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BALCAO · INDUSTRIAL ORGANIC CHEMICALS · SMALL CAP

Greenway Technologies, Inc. & Subsidiaries GWTI

14 fiscal years on record · USD · FY2025 reported · SEC filings only
$-2.0M

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

In brief

What this company does

We are engaged in the research and development of proprietary gas-to-liquids (“GTL”) synthesis gas (“Syngas”) conversion systems and micro-plants that can be scaled to meet specific gas field production requirements. Our patented and proprietary technologies have been realized in our first commercial G-ReformerTM unit (“G-Reformer”), a unique component used to convert natural gas into Syngas, which when combined with a Fischer-Tropsch (“FT”) reactor and catalyst, produces fuels including gasoline, diesel, jet fuel, methanol and other high-value chemicals. G-Reformer units can be deployed to process a variety of natural gas streams including pipeline gas, associated gas, flared gas, vented gas, coal-bed methane and/or biomass gas. Our Company’s objective is to become a material direct and licensed producer of renewable GTL synthesized gasoline, diesel, jet fuel, high-value chemicals, methanol and hydrogen, with a near-term focus on U.S. market opportunities. GIE owns patents and trade secrets for proprietary technology to convert natural gas into Syngas. As of the filing date of this Form 10-K, we have four (4) full-time employees.

Written from the business description in Greenway Technologies, Inc. & Subsidiaries's annual report to the U.S. Securities and Exchange Commission, filed 15 April 2026. Every sentence was checked against that document before publication.

Growth

·
Revenue, FY2025 · full 14-year series below
Revenue $M Net income $M
FY2014 · Revenue 0.0 · Net income -4.4
-2M-4M
201220152018202120242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

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

·
Operating margin Net margin
FY2014 · Operating -10005.6%
-5000%-10000%
201220182025
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2014 · FCF -1.3
-0.5M-1.0M
201220182025
Net buybacks $M Dividends $M
FY2017 · Dividends · · Net buybacks -2.1
-1M-2M
20162017

Total assetsUSD 46,753.00
EquityUSD -14.1M
CashUSD 850.00
Current ratio0.00×

Equity funds -30126% of total assets.

The 14-year record

14 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—not applicable◌not available in our data
GWTI, 14-year financial record
Metric 20252024202320222021202020192018201720162015201420132012
Revenue $B◌◌◌◌◌◌◌◌◌◌◌0.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
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◌◌0.00.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B◌◌◌◌◌◌◌◌◌◌◌−0.0−0.00.0
EPS, diluted $0.000.000.000.00−0.01−0.01−0.01−0.01−0.03−0.01◌−0.01−0.01−0.02
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend——————————————
ROE % — not applicable: negative equity——————————————
Shares out B0.460.430.400.380.360.340.300.29◌0.000.180.150.130.13

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 55 reconciliationsAUDITED

Reconciled in 14 of the 14 fiscal years we could check. 10 checks were skipped: the balance sheet is not tagged before 2012. Five checks were skipped: EPS is not tagged before 2012. Five checks were skipped: revenue is not tagged before 2012.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityIndustrial Organic Chemicals
Listed onOTC market
Incorporated inTexas
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2012

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