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GWAV US​

Greenwave Technology Solutions, Inc.(GWAV US)

$2.29-0.104.39%Ext:$2.86+0.5725.08%(Market Closed · 23:56:15 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Greenwave Technology Solutions, Inc. — Company Profile

Greenwave Technology Solutions, Inc., operating primarily through its subsidiary Empire Services, Inc., oversees a network of eleven metal recycling facilities situated across Virginia and North Carolina. The company's core operations encompass the collection, sorting, and processing of various raw ferrous and nonferrous scrap metals—such as iron, steel, aluminum, copper, lead, stainless steel, and zinc—all prepared for recycling. Furthermore, Greenwave is engaged in the procurement and sale of both refined and unrefined scrap materials, supplying them to steel mills and other industrial buyers. Established in 2002, the firm, which rebranded from MassRoots, Inc. in October 2021, maintains its corporate headquarters in Suffolk, Virginia.

Sector
Materials
Industry
Metals & Mining
Exchange
UQ
CEO
Danny Meeks
Headquarters
Chesapeake, VA, US
IPO Date
Apr 9, 2015
Employees
172
Website
www.gwav.com

Key Metrics

Price
$2.50
Market Cap
$2.07M
Revenue (TTM)
$46.66M
Net Income (TTM)
$-21596628.00
EPS (TTM)
-41.25
P/E (TTM)
-0.10
P/B (TTM)
0.08
Dividend Yield
0.00%
ROE (TTM)
-83.27%
ROA (TTM)
-39.15%
Operating Margin
-42.91%
Beta
0.84

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Greenwave Technology Solutions, Inc., operating primarily through its subsidiary Empire Services, Inc., oversees a network of eleven metal recycling facilities situated across Virginia and North Carolina. The company's core operations encompass the collection, sorting, and processing of various raw ferrous and nonferrous scrap metals—such as iron, steel, aluminum, copper, lead, stainless steel, and zinc—all prepared for recycling. Furthermore, Greenwave is engaged in the procurement and sale of both refined and unrefined scrap materials, supplying them to steel mills and other industrial buyers. Established in 2002, the firm, which rebranded from MassRoots, Inc. in October 2021, maintains its corporate headquarters in Suffolk, Virginia.

Website
www.gwav.com
Location
Chesapeake, VA, US
Phone757 966 1432
Employees172
CEODanny Meeks
Sector
Materials
Industry
Metals & Mining
IPO DateApr 9, 2015

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Latest Documents

SEC Filings(529)

Expand
  • 8-KShareholder Nominations Pursuant to Exchange Act Rule 14a-1123 Oct
  • 424B3Prospectus filing (Rule 424(b)(3))29 Sep
  • EFFECTNotice of effectiveness29 Sep
  • DRule 506(b) provides a "safer harbor" for a private offering24 Sep
  • DEL AMDelisting application21 Sep
  • S-1Registration statement (general form)18 Sep
  • 8-KUnregistered Sales of Equity Securities11 Sep
  • 4Statement of changes in beneficial ownership9 Sep
  • 8-KEntry into a Material Definitive Agreement8 Sep
  • 8-KEntry into a Material Definitive Agreement27 Aug
  • 10-QQ2ended 30 Jun 202618 Aug
  • NT 10-QQ2ended 30 Jun 202614 Aug
  • 10-QQ1ended 31 Mar 202629 Jul
  • 10-KFY 2025ended 31 Dec 202512 Jun
  • 8-KNotice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing27 May
  • NT 10-QQ1ended 31 Mar 202615 May
  • 8-KNotice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing22 Apr
  • NT 10-KFY 2025ended 31 Dec 202531 Mar
  • 10-QQ3ended 30 Sept 20256 Mar
  • SC 13G/AGreenwave Technology Solutions, Inc.13 Feb

News

  • Head-To-Head Comparison: American Rebel (NASDAQ:AREB) and Greenwave Technology Solutions (NASDAQ:GWAV)13 Oct
  • Head-To-Head Contrast: Greenwave Technology Solutions (NASDAQ:GWAV) & Cimpress (NASDAQ:CMPR)18 Sep

