What does Ocean Power Technologies, Inc. do?

Jun 22 2025 06:44 PM IST
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Ocean Power Technologies, Inc. develops systems that generate electricity from ocean waves and is classified as a micro-cap company with a market cap of approximately $90.62 million. As of January 2025, it reported net sales of $1 million and a net loss of $7 million.
Overview:
Ocean Power Technologies, Inc. is engaged in developing and commercializing systems that generate electricity from ocean waves, operating within the Electronics & Appliances industry and classified as a micro-cap company.

Financial Snapshot:
Most recent Net Sales: 1 Million (Quarterly Results - Jan 2025)
Most recent Net Profit: -7 Million (Quarterly Results - Jan 2025)
Market cap: USD 90.62 Million (Micro Cap)

Key Metrics:
P/E: NA (Loss Making)
Industry P/E: NA
Dividend Yield: 0.00%
Debt Equity: -0.31
Return on Equity: -72.38%
Price to Book: 3.13

Contact Details:
Address: 28 Engelhard Dr Ste B, MONROE TOWNSHIP NJ: 08831-3720
Tel: 1 609 7300400
Website: http://www.oceanpowertechnologies.com
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