GWAV: Greenwave Technology Solutions, Inc. - Summary | Jitta

Greenwave Technology Solutions, Inc.

NASDAQ:GWAV

Price
$3.70
Loss Chance
57.9%
1.69JITTA SCORE
100.00%Over Jitta Line
Jitta Ranking
480 / 663
3,078 / 4,228
Grow your money with Jitta Ranking. See details.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (42)
Recent Business Performance (46)
Financial Strength (44)
Return to Shareholders (10)
Competitive Advantage (38)
Jitta Signs
Recent Business PerformanceEarning Growth Last Year
Cash Conversion CycleLess than 30 days
Revenue and EarningEarning loss detected in 2023
Operating MarginDeclined
New Share IssuedMore than 50% in 5 years
CapExVery High
Key Stats
Jitta Score
Jitta Line
1.69
100.00%
4.23
442.88%
Environmental and Facilities Services
6.35
24.23%
4.06
100.00%
7.97
144.21%
COMPANY DESCRIPTION
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 also 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. The company was founded in 2002 and is headquartered in Chesapeake, Virginia.