GWAV - Greenwave Technology Solutions, Inc. Stock Price, Fair Value and News

0.07USD0.00 (0.00%)Market Closed

Market Summary

USD0.070.00

Market Closed

0.00%

GWAV Stock Price

View Fullscreen

GWAV RSI Chart

GWAV Valuation

Market Cap

2.0M

Price/Earnings (Trailing)

-0.08

Price/Sales (Trailing)

0.06

EV/EBITDA

-0.17

Price/Free Cashflow

-0.57

GWAV Price/Sales (Trailing)

GWAV Profitability

Operating Margin

40.61%

EBT Margin

-75.52%

Return on Equity

604.74%

Return on Assets

-58.04%

Free Cashflow Yield

-176.56%

GWAV Fundamentals

GWAV Revenue

Revenue (TTM)

35.7M

Rev. Growth (Yr)

50.29%

Rev. Growth (Qtr)

10.32%

GWAV Earnings

Earnings (TTM)

-26.9M

Earnings Growth (Yr)

41.95%

Earnings Growth (Qtr)

74.82%

Breaking Down GWAV Revenue

Last 7 days

-41.7%

Last 30 days

-50%

Last 90 days

-91.9%

Trailing 12 Months

-91.9%

How does GWAV drawdown profile look like?

GWAV Financial Health

Current Ratio

0.12

Debt/Equity

-0.02

Debt/Cashflow

-16.96

GWAV Investor Care

Shares Dilution (1Y)

54.75%

Diluted EPS (TTM)

-2.49

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	33.1M	31.8M	32.6M	35.7M
2022	14.6M	21.0M	27.5M	34.0M
2021	5.4M	0	0	8.1M
2020	0	0	21.6K	2.7M
2019	22.5K	38.6K	35.5K	23.7K
2018	244.3K	169.4K	94.5K	19.6K
2017	606.0K	510.4K	414.8K	319.2K
2016	823.9K	796.5K	944.6K	701.6K
2015	0	0	0	796.5K
2014	0	0	0	0
2013	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Greenwave Technology Solutions, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 22, 2024	meeks danny	acquired	7,218,350	0.1167	61,853,900	chief executive officer
Jul 28, 2023	meeks danny	acquired	-	-	1,013,500	chief executive officer
Nov 23, 2022	meeks danny	bought	130	1.3	100	chief executive officer
Nov 21, 2022	meeks danny	bought	1,278	1.42	900	chief executive officer
Nov 21, 2022	meeks danny	bought	8,888	1.29759	6,850	chief executive officer
Nov 18, 2022	meeks danny	bought	27,324	1.04391	26,175	chief executive officer
Aug 18, 2022	plumlee john bryan	bought	3,275	3.275	1,000	-
Aug 15, 2022	plumlee john bryan	bought	3,540	3.54	1,000	-
Jul 22, 2022	meeks danny	acquired	-	-	870,976	chief executive officer

Which funds bought or sold GWAV recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	-1.00	-	-%
Apr 12, 2024	AdvisorNet Financial, Inc	unchanged	-	-1.00	-	-%
Apr 05, 2024	CWM, LLC	unchanged	-	-8,000	2,000	-%
Mar 11, 2024	VANGUARD GROUP INC	added	36.55	1,524	12,835	-%
Feb 26, 2024	Virtu Financial LLC	new	-	7,000	7,000	-%
Feb 16, 2024	HARBOUR INVESTMENTS, INC.	unchanged	-	-	1.00	-%
Feb 15, 2024	Main Street Group, LTD	new	-	11.00	11.00	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	unchanged	-	-6.00	29.00	-%
Feb 14, 2024	Arena Investors LP	unchanged	-	546,195,000	546,856,000	2.88%
Feb 14, 2024	SABBY MANAGEMENT, LLC	added	124	18,185,000	39,286,000	0.04%

Are Funds Buying or Selling GWAV?

