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| 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 |