$6.50
-2.1%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.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
GWAV โข NASDAQ
| Greenwave Technology Solutions, Inc. Cash Flow Statement | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 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 |
GWAV - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
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