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Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

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Ocean Power Technologies / Equity Bottom-Up

<ul><li>Ocean Power Technologies (OPT) reported 3QFY25 revenue of $0.8 million, down 54% Y/Y.</li><li>The company expects revenue to be higher from 4Q onward, driven by order backlogs, which stand at $7.5 million.</li><li>OPT reported 3QFY25 gross profit of $0.2 million, compared with $0.8 million in 3QFY24.</li></ul>

Ocean Power Technologies (OPT) reported 3QFY25 revenue of $0.8 million, down 54% Y/Y.The company expects revenue to be higher from 4Q onward, driven by order backlogs, which stand at $7.5 million.OPT reported 3QFY25 gross profit of $0.2 million, compared with $0.8 million in 3QFY24.

Ocean Power Technologies, Inc. - 3QFY25 Results; Secures Major Latin America Deal

<ul><li>OPTT’s focus on commercialization continues to gain traction as it inked a $2 million deal in Latin America for its PowerBuoy product.</li><li>The details of the deal are scant at this point, but it’s clear that this represents significant traction in the firm’s sales efforts in the region.</li><li>Total revenue in 2Q25 was $2.4 million, which represented a 172% Y/Y increase. So, this deal represents a meaningful revenue number. </li></ul>

OPTT’s focus on commercialization continues to gain traction as it inked a $2 million deal in Latin America for its PowerBuoy product.The details of the deal are scant at this point, but it’s clear that this represents significant traction in the firm’s sales efforts in the region.Total revenue in 2Q25 was $2.4 million, which represented a 172% Y/Y increase. So, this deal represents a meaningful revenue number. 

OPTT US: $2 Million PowerBuoy PO in Latin America Advances Path to Break-Even in 4QCY25

<ul>
<li>Ocean Power Technologies has secured a new partnership in Latin America with $3 million in purchase order commitments over three years.</li>
<li>This new agreement adds to a previous $1.5 million order, bringing the total to $4.5 million.</li>
<li>The partnership will involve the deployment of OPT’s WAM-V unmanned surface vehicles (USVs) for hydrographic applications and other diverse tasks.</li>
</ul>


Ocean Power Technologies has secured a new partnership in Latin America with $3 million in purchase order commitments over three years.
This new agreement adds to a previous $1.5 million order, bringing the total to $4.5 million.
The partnership will involve the deployment of OPT’s WAM-V unmanned surface vehicles (USVs) for hydrographic applications and other diverse tasks.


Ocean Power Technologies, Inc: Lands $3 Million Multi-Year Contract in Latin America

<ul><li>OPT reported preliminary 2QFY25 results and reaffirmed previous guidance of achieving profitability in 4Q25.</li><li>The company expects 2QFY25 revenue to come in at more than $2.0 million compared with $0.9 million in 2QFY24.</li><li>Net loss is expected to be lower at ~$4.0 million compared with $7.2 million last year, driven by a 40% reduction in operating expenses due to lower third-party spending and higher revenue.</li></ul>

OPT reported preliminary 2QFY25 results and reaffirmed previous guidance of achieving profitability in 4Q25.The company expects 2QFY25 revenue to come in at more than $2.0 million compared with $0.9 million in 2QFY24.Net loss is expected to be lower at ~$4.0 million compared with $7.2 million last year, driven by a 40% reduction in operating expenses due to lower third-party spending and higher revenue.

Ocean Power Technologies, Inc. - Delivers Strong 2QFY25

<ul><li>Contract with EpiSci. OPT has successfully completed the second set of exercises under a follow-on contract with EpiSci.</li><li>This involves deploying its WAM-V autonomous surface vehicles during the Mission Autonomy Proving Grounds (MAPG) as part of Project Overmatch.</li><li>The goal is to ruggedize and enhance the operational capabilities of OPT’s autonomous maritime technologies to support the US military and its allies.</li></ul>

Contract with EpiSci. OPT has successfully completed the second set of exercises under a follow-on contract with EpiSci.This involves deploying its WAM-V autonomous surface vehicles during the Mission Autonomy Proving Grounds (MAPG) as part of Project Overmatch.The goal is to ruggedize and enhance the operational capabilities of OPT’s autonomous maritime technologies to support the US military and its allies.

Ocean Power Technologies, Inc. - Continues to Make Waves

United States

Ocean Power Technologies, Inc. manufactures equipment that generates electricity from the motion of ocean waves. The Company develops wave energy technology and converts ocean waves energy into electricity. Ocean Power Technologies serves customers worldwide.

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Ocean Power Technologies (OPTT US)

Ocean Power Technologies, Inc. - 3QFY25 Results; Secures Major Latin America Deal

The company expects revenue to be higher from 4Q onward, driven by order backlogs, which stand at $7.5 million.OPT reported 3QFY25 gross profit of...

Water Tower Research

OPTT US: $2 Million PowerBuoy PO in Latin America Advances Path to Break-Even in 4QCY25

OPTT’s focus on commercialization continues to gain traction as it inked a $2 million deal in Latin America for its PowerBuoy product.

Water Tower Research

Ocean Power Technologies, Inc: Lands $3 Million Multi-Year Contract in Latin America

Ocean Power Technologies has secured a new partnership in Latin America with $3 million in purchase order commitments over three years.

Water Tower Research

Ocean Power Technologies, Inc. - Delivers Strong 2QFY25

OPT reported preliminary 2QFY25 results and reaffirmed previous guidance of achieving profitability in 4Q25. The company expects 2QFY25 revenue to...

Water Tower Research

Ocean Power Technologies, Inc. - Continues to Make Waves

Contract with EpiSci. OPT has successfully completed the second set of exercises under a follow-on contract with EpiSci.

Water Tower Research

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