Name | Value |
---|---|
Revenues | 7.9M |
Cost of Revenue | 5.6M |
Gross Profit | 2.3M |
Operating Expense | 5.6M |
Operating I/L | -9.0M |
Other Income/Expense | 16.3M |
Interest Income | 0.0M |
Pretax | 7.3M |
Income Tax Expense | 0.0M |
Net Income/Loss | 7.3M |
Greenwave Technology Solutions, Inc., through its subsidiary, Empire Services, Inc., operates 11 metal recycling facilities in Virginia and North Carolina. The company collects, classifies, and processes raw scrap ferrous and nonferrous metals, including iron, steel, aluminum, copper, lead, stainless steel, and zinc. It purchases and sells processed and unprocessed scrap metals to steel mills and other buyers, generating revenue through the recycling and sale of these materials.