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+311.0%
5Y+140455.0%
10Y+15471.0%
3Y+1365.0%
5Y-30.0%
10Y+182.0%
3Y+594.0%
5Y+860.0%
10Y+451.0%
Greenwave Technology Solutions, Inc.

Greenwave Technology Solutions, Inc. Profit Bridge

GWAV ยท NASDAQ
Revenue33.32M
Cost of Goods Sold (27.66M)
Gross Profit5.65M
Operating Expenses (27.14M)
Operating Income-21.48M
Interest Expense (5.36M)
Other Income/Expense-2.43M
Pretax Income-23.92M
Income Tax (0.00)
Net Income-23.92M
Net Income
-23.92M

Profitability Analysis

Gross Margin

17.0%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

-64.5%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-71.8%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Greenwave Technology Solutions, Inc. Income Statement

GWAV โ€ข NASDAQ

Greenwave Technology Solutions, Inc. Income StatementDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
REVENUE
33.3M
35.7M
34M
8.1M
7K
23.7K
19.6K
319.2K
701.6K
214K
9K
705.0
GROSS PROFIT
(27.7M)
(27M)
(25.6M)
(6.1M)
(1.3K)
(3.5K)
(994.0)
(630.0)
(180.4K)
(57.6K)
(690.0)
(0.0)
5.7M
8.7M
8.4M
2M
5.7K
20.2K
18.6K
318.6K
521.2K
156.4K
8.3K
705.0
OPERATING INCOME
(27.1M)
(18.1M)
(16.5M)
(4.5M)
(1.2M)
(2.9M)
(13.3M)
(33.3M)
(14.1M)
(6.3M)
(1.4M)
(1.4M)
(27.1M)
(18.1M)
(16.5M)
(4.5M)
(1.2M)
(2.9M)
(11.6M)
(31.3M)
(14.1M)
(6.3M)
(1.6M)
(1.4M)
-21.5M
-9.5M
-8.2M
-2.5M
-1.2M
-2.9M
-13.9M
-36.8M
-13.6M
-6.1M
-1.6M
-1.4M
PRE-TAX INCOME
(5.4M)
(8.9M)
(34.1M)
(10.6M)
(5.1M)
(4.9M)
(2M)
(659.8K)
(3.8M)
(111.4K)
(8.3K)
(0.0)
-5.4M
-8.9M
-34.1M
-10.6M
-5.1M
-4.9M
-2M
-659.8K
-3.8M
-111.4K
-8.3K
0.0
(0.0)
(0.0)
(0.0)
-18K
(0.0)
(38.5K)
(1.7M)
(2M)
(0.0)
(0.0)
(1.8K)
(0.0)
-2.4M
-17.5M
-26.9M
906.3K
-13.6M
-31.4M
-2.1M
-7.6M
-4.4M
-2.3M
-828.9K
0.0
-23.9M
-26.9M
-35M
-1.6M
-14.7M
-34.3M
-16M
-44.4M
-18M
-8.5M
-2.4M
-1.4M
NET INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1.3M
(0.0)
(0.0)
(0.0)
(4.4K)
(8.3K)
(0.0)
-23.9M
-26.9M
-35M
-1.6M
-14.7M
-34.3M
-16M
-44.4M
-18M
-8.5M
-2.4M
-1.4M

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