Greenwave Technology Solutions, Inc.
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Isaac Dietrich
- Full Time Employees
- 3
- Sector
- Healthcare
- Industry
- Medical - Healthcare Information Services
- Address
- 7083 Hollywood Boulevard Los Angeles CA United States of America 80202
- IPO Date
- Apr 9, 2015
- CIK
- 0001589149
- Website
- massroots.com
- Similar Companies
- Business
- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) operates metal recycling facilities through its wholly owned subsidiary Empire Services, Inc., focusing on the collection, classification, processing, and sale of ferrous and nonferrous scrap metals in Virginia, North Carolina, and Ohio. The company offers ferrous metals including heavy melting steel, plate and structural scrap, and shredded scrap for recycling into finished steel; nonferrous metals such as aluminum, copper, stainless steel, nickel, brass, titanium, lead, alloys, and mixed products; catalytic converters recovered from end-of-life vehicles for extraction of precious metals like platinum, palladium, and rhodium; and hauling services, with operations supported by automotive shredders and a digital platform, ScrapApp.com, for direct purchases of junk cars from individuals. It serves large corporations such as Nucor Corporation, Sims Metal Management, and Cleveland-Cliffs Inc., industrial manufacturers, retail customers, municipalities, and government organizations including U.S. Federal Government contracts. Founded in 2002 and headquartered in Chesapeake, Virginia, Greenwave manages 13 facilities and employs approximately 167 people. Recent developments include the acquisition of real estate for seven core facilities from CEO Danny Meeks in late 2024, reducing annual rent by $1.7 million; a $15-35 million hurricane recovery contract through March 2026 with Core Tree Care under a U.S. Army Corps of Engineers prime award; a $4 million preferred stock offering in January 2025; projection of $43-45 million in fiscal 2025 revenue driven by domestic sales rising to 75% amid steel tariffs; reduction of liabilities by 64% or $32.56 million in the first nine months of 2024; and record weekly revenues from ScrapApp.com in mid-2024 following its launch in Greenville, North Carolina.
ZipRecruiter (NYSE:ZIP) and MassRoots (OTCMKTS:MSRT) Head-To-Head Contrast
Greenwave Technology Solutions Issues Chairman's Letter
MassRoots Announces Plan to Adopt New Corporate Name “Greenwave Technology Solutions, Inc.”
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MassRoots Closes Acquisition of Empire Services, Inc.
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MassRoots Appoints Danny Meeks as Chairman of Its Board of Directors
MassRoots Issues Update on Its Expected Acquisition of Empire Services, Inc. and Plans to Uplist to a National Exchange
MassRoots Amends its Certificate of Incorporation to Proceed with Acquisition of Empire Services, Inc.
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MassRoots Launches New Website
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