OceanTech Acquisitions I Net Income

OceanTech Acquisitions I (OTEC) currently reports a net income of $-2.8M as of March 2024. That compares with $-4.7M in the prior-year period — up 40.0% year over year. That is below the sector sector average of $98M. Use the charts on this page to explore OceanTech Acquisitions I's net income history and peer comparisons.

OceanTech Acquisitions I's net income increased from $-4.7M to $-2.8M — a 40.0% year-over-year increase (period ending March 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

OceanTech Acquisitions I's net income of $-2.8M is lower than the its sector sector average of $98M. That is roughly 102.9% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

OceanTech Acquisitions I reported $-2.8M in net income as of March 2024. That compares with $-4.7M in the prior-year period — up 40.0% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current net income of $-2.8M, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is $98M. From there, open related valuation or income-statement pages for OceanTech Acquisitions I, and consider following OTEC for alerts when major investors trade the stock.