OPTT
Ocean Power Technologies, Inc.
Price Chart
Latest Quote
$0.28
-0.01 (-4.27%)
Current Price
| Previous Close | $0.29 |
| Open | $0.29 |
| Day High | $0.29 |
| Day Low | $0.28 |
| Volume | 2,669,982 |
Stock Information
| Shares Outstanding | 255.17M |
| Total Debt | $8.55M |
| Cash Equivalents | $7.06M |
| Revenue | $3.44M |
| Net Income | $-36.00M |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Market Cap | $71.45M |
| EPS (TTM) | $-0.20 |
| Exchange | ASE |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $65.35M |
| Sales | $3.44M |
| Income | $-36.00M |
| Book/sh | $0.09 |
| Cash/sh | $0.03 |
| Employees | 53 |
Financial Ratios
| Quick Ratio | 0.71 |
| Current Ratio | 1.07 |
| Debt/Eq | 42.59 |
Returns & Margins
| ROA | -55.83% |
| ROE | -146.96% |
| Gross Margin | -56.39% |
| Operating Margin | -1777.39% |
Ownership
| Insider Ownership | 3.97% |
| Institutional Ownership | 9.98% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -0.13 |
| P/S | 20.80 |
| P/B | 3.01 |
Analyst Data
| Recommendation | none |
| Target Price | $1.50 |
Technical Indicators
| SMA20 | $0.33 |
| SMA50 | $0.35 |
| SMA200 | $0.42 |
| RSI | 32.26 |
| ATR | 0.0307 |
| Shares Float | 218.73M |
| Short Float | 6.31% |
| Short Ratio | 4.92 |
| Volatility | 2.53 |
| Rel Volume | 0.44 |
Performance History
| Week | +3.70% |
| Month | -15.15% |
| Quarter | -17.65% |
| 6 Months | -15.15% |
| YTD | -12.50% |
| Year | -48.15% |
| 3 Years | -54.10% |
| 5 Years | -88.76% |
| 10 Years | -99.54% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-22 | $0.28 | 2,743,700 |
| 2026-06-18 | $0.29 | 3,240,800 |
| 2026-06-17 | $0.28 | 3,420,800 |
| 2026-06-16 | $0.28 | 4,004,500 |
| 2026-06-15 | $0.29 | 6,480,900 |
| 2026-06-12 | $0.27 | 4,834,200 |
| 2026-06-11 | $0.30 | 4,983,500 |
| 2026-06-10 | $0.27 | 4,586,400 |
| 2026-06-09 | $0.28 | 10,999,900 |
| 2026-06-08 | $0.30 | 7,795,400 |
| 2026-06-05 | $0.29 | 31,611,900 |
| 2026-06-04 | $0.39 | 2,226,300 |
| 2026-06-03 | $0.40 | 7,411,900 |
| 2026-06-02 | $0.42 | 9,085,600 |
| 2026-06-01 | $0.39 | 3,203,800 |
| 2026-05-29 | $0.38 | 4,041,700 |
| 2026-05-28 | $0.39 | 5,173,100 |
| 2026-05-27 | $0.37 | 2,272,600 |
| 2026-05-26 | $0.35 | 4,091,600 |
About Ocean Power Technologies, Inc.
Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. Its maritime solutions include Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). The company also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements. The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.
đ° Latest News
Ocean Power Technologies reports successful PowerBuoy field performance for US Coast Guard
Proactive âĸ 2026-06-08T13:17:00Z
Ocean Power Technologies prices $10M registered direct offering
Proactive âĸ 2026-06-05T13:28:00Z
Capstone Climbs 109% Year to Date: Should You Buy the Stock?
Zacks âĸ 2026-06-04T17:38:00Z
Ocean Power Technologies expands defense engagement efforts in Europe
Proactive âĸ 2026-06-01T13:39:00Z
Ocean Power Technologies scales PowerBuoy fleet in the US, expands autonomous vessels overseas
Proactive âĸ 2026-05-19T13:14:00Z
Ocean Power Technologies deploys three PowerBuoy systems for DHS network off San Diego - ICYMI
Proactive âĸ 2026-05-16T15:00:00Z
Ocean Power deploys three PowerBuoys for DHS surveillance network
Proactive âĸ 2026-05-13T15:06:13Z
Can PowerBuoy Platform Lift Ocean Power Technologies Inc (OPTT) Stock?
Insider Monkey âĸ 2026-05-12T18:07:55Z
Ocean Power Technologies deploys PowerBuoy systems for US Homeland Security maritime surveillance
Proactive âĸ 2026-05-12T13:57:00Z
Ocean Power Technologies demonstrates autonomous offshore docking and charging system
Proactive âĸ 2026-05-07T13:07:00Z
Period:
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Income Statement (Annual)
| Metric | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $4,201,000 | $2,699,000 | $2,496,000 | $1,860,000 |
| Cost Of Revenue | $4,201,000 | $2,699,000 | $2,496,000 | $1,860,000 |
| Total Revenue | $5,861,000 | $5,525,000 | $2,732,000 | $1,759,000 |
| Operating Revenue | $5,861,000 | $5,525,000 | $2,732,000 | $1,759,000 |
| Expenses | ||||
| Total Expenses | $27,547,000 | $34,928,000 | $30,836,000 | $23,372,000 |
| Other Income Expense | $-906,000 | $-134,000 | $598,000 | $792,000 |
| Other Non Operating Income Expenses | $-23,000 | $2,000 | $1,251,000 | $60,000 |
| Net Non Operating Interest Income Expense | $47,000 | $800,000 | $902,000 | $124,000 |
| Operating Expense | $23,346,000 | $32,229,000 | $28,340,000 | $21,512,000 |
| Other Operating Expenses | $23,346,000 | $32,229,000 | $28,340,000 | $21,512,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-21,511,000 | $-27,483,000 | $-26,326,000 | $-18,874,000 |
| Net Interest Income | $47,000 | $800,000 | $902,000 | $124,000 |
| Interest Income | $47,000 | $800,000 | $902,000 | $124,000 |
| Normalized Income | $-20,668,498 | $-27,352,935 | $-25,679,530 | $-19,596,240 |
| Net Income From Continuing And Discontinued Operation | $-21,511,000 | $-27,483,000 | $-26,326,000 | $-18,874,000 |
| Total Operating Income As Reported | $-21,686,000 | $-29,331,000 | $-29,216,000 | $-21,553,000 |
| Net Income Common Stockholders | $-21,511,000 | $-27,483,000 | $-26,326,000 | $-18,874,000 |
| Net Income | $-21,511,000 | $-27,483,000 | $-26,326,000 | $-18,874,000 |
| Net Income Including Noncontrolling Interests | $-21,511,000 | $-27,483,000 | $-26,326,000 | $-18,874,000 |
| Net Income Continuous Operations | $-21,511,000 | $-27,483,000 | $-26,326,000 | $-18,874,000 |
| Pretax Income | $-22,545,000 | $-28,737,000 | $-26,604,000 | $-20,697,000 |
| Special Income Charges | $-838,000 | $-138,000 | $-654,000 | $793,000 |
| Interest Income Non Operating | $47,000 | $800,000 | $902,000 | $124,000 |
| Operating Income | $-21,686,000 | $-29,403,000 | $-28,104,000 | $-21,613,000 |
| Gross Profit | $1,660,000 | $2,826,000 | $236,000 | $-101,000 |
| Per Share | ||||
| Diluted EPS | $-0.17 | $-0.47 | $-0.47 | $-0.35 |
| Basic EPS | $-0.17 | $-0.47 | $-0.47 | $-0.35 |
| Other | ||||
| Tax Effect Of Unusual Items | $-40,618 | $-5,935 | $-6,530 | $69,760 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-19,047,000 | $-28,106,000 | $-26,814,000 | $-21,890,000 |
| Total Unusual Items | $-883,000 | $-136,000 | $-653,000 | $792,000 |
| Total Unusual Items Excluding Goodwill | $-883,000 | $-136,000 | $-653,000 | $792,000 |
| Reconciled Depreciation | $1,756,000 | $1,161,000 | $637,000 | $515,000 |
| EBITDA (Bullshit earnings) | $-19,930,000 | $-28,242,000 | $-27,467,000 | $-21,098,000 |
| EBIT | $-21,686,000 | $-29,403,000 | $-28,104,000 | $-21,613,000 |
| Diluted Average Shares | $126,913,998 | $59,031,736 | $55,998,543 | $54,010,233 |
| Basic Average Shares | $126,913,998 | $59,031,736 | $55,998,543 | $54,010,233 |
| Diluted NI Availto Com Stockholders | $-21,511,000 | $-27,483,000 | $-26,326,000 | $-18,874,000 |
