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WATT

Energous Corp

$1.48

Earnings Summary

Revenue
$0.22Mn
Net Profits
$-7.15Mn
Net Profit Margins
-3312.04%

Highlights

Revenue:

Energous Corp’s revenue jumped 48.87% since last year same period to $0.22Mn in the Q1 2022. On a quarterly growth basis, Energous Corp has generated -4.19% fall in its revenue since last 3-months.

Net Profits:

Energous Corp’s net profit jumped 16.1% since last year same period to $-7.15Mn in the Q1 2022. On a quarterly growth basis, Energous Corp has generated 24.08% jump in its net profits since last 3-months.

Net Profit Margins:

Energous Corp’s net profit margin jumped 43.65% since last year same period to -3312.04% in the Q1 2022. On a quarterly growth basis, Energous Corp has generated 20.76% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Energous Corp post its latest quarter earnings

EPS Estimate Current Quarter
-0.08
EPS Estimate Current Year
-0.08

Highlights

EPS Estimate Current Quarter:

Energous Corp’s earning per share (EPS) estimates for the current quarter stand at -0.08 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Energous Corp’s earning per share (EPS) estimates for the current year stand at -0.08.

Key Ratios

Key ratios of the Energous Corp post its Q1 2022 earnings

Earning Per Share (EPS)
-0.08
Return on Assets (ROA)
-0.45
Return on Equity (ROE)
-0.86
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Energous Corp’s earning per share (EPS) jumped 42.86% since last year same period to -0.08 in the Q1 2022. This indicates that the Energous Corp has generated 42.86% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Energous Corp’s return on assets (ROA) stands at -0.45.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Energous Corp’s return on equity (ROE) stands at -0.86.

Dividend Per Share (DPS):

Energous Corp declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-16
-0.08
-0.08
0%

Company Information

Energous Corporation is the global leader of Wireless Charging 2.0 technology. Its award-winning WattUp® solution is the only technology that supports both contact and distance charging through a fully compatible ecosystem. Built atop fast, efficient and highly scalable RF-based charging technology, WattUp is positioned to offer substantial improvements over older, first generation coil-based charging technologies in power, efficiency, foreign device detection, freedom of movement and overall cost for consumer electronics, medical devices, retail, military, industrial/commercial IoT, automotive, military, retail and industrial applications. Energous develops silicon-based wireless power transfer (WPT) technologies and customizable reference designs, and provides worldwide regulatory assistance, a reliable supply chain, quality assurance, and sales and technical support to global customers. The company received the world's first FCC Part 18 certification for at-a-distance wireless charging and has been awarded 231 patents for its WattUp wireless charging technology to-date.

Organisation
Energous Corp
Headquarters
San Jose, California, US
Employees
54
Industry
Manufacturing
CEO
Stephen Rizzone