Are funds buying GWAV calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GWAV

No. of Funds

Unveiling Greenwave Technology Solutions, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 25, 2024	reda joseph	119%	3,500,000	SC 13G
Feb 14, 2024	anson funds management lp	7.5%	1,249,200	SC 13G
Feb 14, 2024	arena investors lp	5.9%	972,708	SC 13G/A

Recent SEC filings of Greenwave Technology Solutions, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	SC 13G/A	Major Ownership Report
Apr 24, 2024	4	Insider Trading
Apr 23, 2024	424B5	Prospectus Filed
Apr 22, 2024	8-K	Current Report
Apr 16, 2024	10-K	Annual Report
Apr 11, 2024	DEF 14A	DEF 14A
Apr 04, 2024	8-K	Current Report
Apr 02, 2024	8-K/A	Current Report
Apr 01, 2024	PRE 14A	PRE 14A
Apr 01, 2024	NT 10-K	NT 10-K

Peers (Alternatives to Greenwave Technology Solutions, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	101.2B	18.6B	0.54%	16.87%	28.45	5.45	7.76%	13.08%
CTAS	67.5B	9.4B	4.99%	51.27%	44.88	7.17	9.34%	15.98%
CPRT	53.1B	4.1B	-3.43%	43.35%	39.17	13.09	10.52%	25.37%
EFX	28.0B	5.4B	-13.11%	13.93%	50.15	5.23	5.76%	-4.95%
BAH	18.9B	10.3B	-1.11%	54.68%	46.13	1.83	13.90%	-5.05%
ALLE	10.9B	3.6B	-6.38%	16.13%	20.25	3.02	4.33%	10.65%
MID-CAP
RHI	7.4B	6.4B	-8.82%	-0.04%	18.07	1.16	-11.68%	-37.51%
AL	5.7B	2.7B	2.50%	33.81%	9.32	2.13	15.87%	733.47%
SRCL	4.6B	2.6B	-11.83%	10.13%	-237.52	1.75	-3.11%	-123.81%
ABM	2.8B	8.2B	1.37%	8.46%	10.9	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	-4.31%	99.08%	21.53	0.69	104.63%	175.67%
ALTG	375.6M	1.9B	-10.76%	-16.91%	42.2	0.2	19.40%	-4.30%
ARC	117.2M	281.2M	-0.36%	-8.97%	14.23	0.42	-1.68%	-25.77%
AQMS	56.0M	1.1M	-5.66%	-56.14%	-2.34	49.78	336.95%	-55.13%
AWX	8.6M	80.5M	-2.22%	-18.12%	-4.77	0.11	-0.82%	-207.00%

