Energous Corporation develops wireless charging solutions. The company develops WattUp wireless power technology that consists of semiconductor chipsets, software controls, hardware designs, and antennas that enables radio frequency-based charging for electronic devices. The company's products are used in building and home automation, electronic shelf labels, industrial IoT sensors, surface and implanted medical devices, tracking devices, hearables, wearables, consumer electronics, and public safety applications. Energous Corporation was formerly known as DvineWave Inc. and changed its name to Energous Corporation in January 2014. The company was incorporated in 2012 and is headquartered in San Jose, California.
Revenue of Energous Corporation (WATT)
Revenue in 2023 (TTM): $474.18 K
According to Energous Corporation's latest financial reports the company's current revenue (TTM) is $474.18 K. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Energous Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $474.18 K | $195.1 K | $-21,553,117 | $-19,366,763 | $-19,366,763 |
| 2022 | $851.32 K | $-426,244 | $-25,298,652 | $-26,275,260 | $-25,864,195 |
| 2021 | $756.79 K | $-175,762 | $-37,157,364 | $-41,427,293 | $-44,506,418 |
| 2020 | $327.35 K | $200.81 K | $-30,778,569 | $-31,832,086 | $-30,644,413 |
| 2019 | $200.14 K | $200.14 K | $-38,026,672 | $-38,399,089 | $-36,422,708 |
| 2018 | $514.82 K | $514.82 K | $-49,874,690 | $-50,840,122 | $-50,840,122 |
| 2017 | $1.15 M | $1.15 M | $-48,077,848 | $-49,376,875 | $-49,376,875 |
| 2016 | $1.45 M | $1.45 M | $-44,872,884 | $-45,817,394 | $-45,817,394 |
| 2015 | $2.5 M | $2.5 M | $-26,759,610 | $-27,561,702 | $-27,561,702 |
| 2014 | $ | $ | $-20,003,520 | $-45,603,110 | $-45,603,110 |
| 2013 | $ | $ | $-4,607,753 | $-5,521,081 | $-5,521,081 |
| 2012 | $ | $ | $ | $-127,722 | $-127,722 |