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GWAV (Greenwave Technology Solutions) Net Margin % : -56.41% (As of Sep. 2024)


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What is Greenwave Technology Solutions Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Greenwave Technology Solutions's Net Income for the three months ended in Sep. 2024 was $-4.80 Mil. Greenwave Technology Solutions's Revenue for the three months ended in Sep. 2024 was $8.51 Mil. Therefore, Greenwave Technology Solutions's net margin for the quarter that ended in Sep. 2024 was -56.41%.

The historical rank and industry rank for Greenwave Technology Solutions's Net Margin % or its related term are showing as below:

GWAV' s Net Margin % Range Over the Past 10 Years
Min: -210142.86   Med: -8937.36   Max: -20.15
Current: -28.57


GWAV's Net Margin % is ranked worse than
87.82% of 238 companies
in the Waste Management industry
Industry Median: 4.12 vs GWAV: -28.57

Greenwave Technology Solutions Net Margin % Historical Data

The historical data trend for Greenwave Technology Solutions's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Greenwave Technology Solutions Net Margin % Chart

Greenwave Technology Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -142,787.50 -210,142.86 -20.15 -103.13 -75.52

Greenwave Technology Solutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -201.56 -46.01 -94.80 92.91 -56.41

Competitive Comparison of Greenwave Technology Solutions's Net Margin %

For the Waste Management subindustry, Greenwave Technology Solutions's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Greenwave Technology Solutions's Net Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Greenwave Technology Solutions's Net Margin % distribution charts can be found below:

* The bar in red indicates where Greenwave Technology Solutions's Net Margin % falls into.



Greenwave Technology Solutions Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Greenwave Technology Solutions's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-26.936/35.668
=-75.52 %

Greenwave Technology Solutions's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-4.798/8.505
=-56.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Greenwave Technology Solutions  (NAS:GWAV) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Greenwave Technology Solutions Net Margin % Related Terms

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Greenwave Technology Solutions Business Description

Traded in Other Exchanges
N/A
Address
4016 Raintree Road, Suite 300, Chesapeake, VA, USA, 23321
Greenwave Technology Solutions Inc through its subsidiary, is an operator of several metal recycling facilities in Virginia and North Carolina. At these facilities, the company is involved in collecting, classifying, and processing raw scrap metal (ferrous and nonferrous) for recycling. The company's products are selling ferrous metal, which is used in the recycling and production of finished steel. It is categorized into heavy melting steel, plate and structural, and shredded scrap. and it also processes nonferrous metals such as aluminum, copper, stainless steel, nickel, brass, titanium, alloys, and mixed metal products.
Executives
Henry Iii Sicignano director 8201 MAIN STREET, SUITE 6, WILLIAMSVILLE NY 14221
Jason T Adelman director 900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Danny Meeks director, other: Chairman of the BOD 1560 BROADWAY, SUITE 17-105, DENVER CO 80202
Ashley Elizabeth Sickles officer: Chief Financial Officer 531 FOXGATE QUARTER, CHESAPEAKE VA 23322
John Bryan Plumlee director 277 SUBURBAN DRIVE, SUFFOLK VA 23434
Howard Jordan officer: Chief Financial Officer 277 SUBURBAN DRIVE, SUFFOLK VA 23434
Cheryl Elizabeth Lanthorn director 277 SUBURBAN DRIVE, SUFFOLK VA 23434
John D. Wood director 520 BUSHNELL DRIVE, VIRGINIA BEACH VA 23451
Isaac Dietrich director, officer: Chief Executive Officer 1624 MARKET STREET, SUITE 201, DENVER CO 80202
Charles Blum director 1505 UPLAND HILLS DRIVE NORTH, UPLAND CA 91784
Jesus Quintero officer: Chief Financial Officer 16860 SOUTHWEST 1ST STREET, PEMBROKE PINES FL 33027
Graham Farrar director 2420 17TH STREET, OFFICE 3118, DENVER CO 80202
Cecil Bond Kyte director 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601
Scott C Kveton officer: Chief Executive Officer 1624 MARKET STREET, SUITE 201, DENVER CO 80202
Osborn Steven Lee Ii officer: Chief Technology Officer 761 SE 65TH PL, HILLSBORO OR 97123