Greenwave Technology Solutions (GWAV) Revenue Growth

Price: $0.2259
Market Cap: $13.73M
Avg Volume: 3.67M
Country: US
Industry: Waste Management
Sector: Industrials
Beta: 0.885
52W Range: $0.22-44.55
Website: Greenwave Technology Solutions

What is Greenwave Technology Solutions's Revenue Growth?

  • Greenwave Technology Solutions's annual revenue growth as of FY 2023 is 4.97%.
  • Greenwave Technology Solutions's quarterly revenue growth as of Q3 2024 is 7.91%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess Greenwave Technology Solutions's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $35.67M
    • Quarterly: $8.51M
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $21.18M
    • Quarterly: $6.75M
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: -1.64%
    • Quarterly Growth: 20.49%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $14.48M
    • Quarterly: $1.76M
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: 16.42%
    • Quarterly Growth: -22.94%

These metrics provide insights into Greenwave Technology Solutions's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

4.97%

Quarterly Revenue Growth

7.91%

Historical Annual Revenue Growth
120000.00%120000.00%90000.00%90000.00%60000.00%60000.00%30000.00%30000.00%0.00%0.00%-30000.00%-30000.00%Revenue Growth (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue Growth
50.58%50.58%34.19%34.19%17.80%17.80%1.41%1.41%-14.97%-14.97%-31.36%-31.36%Revenue Growth (Quarterly)Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '24
Historical Annual Revenue
$36.00M$36.00M$27.00M$27.00M$18.00M$18.00M$9.00M$9.00M$0.00$0.00Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue
$12.00M$12.00M$9.00M$9.00M$6.00M$6.00M$3.00M$3.00M$0.00$0.00-$3.00M-$3.00MRevenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Cost of Revenue
$25.00M$25.00M$20.00M$20.00M$15.00M$15.00M$10.00M$10.00M$5.00M$5.00M$0.00$0.00Cost of Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Cost of Revenue
$1.00T$1.00T$800.00B$800.00B$600.00B$600.00B$400.00B$400.00B$200.00B$200.00B$0.00$0.00Cost of Revenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Gross Profit
$16.00M$16.00M$12.00M$12.00M$8.00M$8.00M$4.00M$4.00M$0.00$0.00Gross Profit (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Gross Profit
$200.00B$200.00B$0.00$0.00-$200.00B-$200.00B-$400.00B-$400.00B-$600.00B-$600.00B-$800.00B-$800.00B-$1.00T-$1.00TGross Profit (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024

Greenwave Technology Solutions Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2023 $35.67M 4.97% $21.18M -1.64% $14.48M 16.42%
2022 $33.98M 319.59% $21.54M 311.14% $12.44M 335.06%
2021 $8.10M 116184.26% $5.24M 408199.45% $2.86M 50235.40%
2020 $6.96K -70.62% $1.28K -63.65% $5.68K -71.84%
2019 $23.70K 20.95% $3.53K 255.13% $20.17K 8.44%
2018 $19.60K -93.86% $994 57.78% $18.60K -94.16%
2017 $319.24K -54.50% $630 -99.65% $318.61K -38.86%
2016 $701.58K 227.90% $180.43K 213.18% $521.15K 233.32%
2015 $213.96K 2269.47% $57.61K 8249.42% $156.35K 1774.72%
2014 $9.03K 1180.85% $690 0.00% $8.34K 1082.98%

Related Metrics

Explore detailed financial metrics and analysis for GWAV.