Eco Wave Power Global (ADR) (WAVE)
Develops coastal wave-conversion systems that feed electricity into the grid.
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Develops wave-conversion equipment for onshore or nearshore deployment on breakwaters and other coastal infrastructure. The founder-led company is testing pilot systems in Israel and Los Angeles while planning its first megawatt-scale European installation in Portugal.
Develops wave-conversion equipment designed to turn ocean and sea waves into electricity. Its systems operate onshore or nearshore and connect to existing coastal infrastructure, including breakwaters and port structures.
The operating company was co-founded in Tel Aviv in 2011 by Inna Braverman and David Leb. Braverman remains CEO, while the Swedish public parent’s American depositary shares trade on Nasdaq.
Projects include grid-connected sites in Gibraltar and Israel, an onshore pilot at the Port of Los Angeles, and a planned Porto installation in Portugal. Israel and Los Angeles are pilot-scale demonstrations, while Portugal is the first planned megawatt-scale European project. Porto’s timing depends on a structural assessment and any repairs to its host breakwater following storm damage.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $8.2M · Total debt $1.3M · Total assets $10.1M · Shareholders' equity $7.8M
- Revenue
- $0
- Operating income
- −$769.0K
- Net income
- −$977.0K
No dividends on record.
| Institutions | 9.29% | 542.5K ADS | |
|---|---|---|---|
| 21 holders · as of Jun 30, 2026 | |||
| Insiders | 75.01% | 4.38M ADS | |
| 5 holders · as of Jun 8, 2026 | |||
| Strategic holders | 1.01% | 58.8K ADS | |
| 1 holder · as of Jul 2, 2021 | |||
| Other | 14.69% | 857.8K ADS | |
| remainder | |||
5.84M ADS (1 ADS = 8 ordinary shares) as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
David LebInsider | 25.37% | 1.48M | filed Mar 3, 2022 |
Inna BravermanInsider | 25.15% | 1.47M | filed Mar 15, 2022 |
Inna Kanevsky BravermanInsiderdirector, 10 percent owner, officer: Chief Executive Officer | 24.49% | 11.44M ordinary | filed Mar 18, 2026 |
Citadel Advisors LLCInstitution | 7.00% | 408,818 ADS | as of Jun 30, 2026 |
Alpha Capital AnstaltStrategic | 1.01% | 58,750 | filed Jul 2, 2021 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Ocean Power Technologies
Wave-powered maritime platforms for offshore power and data
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Eco Wave Power Global (ADR) | $6.35 | −2.42% | $38.0M | — | — | 997.5 | −80.9% |
| Ocean Power Technologies | $2.05 | −3.54% | $13.7M | — | — | 3.2 | +44.1% |
| Median | — | — | 3.2 | +44.1% |