See more : GoldON Resources Ltd. (GLD.V) Income Statement Analysis – Financial Results
Complete financial analysis of Greenwave Technology Solutions, Inc. (GWAV) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Greenwave Technology Solutions, Inc., a leading company in the Waste Management industry within the Industrials sector.
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Greenwave Technology Solutions, Inc. (GWAV)
About Greenwave Technology Solutions, Inc.
Greenwave Technology Solutions, Inc., through its subsidiary, Empire Services, Inc., operates metal recycling facilities in Virginia and North Carolina. The company, through its 11 metal recycling facilities, collects, classifies, and processes raw scrap ferrous and nonferrous metals for recycling iron, steel, aluminum, copper, lead, stainless steel, and zinc. It is involved in the purchasing and selling processed and unprocessed scrap metals to steel mills and other purchasers. The company was formerly known as MassRoots, Inc and changed its name to Greenwave Technology Solutions, Inc. in October 2021. The company was founded in 2002 and is headquartered in Suffolk, Virginia.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 35.67M | 33.98M | 8.10M | 6.96K | 23.70K | 19.60K | 319.24K | 701.58K | 213.96K | 9.03K | 705.00 |
| Cost of Revenue | 21.18M | 21.54M | 5.24M | 1.28K | 3.53K | 994.00 | 630.00 | 180.43K | 57.61K | 690.00 | 0.00 |
| Gross Profit | 14.48M | 12.44M | 2.86M | 5.68K | 20.17K | 18.60K | 318.61K | 521.15K | 156.35K | 8.34K | 705.00 |
| Gross Profit Ratio | 40.61% | 36.61% | 35.31% | 81.58% | 85.11% | 94.93% | 99.80% | 74.28% | 73.07% | 92.36% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 14.65M | 13.30M | 4.35M | 1.11M | 2.84M | 11.09M | 30.38M | 13.14M | 5.56M | 1.43M | 1.29M |
| Selling & Marketing | 414.19K | 83.99K | 33.60K | 58.96K | 29.76K | 501.45K | 960.24K | 985.34K | 717.77K | 180.78K | 93.55K |
| SG&A | 15.07M | 13.38M | 4.38M | 1.17M | 2.87M | 11.59M | 31.34M | 14.12M | 6.28M | 1.43M | 1.38M |
| Other Expenses | 18.93M | 9.94M | 1.40M | 162.11M | 38.55K | 1.71M | 1.99M | 9,493.31B | 0.00 | 1.80K | 0.00 |
| Operating Expenses | 31.10M | 23.32M | 5.79M | 1.17M | 2.91M | 13.30M | 33.33M | 14.12M | 6.28M | 1.43M | 1.38M |
| Cost & Expenses | 55.18M | 44.86M | 11.03M | 1.17M | 2.91M | 13.30M | 33.33M | 14.30M | 6.34M | 1.43M | 1.38M |
| Interest Income | 0.00 | 34.08M | 10.56M | 5.14M | 4.94M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 8.90M | 34.08M | 10.56M | 5.14M | 4.94M | 1.97M | 659.77K | 3.85M | 4.38K | 8.32K | 0.00 |
| Depreciation & Amortization | 7.46M | 6.45M | 1.28M | 6.73K | 45.28K | 443.06K | 416.25K | 19.45K | 10.17K | 1.80K | 342.00 |
| EBITDA | -10.58M | 5.49M | 10.21M | -9.57M | -29.29M | -13.60M | -43.31M | -14.16M | -8.35M | -2.36M | -918.90K |
| EBITDA Ratio | -29.67% | -11.43% | 2,229.15% | 2,311,100.00% | -38,106.83% | -65,493.39% | -10,208.78% | -1,936.05% | -2,857.94% | -15,761.09% | -195,509.65% |
| Operating Income | -19.51M | -10.88M | 179.23M | -1.16M | -2.89M | -13.88M | -36.80M | -13.60M | -6.13M | -1.61M | -1.38M |
| Operating Income Ratio | -54.71% | -32.03% | 2,213.29% | -16,660.12% | -12,186.73% | -70,850.21% | -11,528.55% | -1,938.82% | -2,862.69% | -17,798.70% | -195,558.16% |
| Total Other Income/Expenses | -7.42M | -24.16M | 1.30M | -13.55M | -31.38M | -2.13M | -7.59M | -4.43M | -2.35M | -828.92K | 0.00 |
| Income Before Tax | -26.94M | -35.04M | -1.63M | -14.71M | -34.27M | -16.02M | -44.39M | -18.03M | -8.47M | -2.44M | -1.38M |
| Income Before Tax Ratio | -75.52% | -103.13% | -20.16% | -211,235.78% | -144,576.26% | -81,729.05% | -13,904.68% | -2,569.93% | -3,959.98% | -26,978.32% | -195,558.16% |
| Income Tax Expense | 0.00 | 28.82M | 192.72M | 5.14M | -1.25M | 1.20M | 659.77K | 3.85M | 4.38K | 8.32K | 0.00 |
| Net Income | -26.94M | -63.86M | -194.35M | -19.85M | -33.02M | -16.02M | -44.39M | -18.03M | -8.47M | -2.44M | -1.38M |
| Net Income Ratio | -75.52% | -187.94% | -2,400.02% | -285,034.19% | -139,287.26% | -81,729.05% | -13,904.68% | -2,569.93% | -3,959.98% | -26,978.32% | -195,558.16% |
