WAVE · NASDAQ · Renewable Utilities

Eco Wave Power Global (ADR)

Develops coastal wave-conversion systems that feed electricity into the grid.

$6.40
After-hours close−0.02 (−0.31%)
At close$6.42(−4.18%)
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Profile

Eco Wave Power Global AB (publ)WAVEUtilities

Develops wave-conversion equipment for onshore or nearshore deployment on breakwaters and other coastal infrastructure. The founder-led company is testing pilot systems in Israel and Los Angeles while planning its first megawatt-scale European installation in Portugal.

Develops wave-conversion equipment designed to turn ocean and sea waves into electricity. Its systems operate onshore or nearshore and connect to existing coastal infrastructure, including breakwaters and port structures.

The operating company was co-founded in Tel Aviv in 2011 by Inna Braverman and David Leb. Braverman remains CEO, while the Swedish public parent’s American depositary shares trade on Nasdaq.

Projects include grid-connected sites in Gibraltar and Israel, an onshore pilot at the Port of Los Angeles, and a planned Porto installation in Portugal. Israel and Los Angeles are pilot-scale demonstrations, while Portugal is the first planned megawatt-scale European project. Porto’s timing depends on a structural assessment and any repairs to its host breakwater following storm damage.

Company facts

CEOInna Braverman
ListedJul 1, 2021
ExchangeNASDAQ
HeadquartersTel Aviv, Israel
CountryIsrael
Employees13
CIK0001846715
ISINUS27900N1037

Key statistics

Market cap$38.5M
EPS (ttm)−$0.6000
P/E (ttm)−11.00
ROE-56.3%
P/B4.94
P/S1,011.28
Dividend yield
Beta0.77vs XLU 0.23

Year to date +6.6% · Average volume (30d) 14.5K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate−$0.24
ReportedDue Nov 16, 2026

Revenue

Estimate$87.5K
ReportedDue Nov 16, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 11, 2026Q2 FY26−$0.18−$0.16+11.1%$300.0K−0.97%
May 7, 2026Q1 FY26−$0.14−$0.12+14.3%$300.0K−5.60%
Mar 12, 2026Q4 FY25−$0.17−$0.16+5.9%$150.0K$38.1K−74.6%+6.90%
Nov 12, 2025Q3 FY25−$0.09−$0.16−88.2%$200.0K−4.37%
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Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$38.1K$0$0
Gross profit$0$0$0$22.1K$0$0
Operating income−$765.0K−$823.0K−$881.8K−$705.1K−$711.2K−$769.0K
Net income−$499.0K−$1.4M−$981.6K−$838.5K−$694.2K−$977.0K
Diluted EPS−$0.09−$0.24−$0.17−$0.14−$0.12−$0.17
Gross margin57.9%
Operating margin-1,850.0%

Fiscal years (4-quarter sums)FY21 $59.4K · FY22 $26.0K · FY23 $306.0K · FY24 $168.0K · FY25 $38.1K

Balance sheet, Jun 30, 2026Cash & short-term investments $8.2M · Total debt $1.3M · Total assets $10.1M · Shareholders' equity $7.8M

Dividends

No dividends on record.

Ownership

Institutions 1.57%Insiders

Shares outstanding 5.84M · Float

Float — provider float is below the insider stake.

Insiders — filings are in the shares behind the receipt.

This listing is a depositary receipt and the Form 4 positions here are filed in the shares behind it, a different unit from the share count and in a ratio the filings never state, so no insider percentage is shown.

The provider's float is smaller than the insider stake it should exclude, so it is not shown.

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Smartharvest Portfolios, LLC21.4K0.37%13FApr 21, 2026
LPL Financial LLC19.8K0.34%13FMay 6, 2026
Morgan Stanley15.0K0.26%13FMay 15, 2026
Veracity Capital LLC14.9K0.26%13FApr 9, 2026
Citadel Advisors LLC12.6K0.22%13FMay 15, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Peers

CompareAfter-hours close

CompanyPriceChange
Eco Wave Power Global (ADR)$6.40−0.31%$38.5M1,011.3−77.3%
Ocean Power Technologies$0.1676−0.48%$33.2M8.9+196.2%
Median8.9+196.2%