Eco Wave Power Overview
- Year Founded
-
2011

- Status
-
Public
- Employees
-
14

- Stock Symbol
-
1KW

- Investments
-
2
- Share Price
-
$0.43
- (As of Monday Closing)
Eco Wave Power General Information
Description
Eco Wave Power Global AB is a Sweden-based wave energy company engaged in the development of a smart and cost-efficient WEC, technology that converts ocean and sea waves into clean electricity. Its WEC technology employs units of point absorber floating devices, referred to as floaters, which are installed on existing marine structures such as piers, breakwaters, and jetties, or in locations in which such marine structures are required. It has its projects in Gibraltar, Israel, and other countries.
Contact Information
Website
www.ecowavepower.comCorporate Office
- 7A Strandvägen
- 114 56 Stockholm
- Sweden
Corporate Office
- 7A Strandvägen
- 114 56 Stockholm
- Sweden
Eco Wave Power Stock Performance
As of 13-Jun-2022, Eco Wave Power’s stock price is $0.43. Its current market cap is $19M with 44.4M shares.
(As of Monday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$0.43 | $0.46 | $0.37 - $3.73 | $19M | 44.4M | -$0.06 |
Eco Wave Power Financials Summary
As of 31-Dec-2024, Eco Wave Power has a trailing 12-month revenue of $168K.
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
---|---|---|---|---|
Revenue | 168 | 168 | 306 | 26 |
EBITDA | (2,357) | (2,357) | (2,056) | (2,646) |
Net Income | (2,077) | (2,077) | (1,710) | (2,901) |
Total Assets | 10,682 | 10,682 | 10,009 | 11,917 |
Total Debt | 1,343 | 1,343 | 1,201 | 1,235 |
Eco Wave Power Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Eco Wave Power Comparisons
Industry
Financing
Details
Eco Wave Power Competitors (12)
One of Eco Wave Power’s 12 competitors is Marine Power Systems, a Venture Capital-Backed company based in Swansea, United Kingdom.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Marine Power Systems | Venture Capital-Backed | Swansea, United Kingdom | ||||
Able Technologies (New Jersey) | Corporation | Englewood, NJ | ||||
CorPower Ocean | Venture Capital-Backed | Stockholm, Sweden | ||||
Verdant Power | Venture Capital-Backed | New York, NY | ||||
AMI( Energy Production) | Corporation | Satellite Beach, FL |
Eco Wave Power Patents
Eco Wave Power Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
EP-4022184-A1 | A combined sea wave photovoltaic power plant | Inactive | 27-Aug-2019 | ||
US-20220321051-A1 | A combined sea wave photovoltaic power plant | Inactive | 27-Aug-2019 | ||
EP-4022184-A4 | A combined sea wave photovoltaic power plant | Inactive | 27-Aug-2019 | ||
EP-3692255-A1 | Effective wave power plant for production of clean electricity or clean water from the waves, or a combined system | Pending | 21-Nov-2017 | ||
EP-3692255-A4 | Effective wave power plant for production of clean electricity or clean water from the waves, or a combined system | Pending | 21-Nov-2017 | F03B13/1815 |
Eco Wave Power Signals
Eco Wave Power Investments (2)
Eco Wave Power’s most recent deal was a Joint Venture with Joint Venture (Eco Wave Power / Lian Tat Company). The deal was made on 07-Oct-2024.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Joint Venture (Eco Wave Power / Lian Tat Company) | 07-Oct-2024 | Joint Venture | Energy Production | ||
BCV | 19-May-2021 | Later Stage VC | Surgical Devices |
Eco Wave Power FAQs
-
When was Eco Wave Power founded?
Eco Wave Power was founded in 2011.
-
Where is Eco Wave Power headquartered?
Eco Wave Power is headquartered in Stockholm, Sweden.
-
What is the size of Eco Wave Power?
Eco Wave Power has 14 total employees.
-
What industry is Eco Wave Power in?
Eco Wave Power’s primary industry is Energy Production.
-
Is Eco Wave Power a private or public company?
Eco Wave Power is a Public company.
-
What is Eco Wave Power’s stock symbol?
The ticker symbol for Eco Wave Power is 1KW.
-
What is the current stock price of Eco Wave Power?
As of 13-Jun-2022 the stock price of Eco Wave Power is $0.43.
-
What is the current market cap of Eco Wave Power?
The current market capitalization of Eco Wave Power is $19M.
-
What is Eco Wave Power’s current revenue?
The trailing twelve month revenue for Eco Wave Power is $168K.
-
Who are Eco Wave Power’s competitors?
Marine Power Systems, Able Technologies (New Jersey), CorPower Ocean, Verdant Power, and AMI( Energy Production) are some of the 12 competitors of Eco Wave Power.
-
What is Eco Wave Power’s annual earnings per share (EPS)?
Eco Wave Power’s EPS for 12 months was -$0.06.
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