WAVE
Eco Wave Power Global AB (publ)
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Latest Quote
$6.10
| Previous Close | $6.60 |
| Open | $6.40 |
| Day High | $6.70 |
| Day Low | $6.00 |
| Volume | 8,706 |
Stock Information
| Shares Outstanding | 6.24M |
| Total Debt | $1.27M |
| Cash Equivalents | $8.15M |
| Revenue | $38K |
| Net Income | $-3.49M |
| Sector | Utilities |
| Industry | Utilities - Renewable |
| Market Cap | $38.06M |
| EPS (TTM) | $-0.62 |
| Exchange | NCM |
Recent Price History
About Eco Wave Power Global AB (publ)
Eco Wave Power Global AB (publ), a wave energy company, develops a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements, including power purchase agreements, concession agreements, turnkey agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts, as well as letters of intent. It operates in the United States, Taiwan, Sweden, Israel, Portugal, Mexico, India, and internationally. The company was formerly known as EWPG Holding AB (publ) and changed its name to Eco Wave Power Global AB (publ) in June 2021. The company was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.
đ° Latest News
Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $16,000 | $10,000 | $59,000 | $22,000 |
| Cost Of Revenue | $16,000 | $42,000 | $59,000 | $22,000 |
| Total Revenue | $38,000 | $168,000 | $306,000 | $26,000 |
| Operating Revenue | $38,000 | $168,000 | $306,000 | $26,000 |
| Expenses | ||||
| Interest Expense | $54,000 | $51,000 | $45,000 | $48,000 |
| Total Expenses | $3,075,000 | $2,427,000 | $2,700,000 | $3,612,000 |
| Other Income Expense | $-892,000 | $-222,000 | $178,000 | $742,000 |
| Net Non Operating Interest Income Expense | $205,000 | $373,000 | $350,000 | $-57,000 |
| Total Other Finance Cost | $12,000 | $10,000 | $10,000 | $11,000 |
| Interest Expense Non Operating | $54,000 | $51,000 | $45,000 | $48,000 |
| Operating Expense | $3,059,000 | $2,385,000 | $2,641,000 | $3,590,000 |
| Other Operating Expenses | $-161,000 | $-225,000 | $-17,000 | $-28,000 |
| Selling And Marketing Expense | $241,000 | $177,000 | $218,000 | $271,000 |
| General And Administrative Expense | $2,092,000 | $1,795,000 | $1,846,000 | $2,353,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-3,697,000 | $-2,077,000 | $-1,710,000 | $-2,901,000 |
| Net Interest Income | $205,000 | $373,000 | $350,000 | $-57,000 |
| Interest Income | $271,000 | $434,000 | $405,000 | $2,000 |
| Normalized Income | $-2,900,000 | $-1,934,000 | $-1,907,000 | $-3,664,000 |
| Net Income From Continuing And Discontinued Operation | $-3,697,000 | $-2,077,000 | $-1,710,000 | $-2,901,000 |
| Total Operating Income As Reported | $-3,132,000 | $-2,338,000 | $-2,413,000 | $-3,607,000 |
| Net Income Common Stockholders | $-3,697,000 | $-2,077,000 | $-1,710,000 | $-2,901,000 |
| Net Income | $-3,697,000 | $-2,077,000 | $-1,710,000 | $-2,901,000 |
| Net Income Including Noncontrolling Interests | $-3,724,000 | $-2,108,000 | $-1,866,000 | $-2,901,000 |
| Net Income Continuous Operations | $-3,724,000 | $-2,108,000 | $-1,866,000 | $-2,901,000 |
| Pretax Income | $-3,724,000 | $-2,108,000 | $-1,866,000 | $-2,901,000 |
