Company Analysis

Ocean Power Technologies, Inc. (OPTT)

NYSE: OPTT · Electric Services · Monroe Township, NJ · filing with the SEC since 2006
Grade1.9
◀ Past 1.2● Present 2.0▶ Future 2.2
1 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in April.
Income statement, by fiscal year, newest first
Fiscal yearFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Period endingApr 30, 2026Apr 30, 2025Apr 30, 2024Apr 30, 2023Apr 30, 2022Apr 30, 2021Apr 30, 2020Apr 30, 2019Apr 30, 2018Apr 30, 2017
Report filedAug 19, 2026Jul 24, 2025Jul 25, 2024Jul 28, 2023Jul 13, 2022Jul 19, 2021Jun 29, 2020Jul 22, 2019Jul 17, 2018Jul 14, 2017
Revenue3,7375,8615,5252,7321,7591,2061,700600r511843
For lenders
Net interest income-2,78547800902124124124358328
Cost of revenue9,6584,2012,6992,4961,8602,2791,7871,303763938
Gross profit-5,9211,6602,826236-101-1,073-105-671-252-95
Research and development·3,6007,70010,000·4,7474,3444,9844,3205,029
Selling, general and administrative·····7,7726,9167,6166,9886,563
General and administrative3,5682,889········
Total operating expenses32,44223,34632,15729,45221,452r12,51911,26012,60011,30811,592
Total costs and expenses·23,34632,22928,340······
Operating income-38,363-21,686-29,331-29,216-21,553r-13,592-11,365-13,271-11,560-11,687
Interest expense124·········
Other income (expense), net·····-83··4·
Income before income taxes-48,915-25,500r-28,737-26,604-20,697-14,760-11,247-13,096-11,276-10,184
Income tax expense·-1,034-1,254-278-1,823·-895-850-1,119-698
Net income including non-controlling interests-48,900·······-10,157-9,486
Net income-48,915-24,466r-27,483-26,326-18,874-14,760-10,352-12,246-10,157-9,486
Earnings per share, basic-0.25-0.19r-0.47-0.47-0.35-0.49····
Earnings per share, diluted-0.25-0.19r-0.47-0.47-0.35·····
Earnings per share, basic and diluted·····-0.49-1.44-9.52-13.24r-2.23
Weighted average shares, basic194,349,416126,913,99859,031,73655,998,543r54,010,233b30,018,838b····
Weighted average shares, diluted194,349,416126,913,99859,031,73655,998,543r54,010,233,000·····
Weighted average shares, basic and diluted·····30,018,8387,209,7321,286,727767,330r4,259,172r
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:OperatingCostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton OPTT · research, not advice