Greenwave Technology Solutions, Inc. News

Latest updates

Greenwave Technology Solutions, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q1	2020Q4	2020Q3	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2	2018Q1	2017Q4
Revenue	10.3%	9,026,338	8,181,948	9,416,274	9,043,422	6,005,813	7,347,223	10,704,151	9,921,238	7,441,508	4,961,777	2,482,047	2,316	45.00	909	18,366	4,383	11,854	4,014	2,237	16,175	30,112
Cost Of Revenue	4.7%	5,499,347	5,251,001	6,117,420	4,316,811	4,379,865	4,862,334	6,638,393	5,656,980	5,238,185	297	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	20.3%	3,526,991	2,930,947	3,298,854	4,726,611	1,625,948	2,484,889	4,065,758	4,264,258	2,858,191	1,230	-49,543	-	-	-	-	-	-	-	-	-	-
Operating Expenses	-66.3%	5,530,743	16,416,504	5,389,131	6,661,787	8,053,258	5,779,051	5,029,513	4,461,953	4,589,463	302,978	469,535	208,238	585,019	1,122,617	793,004	968,498	1,963,059	3,914,253	2,892,255	-	-
S&GA Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	968,498	1,963,060	3,914,253	2,892,255	5,134,544	9,807,242
EBITDA Margin	78.1%	-0.34	-1.57	-1.47	-0.89	-0.91	0.07	0.48	3.41	1.21	-0.74	-3.51	-2,257	-	-	-	-	-	-	-	-	-
Interest Expenses	-41.0%	2,167,053	3,672,861	891,849	2,165,504	-33,256,425	688,570	13,171,392	19,405,677	8,967,162	570,148	1,532,111	1,602,204	2,798,487	1,546,805	351,391	238,787	1,116,983	456,155	-	-	-
Earnings Before Taxes	74.8%	-4,153,233	-16,492,020	-2,265,062	-4,025,675	-7,155,132	-8,577,535	-14,135,147	-5,175,475	-12,496,570	-26,055,097	32,692,499	64,679,222	-7,898,159	-23,550,345	-1,356,408	-1,496,499	-3,068,188	-4,526,991	-2,938,014	-5,483,248	-
EBT Margin	17.6%	-0.76	-0.92	-0.69	-1.02	-1.03	-1.47	-1.54	1.32	-0.20	-1.63	-5.42	-2,555	-	-	-	-	-	-	-	-	-
Net Income	74.8%	-4,153,233	-16,492,020	-2,265,062	-4,025,675	-7,155,132	-8,577,535	-14,135,147	-5,175,475	-12,496,570	-26,055,097	32,692,499	64,679,222	-7,898,159	-23,550,345	-1,356,408	-1,496,499	-3,068,188	-4,526,991	-2,938,014	-5,483,248	-
Net Income Margin	17.6%	-0.76	-0.92	-0.69	-1.02	-1.03	-1.47	-1.54	1.32	-0.20	-1.63	-5.42	-2,555	-	-	-	-	-	-	-	-	-
Free Cashflow	116.3%	639,603	-3,935,220	1,324,011	-916,300	-2,966,136	-3,750,479	-913,056	-915,529	-2,095,211	-223,808	-319,048	-222,785	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2	2018Q1
Assets	-3.4%	46,412	48,064	42,367	43,804	41,468	40,226	38,549	37,472	38,178	25,467	12,757	47.00	99.00	219	339	459	562	569	1,281	1,272	2,443
Current Assets	4.5%	2,690	2,574	1,331	1,184	1,240	2,997	1,696	2,610	3,339	1.00	48.00	47.00	99.00	3.00	19.00	27.00	51.00	44.00	35.00	132	1,226
Cash Equivalents	-100.0%	-	1,449	375	276	822	1,568	1,040	1,790	2,958	1.00	1.00	204*	1.00	1.00	3.00	2.00	485*	30.00	11.00	16.00	675
Inventory	36.6%	200	147	120	493	190	718	503	729	381	-	-	-	-	-	-	-	-	-	-	-	-
Net PPE	-4.0%	23,495	24,471	17,666	17,751	13,168	7,810	6,018	3,893	2,905	-	-	-	-	-	3.00	4.00	6.00	7.00	40.00	44.00	47.00
Goodwill	-	-	-	-	-	-	2,500	2,500	2,500	2,500	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities	5.2%	50,866	48,372	33,320	32,492	26,131	17,733	51,448	36,236	61,526	17,669	24,591	63,407	37,832	36,872	-	8,492	7,958	7,405	5,525	4,087	2,688
Current Liabilities	23.9%	23,269	18,781	23,695	22,505	19,013	13,628	49,518	34,860	59,470	17,541	24,531	63,297	37,722	36,872	24,919	8,492	7,958	7,405	5,525	4,087	2,688
Shareholder's Equity	-Infinity%	-4,454	-	9,047	11,312	15,338	22,493	-	1,236	-23,348	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	-1.1%	-395,866	-391,712	-368,559	-366,294	-362,269	-356,567	-317,720	-303,585	-298,409	-325,120	-324,596	-348,379	-301,185	-189,562	-175,232	-87,938	-82,271	-80,775	-77,707	-73,180	-70,242
Additional Paid-In Capital	0.0%	391,395	391,389	377,595	377,595	377,596	379,049	304,818	304,818	275,058	7,238	298,648	286,859	284,421	151,364	149,075	79,701	74,694	73,770	73,301	-	-
Accumulated Depreciation	-	5,256	-	-	-	2,546	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	6.8%	16,964	15,881	11,251	11,251	10,962	8,696	3,340	3,340	3,332	4,685	4,684	4,652	1,661	-	-	-	-	-	-	-	-
Float	-	-	-	6,590	-	-	-	11,926	-	-	-	26,769	-	-	-	-	2,573	-	-	-	22,363	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	119.7%	754	-3,821	1,438	-203	-541	-2,633	512	54.00	-2,096	-4.61	-160	-225	-320	-224	-383	-109	-408	-556	-546	-286	-705
Share Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10.00	26.00	-	187	207
Cashflow From Investing	86.6%	-100	-751	-114	-712	-2,251	-1,136	-1,425	-1,121	-	-	-	-	-	-	-	-	-2*	-	-	-32.50	-40.48
Cashflow From Financing	-109.9%	-556	5,647	-1,225	371	2,047	4,299	163	-100	5,132	4.00	161	224	322	225	383	109	406	467	515	290	764