| Earnings From Equity Interest | $-95,000 | $-79,000 | $-19,000 | $-21,000 |
| Interest Income Non Operating | $271,000 | $434,000 | $405,000 | $2,000 |
| Operating Income | $-3,037,000 | $-2,259,000 | $-2,394,000 | $-3,586,000 |
| Depreciation Amortization Depletion Income Statement | $154,000 | $102,000 | $75,000 | $96,000 |
| Depreciation And Amortization In Income Statement | $154,000 | $102,000 | $75,000 | $96,000 |
| Depreciation Income Statement | $154,000 | $102,000 | $75,000 | $96,000 |
| Gross Profit | $22,000 | $126,000 | $247,000 | $4,000 |
| Per Share | ||||
| Diluted EPS | $-0.64 | $-0.32 | $-0.56 | $-0.56 |
| Basic EPS | $-0.64 | $-0.32 | $-0.56 | $-0.56 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-2,619,000 | $-1,780,000 | $-1,848,000 | $-3,407,000 |
| Total Unusual Items | $-797,000 | $-143,000 | $197,000 | $763,000 |
| Total Unusual Items Excluding Goodwill | $-797,000 | $-143,000 | $197,000 | $763,000 |
| Reconciled Depreciation | $254,000 | $134,000 | $170,000 | $209,000 |
| EBITDA (Bullshit earnings) | $-3,416,000 | $-1,923,000 | $-1,651,000 | $-2,644,000 |
| EBIT | $-3,670,000 | $-2,057,000 | $-1,821,000 | $-2,853,000 |
| Diluted Average Shares | $5,840,381 | $5,562,622 | $5,549,356 | $5,549,356 |
| Basic Average Shares | $5,840,381 | $5,562,622 | $5,549,356 | $5,549,356 |
| Diluted NI Availto Com Stockholders | $-3,697,000 | $-2,077,000 | $-1,710,000 | $-2,901,000 |
| Minority Interests | $27,000 | $31,000 | $156,000 | $0 |
| Gain On Sale Of Security | $-797,000 | $-143,000 | $197,000 | $763,000 |
| Research And Development | $733,000 | $536,000 | $519,000 | $898,000 |
| Selling General And Administration | $2,333,000 | $1,972,000 | $2,064,000 | $2,624,000 |
| Other Gand A | $1,025,000 | $934,000 | $984,000 | $1,505,000 |
| Salaries And Wages | $1,067,000 | $861,000 | $862,000 | $848,000 |
| Tax Provision | - | - | - | $0 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $5,673,000 | $8,458,000 | $7,950,000 | $9,874,000 |
| Total Assets | $8,136,000 | $10,682,000 | $10,009,000 | $11,917,000 |
| Total Non Current Assets | $1,600,000 | $1,237,000 | $1,253,000 | $1,398,000 |
| Current Assets | $6,536,000 | $9,445,000 | $8,756,000 | $10,519,000 |
| Restricted Cash | $251,000 | $220,000 | $63,000 | $63,000 |
| Prepaid Assets | $48,000 | $58,000 | $76,000 | $152,000 |
| Receivables | $215,000 | $68,000 | $234,000 | $9,000 |
| Other Receivables | $74,000 | $12,000 | $17,000 | $3,000 |
| Taxes Receivable | $54,000 | $23,000 | $15,000 | $6,000 |
| Accounts Receivable | $9,000 | $33,000 | $202,000 | $0 |
| Cash Cash Equivalents And Short Term Investments | $6,022,000 | $9,099,000 | $8,383,000 | $10,295,000 |
| Cash And Cash Equivalents | $6,022,000 | $7,845,000 | $4,281,000 | $5,295,000 |
| Other Non Current Assets | - | - | - | - |
| Debt | ||||
| Total Debt | $1,338,000 | $1,343,000 | $1,201,000 | $1,235,000 |
| Long Term Debt And Capital Lease Obligation | $24,000 | $143,000 | $78,000 | $184,000 |
| Long Term Debt | $24,000 | $47,000 | $78,000 | $96,000 |
| Current Debt And Capital Lease Obligation | $1,314,000 | $1,200,000 | $1,123,000 | $1,051,000 |
| Current Debt | $1,181,000 | $1,102,000 | $1,036,000 | $973,000 |
