Greenwave Technology Solutions, Inc.

NASDAQ•GWAV

CEO: Mr. Danny Meeks

Sector: Industrials

Industry: Waste Management

Listing Date: 2015-04-09

Greenwave Technology Solutions, Inc., through its subsidiary, Empire Services, Inc., operates metal recycling facilities in Virginia, North Carolina, and Ohio. The company recycling facilities collect, classify, and process raw scrap metals, including ferrous and nonferrous. It is also involved in the purchase and sale of scrap metals; and operation of automotive shredders. In addition, the company process aluminum, copper, stainless steel, nickel, brass, titanium, lead, alloys, and mixed metal products; and sells catalytic converters recovered from end-of-life vehicles to processors that extracts nonferrous precious metals comprising platinum, palladium, and rhodium. It serves large corporations, industrial manufacturers, retail customers, and government organizations. The company was formerly known as MassRoots, Inc and changed its name to Greenwave Technology Solutions, Inc. in October 2021. Greenwave Technology Solutions, Inc. was founded in 2002 and is headquartered in Chesapeake, Virginia.

Contact Information

4016 Raintree Road, Suite 300, Chesapeake, VA, 23321, United States

800-490-5020

www.gwav.com

Market Cap

$3.19M

P/E (TTM)

-0.1

440.2

Dividend Yield

52W High

$36.30

52W Low

$3.30

52W Range

Rank53Top 76.1%

2.8

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 2.8 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$12.68M+0.00%

4-Quarter Trend

EPS

-$8.89+0.00%

4-Quarter Trend

FCF

-$3.67M+0.00%

4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Revenue Growth Nine month revenue reached $31.050M, showing strong 24.74% increase driven by metal and hauling segments.

Net Loss Significantly Reduced Nine month net loss improved substantially, decreasing 78.24% to $17.861M due to lower operating expenses.

Quarterly Revenue Surges Three month revenue surged 49.04% to $12.676M, driven by higher metal sales and increased hauling activity.

Operating Expenses Controlled Nine month operating expenses fell $2.754M, decreasing 10.88% due to reduced stock compensation and consulting costs.

Risk Factors

Going Concern Doubt Raised Substantial doubt exists regarding ability to continue as going concern based on $5.860M cash used in operating activities.

Working Capital Deficit Current working capital deficit reached $(13.715M) as of September 30, 2025, impacting short-term liquidity needs.

Nasdaq Listing Compliance Issues Company faced multiple delinquency notices regarding late 2025 10-Q filings, risking potential security delisting.

Payroll Tax Liabilities Owed Payroll tax liabilities, including penalties, total $3.946M owed to federal and state taxing authorities currently.

Outlook

New CFO Appointment Effective New CFO Chelsea Pullano appointed February 2026, providing strategic oversight and certification of required SEC filings.

Facility Expansion Priority Corporate priority remains opening port/rail access facility to expand potential buyer base and increase revenue profitability.

Capital Raising Dilution Risk Future capital raises via equity risk significant stockholder dilution; debt financing may impose restrictive operational covenants.

Scrap Metal Industry Focus Continued focus on scrap metal recycling and hauling services, optimizing processing technology to maximize metal product value.

Peer Comparison

Revenue (TTM)

ULCC

$3.72B

-1.4%

JELD

$3.21B

-14.9%

TITN

$2.55B

-8.9%

Gross Margin (Latest Quarter)

GSL

51.0%

-1.4pp

ULCC

46.5%

+18.8pp

ASLE

34.1%

+1.5pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
NVRI	$1.45B	-8.5	-48.8%	66.7%
GSL	$1.33B	3.2	24.8%	24.1%
PLPC	$1.28B	36.5	7.7%	7.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

14.6%

Steady Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

25%

Cash Flow Needs Attention

Deep Research

Next earnings:Apr 13, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data