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
DateValue
Dec 31, 2023 85.66%
Sep 30, 2023 29.63%