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Upturn AI SWOT - About
Greenwave Technology Solutions Inc. Common Stock (GWAV)
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Upturn Advisory Summary
10/15/2025: 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 10/15/2025 |
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. (formerly known as MassRoots, Inc.) has undergone several transformations. Originally founded in 2013 as a technology platform for the cannabis industry, it pivoted to scrap metal recycling in recent years. Key milestones include the initial cannabis tech focus, subsequent name changes, and strategic shifts towards metals recycling.
Core Business Areas
- Scrap Metal Recycling: Greenwave Technology Solutions Inc. primarily focuses on purchasing, processing, and selling ferrous and non-ferrous scrap metal. This includes sorting, shredding, and preparing the metal for sale to mills and foundries.
Leadership and Structure
Danny Mezzalingua serves as the Chief Executive Officer. The company operates with a relatively lean organizational structure, focused on streamlining operations and expanding recycling capacity. Publicly traded company with a board of directors.
Top Products and Market Share
Key Offerings
- Ferrous Scrap Metal: Ferrous scrap metal constitutes a significant portion of Greenwave's revenue. Market share data is fragmented in the overall scrap metal industry. Competitors include larger recycling companies like Sims Metal Management (SMSMY), Schnitzer Steel Industries (SCHN), and local scrap yards.
- Non-Ferrous Scrap Metal: Non-ferrous metals, such as aluminum and copper, also contribute to revenue. Market share data is fragmented, same as ferrous. Competitors include larger recycling companies like Sims Metal Management (SMSMY), Schnitzer Steel Industries (SCHN), and local scrap yards.
Market Dynamics
Industry Overview
The scrap metal recycling industry is highly fragmented and cyclical, driven by global demand for raw materials, economic conditions, and government regulations. There is growing emphasis on sustainable practices and resource recovery.
Positioning
Greenwave Technology Solutions Inc. positions itself as a growth-oriented company focused on expanding its recycling operations and increasing market share through acquisitions and organic growth.
Total Addressable Market (TAM)
The global scrap metal recycling market is estimated to be worth hundreds of billions of dollars. Greenwave Technology Solutions Inc. is a small player with a tiny market share relative to the TAM, seeking to grow its presence.
Upturn SWOT Analysis
Strengths
- Strategic location of recycling facilities
- Focus on expanding recycling capacity
- Potential for organic growth
- Acquisition strategy for growth
Weaknesses
- Small size relative to competitors
- Dependence on commodity prices
- History of pivoting business strategy
- High debt levels
Opportunities
- Increasing demand for recycled materials
- Government incentives for recycling
- Potential for acquisitions of smaller recycling businesses
- Technological advancements in recycling processes
Threats
- Fluctuations in commodity prices
- Increased competition from larger players
- Economic downturns reducing scrap metal supply
- Changes in environmental regulations
Competitors and Market Share
Key Competitors
- SMSMY
- SCHN
Competitive Landscape
Greenwave Technology Solutions Inc. faces intense competition from larger, more established players in the scrap metal recycling industry. Its competitive advantage lies in its strategic locations and potential for agile growth, but it is disadvantaged by its smaller scale and financial constraints.
Major Acquisitions
Empire Services, Inc.
- Year: 2022
- Acquisition Price (USD millions): 7.2
- Strategic Rationale: Expanded the company's scrap metal processing and recycling capabilities in the Southeastern United States.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been inconsistent, with periods of rapid change and strategic shifts. Recent growth is driven by scrap metal recycling operations.
Future Projections: Analyst estimates are limited due to the company's small size and volatility. Future growth depends on successful execution of its expansion strategy and favorable commodity prices.
Recent Initiatives: Recent initiatives include acquiring more recycling facilities, expanding capacity at existing facilities, and seeking operational efficiencies.
Summary
Greenwave Technology Solutions is a small player in the scrap metal recycling industry undergoing a transformation. While it has potential for growth through acquisitions and increasing capacity, it faces significant challenges, including strong competition, dependence on commodity prices, and a history of financial struggles. Its recent focus on metal recycling presents an opportunity, but its high debt and volatile stock make it a high-risk investment. Investors should monitor its financials closely for sustainable growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings (EDGAR)
- Company Press Releases
- Industry Reports
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market share estimates are approximate.
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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