)
Greenwave Technology Solutions (GWAV) investor relations material
Greenwave Technology Solutions Q1 24/25 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Transitioned from technology platform to metal recycling, operating 13 facilities in VA, NC, and OH, with expansion into hauling services and a focus on maximizing metal value through advanced processing.
Main revenue streams are ferrous and nonferrous metal sales, with significant customer concentration and exposure to market price fluctuations.
Financial highlights
Revenue for Q1 2025 was $7.33M, down 13.8% year-over-year, mainly due to lower metal revenues.
Gross profit increased 6.8% to $3.49M, driven by improved margins in hauling and metal segments.
Operating expenses rose 21.3% to $7.37M, reflecting higher payroll, advertising, depreciation, and maintenance costs.
Net loss available to common stockholders was $7.67M, a significant improvement from $33.46M loss in Q1 2024.
Cash on hand at March 31, 2025 was $5.5M, with a working capital deficit of $7.48M.
Outlook and guidance
Management highlights substantial doubt about the ability to continue as a going concern due to ongoing losses and working capital deficit.
Plans to seek additional capital through equity or debt, but acknowledges potential dilution and restrictive covenants.
Next Greenwave Technology Solutions earnings date
Next Greenwave Technology Solutions earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage