Energous CorpWATT

NasdaqTechnologyRadio & Tv Broadcasting & Communications Equipment
Price (close)
$13.16
Market cap
$72.7M
P/E
—
Revenue (TTM)
$10.5M
Net income
-$8.0M
Dividend yield
—
1-year total return
60.5%
Net margin
-76.4%
Revenue growth
430.5%
Debt / equity
0.01x

What Energous Corp does.

We have developed scalable, over-the-air Wireless Power Network (“WPN”) technology that integrates advanced semiconductor chipsets, software controls, hardware designs, and antenna systems to enable radio frequency (“RF”)-based charging for ambient Internet of Things (“IoT”) devices, transforming supply chain capabilities from limited tracking to overall business intelligence. Our WPN technology consists of transmitter systems, receiver integrated circuits, and supporting software designed to deliver power and data to battery-free IoT devices across a range of operating distances and power levels. These capabilities support applications that require continuous operation without wired power connections or periodic battery replacement.

With a patent portfolio exceeding 300 patents, our solutions support both near-field and at-a-distance wireless power transmission and include advanced receiver technology designed for use across multiple device categories. Applications include retail sensors, electronic shelf labels (“ESLs”), asset trackers, air quality monitors, motion detectors, and other monitoring solutions.

To date, we have developed and released multiple transmitter and battery-free receiver products. Our transmitters vary in form factors, power specifications, and operating frequencies, and our receivers are designed to support a range of wireless power-enabled device applications, including:

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$327,350$756,793$851,321$474,000$768,000$5.6M
Net income-$31.8M-$41.4M-$26.3M-$19.4M-$18.4M-$9.6M
Free cash flow-$24.9M-$29.1M-$23.8M-$19.4M-$17.7M-$12.5M

More on WATT.

Figures from Energous Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.