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Ocean Power Technologies, Inc. (OPTT)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsApr-30-23Apr-30-22Apr-30-21Apr-30-20Apr-30-19Apr-30-18Apr-30-17Apr-30-16
   8-K10-K10-K10-K10-K10-K10-K/A10-K
Revenues  2.71.81.21.70.60.5-10.70.7
            Revenue growth  55.3%45.9%-28.3%166.1%23.7%-104.8%-1624.7%-82.8%
Cost of goods sold  2.51.92.31.81.30.80.90.7
Gross profit  0.2-0.1-1.1-0.1-0.7-0.3-11.70.0
            Gross margin  8.6%-5.7%-89.0%-6.2%-106.2%-49.3%108.7%5.2%
Selling, general and administrative  28.321.512.56.97.67.0 6.7
Research and development     4.35.04.3 7.1
Other operating expenses  1.1 1.2     
EBITDA   [+] -21.5-14.7-11.2-13.1-11.4-11.5-13.6
            EBITDA margin  -1069.4%-1220.5%-1216.7%-666.3%-2071.4%-2238.4%107.4%-1936.0%
Depreciation   0.10.10.20.20.10.10.1
EBITA  -29.2-21.5-14.8-11.4-13.3-11.6-11.7-13.8
            EBITA margin  -1069.4%-1223.8%-1228.0%-675.7%-2099.8%-2262.2%108.7%-1951.9%
Amortization of intangibles   0.10.0     
EBIT   [+]-29.2-21.6-14.8-11.4-13.3-11.6-11.7-13.8
            EBIT margin  -1069.4%-1228.7%-1228.5%-675.7%-2099.8%-2262.2%108.7%-1951.9%
Non-recurring items   [+]  -1.2    1.1
Interest income  0.90.10.10.10.00.10.00.0
Other income (expense), net   [+]1.70.8-1.30.00.10.21.50.1
Pre-tax income  -26.6-20.7-14.8-11.2-13.1-11.3-10.2-14.8
Income taxes  -0.3-1.80.0-0.9-0.9-1.1-0.7-1.7
            Tax rate  1.0%8.8%0.0%8.0%6.5%9.9%6.9%11.3%
Minority interest         0.0
Net income  -26.3-18.9-14.8-10.4-12.2-10.2-9.5-13.1
            Net margin  -963.6%-1073.0%-1223.9%-615.5%-1937.7%-1987.7%88.3%-1862.3%
   
Basic EPS   [+]($0.47)($0.35)($0.49)($1.44)($9.52)($13.24)($2.23)($7.25)
Diluted EPS   [+]($0.47)($0.35)($0.49)($1.44)($9.52)($13.24)($2.23)($7.25)
   
Shares outstanding (basic)   [+]56.054.030.07.21.30.84.31.8
Shares outstanding (diluted)   [+]56.054.030.07.21.30.84.31.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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