Eco Wave Power Global AB (publ)

WAVENASDAQUtilities● Active

$8.42

$-0.24(-2.78%)

Market Cap$49166467

P/E Ratio—

52W High$10.5

52W Low$4.41

Avg Volume20K

Open$9.09

Beta-0.37

Free Cash Flow Financials Revenue

Eco Wave Power Global AB (publ) (WAVE) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

WAVE · free cash flow · updated Jun 8, 2026

Core FCF metrics

WAVE · FCF · TTM · margin & CAGR

Free cash flow was −$3.3M for FY2025 (fiscal year ending 2025-12-31), down 78.1% year-over-year

FY2025 Free Cash Flow−$3.3M▼ -78.1% YoY

Trailing 12M (TTM)$0trailing 4 quarters sum

FCF Margin< −999%−$3.3M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

WAVE · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$2.8M(1M)−$3.3M▼ 78.1%—

FY2024−$1.8M(0M)−$1.9M▲ +29.0%—

FY2023−$2.6M(0M)−$2.6M▼ 5.8%-852.0%

FY2022−$2.5M(0M)−$2.5M▲ +3.1%—

FY2021−$2.5M(0M)−$2.5M▲ +0.6%—

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

WAVE · P/FCF · FCF yield · FCF per share

Eco Wave Power Global AB (publ) (WAVE) reported negative free cash flow of −$0.00B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

WAVE · cash flow statement · operating / investing / financing

For FY2025, Eco Wave Power Global AB (publ) generated −$2.8M in operating cash flow and spent 1M in capital expenditures, yielding −$3.3M in free cash flow.

Operating Activities

−$2.8M

Cash from core business operations

2025-12-31

Investing Activities

+$0.6M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$0.2M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$2.8M) − |CapEx| (1M) = FCF (−$3.3M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Utilities)

WAVE vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Eco Wave Power Global AB (publ)YOU

WAVE

−$3.3M-78.1%-8623.9%

Loss

Constellation Energy Corporation

CEG

$1.29B+125.6%5.0%

35%

Duke Energy Corporation

Utilities · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Eco Wave Power Global AB (publ) (WAVE) reported free cash flow of −$3.3M for FY2025 (fiscal year ending 2025-12-31), down 78.1% year-over-year.

Eco Wave Power Global AB (publ) has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 9 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

WAVE free cash flow · 8 questions

Eco Wave Power Global AB (publ) free cash flow was −$3.3M for FY2025, down 78.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $0.

WAVE free cash flowWAVE FCFWAVE FCF 2025WAVE free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Eco Wave Power Global AB (publ) · Eco Wave Power Global AB (publ) SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026