STOCKHOLM, June 29, 2026 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading innovator in onshore wave energy technology, today announced the successful closing on June 26, 2026 of its previously announced registered direct offering with a single strategic institutional investor. The financing strengthens the Company's balance sheet to support the advancement of its global project portfolio and further develop its strategy of positioning wave energy as the renewable energy layer for AI infrastructure and expanding the Company's AI capabilities, including digital twins and other AI-driven technologies designed to optimize the performance, monitoring and scalability of its wave energy technology.
Eco Wave Power Global AB (publ)(WAVE)Earnings, Financials & Key Ratios
WAVE•NASDAQ•Utilities
$9.07
Price updated Jul 7, 2026
AboutEco Wave Power Global AB (publ), a wave energy company, develops a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements, including power purchase agreements, concession agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts, as well as letters of intent. It operates in the United States, Taiwan, Sweden, Israel, Portugal, Mexico, and internationally. The company was formerly known as EWPG Holding AB (publ) and changed its name to Eco Wave Power Global AB (publ) in June 2021. Eco Wave Power Global AB (publ) was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.Show more
- Revenue$38K-77.3%
- EBITDA-$3M-34.3%
- Net Income-$4M-79.0%
- Free Cash Flow-$3M-397.1%
- EBITDA Margin-7747.57%-490.6%
- Net Margin-9729.19%-687.0%
- ROE-53.92%-109.0%
- Interest Coverage-55.42-64.0%
- Debt/Equity0.24+50.7%
WAVE Price & Volume
Eco Wave Power Global AB (publ) (WAVE) stock price & volume — 10-year historical chart
Loading chart...
Persistent Operating Deficits Challenge Commercial Scaling Ambitions
Investment Thesis • Updated 2025Q2
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Adequate
Cash Flow:Burning
Primary Risk:Pre-commercial execution and liquidity
Key Thesis Takeaways
- Eco Wave Power remains in a pre-commercial phase characterized by intermittent revenue and a lack of established utility-scale electricity sales, as evidenced by the $1.4 million net loss reported in 2025Q2.
- While the company maintains a conservative capital structure with a 0.20 debt-to-equity ratio, the absence of consistent operating cash flow over the last ten quarters suggests significant execution risk in converting its 404.7 MW project pipeline into tangible assets.
- Investors should monitor the company's $7.7 million cash position, which serves as the primary funding mechanism for ongoing research and administrative expenses in the absence of commercial profitability.
Verdict Logic
the company's lack of recurring revenue and the $1.4 million quarterly net loss indicate that the business has yet to achieve the operational leverage required for a sustainable utility model.
WAVE Growth Metrics
Eco Wave Power Global AB (publ) (WAVE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years13.69%
TTM-45.1%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-59.89%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-56.27%
Return on Capital
10 Years-33.8%
5 Years-30.33%
3 Years-33.88%
Last Year-46.08%
Latest WAVE News
Recent stock market news and headlines for Eco Wave Power Global AB (publ) (WAVE)
PRNewsWire·Jun 29, 2026
Eco Wave Power Announces Closing of $4.0 Million Strategic Financing Priced at a Premium to Market to Advance Global Project Deployment and AI-Driven TechnologyNewsfile Corp·Jun 25, 2026
Eco Wave Power Announces $4.0 Million Registered Direct Offering Priced at a 10.7% Premium to Market to Expand Commercial Wave Energy Deployment and AI-Driven TechnologyStockholm, Sweden--(Newsfile Corp. - June 25, 2026) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading innovator in onshore wave energy technology, today announced the pricing of its registered direct offering with a single strategic institutional investor. The Offering consists of 400,000 American Depositary Shares ("ADSs") at an offering price of $10.00 per ADS, representing a 10.7% premium to the last Nasdaq closing price.
Newsfile Corp·Jun 25, 2026
NVIDIA Highlights Eco Wave Power's AI-Powered Wave Energy Technology in New Corporate BlogTel Aviv, Israel--(Newsfile Corp. - June 25, 2026) - Eco Wave Power Global AB is pleased to share that NVIDIA has published a corporate blog featuring the Company titled "Eco Wave Power Turns Waves Into Watts With NVIDIA AI Infrastructure and Digital Twins." Read the full article: https://blogs.nvidia.com/blog/eco-wave-power-ai-digital-twins/ For convenience, the full text of the NVIDIA article is reproduced below: Eco Wave Power Turns Waves Into Watts With NVIDIA AI Infrastructure and Digital Twins June 22, 2026 by Tenika Versey Walker To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/11247/302852_92db51393484e884_001full.jpg The next era of AI will not be defined by compute alone.
PRNewsWire·Jun 23, 2026
Eco Wave Power Turns Waves Into Watts With NVIDIA AI Infrastructure and Digital TwinsMIAMI, June 23, 2026 /PRNewswire/ -- Eco Wave Power is pleased to share that NVIDIA has published a corporate blog featuring the Company titled 'Eco Wave Power Turns Waves Into Watts With NVIDIA AI Infrastructure and Digital Twins.' Read the full article: https://blogs.nvidia.com/blog/eco-wave-power-ai-digital-twins/ For convenience, the full text of the NVIDIA article is reproduced below: Eco Wave Power Turns Waves Into Watts With NVIDIA AI Infrastructure and Digital Twins June 22, 2026, by Tenika Versey Walker The next era of AI will not be defined by compute alone.
GuruFocus·Jun 17, 2026
Why I Like the Energy StocksJune 15, 2026 â (Maple Hill Syndicate) â Oil and gasoline prices will âdrop like a rock,â President Trump has said.When? âAs soon as the war is over.â
Peers Comparison
Key metrics vs top competitors for Eco Wave Power Global AB (publ) (WAVE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $9.07 | $52.97M | -14.17 | -77.26% | -9729.19% | -53.92% | — | |
| $28.67 | $458.73M | 25.15 | -1.41% | 13.5% | 7.67% | — | |
| $12.05 | $4.59B | -3.27 | 38.2% | -234.83% | -51.65% | — | |
| $25.49 | $1.35B | 30.71 | 9.16% | 1.59% | 2.86% | — | |
| $15.80 | $1.11B | -8.78 | -14.93% | -0.79% | -2.01% | — | |
| $14.34 | $266.22M | -19.12 | 4.33% | -30.06% | -34.48% | — |
Compare WAVE vs Peers
Eco Wave Power Global AB (publ) (WAVE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Get notified when WAVE posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
WAVE Frequently Asked Questions
Eco Wave Power Global AB (publ) (WAVE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Eco Wave Power Global AB (publ)'s revenue?
Eco Wave Power Global AB (publ) (WAVE) reported $0.2M in revenue for fiscal year 2025. This represents a 674% increase from $0.0M in 2017.
How fast is Eco Wave Power Global AB (publ) growing?
Eco Wave Power Global AB (publ) (WAVE) saw revenue decline by 77.3% over the past year.
Is WAVE profitable?
Eco Wave Power Global AB (publ) (WAVE) reported a net loss of $3.0M for fiscal year 2025.
Dividend & Returns
What is WAVE's return on equity?
Eco Wave Power Global AB (publ) (WAVE) has a return on equity (ROE) of -53.9%. Negative ROE indicates the company is unprofitable.
What is Eco Wave Power Global AB (publ)'s free cash flow?
Eco Wave Power Global AB (publ) (WAVE) had negative free cash flow of $3.3M in fiscal year 2025, likely due to heavy capital investments.