Ocean Power Technologies (OPTT) Change in Acquisitions & Divestments (2010 - 2024)

Ocean Power Technologies (OPTT) reported Change in Acquisitions & Divestments of $4.4 million for Q2 2024, down 71.64% on a YoY basis from $15.3 million in Q2 2023, and down 60.54% sequentially from $11.0 million in Q1 2024.

Ocean Power Technologies (OPTT) Change in Acquisitions & Divestments (2010 - 2024) Analysis & Trends

Ocean Power Technologies (OPTT) has 12 years of Change in Acquisitions & Divestments data on file, last reported at $4.4 million in Q2 2024.

  • For the quarter ending Q2 2024, Change in Acquisitions & Divestments fell 71.64% year-over-year to $4.4 million; the trailing twelve-month figure through Apr 2024 stood at $36.0 million (down 44.59% YoY), and the FY2024 full-year result was $36.0 million, down 44.59% from the prior year.
  • Change in Acquisitions & Divestments slipped to $4.4 million in Q2 2024, from $11.0 million in the prior quarter.
  • In the past five years, Change in Acquisitions & Divestments ranged from a high of $17.3 million in Q3 2022 to a low of $4.4 million in Q2 2024.
  • A 3-year average of $12.6 million and a median of $13.5 million in 2023 frame the typical range for Change in Acquisitions & Divestments.
  • Peak annual rise in Change in Acquisitions & Divestments reached 31.74% in 2024, while the deepest fall reached 71.64% in 2024.
  • Tracing OPTT's Change in Acquisitions & Divestments over 3 years: stood at $16.2 million in 2022, then plunged by 45.11% to $8.9 million in 2023, then tumbled by 51.02% to $4.4 million in 2024.
  • Business Quant data shows OPTT's Change in Acquisitions & Divestments at $4.4 million in Q2 2024, $11.0 million in Q1 2024, and $8.9 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn
10 Ocean Power Technologies 29.32 Mn 22.22 Mn -755,000.00

Historic Data

Download Data
DateValue
Apr 30, 2024 4.35 Mn
Apr 30, 2024 4.35 Mn
Jan 31, 2024 11.03 Mn
Jan 31, 2024 11.03 Mn
Oct 31, 2023 8.88 Mn
Oct 31, 2023 8.88 Mn
Jul 31, 2023 11.72 Mn
Jul 31, 2023 11.72 Mn
Apr 30, 2023 15.34 Mn
Apr 30, 2023 15.34 Mn
Jan 31, 2023 16.15 Mn
Jan 31, 2023 16.15 Mn
Oct 31, 2022 16.18 Mn
Oct 31, 2022 16.18 Mn
Jul 31, 2022 17.25 Mn
Jul 31, 2022 17.25 Mn
Oct 31, 2018 25,000.00
Oct 31, 2018 25,000.00
Jul 31, 2018 25,000.00
Jul 31, 2018 25,000.00