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Eco Wave Power Global NasdaqCM:WAVE Stock Report

Last Price

US$13.94

Market Cap

US$73.4m

7D

-7.1%

1Y

964.1%

Updated

20 Dec, 2024

Data

Company Financials

Eco Wave Power Global AB (publ)

NasdaqCM:WAVE Stock Report

Market Cap: US$73.4m

WAVE Stock Overview

A wave energy company, engages in the development of a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. More details

WAVE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Eco Wave Power Global AB (publ) Competitors

Price History & Performance

Summary of share price highs, lows and changes for Eco Wave Power Global
Historical stock prices
Current Share PriceUS$13.94
52 Week HighUS$17.63
52 Week LowUS$1.01
Beta-0.65
1 Month Change55.06%
3 Month Change310.00%
1 Year Change964.12%
3 Year Change168.59%
5 Year Changen/a
Change since IPO28.48%

Recent News & Updates

Recent updates

Eco Wave Power Global GAAP EPS of $0.03, revenue of $0.02M

Sep 27

Eco Wave Power: An Early Investment Opportunity In A Burgeoning Industry

Aug 29

Eco Wave Power Is Ready To Lead The Way For Ocean Wave Energy As A Commercial Renewable Energy Source

Apr 21

Shareholder Returns

WAVEUS Renewable EnergyUS Market
7D-7.1%-6.0%-3.5%
1Y964.1%60.9%22.1%

Return vs Industry: WAVE exceeded the US Renewable Energy industry which returned 60.9% over the past year.

Return vs Market: WAVE exceeded the US Market which returned 22.1% over the past year.

Price Volatility

Is WAVE's price volatile compared to industry and market?
WAVE volatility
WAVE Average Weekly Movement26.0%
Renewable Energy Industry Average Movement8.7%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: WAVE's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: WAVE's weekly volatility has decreased from 35% to 26% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201112Inna Bravermanwww.ecowavepower.com

Eco Wave Power Global AB (publ), a wave energy company, engages in the development of a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements comprising power purchase agreements, concession agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts. It has operations in the United States, Sweden, Israel, the British Overseas Territory of Gibraltar, Greece, Portugal, China, Australia, and internationally.

Eco Wave Power Global AB (publ) Fundamentals Summary

How do Eco Wave Power Global's earnings and revenue compare to its market cap?
WAVE fundamental statistics
Market capUS$73.42m
Earnings (TTM)-US$2.21m
Revenue (TTM)US$279.00k

277.3x

P/S Ratio

-35.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAVE income statement (TTM)
RevenueUS$279.00k
Cost of RevenueUS$40.00k
Gross ProfitUS$239.00k
Other ExpensesUS$2.45m
Earnings-US$2.21m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.40
Gross Margin85.66%
Net Profit Margin-791.40%
Debt/Equity Ratio19.0%

How did WAVE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:40
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Eco Wave Power Global AB (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution