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.
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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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | 54.81% |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | 70.78% |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | 26.55% |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | 54.21% |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | 69.02% |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | - |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | 5.12% |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | 60.33% |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | 30.95% |
| 10 | Eco Wave Power Global AB (publ) | 283.14 Mn | 283.14 Mn | - | - |