Ocean Power Technologies, Inc. (OPTT)

Ocean Power Technologies Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Revenue	5.74	5.86	5.53	2.73	1.76	1.21
Revenue Growth (YoY)	3.38%	6.08%	102.23%	55.32%	45.85%	-28.30%
Cost of Revenue	4.55	4.2	2.7	2.5	1.86	2.28
Gross Profit	1.19	1.66	2.83	0.24	-0.1	-1.07
Selling, General & Admin	25.48	23.35	32.23	28.34	21.51	12.52
Operating Expenses	25.48	23.35	32.23	28.34	21.51	12.52
Operating Income	-24.29	-21.69	-29.4	-28.1	-21.61	-13.59
Interest Expense	-0.31	-	-	-	-	-
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	-24.64	-21.71	-28.6	-27.2	-21.49	-13.54
Gain (Loss) on Sale of Assets	-	-	-0.21	-	-0.16	-
Legal Settlements	-	-	-	-	-	-1.22
Other Unusual Items	-0.84	-0.84	0.07	0.14	0.95	-
Pretax Income	-25.48	-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	-24.45	-21.51	-27.48	-26.33	-18.87	-14.76
Net Income	-24.45	-21.51	-27.48	-26.33	-18.87	-14.76
Net Income to Common	-24.45	-21.51	-27.48	-26.33	-18.87	-14.76
Shares Outstanding (Basic)	150	127	59	56	54	30
Shares Outstanding (Diluted)	150	127	59	56	54	30
Shares Change (YoY)	130.83%	114.99%	5.42%	3.68%	79.92%	316.37%
EPS (Basic)	-0.16	-0.17	-0.47	-0.47	-0.35	-0.49
EPS (Diluted)	-0.16	-0.17	-0.47	-0.47	-0.35	-0.49
Free Cash Flow	-19.7	-19.14	-32.35	-22.73	-21.44	-11.7
Free Cash Flow Per Share	-0.13	-0.15	-0.55	-0.41	-0.40	-0.39
Gross Margin	20.72%	28.32%	51.15%	8.64%	-5.74%	-88.97%
Operating Margin	-423.04%	-370.00%	-532.18%	-1028.70%	-1228.71%	-1127.03%
Profit Margin	-425.74%	-367.02%	-497.43%	-963.62%	-1073.00%	-1223.88%
Free Cash Flow Margin	-343.07%	-326.55%	-585.48%	-831.85%	-1218.93%	-970.15%
EBITDA	-23.4	-20.78	-28.84	-27.76	-21.38	-13.44
D&A For EBITDA	0.89	0.9	0.57	0.34	0.23	0.15
EBIT	-24.29	-21.69	-29.4	-28.1	-21.61	-13.59

Updated Sep 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q