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MARKETS / NASDAQ / GWAV
NASDAQ · WHOLESALE-METALS SERVICE CENTERS & OF FICES · SMALL CAP

Greenwave Technology Solutions, Inc. GWAV

12 fiscal years on record · USD · FY2025 reported · SEC filings only
$46.7M
▲ 40.1% YoY
$-21.6M
In brief

What this company does

On September 30, 2021, we closed our acquisition of Empire Services, Inc. ("Empire"), which operates 13 metal recycling facilities in Virginia, North Carolina, and Ohio. Upon the acquisition of Empire, we transitioned into the scrap metal industry which involves collecting, classifying and processing appliances, construction material, end-of-life vehicles, boats, and industrial machinery. Empire is headquartered in Chesapeake, Virginia and employs 172 people as of June 12, 2026. Our main product is selling ferrous metal, which is used in the recycling and production of finished steel.

Written from the business description in Greenwave Technology Solutions, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 June 2026. Every sentence was checked against that document before publication.

Growth
USD 46.7M
Revenue, FY2025 · full 12-year series below
Revenue $M Net income $M
FY2025 · Revenue 46.7 · Net income -21.6
20M40M-20M-40M2014201620182020202220242025
Compound annual growth
+11.2%
+482.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +482.4% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−46 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -42.5% · Net -46.3%
-100000%-200000%2014201620182020202220242025
ROE
FY2025 · ROE -68.7%
-200%-400%2014201620182020202220242025

Each USD of equity lost 69 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2023 · FCF -3.6
-4M-8M2014201620182020202220242025
Net buybacks $M Dividends $M
FY2019 · Dividends 28.9 · Net buybacks —
10M20M2019

Total assetsUSD 55.2M
EquityUSD 25.9M
Gross debtUSD 13.0M
Current ratio0.21×

Equity funds 47% of total assets.

The 12-year record
12 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014
Revenue $B0.00.00.00.00.00.00.00.00.0···
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0··
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0··
Income tax $B·0.00.0·········
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B··−0.0−0.0−0.0··−0.0····
EPS, diluted $−41.21−601.70−385.81−9.710.36−23.99−0.19−0.10−0.46−0.34−0.19−0.17
Dividend / sh $············
Payout %······−84·····
ROE %−68.7−147.2−495.0·········
Shares out B0.000.000.000.010.000.000.380.170.110.070.050.04

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 54 reconciliationsAUDITED

Reconciled in 12 of 19 fiscal years. 39 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityWholesale-Metals Service Centers & of fices
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2014

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