| Other Current Borrowings | $1,181,000 | $1,102,000 | $1,036,000 | $973,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,649,000 | $2,382,000 | $2,208,000 | $2,043,000 |
| Total Non Current Liabilities Net Minority Interest | $24,000 | $143,000 | $78,000 | $184,000 |
| Current Liabilities | $2,625,000 | $2,239,000 | $2,130,000 | $1,859,000 |
| Payables And Accrued Expenses | $1,311,000 | $1,039,000 | $1,007,000 | $808,000 |
| Payables | $307,000 | $240,000 | $289,000 | $303,000 |
| Other Payable | $177,000 | $170,000 | $239,000 | $228,000 |
| Accounts Payable | $130,000 | $70,000 | $50,000 | $75,000 |
| Equity | ||||
| Common Stock Equity | $5,673,000 | $8,458,000 | $7,950,000 | $9,874,000 |
| Total Equity Gross Minority Interest | $5,487,000 | $8,300,000 | $7,801,000 | $9,874,000 |
| Stockholders Equity | $5,673,000 | $8,458,000 | $7,950,000 | $9,874,000 |
| Gains Losses Not Affecting Retained Earnings | $-1,466,000 | $-2,368,000 | $-2,275,000 | $-2,061,000 |
| Retained Earnings | $-18,768,000 | $-15,071,000 | $-12,994,000 | $-11,284,000 |
| Long Term Equity Investment | $534,000 | $481,000 | $527,000 | $510,000 |
| Other | ||||
| Treasury Shares Number | $61,000 | - | - | - |
| Ordinary Shares Number | $46,656,308 | $46,733,844 | $44,394,844 | $44,394,844 |
| Share Issued | $46,717,308 | $46,733,844 | $44,394,844 | $44,394,844 |
| Tangible Book Value | $5,673,000 | $8,458,000 | $7,950,000 | $9,874,000 |
| Invested Capital | $6,878,000 | $9,607,000 | $9,064,000 | $10,943,000 |
| Working Capital | $3,911,000 | $7,206,000 | $6,626,000 | $8,660,000 |
| Capital Lease Obligations | $133,000 | $194,000 | $87,000 | $166,000 |
| Total Capitalization | $5,697,000 | $8,505,000 | $8,028,000 | $9,970,000 |
| Minority Interest | $-186,000 | $-158,000 | $-149,000 | $0 |
| Foreign Currency Translation Adjustments | $-1,466,000 | $-2,368,000 | $-2,275,000 | $-2,061,000 |
| Treasury Stock | $77,000 | $50,000 | $0 | - |
| Additional Paid In Capital | $25,882,000 | $25,845,000 | $23,121,000 | $23,121,000 |
| Capital Stock | $102,000 | $102,000 | $98,000 | $98,000 |
| Common Stock | $102,000 | $102,000 | $98,000 | $98,000 |
| Long Term Capital Lease Obligation | $0 | $96,000 | $0 | $88,000 |
| Current Capital Lease Obligation | $133,000 | $98,000 | $87,000 | $78,000 |
| Current Accrued Expenses | $1,004,000 | $799,000 | $718,000 | $505,000 |
| Investments And Advances | $534,000 | $481,000 | $527,000 | $510,000 |
| Investmentsin Joint Venturesat Cost | $534,000 | $481,000 | $527,000 | $510,000 |
| Net PPE | $1,066,000 | $756,000 | $726,000 | $888,000 |
| Accumulated Depreciation | $-851,000 | $-532,000 | $-516,000 | $-349,000 |
| Gross PPE | $1,917,000 | $1,288,000 | $1,242,000 | $1,237,000 |
| Other Properties | $1,917,000 | $1,288,000 | $1,242,000 | $1,237,000 |
| Other Short Term Investments | $0 | $1,254,000 | $4,102,000 | $5,000,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-3,565,000 | $-1,850,000 | $-2,607,000 | $-2,465,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-3,040,000 | $-1,817,000 | $-2,601,000 | $-2,462,000 |
| Cash Flow From Continuing Operating Activities | $-3,040,000 | $-1,817,000 | $-2,601,000 | $-2,462,000 |