| Tax Provision | $-1,034,000 | $-1,254,000 | $-278,000 | $-1,823,000 |
| Gain On Sale Of Ppe | $0 | $-210,000 | $0 | - |
| Other Special Charges | $838,000 | - | $-458,000 | $-890,000 |
| Restructuring And Mergern Acquisition | $0 | $-72,000 | $1,112,000 | $-60,000 |
| Gain On Sale Of Security | $-45,000 | $2,000 | $1,000 | $-1,000 |
| Gain On Sale Of Business | - | - | $0 | $-157,000 |
| Research And Development | - | - | - | - |
| Selling General And Administration | - | - | - | - |
Fetched: 2026-06-20
Balance Sheet (Annual)
| Metric | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $14,625,000 | $7,185,000 | $31,438,000 | $56,158,000 |
| Total Assets | $30,793,000 | $28,704,000 | $53,374,000 | $73,393,000 |
| Total Non Current Assets | $17,177,000 | $18,161,000 | $15,701,000 | $14,089,000 |
| Other Non Current Assets | $154,000 | $154,000 | $155,000 | $219,000 |
| Goodwill And Other Intangible Assets | $12,027,000 | $12,159,000 | $12,515,000 | $12,673,000 |
| Other Intangible Assets | $3,490,000 | $3,622,000 | $3,978,000 | $4,136,000 |
| Current Assets | $13,616,000 | $10,543,000 | $37,673,000 | $59,304,000 |
| Prepaid Assets | $400,000 | $1,747,000 | $994,000 | $467,000 |
| Inventory | $4,222,000 | $4,831,000 | $1,044,000 | $442,000 |
| Receivables | $2,279,000 | $814,000 | $897,000 | $868,000 |
| Other Receivables | $1,088,000 | $18,000 | $152,000 | $386,000 |
| Accounts Receivable | $1,191,000 | $796,000 | $745,000 | $482,000 |
| Cash Cash Equivalents And Short Term Investments | $6,715,000 | $3,151,000 | $34,673,000 | $57,269,000 |
| Cash And Cash Equivalents | $6,715,000 | $3,151,000 | $6,883,000 | $7,885,000 |
| Restricted Cash | - | $0 | $65,000 | $258,000 |
| Cash Equivalents | - | - | $4,009,000 | $6,070,000 |
| Cash Financial | - | - | $2,874,000 | $1,815,000 |
| Debt | ||||
| Total Debt | $1,799,000 | $2,572,000 | $1,840,000 | $857,000 |
| Long Term Debt And Capital Lease Obligation | $649,000 | $1,798,000 | $1,311,000 | $538,000 |
| Current Debt And Capital Lease Obligation | $1,150,000 | $774,000 | $529,000 | $319,000 |
| Long Term Debt | - | - | - | - |
| Current Debt | - | - | - | - |
| Other Current Borrowings | - | - | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $4,141,000 | $9,360,000 | $9,421,000 | $4,562,000 |
| Total Non Current Liabilities Net Minority Interest | $852,000 | $2,001,000 | $1,514,000 | $1,584,000 |
| Non Current Deferred Liabilities | $203,000 | $203,000 | $203,000 | $203,000 |
| Non Current Deferred Taxes Liabilities | $203,000 | $203,000 | $203,000 | $203,000 |
| Current Liabilities | $3,289,000 | $7,359,000 | $7,907,000 | $2,978,000 |
| Current Deferred Liabilities | $0 | $302,000 | $1,378,000 | $129,000 |
| Payables And Accrued Expenses | $1,380,000 | $5,012,000 | $2,850,000 | $1,188,000 |
| Payables | $868,000 | $4,496,000 | $2,452,000 | $905,000 |
| Other Payable | $300,000 | $1,130,000 | $1,500,000 | - |
| Accounts Payable | $568,000 | $3,366,000 | $952,000 | $905,000 |
| Other Current Liabilities | - | - | $1,202,000 | $748,000 |
| Other Non Current Liabilities | - | - | - | $843,000 |
| Total Tax Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $26,652,000 | $19,344,000 | $43,953,000 | $68,831,000 |
| Total Equity Gross Minority Interest | $26,652,000 | $19,344,000 | $43,953,000 | $68,831,000 |
| Stockholders Equity | $26,652,000 | $19,344,000 | $43,953,000 | $68,831,000 |
| Gains Losses Not Affecting Retained Earnings | $0 | $-45,000 | $-45,000 | $-46,000 |