Mentions in Filings

  • … as a member of the board of directors of Trio-Tech International, a global semiconductor services company, and Oblong, Inc., a leader in next generation collaboration technologies. He served as a member of <strong>Greenwave Technology Solutions, Inc.</strong>’s board of directors from August 2023 to April 2025. Prior to founding Burnham Hill Capital Group, LLC in 2003, Mr. Adelman served as Managing Director of Investment Banking at H.C. Wainwright and Co., Inc. …
    FullPAC, Inc.Greenwave Technology Solutions, Inc.·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·9 Oct
  • … as a member of the board of directors of Trio-Tech International, a global semiconductor services company, and Oblong, Inc., a leader in next generation collaboration technologies. He served as a member of <strong>Greenwave Technology Solutions, Inc.</strong>’s board of directors from August 2023 to April 2025. Prior to founding Burnham Hill Capital Group, LLC in 2003, Mr. Adelman served as Managing Director of Investment Banking at H.C. Wainwright and Co., Inc. …
    FullPAC, Inc.Greenwave Technology Solutions, Inc.·S-1/A - Registration statement (general form, amendment)·Q3 26·18 Sep
  • … 2013 to April 2025, Mr. Dietrich was pivotal in closing $100 million through the sale of equity instruments while handling financial reporting, corporate communications, and exchange compliance matters for <strong>Greenwave Technology Solutions, Inc.</strong> (“Greenwave”), a metal recycling company which generated $33 million in 2024 revenue, and for which he served as Chief Financial Officer from April 2023 to April 2025. Mr. Dietrich previously held the foll …
    FullPAC, Inc.Greenwave Technology Solutions, Inc.·S-1/A - Registration statement (general form, amendment)·Q3 26·27 Aug
  • … as a member of the board of directors of Trio-Tech International, a global semiconductor services company, and Oblong, Inc., a leader in next generation collaboration technologies. He served as a member of <strong>Greenwave Technology Solutions, Inc.</strong>’s board of directors from August 2023 to April 2025. Prior to founding Burnham Hill Capital Group, LLC in 2003, Mr. Adelman served as Managing Director of Investment Banking at H.C. Wainwright and Co., Inc. …
    FullPAC, Inc.Greenwave Technology Solutions, Inc.·S-1/A - Registration statement (general form, amendment)·Q3 26·29 Jul
  • … 2013 to April 2025, Mr. Dietrich was pivotal in closing $100 million through the sale of equity instruments while handling financial reporting, corporate communications, and exchange compliance matters for <strong>Greenwave Technology Solutions, Inc.</strong> (“Greenwave”), a metal recycling company which generated $33 million in 2024 revenue, and for which he served as Chief Financial Officer from April 2023 to April 2025. Mr. Dietrich previously held the foll …
    FullPAC, Inc.Greenwave Technology Solutions, Inc.·S-1/A - Registration statement (general form, amendment)·Q3 26·14 Jul
  • … 2013 to April 2025, Mr. Dietrich was pivotal in closing $100 million through the sale of equity instruments while handling financial reporting, corporate communications, and exchange compliance matters for <strong>Greenwave Technology Solutions, Inc.</strong> (“Greenwave”), a metal recycling company which generated $33 million in 2024 revenue, and for which he served as Chief Financial Officer from April 2023 to April 2025. Mr. Dietrich previously held the foll …
    FullPAC, Inc.Greenwave Technology Solutions, Inc.·S-1 - Registration statement (general form)·Q2 26·2 Jun

Key Stats

Trading

Px/Chg 1D$2.50 / +8.23%
Avg Volume11.52K
Beta0.84
Mkt Cap2.07M
FD Mkt Cap3.92M

Float

Shrs Out/Float829.63K / 798.39K
Short Float0.03%
Days to Cover1.00
Stock Repurchased$0.00

Current Valuation

EV9.28M
EV/EBITDA-0.98
EV/Sales0.20
P/B0.08
P/S0.04
FCF Yield-31.94%
ROE-83.27%
ROA-39.15%
Current Ratio0.21

Estimates

P/E-0.10
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '22May '23May '24Nov '25Oct '26
PRICE-BASED RATIOS
Price / Earnings-894.12-1,826.54-2,632.36-8.22-3.17-0.31
Price / Sales618.33368.202,714.866.212.270.13
Price / Book Value1,167.83-127.716,014.43-49.722.050.08
Price / Free Cash Flow-2,392.82-1,101.92-10,795.15-61.62-2.28-3.13
ENTERPRISE VALUE METRICS
Enterprise Value19,121.72,989.392,262.7258.589.09.3
Enterprise Value / Sales619.00369.142,715.337.252.670.59
Enterprise Value / EBITDA3,413.63292.6616,810.41-24.43-8.17-2.31
Enterprise Value / EBIT-19,077.60334.77-95,702.20-14.33-4.80-1.47

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue54.9%8.134.035.733.346.7
Gross Income42.7%2.912.414.513.011.9
EBITDA—10.25.5-10.6-10.9-10.8
EBIT—8.9-1.0-18.0-18.6-20.0
Net Income90.7%-1.6-35.0-26.9-23.9-21.6
EPS (Diluted)—50.85-9.71-385.81-8.47-41.21
BALANCE SHEET
Cash & ST Inv-25%3.00.81.52.60.9
Total Assets9.6%38.241.546.463.155.2
Total Liabilities-17%61.526.150.926.129.2
Total Shareholder Equity—-23.315.3-4.537.025.9
CASH FLOW
Net Operating Cash Flow24.5%-2.5-2.6-1.8-17.3-6.0
Cap Ex75.4%-0.2-5.9-1.8-15.9-2.1
Free Cash Flow31.3%-2.7-8.5-3.6-33.2-8.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)2.29
Basic Shares0.83
Market Cap1.9
Diluted Shares0.60
Fully Diluted Shares Outstanding0.60
Fully Diluted Market Cap1.4
+Consolidated Debt8.1
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-0.9
−Short-term Investments-
+Total Preferred0.0
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value9.1

Segment data

Revenue

by Products and services

  • Scrap Metal Recycling70%
  • Hauling29%
  • Other0%

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