WAVE Q1 2022 Earnings — Eco Wave Power Global AB (publ) Revenue & Financial Results | Market Cap Arena

WAVEEco Wave Power Global AB (publ)

$35M

Q1 2022 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$26,000-16.1% YoY

Gross Profit

$4,00015.4% margin

Operating Income

-$896,000-3446.2% margin

Net Income

-$723,000-2780.8% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+1184.0%

Cash Flow

Operating Cash Flow

-$551,000

Free Cash Flow

-$552,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$16M

Total Liabilities

$2M

Stockholders' Equity

$14M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$26,000	$31,000	-16.1%
Gross Profit	$4,000	$4,000	+0.0%
Operating Income	-$896,000	-$533,000	-68.1%
Net Income	-$723,000	-$476,000	-51.9%