Eco Wave Power Global AB reports Q3 net loss of $996 thousand on increased investment in U.S. project launch

Reuters11-12

Eco Wave Power Global AB reports Q3 net loss of $996 thousand on increased investment in U.S. project launch

Eco Wave Power Global AB (publ) reported its financial results for the nine months ended September 30, 2025. Operating expenses rose by 8% quarter-over-quarter to $888.0 thousand, mainly due to increased Sales & Marketing spend for the U.S. project launch. Research and Development expenses decreased by 12%, and General & Administrative costs were down by 5%. Other income nearly doubled, and financial expenses decreased by 81% due to lower foreign exchange losses. The net loss declined by 28% quarter-over-quarter to $996.0 thousand. The company ended the quarter with $6.9 million in cash and short-term deposits. Key business developments included the launch of its first U.S. project at the Port of Los Angeles and international recognition, including being named one of TIME's Best Inventions of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eco Wave Power Global AB (publ) published the original content used to generate this news brief via Newsfile (Ref. ID: 274141) on November 12, 2025, and is solely responsible for the information contained therein.

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