GREENWAVE TECHNOLOGY SOLUTIONS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $46.7M | $33.3M | $35.7M | $34.0M | $8.1M | $7.0K | $23.7K | $19.6K |
| Cost of Revenue | $34.8M | $20.3M | $21.2M | $21.5M | $5.2M | $1.3K | — | $994 |
| Gross Profit | $11.9M | $13.0M | $14.5M | $12.4M | $2.9M | $5.7K | — | $18.6K |
| Gross Margin | 25.4% | 39.0% | 40.6% | 36.6% | 35.3% | 81.6% | — | 94.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | $13.9M |
| Operating Income | $-19.8M | $-34.3M | $-19.5M | $-10.9M | $-2.9M | $-1.2M | $-3.4M | $-13.9M |
| Operating Margin | -42.5% | -102.8% | -54.7% | -32.0% | -36.2% | -16,660.1% | -14,535.9% | -70,850.2% |
| Interest Expense | — | — | $8.9M | $34.1M | $10.6M | $5.1M | $4.9M | $2.0M |
| Pretax Income | $-21.6M | $-23.9M | $-26.9M | $-35.0M | $-1.6M | $-14.7M | $-34.3M | $-16.0M |
| Income Tax Expense | — | $0 | $0 | — | — | — | — | — |
| Net Income | $-21.6M | $-23.9M | $-26.9M | $-35.0M | $-1.6M | $-14.7M | $-34.3M | $-16.0M |
| Net Margin | -46.3% | -71.8% | -75.5% | -103.1% | -20.2% | -211,235.8% | -144,576.3% | -81,729.0% |
| EPS (Basic) | $-41.25 | $-932.14 | $-385.81 | $-9.71 | $0.57 | $-23.99 | $-0.10 | $-0.05 |
| EPS (Diluted) | $-41.21 | $-601.70 | $-385.81 | $-9.71 | $0.36 | $-23.99 | $-0.10 | $-0.05 |
| Shares Outstanding (Basic) | 596.4K | 11.9M | 13.1M | 6.6M | 4.8M | 1.39B | 1.15B | 337.4M |
| Shares Outstanding (Diluted) | 596.4K | 11.9M | 13.1M | 6.6M | 8.2M | 1.39B | 1.15B | 337.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |