Energous Corp. Stock
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Your prediction
Energous Corp. Stock
Pros and Cons of Energous Corp. in the next few years
Pros
Cons
Performance of Energous Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Energous Corp. | - | - | - | - | - | - | - |
| Liberty Tripadv. Hldgs A | -5.430% | -11.594% | -15.862% | 75.540% | 78.102% | -73.932% | - |
| Travelzoo Inc. | -1.200% | -6.818% | -11.828% | 50.459% | -5.202% | -37.879% | -33.290% |
| Angie's List Inc. | 1.640% | -6.446% | -23.938% | -1.931% | -17.854% | -86.594% | -82.109% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Energous Corporation (NASDAQ: WATT) operates within the highly competitive Software & IT Services industry. Based on the historical financial data provided, it is clear that this company has been facing some financial challenges over the past few years. Net income has consistently been negative and retained earnings have been accumulating significant losses. However, the company seems to have been actively raising capital through financing activities, which might suggest some confidence in their growth prospects.
Raised Capital through Financing Activities: Throughout the years, Energous has made substantial efforts to raise capital through financing activities. In 2019, the company raised $28.39 million while in 2020, it managed to secure $53.97 million. This indicates that investors may still be confident in the company's growth and prospects.
Improvement in EBIT: Energous has managed to improve its Earnings Before Interest and Tax (EBIT) from a loss of $38.8 million in 2019 to a loss of $31.9 million in 2020, indicating a potential stabilization in the company's financial situation. If this trend continues, it could be a promising sign for the company's future financial health.
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