| Retained Earnings | $-329,090,000 | $-307,579,000 | $-280,096,000 | $-253,770,000 |
| Other Equity Adjustments | - | $-45,000 | $-45,000 | $-46,000 |
| Other | ||||
| Treasury Shares Number | $787,477 | $88,017 | $40,914 | $23,352 |
| Ordinary Shares Number | $172,745,512 | $61,264,714 | $56,263,728 | $55,881,861 |
| Share Issued | $172,050,563 | $61,352,731 | $56,304,642 | $55,905,213 |
| Tangible Book Value | $14,625,000 | $7,185,000 | $31,438,000 | $56,158,000 |
| Invested Capital | $26,652,000 | $19,344,000 | $43,953,000 | $68,831,000 |
| Working Capital | $10,327,000 | $3,184,000 | $29,766,000 | $56,326,000 |
| Capital Lease Obligations | $1,799,000 | $2,572,000 | $1,840,000 | $857,000 |
| Total Capitalization | $26,652,000 | $19,344,000 | $43,953,000 | $68,831,000 |
| Treasury Stock | $1,018,000 | $369,000 | $355,000 | $341,000 |
| Additional Paid In Capital | $356,588,000 | $327,276,000 | $324,393,000 | $322,932,000 |
| Capital Stock | $172,000 | $61,000 | $56,000 | $56,000 |
| Common Stock | $172,000 | $61,000 | $56,000 | $56,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $649,000 | $1,798,000 | $1,311,000 | $538,000 |
| Current Deferred Revenue | $0 | $302,000 | $1,378,000 | $129,000 |
| Current Capital Lease Obligation | $1,150,000 | $774,000 | $529,000 | $319,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $759,000 | $1,271,000 | $1,948,000 | $266,000 |
| Current Accrued Expenses | $512,000 | $516,000 | $398,000 | $283,000 |
| Goodwill | $8,537,000 | $8,537,000 | $8,537,000 | $8,537,000 |
| Net PPE | $4,996,000 | $5,848,000 | $3,031,000 | $1,197,000 |
| Accumulated Depreciation | $-2,537,000 | $-1,973,000 | $-1,571,000 | $-1,585,000 |
| Gross PPE | $7,533,000 | $7,821,000 | $4,602,000 | $2,782,000 |
| Leases | $683,000 | $683,000 | $611,000 | $477,000 |
| Other Properties | $5,805,000 | $5,926,000 | $2,905,000 | $1,367,000 |
| Machinery Furniture Equipment | $1,045,000 | $1,212,000 | $1,086,000 | $923,000 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $0 | $136,000 | $0 | - |
| Work In Process | $636,000 | $397,000 | $0 | $244,000 |
| Raw Materials | $3,586,000 | $4,298,000 | $1,044,000 | $198,000 |
| Other Short Term Investments | - | $0 | $27,790,000 | $49,384,000 |
| Construction In Progress | - | - | $0 | $15,000 |
| Current Provisions | - | - | - | $328,000 |
| Non Current Deferred Revenue | - | - | - | - |
Fetched: 2026-06-20
Cash Flow Statement (Annual)
| Metric | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-19,139,000 | $-32,348,000 | $-22,726,000 | $-21,441,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-18,634,000 | $-29,763,000 | $-21,707,000 | $-21,296,000 |
| Cash Flow From Continuing Operating Activities | $-18,634,000 | $-29,763,000 | $-21,707,000 | $-21,296,000 |
| Operating Gains Losses | $994,000 | $208,000 | $-1,000 | $-732,000 |
| Investing Activities | ||||
| Capital Expenditure | $-505,000 | $-2,585,000 | $-1,019,000 | $-145,000 |
| Investing Cash Flow | $-505,000 | $25,496,000 | $20,462,000 | $-54,031,000 |
| Cash Flow From Continuing Investing Activities | $-505,000 | $25,496,000 | $20,462,000 | $-54,031,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $20,179,000 | $483,000 | $0 | $0 |
| Financing Cash Flow | $22,703,000 | $469,000 | $-14,000 | $87,000 |
| Cash Flow From Continuing Financing Activities | $22,703,000 | $469,000 | $-14,000 | $87,000 |
| Net Other Financing Charges | $-649,000 | $-14,000 | $-14,000 | $-3,000 |
