Greenwave Technology Solutions, Inc. (GWAV)
| Market Cap | 16.69M |
| Revenue (ttm) | 33.92M |
| Net Income (ttm) | -86.22M |
| Shares Out | 60.79M |
| EPS (ttm) | -14.40 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,366,490 |
| Open | 0.265 |
| Previous Close | 0.266 |
| Day's Range | 0.261 - 0.279 |
| 52-Week Range | 0.040 - 13.760 |
| Beta | 1.30 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 19, 2025 |
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's Margins Expand as Scrap Metal Prices Surge Ahead of Steel and Aluminum Import Tariffs Taking Effect March 12, 2025
Tariffs Taking Effect on all Foreign Steel and Aluminum Imports Without Exception or Exclusion Greenwave Provides 100% Domestically-Sourced Scrap Metal to Nucor, Sims, Cleveland-Cliffs, and Georgia-Pa...
Greenwave Technology Solutions, Inc. Chief Executive Officer Danny Meeks to be Interviewed on Fox Business Network's Varney & Co. Today
CHESAPEAKE, Va. , March 6, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), today announced that its Chairman and Chief Executive Officer, Danny...
Greenwave Technology Solutions, Inc. Selects GreenSpark as Operating System to Drive Rapid Growth
GreenSpark – Backed by BMW i Ventures and Gaining Significant Adoption in the Metal Recycling Sector – is Expected to Power $GWAV's Ambitious 2025 Growth Plans Greenwave Supplies Industry Titans Nucor...
Greenwave Technology Solutions, Inc. Underscores Commitment to Growth and Shareholder Value
President Trump is expected to announce copper tariffs soon – the higher the tariff, the more revenue Greenwave is expected to generate GWAV recently raised revenue guidance to $47-$50 Million for Fis...
BNN Bloomberg Interviews Greenwave Technology Solutions, Inc. Chief Executive Officer Danny Meeks
Greenwave supplies Nucor, Sims Metal, Cleveland-Cliffs, and Georgia-Pacific with100% domestically-sourced recycled metals The Company recently raised revenue guidance to $47-50 Million for Fiscal Year...
Greenwave Technology Solutions, Inc. Chief Executive Officer Danny Meeks to be Interviewed on BNN Bloomberg at 3:05pm EST Today
CHESAPEAKE, Va. , Feb. 18, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), today announced that its Chairman and Chief Executive Officer, Danny...
Greenwave Technology Solutions, Inc. Covered by S&P Global Commodity Insights
Company Recently Raised Revenue Guidance to $47–50 Million for FY 2025 Greenwave's Customers Include Nucor, Sims Metal Management, Cleveland-Cliffs, and Georgia-Pacific Recovery of Rare Earth Metals t...
Greenwave Technology Solutions, Inc. Preparing for Massive Demand Influx Amid 25% Tariffs on Steel and Aluminum Without Exceptions or Exemptions
Company Provides 100% Domestically-Sourced Steel, Aluminum, Copper, and Zorba to Steel Mills Greenwave's Customers Include Nucor, Sims Metal Management, Cleveland-Cliffs, and Georgia-Pacific Prices fo...
Greenwave Technology Solutions, Inc.'s Scrap Metal Inventories Estimated to Surpass $6 Million as Prices Surge, Poised for Further Gains
Company's Scrap Metal Inventories are Estimated to Surpass $6 Million in Current Market Value, Ideally Positioned to Capitalize on Rising Metal Prices Amid Anticipated Tariff Increases Domestic Scrap ...
Greenwave's Scrap App Adopted by a Leading U.S. Junk Car Buyer, Powering Expansion to 27 New Markets
Scrap App Aims to be the #1 Junk Car Platform in the $32 Billion Auto Recycling Industry Company Accelerating Nationwide Expansion, Building on Objective Success in Key Cities Platform Set New Weekly ...
Greenwave Technology Solutions, Inc. Raises Revenue Guidance to $47-$50 Million for FY 2025
Tariffs Expected to Drive 10-20% Revenue Growth on Metal Products with 40-45% Gross Profit Margins Greenwave Supplies 100% Domestically-Sourced Steel, Aluminum, Copper, and Rare-Earth Metals to Indust...
Greenwave Technology Solutions, Inc. Poised for Explosive Growth Amid New Steel, Aluminum, and Copper Tariffs
On January 31, 2025, President Trump Stated he will be Placing Significant Tariffs on Steel, Aluminum, and Copper Tariffs are Expected to Drive Price Increases on Domestically-Sourced Metal Greenwave...
Greenwave Technology Solutions, Inc. Launches AI-Powered Expansion of Scrap App
Scrap App's AI Operator Drives Automation of Quotes, Scheduling, and Customer Support Company Accelerates Nationwide Expansion in 2025, Building on Success in Key Cities Aims to Dominate $32 Billion A...
Greenwave Technology Solutions, Inc. Wins Exclusive Municipal Contract with Virginia Beach
Initial value estimates at over $500,000 in revenues Company secures exclusive operations in Virginia's largest city and industrial hub, home to several military bases, advanced manufacturers, and def...
Greenwave Technology Solutions Announces $4 Million Offering Priced at Market
Company to Accelerate Recovery and Monetization of Rare Earth Metals Transaction Prohibits Short Selling, Optimizes Capital Structure, and Aligns Investors with Long-Term Growth CHESAPEAKE, Va. , Jan....
Greenwave Technology Solutions, Inc. Announces Cancellation of Special Meeting of Stockholders
CHESAPEAKE, Va. , Jan. 8, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), announced today that the Company determined to cancel the January 202...
Greenwave Technology Solutions, Inc. Projects $43-$45 Million Revenue in FY 2025 Driven by Market Expansion, Long-Term Contracts and Industry Demand
Government contracts, including agreements with the U.S. Federal Government, municipalities, and contractors, drive revenue growth Greenwave's customers are industry giants such as Nucor Corporation, ...
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...