See more : JPMorgan Global Core Real Assets Limited (JARA.L) 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.
You may be interested
- InterDigital, Inc. (IDCC) Income Statement Analysis – Financial Results
- Sampre Nutritions Limited (SAMPRE.BO) Income Statement Analysis – Financial Results
- Henan Shuanghui Investment & Development Co.,Ltd. (000895.SZ) Income Statement Analysis – Financial Results
- PANJON LTD. (PANJON.BO) Income Statement Analysis – Financial Results
- Sabre Gold Mines Corp. (SGLDD) Income Statement Analysis – Financial Results
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' Downstream Processing System Generates Record Revenues as Copper Hits All Time High
Company's Downstream Processing System Generated Record Revenues in May 2024 Greenwave Reiterates its Confidence in Exceeding Revenue Guidance of $40 million Driven by Both Increased Volume and Higher Prices Copper Prices Hit an All-Time High in May 2024 Due to...
Greenwave Announces Reverse Stock Split to Regain Nasdaq Compliance
Common stock will begin trading on reverse split-adjusted basis on June 3, 2024 CHESAPEAKE, Va. , May 29, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), an operator of metal recycling facilities in Virginia, North...
Greenwave Eliminates All Convertible Debt
Final Conversion of $18 Million in Convertible Debt Occurred Today Greenwave Eliminated an Additional $17.2 Million in Debt Held by Chairman Company Now Has No Convertible Debt or Preferred Shares Outstanding Greenwave Bolsters Balance Sheet with $21.8 Million in Cash...
Why Is Greenwave Technology Solutions (GWAV) Stock Down 60% Today?
Greenwave Technology Solutions (NASDAQ: GWAV ) stock is falling on Tuesday after the metal recycling company announced an offering of its shares. Greenwave Technology Solutions is selling 420,596,154 shares of GWAV stock to certain institutional and accredited investors for $0.052 each.
Meme Stock Profit-Taking: 3 Companies to Sell While You're Ahead
With the return of Keith Gill – the trader best known as “Roaring Kitty” – market speculation surged, yet the potentially short-lived nature of the rally presents a case for meme stocks to sell. To be sure, the explosive rally...
Trending on Reddit: Meme Stock Greenwave Technology (GWAV) Is Up Another 62% Today
Greenwave Technology (NASDAQ: GWAV ) stock just won't stop rallying as it has become a new favorite of traders on Reddit. This marks another day of increased trading for GWAV stock without any relevant news behind the rally.
Why Is Greenwave Technology Solutions (GWAV) Stock Up 91% Today?
Greenwave Technology Solutions (NASDAQ: GWAV ) stock is up on Thursday despite the company announcing the late filing of its Form 10-Q. The company notes that it is unable to file its quarterly report for the quarter ended March 31, 2024...
Greenwave Technology Solutions Expects to Process Record Volumes of Steel and Copper with Revenues Exceeding $40 Million in 2024
Growth Being Driven by Cleveland, OH and Virginia Beach, VA Locations Cashflows and EBITDA to be Accelerated Once its Second American Pulverizer 60x85 Shredder Commencing Operations CHESAPEAKE, Va. , May 9, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or...
Greenwave Technology Solutions' Exchanges All Outstanding Notes Held by its Chief Executive Officer into Equity
Greenwave CEO Exchanges $7.22 Million in Debt into Common Shares at $0.1167/Share Additionally, Company CEO Exchanges $10 Million in Debt into Shares of Series D Preferred CHESAPEAKE, Va. , May 7, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or...
Why Is Greenwave Technology Solutions (GWAV) Stock Up 15% Today?
Greenwave Technology Solutions (NASDAQ: GWAV ) stock is rising higher on Tuesday alongside heavy pre-market trading of the metal recycling company's shares. That has more than 29 million shares of GWAV stock changing hands as of this writing.
Source: https://incomestatements.info
Category: Stock Reports