InsiderClue
Stocks · Utilities · Electric Services

Eco Wave Power Global AB (publ)

WAVE Clue Score42
Sweden Fiscal year ends December CIK 0001846715
$5.75 -1.88% Close, 12 Oct 2026
Alert on the numbers Alert on insider trades
Price $5.75 −13.53% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 1 Jul 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Operating income−1.9Net income−2.0Fiscal year 2020Operating income−1.8Net income−2.0EPS, diluted−0.06Fiscal year 2021Revenue0.0Operating income−3.1Net income−2.3EPS, diluted−0.06Fiscal year 2022Revenue0.0 −16.1%Operating income−3.6Net income−2.9EPS, diluted−0.07Fiscal year 2023Revenue0.3 +1,076.9%Operating income−2.4Net income−1.7EPS, diluted−0.07Fiscal year 2024Revenue0.2 −45.1%Operating income−2.3Net income−2.1EPS, diluted−0.04Fiscal year 2025Revenue0.0 −77.4%Operating income−3.1Net income−3.7EPS, diluted−0.08
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue n/a n/a 0.0 0.0 0.3 0.2 0.0
Growth −16.1% +1,076.9% −45.1% −77.4%
Operating income −1.9 −1.8 −3.1 −3.6 −2.4 −2.3 −3.1
Net income −2.0 −2.0 −2.3 −2.9 −1.7 −2.1 −3.7
Growth
EPS, diluted n/a −0.06 −0.06 −0.07 −0.07 −0.04 −0.08
Growth

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2019Fiscal year 2020Fiscal year 2021Gross margin12.9%Operating margin−9,903.2%Net margin−7,571.0%Free cash flow margin−8,203.2%Fiscal year 2022Gross margin15.4%Operating margin−13,873.1%Net margin−11,157.7%Free cash flow margin−9,480.8%Fiscal year 2023Gross margin80.7%Operating margin−788.6%Net margin−558.8%Fiscal year 2024Gross margin75.0%Operating margin−1,391.7%Net margin−1,236.3%Fiscal year 2025Gross margin57.9%Operating margin−8,242.1%Net margin−9,728.9%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin n/a n/a 12.9% 15.4% 80.7% 75.0% 57.9%
Operating margin n/a n/a −9,903.2% −13,873.1% −788.6% −1,391.7% −8,242.1%
Net margin n/a n/a −7,571.0% −11,157.7% −558.8% −1,236.3% −9,728.9%
Free cash flow margin n/a n/a −8,203.2% −9,480.8% n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow−1.2Capital expenditure−0.2Free cash flow−1.3Fiscal year 2020Operating cash flow−2.1Capital expenditure−0.2Free cash flow−2.3Fiscal year 2021Operating cash flow−2.5Capital expenditure−0.0Free cash flow−2.5Fiscal year 2022Operating cash flow−2.5Capital expenditure−0.0Free cash flow−2.5Fiscal year 2023Capital expenditure−0.0Fiscal year 2024Capital expenditure−0.0Buybacks−0.1Fiscal year 2025Capital expenditure−0.5
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −1.2 −2.1 −2.5 −2.5 n/a n/a n/a
Capital expenditure −0.2 −0.2 −0.0 −0.0 −0.0 −0.0 −0.5
Free cash flow −1.3 −2.3 −2.5 −2.5 n/a n/a n/a
Growth
Buybacks n/a n/a n/a n/a n/a −0.1 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash and securitiesTotal debt
Fiscal year 2019Cash and securities11.7Shareholders’ equity11.4Fiscal year 2020Cash and securities10.7Total debt1.5Net cash (debt)9.3Shareholders’ equity10.8Debt to equity0.14Fiscal year 2021Cash and securities14.6Total debt1.3Net cash (debt)13.4Shareholders’ equity14.7Debt to equity0.09Fiscal year 2022Cash and securities5.3Total debt0.5Net cash (debt)4.8Shareholders’ equity9.9Debt to equity0.05Fiscal year 2023Cash and securities4.3Total debt0.1Net cash (debt)4.2Shareholders’ equity7.8Debt to equity0.01Fiscal year 2024Cash and securities7.8Total debt0.1Net cash (debt)7.7Shareholders’ equity8.3Debt to equity0.02Fiscal year 2025Cash and securities6.0Total debt0.2Net cash (debt)5.9Shareholders’ equity5.5Debt to equity0.03
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and securities 11.7 10.7 14.6 5.3 4.3 7.8 6.0
Total debt n/a 1.5 1.3 0.5 0.1 0.1 0.2
Net cash (debt) n/a 9.3 13.4 4.8 4.2 7.7 5.9
Shareholders’ equity 11.4 10.8 14.7 9.9 7.8 8.3 5.5
Debt to equity n/a 0.14 0.09 0.05 0.01 0.02 0.03

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
n/a n/a 12.9% 15.4% 80.7% 75.0% 57.9%
n/a n/a −9,903.2% −13,873.1% −788.6% −1,391.7% −8,242.1%
n/a n/a −7,571.0% −11,157.7% −609.8% −1,254.8% −9,800.0%
n/a n/a −7,571.0% −11,157.7% −558.8% −1,236.3% −9,728.9%
n/a n/a −8,203.2% −9,480.8% n/a n/a n/a
Spending
n/a n/a 2,161.3% 3,453.8% 169.6% 319.0% 1,928.9%
n/a n/a 6,158.1% 8,688.5% 576.5% 1,055.4% 5,468.4%
n/a n/a 41.9% 11.5% 2.0% 19.6% 1,381.6%
Returns
−17.5% −18.1% −15.9% −29.4% −21.9% −25.0% −67.4%
n/a −15.4% −14.1% −24.3% −17.1% −19.4% −45.4%
Balance and payout
n/a 0.14 0.09 0.05 0.01 0.02 0.03
n/a 15.0% 11.5% 17.1% 22.1% 22.3% 32.6%