| EPS | -385.81 | -1.46K | -3.78K | -640.03 | -2.58K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS Diluted | -385.81 | -1.46K | -3.56K | -640.03 | -2.58K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 87.08K | 43.84K | 51.41K | 31.01K | 12.82K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Weighted Avg Shares Out (Dil) | 87.08K | 43.85K | 54.66K | 31.01K | 12.82K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Greenwave Technology Solutions, Inc. Strategically Positions for Growth in Rapidly Consolidating U.S. Scrap Metal Industry
CHESAPEAKE, Va. , Dec. 6, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), a leader in metal recycling operations across Virginia, North Carolina, and Ohio, announces strategic developments poised to deliver shareholder value in a...
Greenwave Technology Solutions, Inc. Positioned to Capitalize on Nucor's Lexington Facility Launch and Record Domestic Demand
CHESAPEAKE, Va. , Dec. 5, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV), a leader in metal recycling operations across Virginia, North Carolina, and Ohio, is set to benefit from the 2025 opening of Nucor Corporation's state-of-the-art steelmaking facility in...
Greenwave Technology Solutions (Nasdaq:GWAV) Secures Ownership of Key Real Estate, Saving $1.7M Annually and Boosting Strategic Opportunities
CHESAPEAKE, Va. , Dec. 2, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), a leading operator of metal recycling facilities across Virginia, North Carolina, and Ohio, has taken a transformative step by acquiring the real...
Greenwave Technology Solutions, Inc. Expects U.S. Tariffs on Steel Imports to Drive Margin Expansion in FY 2025
Greenwave's customers include subsidiaries of Nucor Corporation, Cleveland-Cliffs, Inc., Sims Limited, and Georgia-Pacific The Company is one of primary domestic suppliers of mill-ready shred in the mid-Atlantic region CHESAPEAKE, Va. , Nov. 27, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc....
Greenwave Technology Solutions' Scrap App Sets New Weekly Revenue Record; Expands to Greenville, NC Market
Company Launches Trust Pilot reviews to Boost Google Search Ranking and Optimize its Conversion Rate ScrapApp.com is Capturing Market Share and Growing Revenue in Key Markets Primarily Utilizing Cashflows Generated from Operating Activities CHESAPEAKE, Va. , Aug. 2, 2024 /PRNewswire/...
Follow the Money in Metals Recycling - Why the Big Miners Are Jumping In
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - June 20, 2024) - Investorideas.com. a go-to platform for big investing ideas issues the second half of a two -part series looking at metals recycling.
Greenwave Technology Solutions' Scrap App Sets New Daily Record
Greenwave Sees Adoption of Technology and Specifically Artificial Intelligence in the $42.3 Billion U.S. Scrap Metal Industry(1) as Being a Driver for Growth and Competitive Advantage Company Recently Set a New Daily Record for Cars Purchased Through the Scrap App Platform CHESAPEAKE, Va. ,...
Recycling Metal Stocks - The Opportunities and the Players
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - June 18, 2024) - Investorideas.com , a go-to platform for big investing ideas issues the first of a two-part series looking at the opportunities and the players in metals recycling, featuring Greenwave...
Greenwave Technology Solutions Completes Recapitalization
Company Strengthens Balance Sheet by $80.5 Million since February Greenwave Attracts $45.3 Million in New Capital Infusions since March Company's Business Plan Fully Funded with No Current Need for Additional Capital CHESAPEAKE, Va. , June 18, 2024 /PRNewswire/ -- Greenwave...
Greenwave Technology Solutions Regains Full Compliance with Nasdaq Listing Standards
CHESAPEAKE, Va. , June 18, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), an operator of metal recycling facilities in Virginia, North Carolina, and Ohio, today announced that on June 17, 2024, the Company received formal notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company...
Source: https://incomestatements.info
Category: Stock Reports