Greenwave Technology Solutions, Inc.
Financial highlights
| Metric | FY 12/31/24 | FY 12/02/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $33.3M | — | $35.7M | $34.0M | $8.1M |
| Cost of revenue | $20.3M | — | $21.2M | $21.5M | $5.2M |
| Gross profit | $13.0M | — | $14.5M | $12.4M | $2.9M |
| Operating expenses | $47.3M | — | $34.0M | $23.3M | $5.8M |
| Operating income | -$34.3M | — | -$19.5M | -$10.9M | -$2.9M |
| Interest expense | $5.4M | — | $8.9M | $34.1M | $10.6M |
| Pretax income | -$23.9M | — | -$26.9M | -$35.0M | -$1.6M |
| Income tax expense | $0 | — | $0 | — | — |
| Net income | -$23.9M | — | -$26.9M | -$35.0M | -$1.6M |
| Balance Sheet | |||||
| Current assets | $7.6M | — | $2.7M | $1.2M | $3.3M |
| Total assets | $63.1M | — | $46.4M | $41.5M | $38.2M |
| Current liabilities | $21.1M | — | $40.5M | $19.0M | $59.5M |
| Total liabilities | $26.1M | — | $50.9M | $26.1M | $61.5M |
| Total debt | — | $3.0M | — | $1.8M | — |
| Stockholders' equity | $37.0M | — | -$4.5M | $15.3M | -$23.3M |
| Cash Flow Statement | |||||
| Cash from operations | -$17.3M | — | -$1.8M | -$2.6M | -$2.5M |
| Depreciation and amortization | $7.3M | — | $5.8M | $3.8M | $888,781 |
| Stock-based compensation | $823,500 | — | $0 | $0 | $166,855 |
| Capital expenditure | — | — | $1.8M | $5.9M | $218,693 |
| Free cash flow | — | — | -$3.6M | -$8.5M | -$2.7M |
| Impairments | $439,086 | — | $197,458 | $227,185 | $388,877 |
Shares outstanding 829.6K
Annual filing data through FY ended December 31, 2024; float as of July 14, 2026.