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Greenwave Technology Solutions NasdaqCM:GWAV Stock Report

Last Price

US$0.59

Market Cap

US$14.4m

7D

-15.5%

1Y

-99.2%

Updated

20 Dec, 2024

Data

Company Financials

Greenwave Technology Solutions, Inc.

NasdaqCM:GWAV Stock Report

Market Cap: US$14.4m

GWAV Stock Overview

Through its subsidiary, Empire Services, Inc., operates metal recycling facilities in Virginia, North Carolina, and Ohio. More details

GWAV fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Greenwave Technology Solutions, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Greenwave Technology Solutions
Historical stock prices
Current Share PriceUS$0.59
52 Week HighUS$154.50
52 Week LowUS$0.28
Beta1.61
1 Month Change102.60%
3 Month Change46.22%
1 Year Change-99.24%
3 Year Change-99.97%
5 Year Change-99.69%
Change since IPO-100.00%

Recent News & Updates

Take Care Before Jumping Onto Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) Even Though It's 71% Cheaper

Aug 15
Take Care Before Jumping Onto Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) Even Though It's 71% Cheaper

Recent updates

Take Care Before Jumping Onto Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) Even Though It's 71% Cheaper

Aug 15
Take Care Before Jumping Onto Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) Even Though It's 71% Cheaper

Market Cool On Greenwave Technology Solutions, Inc.'s (NASDAQ:GWAV) Revenues Pushing Shares 40% Lower

Mar 07
Market Cool On Greenwave Technology Solutions, Inc.'s (NASDAQ:GWAV) Revenues Pushing Shares 40% Lower

Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) Could Be Riskier Than It Looks

Jul 17
Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) Could Be Riskier Than It Looks

Greenwave Technology appoints Ashley Sickles as CFO

Sep 19

Greenwave Technology to withdraw registration statement on Form S-3

Aug 25

Shareholder Returns

GWAVUS Commercial ServicesUS Market
7D-15.5%-4.8%-2.4%
1Y-99.2%20.2%23.3%

Return vs Industry: GWAV underperformed the US Commercial Services industry which returned 20.3% over the past year.

Return vs Market: GWAV underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is GWAV's price volatile compared to industry and market?
GWAV volatility
GWAV Average Weekly Movement25.6%
Commercial Services Industry Average Movement8.4%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: GWAV's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: GWAV's weekly volatility has decreased from 33% to 26% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2002167Danny Meekswww.gwav.com

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.

Greenwave Technology Solutions, Inc. Fundamentals Summary

How do Greenwave Technology Solutions's earnings and revenue compare to its market cap?
GWAV fundamental statistics
Market capUS$14.36m
Earnings (TTM)-US$86.22m
Revenue (TTM)US$33.92m

0.4x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GWAV income statement (TTM)
RevenueUS$33.92m
Cost of RevenueUS$25.93m
Gross ProfitUS$7.99m
Other ExpensesUS$94.20m
Earnings-US$86.22m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.85
Gross Margin23.54%
Net Profit Margin-254.20%
Debt/Equity Ratio14.4%

How did GWAV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 12:37
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Greenwave Technology Solutions, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James McIlreeChardan Capital Markets, LLC
Ajay TandonSeeThruEquity, LLC