Eco Wave Power Global AB (publ) (WAVE) Gross Margin (2023)
Eco Wave Power Global AB (publ) (WAVE) posted quarterly Gross Margin of 85.66% for Q4 2023, up 189.11% quarter-over-quarter from 29.63% in Q3 2023.
Eco Wave Power Global AB (publ) (WAVE) Gross Margin (2023) Analysis & Trends
Eco Wave Power Global AB (publ) (WAVE) has reported Gross Margin for 1 consecutive years, with 85.66% the latest figure, recorded in Q4 2023.
- In Q4 2023, Gross Margin changed N/A year-over-year to 85.66%; the TTM figure through Dec 2023 stood at 80.72% (changed N/A YoY), while the FY2025 annual figure was 57.89%, down 1711.0% from the prior year.
- Gross Margin advanced to 85.66% in Q4 2023 per WAVE's latest filing, from 29.63% in the prior quarter.
- Across five years, Gross Margin topped out at 85.66% in Q4 2023 and bottomed at 29.63% in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.89 Bn | 10.73 Bn | 117.49 Mn | 70.78% |
| 2 | Ormat Technologies | 6.93 Bn | 6.27 Bn | 68.70 Mn | 26.55% |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | 57.90% |
| 4 | Clearway Energy | 3.77 Bn | 3.43 Bn | 332.00 Mn | 69.02% |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 79.35% |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | 5.12% |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.92 Mn | - | - |
| 8 | Energy Vault Holdings | 678.26 Mn | 609.51 Mn | 4.79 Mn | 21.88% |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 59.62% |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 85.66% |
| Sep 30, 2023 | 29.63% |