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NASDAQ · ELECTRIC SERVICES · SMALL CAP

Eco Wave Power Global AB (publ) WAVE

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$38,000
▼ 77.4% YoY
$-3.7M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

We are a wave energy company primarily engaged in the development of a smart and cost-efficient WEC technology that converts ocean and sea waves into clean electricity. Our WEC technology is implemented onshore or nearshore, as opposed to offshore systems, and draws energy from incoming waves by converting the rising and falling motion of the waves into a clean energy generation process. In addition to our WEC technology, we are also building out a pipeline of ancillary technology services that we may provide to our customers and other parties, such as other companies and research institutions. Currently, our power stations operate using a programmable logic controller (PLC)-based industrial control system, which manages operational modes based on inputs such as wave height and hydraulic pressure. Our WEC technology, first wave-pool tested in Kiev, Ukraine, in 2011, employs units of point absorber floating devices, referred to as floaters, which are installed on existing marine structures such as (but not limited to) piers, breakwaters and jetties, or in locations in which such marine structures are required. Our WEC technology is also fully modular, allowing us to more easily scale projects.

Written from the business description in Eco Wave Power Global AB (publ)'s annual report to the U.S. Securities and Exchange Commission, filed 12 March 2026. Every sentence was checked against that document before publication.

Growth

USD 38,000.00
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 0.0 · Net income -3.7
-2M-3M
201920222025
Compound annual growth
+13.5%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

·
Operating margin Net margin
FY2025 · Operating -8242.1% · Net ·
-5000%-10000%
201920222025
ROE
FY2025 · ROE -53.6%
-20%-40%
201920222025
Three returns, three denominators.

Each USD of equity lost 54 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2022 · FCF -2.5
-1M-2M
201920222025
Net buybacks $ Dividends $
FY2024 · Dividends · · Net buybacks 50000.0
2000040000
2024

Total assetsUSD 8.1M
CashUSD 6.0M
DepositsUSD 177.00
Current ratio2.49×

Not available: we don't have the total debt figure for this period.

The 7-year record

7 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
WAVE, 7-year financial record
Metric 2025202420232022202120202019
Revenue $B0.00.00.00.00.0◌◌
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B◌◌◌◌◌◌◌
Income tax $B◌◌◌0.00.00.0◌
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B◌◌◌−0.0−0.0−0.0−0.0
EPS, diluted $−0.08−0.04−0.07−0.07−0.06−0.06◌
Dividend / sh $◌◌◌◌◌◌◌
Payout % — not applicable: no dividend———————
ROE %−53.6−25.8−19.3−23.6−18.4−17.7−17.5

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 1 failure in 30 reconciliationsAUDITED

Reconciled in 6 of the 7 fiscal years we could check. 26 checks were skipped: the balance sheet is not tagged before 2020. 14 checks were skipped: revenue is not tagged before 2021. 13 checks were skipped: the share count is not tagged before 2020.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency1 failure
ActivityElectric Services
Listed onNASDAQ
Incorporated inoutside the United States — SEC code V7
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2019

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