# GREENWAVE TECHNOLOGY SOLUTIONS, INC. (GWAV) · Edgar & Edgarette company card

> Greenwave Technology Solutions (GWAV) grew revenue 40.1% in FY2025 to $47 million, operating margin -42.5% against a 5.0% median for metals service centers & of fices, equity 47.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1589149 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/GWAV) · [JSON](https://www.pops4.com/boards/company/GWAV.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $47M |
| Revenue growth, 1 year | 40.1% |
| Revenue growth per year | 54.9% |
| Operating margin | -42.5% (prior year -102.8%) |
| Net margin | -46.3% |
| Operating cash flow | −$6M |
| Capital spending | — |
| Free cash flow | — |
| Cash | — |
| Long-term debt | $6M |
| Total assets | $55M |
| Total equity | $26M |
| Equity ÷ assets | 47.0% |
| Return on equity | -83.3% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -34.44 (distress zone)
- Piotroski F: 2 of 9 (weak)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed late annual report notice, late quarterly report notice in the last 12 months; operating cash flow was negative; operating loss: a margin of -42.5% in FY2025; revenue is hard to predict: its 80% range is ±78%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $46.7M (FY2025), total debt $5.8M. Experience: revenue up 40.1% on the year, up 54.9% a year over 4 years; operating margin -42.5%, up from -102.8%. Soundness: equity 47.0% of assets, return on equity -83.3%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $20.6M and $163.1M next year (method v4.1: its own 4-year record of growth weighed at 50% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $17.9M to $188.9M. A statistical range, not company guidance. Against peers (43 filers, $50M+ revenue, its industry group): operating margin -42.5% against a 5.0% median; growth 40.1% against 4.3%.

Range logged 2026-09-24, receipt 5578102c34ffacc1, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item NT 10-K Late annual report notice: 1, latest 2026-03-31 ([filing](https://www.sec.gov/Archives/edgar/data/1589149/000149315226014122/0001493152-26-014122-index.htm))
- Item 3.01 Exchange listing notice or transfer: 3, latest 2026-05-27 ([filing](https://www.sec.gov/Archives/edgar/data/1589149/000149315226025454/0001493152-26-025454-index.htm))
- Item NT 10-Q Late quarterly report notice: 3, latest 2026-08-14 ([filing](https://www.sec.gov/Archives/edgar/data/1589149/000149315226038518/0001493152-26-038518-index.htm))
- Item 5.02 Director or officer change: 1, latest 2026-02-10 ([filing](https://www.sec.gov/Archives/edgar/data/1589149/000149315226005974/0001493152-26-005974-index.htm))

## Recent filings

- 8-K · filed 2026-10-23 · 5.08 Shareholder Nominations Pursuant to Rule 14a-11; 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1589149/000149315226048288/0001493152-26-048288-index.htm)
- S-1 · filed 2026-09-18 · [filing](https://www.sec.gov/Archives/edgar/data/1589149/000149315226043414/0001493152-26-043414-index.htm)
- 8-K · filed 2026-09-11 · 3.02 Unregistered Sales of Equity Securities; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1589149/000149315226042431/0001493152-26-042431-index.htm)
- 8-K · filed 2026-09-08 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1589149/000149315226041650/0001493152-26-041650-index.htm)
- 8-K · filed 2026-08-27 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1589149/000149315226040419/0001493152-26-040419-index.htm)
- 10-Q · filed 2026-08-18 · [filing](https://www.sec.gov/Archives/edgar/data/1589149/000149315226038992/0001493152-26-038992-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001589149.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1589149

## Cite

POPS4, Edgar & Edgarette: GREENWAVE TECHNOLOGY SOLUTIONS, INC. (GWAV) company card, from the company's own SEC filings, accessed 2026-11-05, https://www.pops4.com/boards/company/GWAV. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.