on Average Assets (ROAA) | -74.00% (-72.09%) | -43.00% (-75.51%) | -24.50% (16.10%) | -29.20% (58.58%) |
Return on Sales (ROS) | -534.60% (46.90%) | -1006.80% (14.94%) | -1183.70% (4.09%) | -1234.20% (-82.57%) |
Return on Invested Capital (ROIC) | -180.10% (-130.31%) | -78.20% (50.97%) | -159.50% (84.98%) | -1061.60% (-93.51%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -0.41 (61.98%) | -1.08 (64.31%) | -3.03 (40.86%) | -5.12 (-1552.26%) |
Price to Sales Ratio (P/S) | 2.06 (-80.20%) | 10.41 (-68.00%) | 32.55 (-47.91%) | 62.48 (3165.92%) |
Price to Book Ratio (P/B) | 0.59 (-8.77%) | 0.65 (-24.51%) | 0.86 (-45.85%) | 1.59 (303.55%) |
Debt to Equity Ratio (D/E) | 0.48 (126.17%) | 0.21 (224.24%) | 0.07 (-9.59%) | 0.07 (-74.83%) |
Earnings Per Share (EPS) | -0.47 (0.00%) | -0.47 (-34.29%) | -0.35 (28.57%) | -0.49 (65.97%) |
Sales Per Share (SPS) | 0.09 (91.84%) | 0.05 (48.48%) | 0.03 (-17.50%) | 0.04 (-82.83%) |
Free Cash Flow Per Share (FCFPS) | -0.55 (-34.98%) | -0.41 (-2.27%) | -0.4 (-1.79%) | -0.39 (73.58%) |
Book Value Per Share (BVPS) | 0.33 (-58.22%) | 0.79 (-38.38%) | 1.27 (-52.48%) | 2.68 (84.26%) |
Tangible Assets Book Value Per Share (TABVPS) | 0.28 (-61.64%) | 0.73 (-35.05%) | 1.12 (-60.81%) | 2.87 (52.72%) |
Enterprise Value Over EBIT (EV/EBIT) | 0 (0%) | -1 (0%) | 0 (0%) | -3 (0%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -0.33 (51.70%) | -0.68 (-476.11%) | 0.18 (105.22%) | -3.44 (-845.67%) |
Asset Turnover | 0.15 (231.11%) | 0.04 (95.65%) | 0.02 (-4.17%) | 0.02 (-79.13%) |
Current Ratio | 1.43 (-69.93%) | 4.76 (-76.07%) | 19.91 (10.70%) | 17.99 (193.60%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$32,348,000 (-42.34%) | -$22,726,000 (-5.99%) | -$21,441,000 (-83.26%) | -$11,700,000 (-9.92%) |
Enterprise Value (EV) | $9,292,470 (-48.88%) | $18,179,195 (597.77%) | -$3,652,134 (-107.31%) | $49,994,258 (1081.77%) |
Earnings Before Tax (EBT) | -$28,737,000 (-8.02%) | -$26,604,000 (-28.54%) | -$20,697,000 (-40.22%) | -$14,760,000 (-31.23%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$28,376,000 (-5.61%) | -$26,869,000 (-32.32%) | -$20,306,000 (-39.93%) | -$14,512,000 (-31.74%) |
Invested Capital | $8,607,000 (-69.09%) | $27,844,000 (-44.82%) | $50,456,000 (93337.04%) | $54,000 (-97.58%) |
Working Capital | $3,184,000 (-89.30%) | $29,766,000 (-47.15%) | $56,326,000 (-29.37%) | $79,745,000 (717.81%) |
Tangible Asset Value | $16,545,000 (-59.51%) | $40,859,000 (-32.71%) | $60,720,000 (-29.48%) | $86,103,000 (536.01%) |
Market Capitalization | $11,476,470 (-59.82%) | $28,562,195 (-51.79%) | $59,247,866 (-53.70%) | $127,974,258 (2998.10%) |
Average Equity | $28,704,750 (-47.57%) | $54,743,500 (-25.24%) | $73,227,750 (60.56%) | $45,608,500 (316.11%) |
Average Assets | $37,142,250 (-39.37%) | $61,263,250 (-20.63%) | $77,190,000 (52.68%) | $50,558,250 (244.46%) |
Invested Capital Average | $16,402,500 (-53.36%) | $35,166,750 (169.38%) | $13,054,500 (831.13%) | $1,402,000 (-32.36%) |
Shares | 59,463,573 (5.78%) | 56,213,728 (0.57%) | 55,894,213 (9.63%) | 50,985,760 (450.87%) |
