Eco Wave Power Global AB (publ) (ADR)
General ticker "WAVE" information:
- Sector: Utilities
- Industry: Renewable Utilities
- Capitalization: $38.5M (TTM average)
Eco Wave Power Global AB (publ) (ADR) follows the US Stock Market performance with the rate: 13.2%.
Estimated limits based on current volatility of 4.6%: low 8.74$, high 9.58$
Factors to consider:
- Total employees count: 13 as of 2021
- Current price 23.4% above estimated high
- Earnings for 3 months up through Q1 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-12-31 to 2027-12-31
- 2025-12-31 to 2026-12-31 estimated range: [3.38$, 7.77$]
- 2026-12-31 to 2027-12-31 estimated range: [2.69$, 6.35$]
Financial Metrics affecting the WAVE estimates:
- Negative: with PPE of -9.3 at the end of fiscal year the price was high
- Negative: negative Operating cash flow
- Negative: negative Operating income
- Positive: Investing cash flow per share per price, % of 1.82 > -0.60
- Negative: negative Net income
- Positive: -9.55 < Industry operating profit margin (median), % of -2.01
- Positive: Inventory ratio change, % of 0 <= 0
- Positive: Shareholder equity ratio, % of 69.73 > 64.29
Short-term WAVE quotes
Long-term WAVE plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $0.31MM | $0.17MM | $0.04MM |
| Operating Expenses | $2.72MM | $2.51MM | $3.25MM |
| Operating Income | $-2.41MM | $-2.34MM | $-3.22MM |
| Non-Operating Income | $0.55MM | $0.23MM | $-0.53MM |
| Interest Expense | $0.04MM | $0.06MM | $0.07MM |
| R&D Expense | $0.52MM | $0.54MM | $0.64MM |
| Income(Loss) | $-1.87MM | $-2.11MM | $-3.74MM |
| Net Income(Loss)* | $-1.71MM | $-2.08MM | $-3.72MM |
| Stockholders Equity | $7.95MM | $8.46MM | $5.67MM |
| Inventory | $0.00MM | $0.00MM | $0.00MM |
| Assets | $10.01MM | $10.68MM | $8.14MM |
| Operating Cash Flow | $-2.60MM | $-1.82MM | $-2.77MM |
| Capital expenditure | $0.01MM | $0.03MM | $0.53MM |
| Investing Cash Flow | $1.22MM | $2.93MM | $0.63MM |
| Financing Cash Flow | $-0.08MM | $2.58MM | $-0.19MM |
| Earnings Per Share** | $-0.31 | $-0.37 | $-0.64 |
| Ordinary share to ADR | 1.00x | 1.00x | 1.00x |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.