OPTT Financial Statements

Balance sheet, income statement, cash flow, and dividends for Ocean Power Technologies Inc (OPTT).


$11.48M Market Cap.

As of 07/25/2024 5:00 PM ET (MRY) • Disclaimer

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 Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

-

0%

-

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%)