Greenwave Technology Solutions Past Earnings Performance
Past criteria checks 0/6
Greenwave Technology Solutions has been growing earnings at an average annual rate of 21.7%, while the Commercial Services industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 72% per year.
Key information
21.7%
Earnings growth rate
50.9%
EPS growth rate
| Commercial Services Industry Growth | 8.5% |
| Revenue growth rate | 72.0% |
| Return on equity | n/a |
| Net Margin | -94.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Market Cool On Greenwave Technology Solutions, Inc.'s (NASDAQ:GWAV) Revenues Pushing Shares 40% Lower
Mar 07
Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) Could Be Riskier Than It Looks
Jul 17Greenwave Technology appoints Ashley Sickles as CFO
Sep 19Greenwave Technology to withdraw registration statement on Form S-3
Aug 25Revenue & Expenses BreakdownBeta
How Greenwave Technology Solutions makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 36 | -34 | 15 | 0 |
| 30 Sep 23 | 33 | -37 | 16 | 0 |
| 30 Jun 23 | 32 | -51 | 15 | 0 |
| 31 Mar 23 | 33 | -63 | 15 | 0 |
| 31 Dec 22 | 34 | -64 | 13 | 0 |
| 30 Sep 22 | 36 | -30 | 13 | 0 |
| 30 Jun 22 | 29 | 7 | 9 | 0 |
| 31 Mar 22 | 18 | 45 | 7 | 0 |
| 31 Dec 21 | 8 | 3 | 4 | 0 |
| 30 Sep 21 | 0 | 7 | 2 | 0 |
| 30 Jun 21 | 0 | 72 | 2 | 0 |
| 31 Mar 21 | 0 | -32 | 1 | 0 |
| 31 Dec 20 | 0 | -112 | 1 | 0 |
| 30 Sep 20 | 0 | -158 | 1 | 0 |
| 30 Jun 20 | 0 | -310 | 1 | 0 |
| 31 Mar 20 | 0 | -236 | 1 | 0 |
| 31 Dec 19 | 0 | -110 | 2 | 0 |
| 30 Sep 19 | 0 | -98 | 4 | 0 |
| 30 Jun 19 | 0 | -15 | 7 | 0 |
| 31 Mar 19 | 0 | -12 | 8 | 0 |
| 31 Dec 18 | 0 | -16 | 12 | 0 |
| 30 Sep 18 | 0 | -31 | 13 | 0 |
| 30 Jun 18 | 0 | -34 | 16 | 0 |
| 31 Mar 18 | 0 | -42 | 26 | 0 |
| 31 Dec 17 | 0 | -44 | 28 | 0 |
| 30 Sep 17 | 0 | -36 | 32 | 0 |
| 30 Jun 17 | 0 | -32 | 26 | 0 |
| 31 Mar 17 | 1 | -23 | 17 | 0 |
| 31 Dec 16 | 1 | -18 | 12 | 0 |
| 30 Sep 16 | 1 | -13 | 7 | 0 |
| 30 Jun 16 | 1 | -11 | 7 | 0 |
| 31 Mar 16 | 0 | -11 | 6 | 0 |
| 31 Dec 15 | 0 | -8 | 5 | 0 |
| 30 Sep 15 | 0 | -5 | 3 | 0 |
| 30 Jun 15 | 0 | -4 | 2 | 0 |
| 31 Mar 15 | 0 | -2 | 1 | 0 |
| 31 Dec 14 | 0 | -2 | 1 | 0 |
| 30 Sep 14 | 0 | -3 | 3 | 0 |
| 31 Dec 13 | 0 | -1 | 1 | 0 |
Quality Earnings: GWAV is currently unprofitable.
Growing Profit Margin: GWAV is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GWAV is unprofitable, but has reduced losses over the past 5 years at a rate of 21.7% per year.
Accelerating Growth: Unable to compare GWAV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GWAV is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-7.5%).
Return on Equity
High ROE: GWAV's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.