Eco Wave Power Global AB

Eco Wave Power Global AB is engaged in the research, development, and manufacture of technology for turning ocean and sea waves into electricity. Its projects include Jaffa Port and Gibraltar wave energy power station. The company was founded by Inna Braverman and David Leb in 2011 and is headquartered in Tel Aviv, Israel.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The Company is Gearing Towards the Official Opening of its Project in Israel, while Also Creating a Strong U.S Presence through its Upcoming Pilot at the Port of Los Angeles, and its Progress in Promoting the First Onshore Wave Energy Implementation in the State of New Jersey. At the Same Time, Eco Wave Power is Reinforcing its European Presence with Planned Projects in Portugal and Spain, with a Clear Goal of Moving Towards Larger Scale Deployments.

Eco Wave Power Presents Continued Operational Progress and Reports First Half 2022 Financial Results

On September 22 nd, 2022, the New Jersey State Assembly's Special Committee on Infrastructure and Natural Resources Unanimously Agreed to Advance the Wave Energy Bill Initiative by Assemblyman Robert Karabinchak, Sponsored by Senator Andrew Zwicker, Bill is Expected to be Introduced in the New Jersey State Senate by the September 29 th, 2022 TRENTON, N.J. , Sept. 26, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company") applauds the progress of New Jersey State Assemblyman Robert Karabinchak's Wave Energy Legislation Bill Initiative (A4483), which encourages the state of New Jersey to explore a deployment plan for wave energy technologies in the State of New Jersey, including the creation of financial incentives and the promotion of public-private partnerships.

Historic Wave Energy Legislation Initiative Takes a Significant Step Forward in New Jersey

STOCKHOLM , Sept. 14, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ Capital Market: WAVE) ("Eco Wave Power" or the "Company") announced that it will report its financial results for the first six months of 2022 after the Nasdaq market close on Tuesday, September 27, 2022.

Eco Wave Power to Report First Half 2022 Results on Tuesday, September 27, 2022

TEL AVIV, Israel , Sept. 8, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company") was pleased to host Terry Tamminen, President and CEO of AltaSea at the Port Los Angeles, at the Company's new EWP-EDF One wave energy power station at Jaffa Port, Israel, on Wednesday, September 7.

AltaSea CEO Terry Tamminen Arrives from LA for an Official Visit at Eco Wave Power's Newest Wave Energy Power Station in Israel Ahead of EWP's First US Pilot Station Arrival

NEW YORK , Sept. 5, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company") is pleased to announce that Inna Braverman, the company's founder and CEO, will speak at the University of Haifa's Art and Science reception, hosted by philanthropist Tzili Charney and the American Society of the University of Haifa (ASUH), Braverman's alma mater.

Inna Braverman, Eco Wave Power's Founder and CEO, to Speak at an Event by the University of Haifa in NYC Hosted by Philanthropist Tzili Charney

NEW YORK , Sept. 1, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company") is pleased to announce that Inna Braverman, the company's founder and CEO, will speak at Calcalist's international Mind the Tech NY Conference, which gathers Israel's top high-tech and investment executives for a series of discussions with United States business leaders on the most pressing issues of today's high-tech world.

Eco Wave Power Founder and CEO Inna Braverman to Speak at Calcalist's 2022 Mind the Tech NY Conference

Eco Wave Power has been developing its technology for over a decade, now with significant validation to begin construction of commercial facilities. The company's wave power design is clearly the best on the market, offering competitive pricing and longevity.

Eco Wave Power: An Early Investment Opportunity In A Burgeoning Industry

TEL AVIV, Israel , Aug. 23, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company") is pleased to announce that the Israeli Electric Authority (IEA) has set an official Feed-in Tariff ("FIT") for the Company's newly-installed wave energy pilot project ("EWP-EDF One Project") at the Port of Jaffa in Tel Aviv, Israel. With the FIT in place, the Israeli Electric Company (IEC) commenced operations to officially connect the EWP-EDF One wave energy project to Israel's energy grid.

Israel's Electric Authority Sets Feed-in Tariff for Eco Wave Power's EWP-EDF One Project, which Enables the Commencement of the Official Grid Connection Works by The Israeli Electric Company

Landmark installation located at the Port of Jaffa in Tel Aviv will be the first wave-powered energy station connected to Israel's energy grid. TEL AVIV, Israel , Aug. 4, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company") announced today that it has officially commenced test runs of its newly installed wave energy pilot project at the Port of Jaffa in Tel Aviv, Israel.

Eco Wave Power Commences Real Conditions Test Runs of its Newest EWP-EDF One Wave Energy Project at Jaffa Port, Israel

STOCKHOLM , Aug. 3, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company") is pleased to announce that the U.S. President Joe Biden and Senate Majority Leader Chuck Schumer are promoting a $369 billion renewable energy bill. The proposed legislation, under the name the Inflation Reduction Act of 2022, would mark the nation's largest federal investment, to date, in clean energy.

