Greenwave Technology Solutions, Inc. (GWAV)

GWAV Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	32.14	33.32	35.67	33.98	8.1	0.01
Revenue Growth (YoY)	-8.50%	-6.59%	4.97%	319.59%	116184.26%	-70.62%
Cost of Revenue	24.9	25.62	24.08	24.92	5.75	0
Gross Profit	7.24	7.69	11.59	9.06	2.35	0.01
Selling, General & Admin	18.4	18.01	15.07	13.38	4.37	1.17
Other Operating Expenses	-	-	-	-	0.02	-
Operating Expenses	29.84	29.18	21.05	17.45	5.27	1.17
Operating Income	-22.59	-21.48	-9.47	-8.38	-2.93	-1.16
Interest Expense	-3.98	-5.36	-8.9	-34.08	-10.56	-5.14
Other Non Operating Income (Expenses)	48.33	45.22	0.73	6.78	-171.04	-170.77
EBT Excluding Unusual Items	21.75	18.37	-17.63	-35.69	-184.53	-177.07
Asset Writedown	-12.78	-12.78	-10.05	-2.5	-	-
Other Unusual Items	-29.53	-29.51	0.74	3.14	182.9	162.36
Pretax Income	-20.52	-23.92	-26.94	-35.04	-1.63	-14.71
Net Income	-20.52	-23.92	-26.94	-35.04	-1.63	-14.71
Preferred Dividends & Other Adjustments	54.13	76.53	6.66	28.82	-4.41	96.91
Net Income to Common	-74.65	-100.45	-33.6	-63.86	2.78	-111.62
Shares Outstanding (Basic)	0	0	-	-	-	-
Shares Outstanding (Diluted)	0	0	-	-	-	-
EPS (Basic)	-347.49	-932.14	-	-	-	-
EPS (Diluted)	-347.49	-932.14	-	-	-	-
Free Cash Flow	-34.09	-33.18	-3.59	-8.55	-2.71	-1.04
Free Cash Flow Per Share	-158.67	-307.88	-	-	-	-
Gross Margin	22.53%	23.09%	32.48%	26.67%	28.97%	81.58%
Operating Margin	-70.29%	-64.49%	-26.54%	-24.67%	-36.15%	-16660.12%
Profit Margin	-232.23%	-301.50%	-94.19%	-187.94%	34.28%	-1602864.55%
Free Cash Flow Margin	-106.04%	-99.58%	-10.08%	-25.15%	-33.41%	-14902.97%
EBITDA	-14.78	-14.15	-3.65	-4.55	-2.04	-1.15
EBITDA Margin	-45.97%	-42.46%	-10.24%	-13.39%	-25.18%	-
D&A For EBITDA	7.82	7.34	5.81	3.83	0.89	0.01
EBIT	-22.59	-21.48	-9.47	-8.38	-2.93	-1.16
EBIT Margin	-70.29%	-64.49%	-26.54%	-24.67%	-36.15%	-
Advertising Expenses	-	0.05	0.41	0.08	0.03	0.06

Updated Apr 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q