GWAV Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenues	$ 35,667,982	$ 33,978,425
Cost of Revenues	21,184,579	21,537,572
Gross Profit	14,483,403	12,440,853
Operating Expenses:
Advertising	414,194	83,993
Payroll and related expense	6,634,800	6,991,095
Rent, utilities and property maintenance	3,102,484	3,464,516
Hauling and equipment maintenance	2,898,202	3,378,452
Impairment of intangible assets		2,499,753
Depreciation and amortization expense	5,814,880	4,061,404
Consulting, accounting and legal	1,713,613	897,981
Loss on asset (related-party and other of $9,850,850 and $197,458, respectively)	10,048,308
Common stock issued for services	171,239
Other general and administrative expenses	3,200,445	1,946,580
Total Operating Expenses	33,998,165	23,323,774
Loss From Operations	(19,514,762)	(10,882,921)
Other Income (Expense):
Interest expense and amortization of debt discount	(8,897,267)	(34,079,230)
Other gain (loss)	17,572	(79,231)
Gain on tax credit	717,064
Gain on lease termination	108,863
Change in fair value of derivative liabilities		14,264,476
Warrant expense for liquidated damages settlements		(7,408,681)
Gain on conversion of convertible notes		2,625,378
Gain (loss) on settlement of convertible notes payable and accrued interest, warrants and accounts payable and cancelation of common shares in exchange for Series Y and Series Z preferred shares and cash	632,540	516,920
Total Other Income (Expense)	(7,421,228)	(24,160,368)
Net Loss Before Income Taxes	(26,935,990)	(35,043,290)
Provision for Income Taxes (Benefit)
Net Loss	(26,935,990)	(35,043,290)
Deemed dividend for the reduction of exercise price of warrants	(1,638,952)
Deemed dividend for the reduction of the conversion price of a debt note	(5,022,200)
Deemed dividend for Series Z price protection trigger upon uplisting		(7,237,572)
Deemed dividend for triggering of warrant price protection upon uplisting		(21,115,910)
Deemed dividend for repricing of certain warrants for liquidated damages waiver		(462,556)
Net Loss Available to Common Stockholders	$ (33,597,142)	$ (63,859,328)
Net Loss Per Common Share:
Basic	$ (2.57)	$ (9.71)
Diluted	$ (2.57)	$ (9.71)
Weighted Average Common Shares Outstanding:
Basic	13,062,290	6,577,303
Diluted	13,062,290	6,577,303

GWAV Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash	$ 1,546,159	$ 821,804
Inventories	200,428	189,646
Accounts receivable	646,413	215,256
Prepaid expenses	296,761	12,838
Total current assets	2,689,761	1,239,544
Property and equipment, net	23,495,440	13,167,535
Advance for asset		1,193,380
Operating lease right of use assets, net	302,380	3,009,946
Security deposit	31,893	6,893
Total assets	46,411,849	41,468,173
Current liabilities:
Bank overdraft	118,763
Accounts payable and accrued expenses	6,100,449	5,035,330
Accrued payroll and related expenses	4,089,836	3,946,411
Contract liabilities		25,000
Factoring, net of unamortized debt discount of $- and $1,221,022, respectively		4,893,207
Non-convertible notes payable, current portion, net of unamortized debt discount of $774,308 and $500,250, respectively	2,623,561	1,820,819
Convertible notes payable, current portion, net of unamortized debt discount of $3,934,506 and $-, respectively	8,065,494
Operating lease obligations, current portion	200,971
Total current liabilities	23,269,476	19,012,924
Operating lease obligations, less current portion	94,943	116,262
Convertible notes payable, net of unamortized debt discount of $1,967,253 and $-, respectively	4,032,747
Non-convertible notes payable, net of unamortized debt discount of $1,739,260 and $1,965,113, respectively	6,250,481	7,001,422
Total liabilities	50,865,997	26,130,608
Commitments and contingencies (See Note 11)
Stockholders’ equity (deficit):
Common stock, $0.001 par value, 1,200,000,000 and 500,000,000 shares authorized; 16,964,336 and 10,962,319 shares issued and outstanding, respectively	16,964	10,962
Additional paid in capital	391,395,045	377,595,618
Accumulated deficit	(395,866,157)	(362,269,015)
Total stockholders’ equity (deficit)	(4,454,148)	15,337,565
Total liabilities and stockholders’ equity (deficit)	46,411,849	41,468,173
Series Z Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock, value
License [Member]
Current assets:
Finite lived intangible assets, net	16,487,350	18,614,750
Intellectual Property [Member]
Current assets:
Finite lived intangible assets, net	1,669,800	2,277,000
Customer List [Member]
Current assets:
Finite lived intangible assets, net	1,735,225	1,959,125
Related Party [Member]
Current assets:
Operating lease right of use assets, net	103,822	2,419,338
Current liabilities:
Due to related parties	2,070,402	317,781
Operating lease obligations, current portion	111,240	2,742,140
Related party note payable	17,218,350
Nonrelated Party [Member]
Current assets:
Operating lease right of use assets, net	198,558	590,608
Current liabilities:
Operating lease obligations, current portion	$ 89,731	$ 232,236

About Greenwave Technology Solutions, Inc.

Greenwave Technology Solutions, Inc., through its subsidiary, operates metal recycling facilities in Virginia, Ohio, and North Carolina. The company, through its 11 metal recycling facilities, collects, classifies, and processes raw scrap ferrous and nonferrous metals for recycling iron, steel, aluminum, copper, lead, stainless steel, and zinc. It is involved in the purchasing and selling processed and unprocessed scrap metals to steel mills and other purchasers. The company was formerly known as MassRoots, Inc and changed its name to Greenwave Technology Solutions, Inc. in October 2021. The company was founded in 2002 and is headquartered in Chesapeake, Virginia.

CEO	Mr. Danny Meeks
WEBSITE	greenwavetechnologysolutions.com
INDUSTRY	Information Technology Services
EMPLOYEES	144

Greenwave Technology Solutions, Inc. Frequently Asked Questions

What is the ticker symbol for Greenwave Technology Solutions, Inc.? What does GWAV stand for in stocks?

GWAV is the stock ticker symbol of Greenwave Technology Solutions, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Greenwave Technology Solutions, Inc. (GWAV)?

As of Thu Apr 25 2024, market cap of Greenwave Technology Solutions, Inc. is 2.04 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GWAV stock?

You can check GWAV's fair value in chart for subscribers.

What is the fair value of GWAV stock?

You can check GWAV's fair value in chart for subscribers. The fair value of Greenwave Technology Solutions, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Greenwave Technology Solutions, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GWAV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Greenwave Technology Solutions, Inc. a good stock to buy?

The fair value guage provides a quick view whether GWAV is over valued or under valued. Whether Greenwave Technology Solutions, Inc. is cheap or expensive depends on the assumptions which impact Greenwave Technology Solutions, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GWAV.

What is Greenwave Technology Solutions, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, GWAV's PE ratio (Price to Earnings) is -0.08 and Price to Sales (PS) ratio is 0.06. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GWAV PE ratio will change depending on the future growth rate expectations of investors.