Eco Wave Power Expects a Boost to its U.S. Market Penetration Efforts in Line With the $369 Billion Renewable Energy Bill Initiative by the U.S. Government

STOCKHOLM , Aug. 2, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power'' or the "Company") announced today that the energy conversion unit, formerly deployed in Gibraltar, is officially on its way to AltaSea at the Port of Los Angeles, set to arrive in September 2022. This will be the first U.S. location for Eco Wave Power's technology, which is already deployed in Israel and plans further deployments in Spain, Portugal, and other locations, completing the Company's 327.7 MW project pipeline.

Eco Wave Power's Innovative Wave Energy Pilot is on its Way to AltaSea at the Port of Los Angeles

Eco Wave Power joins 150 companies, with a combined market capitalization of 1 trillion euros, to take action for a healthier ocean at the UN Ocean Conference CASCAIS, Portugal , June 28, 2022 /PRNewswire/ -- At the Sustainable Blue Economy Investment Forum in Cascais, Portugal, a special UN Ocean Conference event, Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company") joined 150 major companies in signaling their commitment to a healthy ocean by signing onto the UN Global Compact Sustainable Ocean Principles. In addition to the Ten Principles of the UN Global Compact, the Sustainable Ocean Principles provide a framework for responsible business practices across ocean sectors and geographies.

Eco Wave Power takes principled stand at UN Ocean Conference

Atlantic Journalists Will Lead Conversations about the Future of Our Planet with Scientists, Doctors, Historians, Computer Scientists, Futurists and Ethicists STOCKHOLM , June 27, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company") is pleased to announce that Inna Braverman, the company's Founder and CEO, will speak at The Atlantic's upcoming event – The Next Scientific Revolution, billed as an examination of this rare moment in human history where "the world is on the cusp of the next great leap in scientific understanding" and innovation. Braverman will join scientists, doctors, historians of science, computer scientists, futurists, and ethicists in conversation with Atlantic journalists during the June 28 event in New York.

Eco Wave Power Founder and CEO Inna Braverman to Speak at The Atlantic's "Next Scientific Revolution" Conference

Other distinguished alumni, including Entrepreneur and Philanthropist Idan Ofer and Minister of Economy and Industry of Israel Orna Barbivay, will join Braverman on stage. HAIFA, Israel , June 16, 2022 /PRNewswire/ -- Inna Braverman, Founder and CEO of Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power'' or the "Company"), has been selected as a recipient of an honorary fellowship from the University of Haifa, the largest research university in northern Israel.

Inna Braverman, Founder and CEO of Eco Wave Power, to Receive Honorary Fellowship from University of Haifa

STOCKHOLM , June 9, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) (Nasdaq First North: ECOWVE) ("Eco Wave Power" or the "Company") - Eco Wave Power Annual Report 2021 is attached to this press release and available at https://www.ecowavepower.com/investor-relations/financial-reports/. For the full report in Swedish, please click here.

Eco Wave Power Global AB (publ) Published Annual Report 2021

STOCKHOLM , June 2, 2022 /PRNewswire/ -- AGII THEODORI, GREECE - June 2, 2022 - Yesterday, Inna Braverman, Founder and Chief Executive Officer of Eco Wave Power Global AB (publ), a leader in the production of clean electricity from ocean and sea waves (Nasdaq: WAVE) (Nasdaq First North: ECOWVE) ("Eco Wave Power" or the "Company"), presented Eco Wave Power's innovative technology to an international collection of distinguished business leaders, senior government officials and investors at the annual Israel-Greece Conference, hosted by Calcalist in Isla Brown Corinthia hotel in Agii Theodori, Greece. Inna Braverman, Founder and CEO of Eco Wave Power, Orit Farhash - Hacohen, Israel Minister of Innovation, Science and Technology and Angelos Fragakis, The Mayor of Halki Island                          Ms.

During the Israel-Greece Conference Hosted by the Leading Financial Magazine- Calcalist, Inna Braverman, Founder and CEO of Eco Wave Power, Reveals Plans for a 1MW Project in Halki Island, Greece

Leverages its Pioneering Technology to Advance Projects in Israel, Los Angeles, Portugal and Spain STOCKHOLM , May 31, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) (Nasdaq First North: ECOWVE) ("Eco Wave Power" or the "Company"), a leading, publicly traded onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity, today announced its financial results as of and for the three months ended March 31, 2022. "With our technology proven through real conditions deployments in Gibraltar and Israel, we are now aiming to progress towards larger scale projects in Portugal and Spain and new and ongoing projects in Jaffa Port, Israel and the Port of Los Angeles in the United States" commented Inna Braverman, Founder and Chief Executive Officer of Eco Wave Power.

