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0.0476190476190477 0 -0.0238095238095238 0.0158730158730159 -0.154761904761905 -0.166666666666667 -0.182539682539683 -0.182460317460317
Stock impact report

Eco Wave Power Announces 1,076% Revenue Increase, Investment Agreement with Major Energy Company for its LA Project, and Final License for the Construction of its First Commercial Project ...

Eco Wave Power Global AB (publ) - American Depositary Shares (WAVE) 
Company Research Source: PR Newswire
STOCKHOLM, April 1, 2024 /PRNewswire/ -- Eco Wave Power Global (Nasdaq: WAVE), a leading, publicly traded onshore wave energy technology company, announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 (the "Annual Report") 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 in the section titled SEC Filings.Management CommentaryThe economic landscape in 2023 was marked by unpredictability and numerous challenges. At the year's start, both consumers and economists braced for a possible recession. Despite these worries, Eco Wave Power demonstrated resilience by increasing its revenues by 1076% (not including funds from grants and other sources) and decreasing its net loss by 36% (compared to 2022), ending the year with $8.4 million in cash and de Show less Read more
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