Ocean Power Technologies Income Statement

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Revenue	3.75	5.86	5.53	2.73	1.76	1.21
Revenue Growth (YoY)	-47.09%	6.08%	102.23%	55.32%	45.85%	-28.30%
Cost of Revenue	4.73	4.2	2.7	2.5	1.86	2.28
Gross Profit	-0.99	1.66	2.83	0.24	-0.1	-1.07
Selling, General & Admin	29.51	23.35	32.23	28.34	21.51	12.52
Operating Expenses	29.51	23.35	32.23	28.34	21.51	12.52
Operating Income	-30.5	-21.69	-29.4	-28.1	-21.61	-13.59
Interest Expense	-0.87	-	-	-	-	-
Interest & Investment Income	0.04	0.05	0.8	0.9	0.12	0.12
Currency Exchange Gain (Loss)	-0.05	-0.05	0	0	-0	0.02
Other Non Operating Income (Expenses)	-0.04	-0.02	0	-	-	-0.08
EBT Excluding Unusual Items	-31.43	-21.71	-28.6	-27.2	-21.49	-13.54
Gain (Loss) on Sale of Assets	-	-	-0.21	-	-0.16	-
Legal Settlements	-0.2	-	-	-	-	-1.22
Other Unusual Items	-0.84	-0.84	0.07	0.14	0.95	-
Pretax Income	-32.39	-22.55	-28.74	-26.6	-20.7	-14.76
Income Tax Expense	-1.03	-1.03	-1.25	-0.28	-1.82	-
Earnings From Continuing Operations	-31.36	-21.51	-27.48	-26.33	-18.87	-14.76
Net Income	-31.36	-21.51	-27.48	-26.33	-18.87	-14.76
Net Income to Common	-31.36	-21.51	-27.48	-26.33	-18.87	-14.76
Shares Outstanding (Basic)	168	127	59	56	54	30
Shares Outstanding (Diluted)	168	127	59	56	54	30
Shares Change (YoY)	118.09%	114.99%	5.42%	3.68%	79.92%	316.37%
EPS (Basic)	-0.19	-0.17	-0.47	-0.47	-0.35	-0.49
EPS (Diluted)	-0.19	-0.17	-0.47	-0.47	-0.35	-0.49
Free Cash Flow	-22.98	-19.14	-32.35	-22.73	-21.44	-11.7
Free Cash Flow Per Share	-0.14	-0.15	-0.55	-0.41	-0.40	-0.39
Gross Margin	-26.28%	28.32%	51.15%	8.64%	-5.74%	-88.97%
Operating Margin	-813.74%	-370.00%	-532.18%	-1028.70%	-1228.71%	-1127.03%
Profit Margin	-836.66%	-367.02%	-497.43%	-963.62%	-1073.00%	-1223.88%
Free Cash Flow Margin	-613.02%	-326.55%	-585.48%	-831.85%	-1218.93%	-970.15%
EBITDA	-29.65	-20.78	-28.84	-27.76	-21.38	-13.44
D&A For EBITDA	0.85	0.9	0.57	0.34	0.23	0.15
EBIT	-30.5	-21.69	-29.4	-28.1	-21.61	-13.59

Source: S&P Global Market Intelligence. Standard template. Financial Sources.