Growth Metrics

Ocean Power Technologies (OPTT) Tax Provisions (2017 - 2024)

Ocean Power Technologies' Tax Provisions history spans 13 years, with the latest figure at -$1.3 million for Q1 2024.

  • On a quarterly basis, Tax Provisions fell 351.08% to -$1.3 million in Q1 2024 year-over-year; TTM through Apr 2024 was -$1.5 million, a 451.08% decrease, with the full-year FY2025 number at -$1.0 million, up 17.54% from a year prior.
  • Tax Provisions hit -$1.3 million in Q1 2024 for Ocean Power Technologies, down from -$278000.0 in the prior quarter.
  • Over the last five years, Tax Provisions for OPTT hit a ceiling of -$278000.0 in Q1 2023 and a floor of -$1.3 million in Q1 2024.
  • Historically, Tax Provisions has averaged -$838750.0 across 4 years, with a median of -$911500.0 in 2021.
  • The widest YoY moves for Tax Provisions: up 351.08% in 2024, down 351.08% in 2024.
  • Tracing OPTT's Tax Provisions over 4 years: stood at -$1.0 million in 2021, then increased by 24.88% to -$782000.0 in 2022, then soared by 64.45% to -$278000.0 in 2023, then tumbled by 351.08% to -$1.3 million in 2024.
  • Business Quant data shows Tax Provisions for OPTT at -$1.3 million in Q1 2024, -$278000.0 in Q1 2023, and -$782000.0 in Q2 2022.