Greenwave Technology Solutions, Inc.

Greenwave Technology Solutions, Inc.

GWAVยทNASDAQ

$6.50

-2.1%
IndustrialsWaste Management

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.

At a Glance

Live Snapshot
Market Cap$397.60M
EPS-8.4700
P/E Ratio-0.77
Earnings Date04/13/2026
3Y+594.0%
5Y+860.0%
10Y+451.0%
3Y+20401.0%
5Y-17600.0%
10Y+6424.0%
3Y+520.0%
5Y+1939.0%
10Y+846.0%
GWAV

Greenwave Technology Solutions, Inc. Cash Conversion Engine

GWAV ยท NASDAQ
Net Income-23.92M
Depreciation & Amortization7.66M
Stock-Based Compensation823.50K
Change in Working Capital-7.19M
Others5.37M
Capital Expenditures-15.92M
Free Cash Flow-33.18M

Cash Flow Quality Analysis

FCF Conversion Rate

138.7%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-92.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-823.0%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$7.19M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

Greenwave Technology Solutions, Inc. Cash Flow Statement

GWAV โ€ข NASDAQ

Greenwave Technology Solutions, Inc. Cash Flow StatementDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
OPERATING ACTIVITIES
-23.9M
-26.9M
-35M
-1.6M
-14.7M
-34.3M
-16M
-44.4M
-18M
-8.5M
-2.4M
-1.4M
7.7M
7.5M
3.3M
1.3M
5.1M
45.3K
443.1K
416.3K
19.5K
10.2K
1.8K
342.0
0.0
0.0
0.0
-11.5M
0.0
20.3M
814.9K
1.6M
1.5M
0.0
0.0
0.0
823.5K
171.2K
0.0
166.9K
0.0
222.7K
5.7M
22.1M
7.4M
2.7M
645.7K
1.2M
5.4M
16.6M
25.6M
9.9M
8.4M
10.9M
1.9M
11.4M
2.6M
5.1M
721.4K
0.0
-7.2M
914.9K
3.6M
-782.4K
122.4K
976.9K
807.7K
836.8K
286.6K
263K
790K
1.6K
-17.3M
-1.8M
-2.6M
-2.5M
-1M
-1.8M
-6.4M
-8M
-6.2M
-3.1M
-923K
-127.6K
INVESTING ACTIVITIES
-3.6M
-1.8M
-5.9M
-218.7K
(0.0)
(0.0)
-264.6K
-57.5K
-23.8K
-69K
-14.7K
-2.3K
(0.0)
(0.0)
(0.0)
(141K)
(0.0)
(91K)
(0.0)
-129.3K
-60K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-78K
-60K
-175K
(0.0)
(0.0)
0.0
0.0
0.0
0.0
0.0
91K
0.0
250K
0.0
0.0
0.0
0.0
-12.3M
82.8K
0.0
0.0
0.0
-91K
-260.6K
-300K
-23.8K
-175K
-14.7K
0.0
-15.9M
-1.7M
-5.9M
-77.7K
(0.0)
(91K)
-264.6K
-314.8K
-83.8K
-244K
-14.7K
-2.3K
FINANCING ACTIVITIES
40.4M
2.8M
0.0
-26K
0.0
1.4M
3.3M
2.7M
5M
3.1M
729.9K
150K
-9M
10.2M
2.3M
20.9M
716.5K
692.3K
1.4M
933K
96K
0.0
269.1K
17.1K
-24M
(0.0)
(0.0)
(0.0)
-95.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-4.5K
(0.0)
(0.0)
(0.0)
(0.0)
-26K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
26.8M
-8.8M
4.1M
-4M
95.8M
-1.8M
805.9K
5.5M
1.2M
542.1K
4.6K
83.5K
34.2M
4.2M
6.4M
5.5M
1M
1.7M
5.5M
9.1M
6.3M
3.6M
999.1K
250.6K
CASH FLOW SUMMARY
1M
724.4K
-2.1M
3M
365.0
-28.4K
-1.2M
827.1K
-11.8K
244.4K
61.4K
120.7K
1.5M
821.8K
3M
1.5K
1.1K
29.6K
1.2M
374.5K
386.3K
141.9K
80.5K
0.0
2.6M
1.5M
821.8K
3M
1.5K
1.1K
29.6K
1.2M
374.5K
386.3K
141.9K
120.7K
-33.2M
-3.6M
-8.5M
-2.7M
-1M
-1.8M
-6.7M
-8.1M
-6.2M
-3.2M
-937.6K
-129.9K

SEC Filings

GWAV - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2025

N/A

November 24, 2025
November 21, 2025
2025
8-K

8-K 2025

N/A

November 20, 2025
November 18, 2025
2025
10-Q

10-Q 2025 Q1

Q1

November 19, 2025
March 31, 2025
2025
8-K

8-K 2025

N/A

September 10, 2025
September 09, 2025
2025
8-K

8-K 2025

N/A

August 26, 2025
August 22, 2025
2025
8-K

8-K 2025

N/A

August 25, 2025
August 20, 2025
2025
8-K

8-K 2025

N/A

August 14, 2025
August 13, 2025
2025
DEF 14A

DEF 14A 2024

N/A

July 24, 2025
December 31, 2024
2024
8-K

8-K 2025

N/A

July 14, 2025
July 10, 2025
2025
8-K

8-K 2025

N/A

May 30, 2025
May 23, 2025
2025
Showing 1 to 10 of 251 filings