| Net Common Stock Issuance | $20,179,000 | $483,000 | $0 | $-3,000 |
| Common Stock Issuance | $20,179,000 | $483,000 | $0 | $0 |
| Repurchase Of Capital Stock | - | - | - | $-3,000 |
| Other | ||||
| Issuance Of Debt | $3,173,000 | $0 | - | $0 |
| End Cash Position | $6,869,000 | $3,305,000 | $7,103,000 | $8,362,000 |
| Beginning Cash Position | $3,305,000 | $7,103,000 | $8,362,000 | $83,634,000 |
| Effect Of Exchange Rate Changes | $0 | $0 | $0 | $-32,000 |
| Changes In Cash | $3,564,000 | $-3,798,000 | $-1,259,000 | $-75,240,000 |
| Net Issuance Payments Of Debt | $3,173,000 | $0 | - | $0 |
| Net Long Term Debt Issuance | $3,173,000 | $0 | - | $0 |
| Long Term Debt Issuance | $3,173,000 | $0 | - | $0 |
| Net Investment Purchase And Sale | $0 | $28,081,000 | $21,481,000 | $-49,442,000 |
| Sale Of Investment | $0 | $35,975,000 | $64,923,000 | $0 |
| Purchase Of Investment | $0 | $-7,894,000 | $-43,442,000 | $-49,442,000 |
| Net PPE Purchase And Sale | $-505,000 | $-2,585,000 | $-1,019,000 | $-145,000 |
| Purchase Of PPE | $-505,000 | $-2,585,000 | $-1,019,000 | $-145,000 |
| Change In Working Capital | $-4,476,000 | $-4,442,000 | $1,297,000 | $-2,995,000 |
| Change In Other Working Capital | $-302,000 | $-1,076,000 | $1,249,000 | $-74,000 |
| Change In Other Current Liabilities | $-773,000 | $-514,000 | $-311,000 | $-309,000 |
| Change In Other Current Assets | $1,347,000 | $-753,000 | $-527,000 | $19,000 |
| Change In Payables And Accrued Expense | $-3,513,000 | $1,605,000 | $1,516,000 | $-2,011,000 |
| Change In Accrued Expense | $-515,000 | $-309,000 | $1,469,000 | $-1,004,000 |
| Change In Payable | $-2,998,000 | $1,914,000 | $47,000 | $-1,007,000 |
| Change In Account Payable | $-2,798,000 | $2,414,000 | $47,000 | $217,000 |
| Change In Inventory | $230,000 | $-3,787,000 | $-602,000 | $-292,000 |
| Change In Receivables | $-1,465,000 | $83,000 | $-28,000 | $-328,000 |
| Changes In Account Receivables | $-395,000 | $-51,000 | $-262,000 | $-133,000 |
| Stock Based Compensation | $4,603,000 | $1,155,000 | $1,461,000 | $1,169,000 |
| Amortization Of Securities | $0 | $-290,000 | $113,000 | $58,000 |
| Depreciation Amortization Depletion | $1,756,000 | $1,161,000 | $637,000 | $515,000 |
| Depreciation And Amortization | $1,756,000 | $1,161,000 | $637,000 | $515,000 |
| Amortization Cash Flow | $132,000 | $148,000 | $158,000 | $86,000 |
| Amortization Of Intangibles | $132,000 | $148,000 | $158,000 | $86,000 |
| Depreciation | $1,624,000 | $1,013,000 | $479,000 | $429,000 |
| Net Foreign Currency Exchange Gain Loss | $45,000 | $-2,000 | $-1,000 | $1,000 |
| Gain Loss On Sale Of PPE | $111,000 | $0 | - | $0 |
| Net Income From Continuing Operations | $-21,511,000 | $-27,483,000 | $-26,326,000 | $-18,874,000 |
| Other Non Cash Items | - | $-72,000 | $1,112,000 | $-60,000 |
| Proceeds From Stock Option Exercised | - | - | $0 | $90,000 |
| Net Business Purchase And Sale | - | - | $0 | $-4,444,000 |
| Purchase Of Business | - | - | $0 | $-4,444,000 |
| Deferred Tax | - | - | $0 | $-377,000 |
| Deferred Income Tax | - | - | $0 | $-377,000 |
| Gain Loss On Sale Of Business | - | - | $0 | $157,000 |
| Repayment Of Debt | - | - | - | $0 |
| Common Stock Payments | - | - | - | $-3,000 |
| Net Short Term Debt Issuance | - | - | - | $0 |
| Short Term Debt Issuance | - | - | - | $0 |
| Long Term Debt Payments | - | - | - | $0 |
| Sale Of Business | - | - | - | $0 |
| Interest Paid Supplemental Data | - | - | - | - |
Fetched: 2026-06-20