Ocean Power Technologies (OPTT) Change in Acquisitions & Divestments (2010 - 2024)
Ocean Power Technologies (OPTT) posted Change in Acquisitions & Divestments of $4.4 million for Q2 2024, down 60.54% sequentially from $11.0 million in Q1 2024, and down 71.64% YoY from $15.3 million in Q2 2023.
Ocean Power Technologies (OPTT) Change in Acquisitions & Divestments (2010 - 2024) Analysis & Trends
Ocean Power Technologies has reported Change in Acquisitions & Divestments for 12 years, with the latest figure at $4.4 million in Q2 2024.
- Quarterly Change in Acquisitions & Divestments fell 71.64% year-over-year to $4.4 million in Q2 2024, while the trailing twelve-month figure through Apr 2024 was $36.0 million (down 44.59% YoY) and the FY2024 annual result came in at $36.0 million, down 44.59% from the prior year.
- Change in Acquisitions & Divestments slipped to $4.4 million in Q2 2024 per OPTT's latest filing, from $11.0 million in the prior quarter.
- Over five years, Change in Acquisitions & Divestments peaked at $17.3 million in Q3 2022 and troughed at $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.
- The widest YoY moves for Change in Acquisitions & Divestments: up 31.74% in 2024, down 71.64% in 2024.
- Over 3 years, Change in Acquisitions & Divestments stood at $16.2 million in 2022, then tumbled by 45.11% to $8.9 million in 2023, then slumped by 51.02% to $4.4 million in 2024.
- According to Business Quant data, Change in Acquisitions & Divestments over the past three periods registered $4.4 million, $11.0 million, and $8.9 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn |
| 10 | Ocean Power Technologies | 36.77 Mn | 29.67 Mn | -755,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |