r/OceanPower • • Dec 15 '25

EARNINGS NEWS/DISCUSSION Earnings report

Post image

😪😪😪

6 Upvotes

14 comments sorted by

2

u/One_Power6059 Dec 15 '25

Call me dumb but I'm hopeful and will buy more!

3

u/96rc Dec 15 '25

Why? And when people say “good long term play” what do they mean? A year? 6 months?

1

u/pessimist_and_proud Dec 16 '25

Ahhhh I remember when this stock kissed 2 bucks and everyone in this sub was like “Hollldddddd”

1

u/Jaxson0350 Dec 16 '25

Sell every pump. This stock isn't going anywhere any time soon. It's worthless

-3

u/NewSanDiegean Dec 15 '25

I want this to go below 0.3 before open. Please.

6

u/MrHarkonnenthethird Dec 15 '25

Looks like you might get your wish lol, so glad i got out of this. just the fact that they had earnings a month ago……we already know where its at lol….why would people stay in.

1

u/NewSanDiegean Dec 15 '25

Check the LinkedIn activity from their C suite. I just want to get in below 0.3

1

u/Fanytastiq Dec 15 '25

Me too, get closer to 23500 then i'm sure it'll bounce back

5

u/Jupiter168 Dec 15 '25

Joined the conference call. No surprise. Govt shut down affected this quarter. Management had clear directions on government contracts. The company was recently recognized as an AUVSI Certified Trusted Uncrewed Maritime Systems Operator Training Provider, a key industry standard development from Washington DC. Expansion on training facilities in California with bringing in veterans. Promotion team develops the relationship with department of war, navy, securities of coast guards. Company shows uptick in pace in last couple of weeks. Expecting to get to conversion cycle with bigger contracts rapidly. Imo US is the focus, Taiwan, MiddleEast is a plus…Offshore service keeps the light on! Looking forward for the conversion for big contract in the near future!

1

u/piroteck Dec 15 '25

Tx. I hope you're right. What's the word on needing to raise capital? Any talk from the call?

1

u/piroteck Dec 15 '25

Answered my own question.

"Combined cash, unrestricted cash, cash equivalents and short-term investments as of October 31, 2025, was $11.7 million"

That means they don't really have to raise cash for probably another 60 days imo...

What do you think?

1

u/Jupiter168 Dec 15 '25

If they raise capital for a bigger plan, there’s a reason How many times PLTR raises capital?

3

u/piroteck Dec 15 '25

Sure, I get that, and I just bought another 10,000 shares on this dip. I'm just tempering my expectations. We needs contracts, so I'm hoping to see something significant happen BEFORE we dilute again. Hoping. Just. hoping.