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

Ocean Power Technologies (OPTT) has disclosed Tax Provisions for 13 consecutive years, with -$1.3 million as the latest value for Q1 2024.

  • Quarterly Tax Provisions fell 351.08% to -$1.3 million in Q1 2024 from the year-ago period, while the trailing twelve-month figure was -$1.5 million through Apr 2024, down 451.08% year-over-year, with the annual reading at -$1.0 million for FY2025, 17.54% up from the prior year.
  • Tax Provisions hit -$1.3 million in Q1 2024 for Ocean Power Technologies, down from -$278000.0 in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of -$278000.0 in Q1 2023 to a low 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.
  • Biggest YoY gain for Tax Provisions was 351.08% in 2024; the steepest drop was 351.08% in 2024.
  • Year by year, Tax Provisions stood at -$1.0 million in 2021, then rose by 24.88% to -$782000.0 in 2022, then skyrocketed by 64.45% to -$278000.0 in 2023, then crashed 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.