尽管收入增加 但OPT账面记录季度亏损
据离岸工程9月24日报道,截至2019年7月31日的2020财年第一季度,海洋动力科技公司(OPT)的净亏损为300万美元,而去年同期的净亏损为320万美元。
净亏损减少的主要原因是销售和管理成本的减少。
2020财年第一季度的收入为20.2万美元,与去年同期的3.1万美元相比,增加了17.1万美元。
收入增加归因于我们与埃尼,PMO和美国海军签订的合同确认的收入。
收入成本增加了22.5万美元至36.7万美元,而截至2018年7月31日的三个月为14.2万美元。收入成本增加的原因是,与2019财政年度同期相比,新客户创收项目的前期支出和材料成本增加。
OPT总裁兼首席执行官George H. Kirby称,我们本季度的业绩表明我们致力于取得商业成功。在过去的几年中,我们公司一直专注于商业运作,该商业运作在许多市场上都利用了PB3 PowerBuoy的卓越专利技术。随着我们继续增长业务记录,我们相信这些机会将以更快的速度增长和转化。
截至2019年7月31日,现金、现金等价物和限制性现金总额为1350万美元,低于2019年4月30日的1720万美元。
郝芬 译自 离岸工程
原文如下:
OPT Books Quarterly Loss Despite Revenue Boost
Ocean Power Technologies (OPT) has reported net loss for the first quarter of fiscal 2020 ended July 31, 2019 of $3.0 million, compared to a net loss of $3.2 million for the prior-year period.
The decrease in net loss was mainly attributable to the decrease in selling, general and administrative costs.
Revenue for the first quarter of fiscal 2020 was $202,000, an increase of $171,000 as compared to $31,000 for the prior-year period.
The increase was attributable to revenue recognition from our contracts with Eni, PMO, and the U.S. Navy.
Cost of revenues increased $225,000 to $367,000, compared to $142,000 in the three months ended July 31, 2018. This increase in cost of revenues was due to higher upfront spending and material costs on new customer revenue generating projects compared to the same period in fiscal 2019.
“Our results for the quarter demonstrate our commitment towards achieving commercial success,” said George H. Kirby, president and CEO of OPT. “For the last several years, our company has been focused evolving to a commercial operation that leverages the superior patented technology of the PB3 PowerBuoy in a wide array of markets. As we continue to grow an operational track record, we believe these opportunities will grow and convert at a quicker pace.”
Total cash, cash equivalents, and restricted cash were $13.5 million as of July 31, 2019, down from $17.2 million on April 30, 2019.