Greenwave Technology Solutions, Inc. (GWAV)
| Market Cap | 13.25M |
| Revenue (ttm) | 33.92M |
| Net Income (ttm) | -86.22M |
| Shares Out | 22.38M |
| EPS (ttm) | -14.40 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,419,119 |
| Open | 0.620 |
| Previous Close | 0.642 |
| Day's Range | 0.574 - 0.657 |
| 52-Week Range | 0.285 - 154.500 |
| Beta | 1.61 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 15, 2024 |
About GWAV
Greenwave Technology Solutions, Inc., through its subsidiary, Empire Services, Inc., operates metal recycling facilities in Virginia, North Carolina, and Ohio. The company recycling facilities collect, classify, and process raw scrap metals, including ferrous and nonferrous. It is also involved in the purchase and sale of scrap metals; and operation of automotive shredders. In addition, the company process aluminum, copper, stainless steel, nickel, brass, titanium, lead, alloys, and mixed metal products; and sells catalytic converters recovered... [Read more]
Financial Performance
In 2023, GWAV's revenue was $35.67 million, an increase of 4.97% compared to the previous year's $33.98 million. Losses were -$33.60 million, -47.39% less than in 2022.
Financial StatementsNews
Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) Accelerates Rare-Earth Metal Recovery Amid Global Supply Disruptions
On December 3, 2024, China banned the export of gallium, germanium, and antimony to the United States – vital minerals utilized in the production of semiconductors, solar panels, and electric car batt...
Greenwave Technology Solutions, Inc. (Nasdaq:GWAV) Issues Chairman's Letter
Insiders made open market purchases of more than 500,000 GWAV shares in December 2024 Company has increased shareholders' equity by approximately $51 million in 2024 Greenwave continues to prioritize ...
Greenwave Technology Solutions, Inc. Wins Exclusive Government Contract for Metal Recycling Valued at Approximately $2 Million
Greenwave to recycle 550,000 pounds of non-ferrous metal, estimated to increase Q4 2024 and Q1 2025 revenues by approximately $2 million Leveraging municipal, state, and federal agreements further est...
Greenwave Technology Solutions, Inc. Awarded Contract Valued at $15 - $35 Million with Core Tree Care, Inc. for Hurricane Helene Recovery Services
CHESAPEAKE, Va. , Dec. 9, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV), a leader in sustainable metal recycling across Virginia, North Carolina, and Ohio, is on track to ge...
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 Carolin...
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 ...
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, Nor...
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 m...
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 Cas...
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 ...
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...
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 op...
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 Ad...
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 Carolin...
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...
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") (Nasd...
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 Out...
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. , ...
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, 202...
Greenwave Technology Solutions Further Strengthens its Balance Sheet
Company has improved its balance sheet by $27 million over the past 90 days Chairman and CEO has converted all $17.22 million of his debt into equity Company bolsters balance sheet with $5.25 million ...
Greenwave Technology Solutions Regains Compliance with Nasdaq Market Value of Listed Securities Requirement
Nasdaq Grants Company 180 Day Extension to Regain Compliance with $1.00 Minimum Bid Price Requirement CHESAPEAKE, Va. , April 4, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" ...
Greenwave Technology Solutions Strengthens Balance Sheet by Approximately $14.87 Million
Company Believes it Has Regained Compliance with Nasdaq's Shareholder Equity Requirement CHESAPEAKE, Va. , April 1, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Compa...
Greenwave Technology Solutions' Scrap App Launches A.I. Features to Scale and Grow into New Markets
Greenwave is One of the First Companies to Utilize Artificial Intelligence in the $42.3 Billion U.S. Scrap Metal Industry(1) ScrapApp.com has Launched A.I.-Powered Systems to Optimize Pricing and Sale...
Greenwave Technology Solutions' Second Shredder Currently Being Connected to Power Grid by Dominion Energy Ahead of Schedule
The second shredder is expected to boost annual revenues by approximately $4.8 million, with significant increase to gross profit Second shredder on track to be connected to power grid by March 29, 2...
Greenwave Technology Solutions Successfully Restructures Debt to Facilitate Continued Growth
Company Not Required to Make Cash Payments on Senior Secured Notes until July 31, 2024 Quarterly-Cash Covenants Waived until September 30, 2024 Greenwave's Second American Pulverizer 60x85 Shredder Ex...