GWAV Q1 2023 Earnings — Greenwave Technology Solutions, Inc. Revenue & Financial Results | Market Cap Arena

GWAVGreenwave Technology Solutions, Inc.

$3M

Q1 2023 Earnings

Industrials Waste Management

Income Statement

Revenue

$9M-8.8% YoY

Gross Profit

$3M38.2% margin

Operating Income

-$2M-21.4% margin

Net Income

-$4M-44.5% margin

EPS (Diluted)

$-53.87

QoQ Revenue Growth

+50.6%

Cash Flow

Operating Cash Flow

-$203,965

Free Cash Flow

-$916,300

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$44M

Total Liabilities

$32M

Stockholders' Equity

$11M

Cash & Equivalents

$276,085

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9M	$10M	-8.8%
Gross Profit	$3M	$3M	+2.0%
Operating Income	-$2M	-$197,695	-878.9%
Net Income	-$4M	-$5M	+22.2%