| Operating Gains Losses | $526,000 | $70,000 | $19,000 | $21,000 |
| Investing Activities | ||||
| Capital Expenditure | $-525,000 | $-33,000 | $-6,000 | $-3,000 |
| Investing Cash Flow | $915,000 | $2,926,000 | $1,223,000 | $-5,301,000 |
| Cash Flow From Continuing Investing Activities | $915,000 | $2,926,000 | $1,223,000 | $-5,301,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-27,000 | $-50,000 | $0 | - |
| Issuance Of Capital Stock | $0 | $2,728,000 | $0 | $0 |
| Financing Cash Flow | $-186,000 | $2,577,000 | $-81,000 | $-320,000 |
| Cash Flow From Continuing Financing Activities | $-186,000 | $2,577,000 | $-81,000 | $-320,000 |
| Cash Dividends Paid | $0 | $0 | $0 | $0 |
| Net Common Stock Issuance | $-27,000 | $2,678,000 | $0 | $0 |
| Common Stock Issuance | $0 | $2,728,000 | $0 | $0 |
| Other | ||||
| Repayment Of Debt | $-144,000 | $-98,000 | $-75,000 | $-317,000 |
| End Cash Position | $6,022,000 | $7,845,000 | $4,281,000 | $5,295,000 |
| Beginning Cash Position | $7,845,000 | $4,281,000 | $5,295,000 | $14,621,000 |
| Effect Of Exchange Rate Changes | $488,000 | $-122,000 | $445,000 | $-1,243,000 |
| Changes In Cash | $-2,311,000 | $3,686,000 | $-1,459,000 | $-8,083,000 |
| Interest Paid Cff | $-15,000 | $-3,000 | $-6,000 | $-3,000 |
| Common Stock Payments | $-27,000 | $-50,000 | $0 | - |
| Net Issuance Payments Of Debt | $-144,000 | $-98,000 | $-75,000 | $-317,000 |
| Net Long Term Debt Issuance | $-144,000 | $-98,000 | $-75,000 | $-317,000 |
| Long Term Debt Payments | $-144,000 | $-98,000 | $-75,000 | $-317,000 |
| Interest Received Cfi | $288,000 | $396,000 | $279,000 | $0 |
| Net Investment Purchase And Sale | $1,155,000 | $2,595,000 | $1,000,000 | $-5,000,000 |
| Sale Of Investment | $1,155,000 | $4,000,000 | $5,000,000 | $0 |
| Purchase Of Investment | $0 | $-1,405,000 | $-4,000,000 | $-5,000,000 |
| Net Business Purchase And Sale | $-75,000 | $-32,000 | $-50,000 | $-298,000 |
| Purchase Of Business | $-75,000 | $-32,000 | $-50,000 | $-298,000 |
| Net PPE Purchase And Sale | $-453,000 | $-33,000 | $-6,000 | $-3,000 |
| Sale Of PPE | $72,000 | $0 | $0 | - |
| Purchase Of PPE | $-525,000 | $-33,000 | $-6,000 | $-3,000 |
| Change In Working Capital | $121,000 | $161,000 | $-564,000 | $51,000 |
| Change In Other Current Liabilities | $37,000 | $0 | $0 | - |
| Change In Payables And Accrued Expense | $111,000 | $18,000 | $-106,000 | $91,000 |
| Change In Receivables | $-27,000 | $143,000 | $-458,000 | $-40,000 |
| Changes In Account Receivables | $-54,000 | $169,000 | $-202,000 | $0 |
| Other Non Cash Items | $-217,000 | $-74,000 | $-360,000 | $158,000 |
| Depreciation Amortization Depletion | $254,000 | $134,000 | $170,000 | $209,000 |
| Depreciation And Amortization | $254,000 | $134,000 | $170,000 | $209,000 |
| Earnings Losses From Equity Investments | $95,000 | $79,000 | $19,000 | $21,000 |
| Net Foreign Currency Exchange Gain Loss | $428,000 | $-9,000 | $0 | $0 |
| Gain Loss On Sale Of PPE | $3,000 | $0 | $0 | - |
| Net Income From Continuing Operations | $-3,724,000 | $-2,108,000 | $-1,866,000 | $-2,901,000 |
| Issuance Of Debt | - | - | - | - |
| Long Term Debt Issuance | - | - | - | - |