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Greenwave Technology Solutions Inc. Common Stock (GWAV)
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Upturn Advisory Summary
12/03/2025: GWAV (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -58.59% | Avg. Invested days 22 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 12/03/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 11.85M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.43 | 52 Weeks Range 0.12 - 1.88 | Updated Date 06/29/2025 |
52 Weeks Range 0.12 - 1.88 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1271.09 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -71.79% | Operating Margin (TTM) -62.62% |
Management Effectiveness
Return on Assets (TTM) -24.53% | Return on Equity (TTM) -147.18% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 24910998 | Price to Sales(TTM) 0.36 |
Enterprise Value 24910998 | Price to Sales(TTM) 0.36 | ||
Enterprise Value to Revenue 0.75 | Enterprise Value to EBITDA 2.71 | Shares Outstanding 61169500 | Shares Floating 44082265 |
Shares Outstanding 61169500 | Shares Floating 44082265 | ||
Percent Insiders 12.82 | Percent Institutions 10.18 |
Upturn AI SWOT
Greenwave Technology Solutions Inc. Common Stock
Company Overview
History and Background
Greenwave Technology Solutions, Inc. (GWAV) operates as a metal recycling company, focusing on the collection, processing, and sale of ferrous and non-ferrous metals. Originally focused on providing network solutions, it transitioned to metal recycling. Founded in 2008.
Core Business Areas
- Metal Recycling: Collecting, processing, and selling ferrous (iron and steel) and non-ferrous (aluminum, copper, brass, stainless steel) metals. Operations include shredding, sorting, and separation.
Leadership and Structure
Danny Mezzalingua serves as the Chief Executive Officer. The company has a small board of directors.
Top Products and Market Share
Key Offerings
- Competitors: Schnitzer Steel Industries (SCHN), Sims Metal Management (SMSMY), Commercial Metals Company (CMC).
- Ferrous Metals: Recycled iron and steel. Market share data for Greenwave is difficult to obtain as the market is highly fragmented and location-specific. Competitors include larger recycling firms like Schnitzer Steel and Sims Metal Management. Revenue is directly tied to fluctuating commodity prices for these metals.
- Competitors: Schnitzer Steel Industries (SCHN), Sims Metal Management (SMSMY), Commercial Metals Company (CMC).
- Non-Ferrous Metals: Recycled aluminum, copper, and other non-ferrous metals. Market share data for Greenwave is difficult to obtain. Competitors include larger recycling firms like Schnitzer Steel and Sims Metal Management. Revenue is directly tied to fluctuating commodity prices for these metals.
Market Dynamics
Industry Overview
The metal recycling industry is highly cyclical and sensitive to economic conditions. Demand is driven by construction, manufacturing, and infrastructure development. Prices are heavily influenced by global supply and demand dynamics.
Positioning
Greenwave is a smaller player in a fragmented industry. Their competitive advantage, if any, lies in local relationships and operational efficiency at their recycling facilities. They face significant competition from larger, more established companies.
Total Addressable Market (TAM)
The global metal recycling market is estimated to be in the hundreds of billions of dollars. Greenwave's market share is relatively small, positioning them to potentially increase market share but also makes them vulnerable to the large players in the market.
Upturn SWOT Analysis
Strengths
- Operational expertise in metal recycling
- Established network for metal collection
Weaknesses
- Small size and limited financial resources
- High dependence on commodity prices
- Significant debt burden
- Negative working capital
Opportunities
- Expansion into new geographic markets
- Acquisition of smaller recycling companies
- Increased demand for recycled metals driven by sustainability initiatives
Threats
- Fluctuations in commodity prices
- Increased competition from larger players
- Changes in environmental regulations
- Economic downturns affecting demand for recycled metals
Competitors and Market Share
Key Competitors
- Schnitzer Steel Industries (SCHN)
- Commercial Metals Company (CMC)
- Sims Metal Management (SMSMY)
Competitive Landscape
Greenwave faces significant disadvantages compared to larger, more established competitors. They lack the scale, financial resources, and brand recognition of companies like Schnitzer Steel and Commercial Metals.
Growth Trajectory and Initiatives
Historical Growth: Growth has been erratic and inconsistent, with periods of revenue growth followed by declines.
Future Projections: Given the company's current financial condition and delisting, future growth projections are highly uncertain.
Recent Initiatives: Recent strategic initiatives have been focused on operational improvements and debt reduction.
Summary
Greenwave Technology Solutions faces substantial challenges. Its small size, dependence on volatile commodity prices, and heavy debt burden pose significant risks. The company has struggled to achieve consistent profitability and has historically faced poor shareholder returns. Successfully navigating the competitive metal recycling market requires substantial improvements in operational efficiency and financial management.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Market analysis
Disclaimers:
This analysis is based on available data and should not be considered financial advice. The metal recycling industry is subject to volatility and risk. Due to its delisting, detailed data is harder to come by. Market Share is best estimated with publicly available data.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Greenwave Technology Solutions Inc. Common Stock
Exchange NASDAQ | Headquaters Chesapeake, VA, United States | ||
IPO Launch date 2016-01-04 | Acting CFO, CEO & Chairman of the Board Mr. Danny Meeks | ||
Sector Industrials | Industry Waste Management | Full time employees 180 | Website https://www.gwav.com |
Full time employees 180 | Website https://www.gwav.com | ||
Greenwave Technology Solutions, Inc., through its subsidiary, Empire Services, Inc., operates metal recycling facilities in Virginia, North Carolina, and Ohio. It operates through three segments: Scrap Metal Recycling, Hauling, and Other. The company collects, classifies, and processes appliances, construction materials, end-of-life vehicles, boats, and industrial machinery. It offers ferrous metal, including heavy melting steel, as well as plate, structural, and shredded scrap for recycling and production of finished steel. In addition, the company processes nonferrous metals, such as aluminum, copper, stainless steel, nickel, brass, titanium, lead, alloys, and mixed metal products; and sells catalytic converters recovered from end-of-life vehicles to processors that extract nonferrous precious metals comprising platinum, palladium, and rhodium. Further, it operates automotive shredders. It serves large corporations, industrial manufacturers, retail customers, and government organizations. Greenwave Technology Solutions, Inc. was founded in 2002 and is headquartered in Chesapeake, Virginia.
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