Ocean Historical Income Statement
| OPTT Stock | USD 0.19 0.01 5.00% |
Historical analysis of Ocean Power income statement accounts such as Other Operating Expenses of 18.6 M can show how well Ocean Power Technologies performed in making a profits. Evaluating Ocean Power income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ocean Power's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ocean Power Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ocean Power Technologies is a good buy for the upcoming year.
Ocean |
About Ocean Income Statement Analysis
Ocean Power Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ocean Power shareholders. The income statement also shows Ocean investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Ocean Power Income Statement Chart
Ocean Power Technologies Income Statement is one of the three primary financial statements used for reporting Ocean's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ocean Power Technologies revenue and expense. Ocean Power Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Ocean Power's Reconciled Depreciation is comparatively stable compared to the past year. Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ocean Power Technologies. It is also known as Ocean Power overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Ocean Power Technologies income statement and represents the costs associated with goods and services Ocean Power provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Ocean Power's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ocean Power Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocean Power Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, Ocean Power's Reconciled Depreciation is comparatively stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 21.5M | 28.3M | 32.6M | 34.2M | Cost Of Revenue | 1.9M | 2.5M | 2.2M | 2.6M |
Ocean Power income statement Correlations
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Ocean Power Account Relationship Matchups
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Ocean Power income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 361K | 1.6M | (217K) | 653K | 751.0K | 394.1K | |
| Total Revenue | 1.7M | 1.2M | 1.8M | 2.7M | 2.5M | 2.4M | |
| Gross Profit | (105K) | (1.1M) | (101K) | 236K | 271.4K | 285.0K | |
| Other Operating Expenses | 13.0M | 14.8M | 23.4M | 30.8M | 35.5M | 18.6M | |
| Operating Income | (11.4M) | (13.6M) | (21.6M) | (29.2M) | (26.3M) | (25.0M) | |
| Ebit | (11.4M) | (13.6M) | (21.6M) | (29.2M) | (26.3M) | (25.0M) | |
| Research Development | 5.0M | 4.3M | 4.7M | 9.6M | 11.0M | 6.9M | |
| Ebitda | (11.0M) | (12.0M) | (21.8M) | (28.6M) | (25.7M) | (24.4M) | |
| Cost Of Revenue | 1.8M | 2.3M | 1.9M | 2.5M | 2.2M | 2.6M | |
| Total Operating Expenses | 11.3M | 12.5M | 21.5M | 28.3M | 32.6M | 34.2M | |
| Income Before Tax | (11.2M) | (14.8M) | (20.7M) | (26.6M) | (23.9M) | (22.7M) | |
| Total Other Income Expense Net | 118K | (1.2M) | 916K | 2.6M | 3.0M | 3.2M | |
| Net Income | (10.4M) | (15.8M) | (18.9M) | (26.3M) | (23.7M) | (22.5M) | |
| Income Tax Expense | (895K) | 1.1M | (1.8M) | (278K) | (319.7K) | (335.7K) | |
| Selling General Administrative | 6.9M | 7.8M | 11.9M | 29.5M | 33.9M | 35.6M | |
| Net Income From Continuing Ops | (10.4M) | (14.8M) | (18.9M) | (26.3M) | (23.7M) | (22.5M) | |
| Non Operating Income Net Other | 140K | (6K) | (68K) | 1K | 900.0 | 855.0 | |
| Net Income Applicable To Common Shares | (10.4M) | (14.8M) | (18.9M) | (26.3M) | (23.7M) | (22.5M) | |
| Tax Provision | (895K) | (1.0M) | (1.8M) | (278K) | (319.7K) | (335.7K) | |
| Interest Income | 83K | 35K | 124K | 902K | 811.8K | 852.4K | |
| Net Interest Income | 83K | 35K | 124K | 902K | 1.0M | 1.1M | |
| Reconciled Depreciation | 355K | 372K | 515K | 637K | 732.6K | 769.2K |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ocean Power in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ocean Power's short interest history, or implied volatility extrapolated from Ocean Power options trading.
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocean Power Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Ocean Stock analysis
When running Ocean Power's price analysis, check to measure Ocean Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.
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Is Ocean Power's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ocean Power. If investors know Ocean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ocean Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.52) | Revenue Per Share 0.085 | Quarterly Revenue Growth 1.441 | Return On Assets (0.42) | Return On Equity (0.77) |
The market value of Ocean Power Technologies is measured differently than its book value, which is the value of Ocean that is recorded on the company's balance sheet. Investors also form their own opinion of Ocean Power's value that differs from its market value or its book value, called intrinsic value, which is Ocean Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ocean Power's market value can be influenced by many factors that don't directly affect Ocean Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ocean Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocean Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocean Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.