Ocean Historical Income Statement

OPTT Stock

USD 0.37 0.08 27.59%

Historical analysis of Ocean Power income statement accounts such as Gross Profit of 3 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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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 closely tied with the direction of predictive economic indicators such as signals in estimate.

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

At this time, Ocean Power's Net Interest Income is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 1.2 M in 2024, despite the fact that EBIT is likely to grow to (27.9 M).

Total Revenue Other Operating Expenses Research Development Cost Of Revenue

Total Revenue

Total revenue comprises all receipts Ocean Power Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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 closely tied with the direction of predictive economic indicators such as signals in estimate.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	21.5M	28.3M	32.2M	33.8M
Cost Of Revenue	1.9M	2.5M	2.7M	2.6M

Total Operating Expenses Cost Of Revenue

Ocean Power income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Minority Interest	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Non Recurring	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.75	0.78	0.72	0.71	-0.78	-0.79	0.53	-0.77	0.46	0.83	-0.8	0.25	-0.79	-0.22	0.8	-0.14	-0.74	-0.41	-0.09	0.43	0.19	0.71	0.79
Interest Expense	0.75		0.57	0.84	0.68	-0.83	-0.83	0.55	-0.83	0.08	0.88	-0.82	0.5	-0.84	-0.03	0.99	0.29	-0.91	-0.24	0.18	0.66	0.45	0.98	0.92
Total Revenue	0.78	0.57		0.68	0.56	-0.53	-0.53	0.42	-0.51	0.79	0.6	-0.55	0.1	-0.54	-0.17	0.63	-0.19	-0.65	-0.26	-0.1	0.12	0.1	0.51	0.57
Gross Profit	0.72	0.84	0.68		0.52	-0.67	-0.67	0.47	-0.67	0.1	0.77	-0.67	0.28	-0.65	-0.33	0.86	0.15	-0.75	-0.12	-0.18	0.55	0.35	0.77	0.87
Other Operating Expenses	0.71	0.68	0.56	0.52		-0.91	-0.9	0.92	-0.9	0.34	0.86	-0.9	0.44	-0.9	-0.22	0.72	-0.02	-0.76	-0.32	0.05	0.5	0.33	0.7	0.64
Operating Income	-0.78	-0.83	-0.53	-0.67	-0.91		0.99	-0.88	0.99	-0.16	-0.98	1.0	-0.47	0.99	0.24	-0.86	-0.13	0.84	0.32	0.0	-0.57	-0.36	-0.84	-0.81
Ebit	-0.79	-0.83	-0.53	-0.67	-0.9	0.99		-0.86	1.0	-0.16	-0.98	0.99	-0.52	0.98	0.23	-0.86	-0.09	0.83	0.27	-0.04	-0.6	-0.4	-0.84	-0.81
Research Development	0.53	0.55	0.42	0.47	0.92	-0.88	-0.86		-0.87	0.18	0.82	-0.87	0.34	-0.85	-0.35	0.59	0.1	-0.66	-0.23	-0.14	0.46	0.3	0.57	0.56
Ebitda	-0.77	-0.83	-0.51	-0.67	-0.9	0.99	1.0	-0.87		-0.14	-0.98	0.99	-0.53	0.98	0.23	-0.86	-0.1	0.82	0.26	-0.04	-0.6	-0.41	-0.84	-0.81
Cost Of Revenue	0.46	0.08	0.79	0.1	0.34	-0.16	-0.16	0.18	-0.14		0.17	-0.19	-0.1	-0.19	0.05	0.14	-0.39	-0.26	-0.26	0.03	-0.28	-0.16	0.06	0.05
Total Operating Expenses	0.83	0.88	0.6	0.77	0.86	-0.98	-0.98	0.82	-0.98	0.17		-0.98	0.45	-0.97	-0.27	0.91	0.12	-0.86	-0.31	-0.04	0.59	0.36	0.87	0.87
Income Before Tax	-0.8	-0.82	-0.55	-0.67	-0.9	1.0	0.99	-0.87	0.99	-0.19	-0.98		-0.39	0.99	0.23	-0.85	-0.11	0.84	0.38	0.04	-0.57	-0.3	-0.83	-0.82
Total Other Income Expense Net	0.25	0.5	0.1	0.28	0.44	-0.47	-0.52	0.34	-0.53	-0.1	0.45	-0.39		-0.38	-0.14	0.5	0.02	-0.41	0.3	0.51	0.32	0.66	0.55	0.33
Net Income	-0.79	-0.84	-0.54	-0.65	-0.9	0.99	0.98	-0.85	0.98	-0.19	-0.97	0.99	-0.38		0.12	-0.86	-0.16	0.86	0.38	-0.01	-0.6	-0.32	-0.85	-0.83
Income Tax Expense	-0.22	-0.03	-0.17	-0.33	-0.22	0.24	0.23	-0.35	0.23	0.05	-0.27	0.23	-0.14	0.12		-0.08	0.37	0.0	0.07	0.53	0.13	0.12	0.05	-0.05
Selling General Administrative	0.8	0.99	0.63	0.86	0.72	-0.86	-0.86	0.59	-0.86	0.14	0.91	-0.85	0.5	-0.86	-0.08		0.21	-0.94	-0.27	0.1	0.62	0.42	0.97	0.93
Minority Interest	-0.14	0.29	-0.19	0.15	-0.02	-0.13	-0.09	0.1	-0.1	-0.39	0.12	-0.11	0.02	-0.16	0.37	0.21		-0.25	0.13	0.05	0.58	0.27	0.32	0.35
Net Income From Continuing Ops	-0.74	-0.91	-0.65	-0.75	-0.76	0.84	0.83	-0.66	0.82	-0.26	-0.86	0.84	-0.41	0.86	0.0	-0.94	-0.25		0.38	0.01	-0.53	-0.31	-0.92	-0.88
Non Operating Income Net Other	-0.41	-0.24	-0.26	-0.12	-0.32	0.32	0.27	-0.23	0.26	-0.26	-0.31	0.38	0.3	0.38	0.07	-0.27	0.13	0.38		0.29	-0.01	0.67	-0.26	-0.3
Tax Provision	-0.09	0.18	-0.1	-0.18	0.05	0.0	-0.04	-0.14	-0.04	0.03	-0.04	0.04	0.51	-0.01	0.53	0.1	0.05	0.01	0.29		0.13	0.47	0.24	-0.08
Non Recurring	0.43	0.66	0.12	0.55	0.5	-0.57	-0.6	0.46	-0.6	-0.28	0.59	-0.57	0.32	-0.6	0.13	0.62	0.58	-0.53	-0.01	0.13		0.45	0.65	0.75
Interest Income	0.19	0.45	0.1	0.35	0.33	-0.36	-0.4	0.3	-0.41	-0.16	0.36	-0.3	0.66	-0.32	0.12	0.42	0.27	-0.31	0.67	0.47	0.45		0.46	0.34
Net Interest Income	0.71	0.98	0.51	0.77	0.7	-0.84	-0.84	0.57	-0.84	0.06	0.87	-0.83	0.55	-0.85	0.05	0.97	0.32	-0.92	-0.26	0.24	0.65	0.46		0.9
Reconciled Depreciation	0.79	0.92	0.57	0.87	0.64	-0.81	-0.81	0.56	-0.81	0.05	0.87	-0.82	0.33	-0.83	-0.05	0.93	0.35	-0.88	-0.3	-0.08	0.75	0.34	0.9