Eco Wave Power Reports First Quarter 2022 Financial Results

ADSs Will Continue to Trade on the Nasdaq Capital Market in the U.S. STOCKHOLM , May 30, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE, Nasdaq First North: ECOWVE) ("Eco Wave Power" or the "Company"), a leader in the production of clean electricity from ocean and sea waves, today announced that Nasdaq First North Growth Market Sweden ("Nasdaq First North") has accepted the Company's application to delist its common shares. As a result, from June 14, 2022, Eco Wave Power's only listed securities will be its American Depositary Shares ("ADSs") which trade on the Nasdaq Capital Market under the ticker "WAVE".

Eco Wave Power Announces Nasdaq First North Delisting and Last Day of Trading as Part of U.S. Focus

ADSs Will Continue to Trade on the Nasdaq Capital Market in the U.S. STOCKHOLM , May 26, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) (NASDAQ First North: ECOWVE) ("Eco Wave Power" or the "Company"), a leader in the production of clean electricity from ocean and sea waves, today announced that it has submitted a formal application of delisting from Nasdaq First North Growth Market Sweden ("Nasdaq First North"). The Company submitted the application 90 days after announcing its intention to delist via a press release on February 25, 2022.

Eco Wave Power Announces Submission of Formal Application for Delisting from Nasdaq First North Growth Market in Stockholm as Part of U.S. Focus

Virtual Presentation Scheduled for 7:00 a.m. ET on Tuesday, May 24, 2022; Management Available for Virtual One-on-One Meetings on May 23 and May 25, 2022 STOCKHOLM , May 18, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE, Nasdaq First North: ECOWVE) ("Eco Wave Power" or the "Company"), a leader in the production of clean electricity from ocean and sea waves, today announced that it will participate in the H.C.

Eco Wave Power's CEO Inna Braverman to Participate in the H.C. Wainwright Global Investment Conference on May 23-26, 2022

STOCKHOLM , May 16, 2022 /PRNewswire/ -- On Thursday, Inna Braverman, CEO of Eco Wave Power Global AB (publ), a leader in the production of clean electricity from ocean and sea waves (Nasdaq: WAVE, Nasdaq First North: ECOWVE) ("Eco Wave Power" or the "Company"), visited Port Adriano on the island of Mallorca, Spain, a month after the Company signed an agreement to install an up to 2 megawatt (MW) wave energy project at the location. The installation will be the first application of Eco Wave Power's wave energy technology in Spain and will produce clean electricity from waves to be used by Port Adriano, one of the most modern marinas in the Mediterranean and an exceptional base for superyachts.

Inna Braverman, CEO of Eco Wave Power, Conducts Site Visit at Port Adriano in Mallorca to Promote its First Wave Energy Project in Spain

STOCKHOLM , May 10, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE, Nasdaq First North: ECOWVE) ("Eco Wave Power" or the "Company"), a leader in the production of clean electricity from ocean and sea waves, today announced that it is changing the language for providing information to Nasdaq First North from Swedish and English to English only. Due to increased interest from international investors outside of Sweden and its recent listing on the Nasdaq Capital Market in the United States, the board of Eco Wave Power has decided to implement this change with effect from May 10, 2022 and will prepare its financial reports and press releases in English only in the future, including in connection with its quarterly report for the first quarter of 2022.

Eco Wave Power to Begin Providing Information in English Only

STOCKHOLM, April 28, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) (Nasdaq First North: ECOWVE) ("Eco Wave Power" or the "Company"), a leader in the production of clean electricity from ocean and sea waves, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the U.S. Securities and Exchange Commission (the "SEC"). The annual report, which contains Eco Wave Power's audited consolidated financial statements, can be accessed on the SEC website at http://www.sec.gov as well as via the Company's website atSEC Filings.

Eco Wave Power Files Annual Report on Form 20-F for the Year Ended December 31, 2021

EWP has a novel approach to capturing energy from ocean waves without an environmental footprint and at a low price. The company has established its proof of concept through pilot projects.

Eco Wave Power Is Ready To Lead The Way For Ocean Wave Energy As A Commercial Renewable Energy Source

Agreement with Port Adriano is expected to expand Eco Wave's European presence and advance Spain's clean energy initiatives  STOCKHOLM , April 11, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE, Nasdaq First North: ECOWVE) ("Eco Wave Power" or the "Company"), a leader in the production of clean electricity from ocean and sea waves, today announced that it has entered an official agreement with Port Adriano, Spain, for the potential construction of a wave energy power plant of up to 2MW. The agreement expands Eco Wave Power's presence in Europe and will help Spain achieve its aggressive goals for renewable power, leveraging its significant coastline capacity.

News for Eco Wave Power Global AB Stock (WAVE)