Eco Wave Power Global Ab (Publ) Financials
Eco Wave Power Global Ab (Publ) (WAVE) reported $38K in revenue for fiscal year 2025, down 77.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Tiny revenue and recurring multi-million-dollar losses show the balance sheet, not customer receipts, is still funding operations.
Between FY2021 and FY2025, cash reserves fell from$14.6M to$6.0M . Equity also fell to$5.5M while liabilities were only$2.6M , which implies the balance sheet's shrinkage came mainly from accumulated losses consuming capital rather than from heavy borrowing.
FY2025 revenue of
Short-term liquidity still exists because cash of
Financial Health Signals
Eco Wave Power Global Ab (Publ) does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Eco Wave Power Global Ab (Publ) passes 1 of 5 computable financial strength tests (4 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Key Financial Metrics
Earnings & Revenue
Eco Wave Power Global Ab (Publ) generated $38K in revenue in fiscal year 2025. This represents a decrease of 77.4% from the prior year.
Eco Wave Power Global Ab (Publ) reported -$3.7M in net income in fiscal year 2025. This represents a decrease of 76.7% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Eco Wave Power Global Ab (Publ) held $6.0M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Eco Wave Power Global Ab (Publ)'s ROE was -67.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 42.5 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Eco Wave Power Global Ab (Publ) invested $525K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 1490.9% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
WAVE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Revenue | $38K-77.4% | $168K-45.1% | $306K+1076.9% | $26K-16.1% | $31K | N/A | N/A |
| Interest Expense | -$592K-357.4% | $230K-58.0% | $547K-22.5% | $706K-2.4% | $723K+578.8% | -$151K | N/A |
| Income Tax | N/A | N/A | N/A | $2.9M+23.6% | $2.3M+19.2% | $2.0M | N/A |
| Net Income | -$3.7M-76.7% | -$2.1M-13.0% | -$1.9M+35.7% | -$2.9M-23.6% | -$2.3M-19.1% | -$2.0M+1.3% | -$2.0M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EPS (Diluted).
WAVE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Total Assets | $8.1M-23.8% | $10.7M+6.7% | $10.0M-16.0% | $11.9M-28.4% | $16.6M+31.1% | $12.7M | N/A |
| Current Assets | $6.5M-30.8% | $9.4M+7.9% | $8.8M-16.8% | $10.5M-30.2% | $15.1M+36.9% | $11.0M | N/A |
| Cash & Equivalents | $6.0M-23.2% | $7.8M+83.3% | $4.3M-19.2% | $5.3M-63.8% | $14.6M+36.2% | $10.7M-8.3% | $11.7M |
| Accounts Receivable | $254K+173.1% | $93K-13.9% | $108K-32.9% | $161K-58.6% | $389K+79.3% | $217K | N/A |
| Total Liabilities | $2.6M+11.2% | $2.4M+7.9% | $2.2M+8.1% | $2.0M+6.7% | $1.9M+0.5% | $1.9M | N/A |
| Current Liabilities | $2.6M+17.2% | $2.2M+5.1% | $2.1M+14.6% | $1.9M+105.9% | $903K+54.4% | $585K | N/A |
| Long-Term Debt | N/A | $96K | N/A | $88K-90.0% | $882K+617.1% | $123K | N/A |
| Total Equity | $5.5M-33.9% | $8.3M+6.4% | $7.8M-21.0% | $9.9M-33.0% | $14.7M+36.5% | $10.8M-5.0% | $11.4M |
| Retained Earnings | -$18.8M-24.5% | -$15.1M-16.0% | -$13.0M-15.2% | -$11.3M-34.6% | -$8.4M-38.9% | -$6.0M | N/A |
Not reported in any period shown, so not listed: Inventory, Goodwill.
WAVE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | -$2.5M+2.7% | -$2.5M-20.1% | -$2.1M-77.8% | -$1.2M |
| Capital Expenditures | $525K+1490.9% | $33K+450.0% | $6K+100.0% | $3K-76.9% | $13K-92.7% | $177K+14.9% | $154K |
| Free Cash Flow | N/A | N/A | N/A | -$2.5M+3.1% | -$2.5M-11.3% | -$2.3M-70.6% | -$1.3M |
| Investing Cash Flow | $915K-68.7% | $2.9M+139.2% | $1.2M+123.1% | -$5.3M-3977.7% | -$130K-0.8% | -$129K+45.3% | -$236K |
| Financing Cash Flow | -$186K-107.2% | $2.6M+3281.5% | -$81K+74.7% | -$320K-104.1% | $7.9M+8288.5% | -$96K-100.7% | $12.9M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
WAVE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Net Margin | -9800.0% | -1254.8% | -609.8% | -11157.7% | -7571.0% | N/A | N/A |
| Return on Equity | -67.9%-42.5pp | -25.4%-1.5pp | -23.9%+5.5pp | -29.4%-13.5pp | -15.9%+2.3pp | -18.3%-0.7pp | -17.5% |
| Return on Assets | -45.8%-26.0pp | -19.7%-1.1pp | -18.6%+5.7pp | -24.3%-10.2pp | -14.1%+1.4pp | -15.5% | N/A |
| Current Ratio | 2.49-1.7x | 4.22+0.1x | 4.11-1.5x | 5.66-11.0x | 16.70-2.1x | 18.84 | N/A |
| Debt-to-Equity | 0.48+0.5x | 0.01-0.3x | 0.28+0.3x | 0.01-0.1x | 0.060.0x | 0.01 | N/A |
| FCF Margin | N/A | N/A | N/A | -9480.8% | -8203.2% | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin, FCF Margin.
Similar Companies
Where Eco Wave Power Global Ab (Publ) Ranks
Frequently Asked Questions
What is Eco Wave Power Global Ab (Publ)'s annual revenue?
Eco Wave Power Global Ab (Publ) (WAVE) reported $38K in total revenue for fiscal year 2025. This represents a -77.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Eco Wave Power Global Ab (Publ)'s revenue growing?
Eco Wave Power Global Ab (Publ) (WAVE) revenue declined by 77.4% year-over-year, from $168K to $38K in fiscal year 2025.
Is Eco Wave Power Global Ab (Publ) profitable?
No, Eco Wave Power Global Ab (Publ) (WAVE) reported a net income of -$3.7M in fiscal year 2025.
What is Eco Wave Power Global Ab (Publ)'s return on equity (ROE)?
Eco Wave Power Global Ab (Publ) (WAVE) has a return on equity of -67.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What are Eco Wave Power Global Ab (Publ)'s total assets?
Eco Wave Power Global Ab (Publ) (WAVE) had $8.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Eco Wave Power Global Ab (Publ)'s capital expenditures?
Eco Wave Power Global Ab (Publ) (WAVE) invested $525K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Eco Wave Power Global Ab (Publ)'s current ratio?
Eco Wave Power Global Ab (Publ) (WAVE) had a current ratio of 2.49 as of fiscal year 2025, which is generally considered healthy.
What is Eco Wave Power Global Ab (Publ)'s debt-to-equity ratio?
Eco Wave Power Global Ab (Publ) (WAVE) had a debt-to-equity ratio of 0.48 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Eco Wave Power Global Ab (Publ)'s return on assets (ROA)?
Eco Wave Power Global Ab (Publ) (WAVE) had a return on assets of -45.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Eco Wave Power Global Ab (Publ)'s Piotroski F-Score?
Eco Wave Power Global Ab (Publ) (WAVE) has a Piotroski F-Score of 1 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.