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Ocean Power Account Relationship Matchups

Ocean Power income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	361K	372K	515K	637K	1.2M	1.2M
Total Revenue	1.7M	1.2M	1.8M	2.7M	5.5M	5.8M
Gross Profit	(105K)	(1.1M)	(101K)	236K	2.8M	3.0M
Other Operating Expenses	13.0M	14.8M	23.4M	30.8M	34.9M	19.5M
Operating Income	(11.4M)	(13.6M)	(21.6M)	(29.2M)	(29.4M)	(27.9M)
Ebit	(11.4M)	(13.8M)	(21.6M)	(28.4M)	(29.4M)	(27.9M)
Research Development	5.0M	4.3M	4.7M	9.6M	11.0M	6.9M
Ebitda	(11.0M)	(13.4M)	(21.1M)	(27.8M)	(28.2M)	(26.8M)
Cost Of Revenue	1.8M	2.3M	1.9M	2.5M	2.7M	2.6M
Total Operating Expenses	11.3M	12.5M	21.5M	28.3M	32.2M	33.8M
Income Before Tax	(11.2M)	(14.8M)	(20.7M)	(26.6M)	(28.7M)	(27.3M)
Total Other Income Expense Net	118K	(1.2M)	856K	2.6M	666K	699.3K
Net Income	(10.4M)	(15.8M)	(18.9M)	(26.3M)	(27.5M)	(26.1M)
Income Tax Expense	(895K)	1.1M	(1.8M)	(278K)	(1.3M)	(1.3M)
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)	(27.5M)	(26.1M)
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)	(1.3M)	(1.3M)
Interest Income	83K	35K	124K	902K	800K	468.9K
Net Interest Income	83K	35K	124K	902K	800K	840K
Reconciled Depreciation	355K	372K	515K	637K	1.2M	1.2M

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Ocean Historical Income Statement

About Ocean Income Statement Analysis

Ocean Power Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

Ocean Power income statement Correlations

Ocean Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ocean Power income statement Accounts

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COMMON DESTINATIONS

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COMPANY

Income Before Tax	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Selling General Administrative	+ 0.99	Interest Expense
Ebit	+ 0.99	Operating Income
Ebitda	+ 0.99	Operating Income
Net Income	+ 0.99	Operating Income

Income Before Tax	- 0.98	Total Operating Expenses
Total Operating Expenses	- 0.98	Ebitda
Total Operating Expenses	- 0.98	Ebit
Total Operating Expenses	- 0.98	Operating Income
Net Income	- 0.97	Total Operating Expenses
Net Income From Continuing Ops	- 0.94	Selling General Administrative