Greenwave Technology Solutions, Inc. Raises Revenue Guidance to $47-$50 Million for FY 2025
Greenwave Technology Solutions (NASDAQ: GWAV) has raised its revenue guidance for FY 2025 to $47-$50 million following the announcement of new tariffs on metal imports. The company expects a 10-20% revenue growth on metal products with 40-45% gross profit margins.
As a leading metal recycling company, Greenwave supplies 100% domestically-sourced steel, aluminum, copper, and rare-earth metals to major industry players. The company is currently engaged in active negotiations with multiple entities interested in accessing its high-volume flow of mill-ready metals.
Greenwave Technology Solutions (NASDAQ: GWAV) ha rivisto al rialzo le sue previsioni di fatturato per l'anno fiscale 2025 a 47-50 milioni di dollari a seguito dell'annuncio di nuove tariffe sulle importazioni di metalli. L'azienda prevede una crescita del fatturato del 10-20% sui prodotti metallici con margini di profitto lordo del 40-45%.
Come leader nel settore del riciclo dei metalli, Greenwave fornisce acciaio, alluminio, rame e metalli rare-earth interamente provenienti da fonti nazionali ai principali attori dell'industria. Attualmente, l'azienda è impegnata in negoziati attivi con più entità interessate ad accedere al suo flusso di metalli pronti per la lavorazione in grandi volumi.
Greenwave Technology Solutions (NASDAQ: GWAV) ha incrementado su guía de ingresos para el año fiscal 2025 a 47-50 millones de dólares tras el anuncio de nuevas tarifas sobre las importaciones de metales. La empresa espera un crecimiento de ingresos del 10-20% en productos metálicos con márgenes de beneficio bruto del 40-45%.
Como una de las principales empresas de reciclaje de metales, Greenwave suministra acero, aluminio, cobre y metales de tierras raras totalmente de fuentes nacionales a los principales actores de la industria. Actualmente, la empresa está participando en negociaciones activas con múltiples entidades interesadas en acceder a su flujo de metales listos para el molino en alto volumen.
Greenwave Technology Solutions (NASDAQ: GWAV)는 금속 수입에 대한 새로운 관세 발표 이후 FY 2025의 수익 예상치를 4700만-5000만 달러로 상향 조정했습니다. 회사는 금属 제품에서 10-20%의 수익 성장을 예상하며 40-45%의 총 이익률을 기록할 것으로 보입니다.
금속 재활용 분야의 선두 기업인 Greenwave는 주요 산업 플레이어에게 100% 국내 조달된 철강, 알루미늄, 구리 및 희토류 금속을 공급합니다. 현재 회사는 고용량의 제련 준비 금속에 접근하고자 하는 여러 기관들과 활발한 협상에 참여하고 있습니다.
Greenwave Technology Solutions (NASDAQ: GWAV) a relevé ses prévisions de chiffre d'affaires pour l'exercice fiscal 2025 à 47-50 millions de dollars suite à l'annonce de nouveaux tarifs sur les importations de métaux. L'entreprise s'attend à une croissance du chiffre d'affaires de 10-20% sur les produits métalliques avec des marges bénéficiaires brutes de 40-45%.
En tant que principal acteur du recyclage des métaux, Greenwave fournit de l'acier, de l'aluminium, du cuivre et des métaux rares 100% d'origine nationale aux principaux acteurs de l'industrie. L'entreprise est actuellement engagée dans des négociations actives avec plusieurs entités intéressées par l'accès à son flux élevé de métaux prêts à l'emploi.
Greenwave Technology Solutions (NASDAQ: GWAV) hat seine Umsatzprognose für das Geschäftsjahr 2025 auf 47-50 Millionen USD angehoben, nachdem neue Zölle auf Metallimporte bekannt gegeben wurden. Das Unternehmen erwartet ein Umsatzwachstum von 10-20% bei Metallprodukten mit Bruttogewinnmargen von 40-45%.
Als führendes Unternehmen im Bereich des Metallrecyclings liefert Greenwave 100% inländisch beschafften Stahl, Aluminium, Kupfer und Seltene Erden an große Akteure der Industrie. Das Unternehmen führt derzeit aktive Verhandlungen mit mehreren Firmen, die an einem Zugang zu seinem hohen Volumen an millbereit verarbeiteten Metallen interessiert sind.
- Increased revenue guidance to $47-$50 million for FY 2025
- Expected 10-20% revenue growth on metal products
- High gross profit margins of 40-45%
- Active negotiations with multiple potential customers
- None.
Insights
The revised $47-50 million revenue guidance for FY2025 marks a strategic inflection point for Greenwave Technology Solutions, particularly given its current market capitalization of approximately
The implementation of tariffs on imported metals creates a powerful catalyst for domestic recyclers. With
- Exclusive focus on domestically-sourced materials, which shields the company from tariff impacts while potentially capturing market share from import-dependent competitors
- Established relationships with industry leaders, providing stable demand channels for mill-ready metals
The ongoing negotiations with multiple entities seeking access to Greenwave's metal supply could be transformative. In the current geopolitical climate, securing reliable domestic supply chains has become a strategic imperative for manufacturers, potentially strengthening Greenwave's negotiating position and pricing power.
The focus on rare-earth metals adds another dimension of value, as these materials are important for high-growth sectors including renewable energy and electric vehicles. This positions Greenwave at the intersection of industrial metal recycling and strategic resource supply chains, potentially commanding premium pricing in an increasingly resource-conscious market.
The metal recycling landscape is experiencing a fundamental shift, with tariffs creating a distinct advantage for domestic suppliers. Greenwave's strategic focus on 100% domestically-sourced materials positions it to capture market share in an environment where manufacturers are prioritizing supply chain reliability over pure cost considerations.
The company's emphasis on mill-ready metals is particularly significant as it:
- Reduces processing costs for end users
- Accelerates supply chain velocity
- Enhances margins through value-added processing
The inclusion of rare-earth metals in Greenwave's portfolio is strategically crucial. These materials are essential components in technologies driving the green energy transition and advanced manufacturing. With China controlling approximately
The active negotiations with multiple entities reflect a broader industry trend toward securing reliable, domestic supply chains. This shift in procurement strategies could lead to longer-term contracts and more stable revenue streams, potentially reducing the cyclical nature typical of the recycling industry.
Tariffs Expected to Drive 10
Greenwave Supplies
Company in Active Negotiations with Multiple Entities Seeking Access to its High-Volume Flow of Mill-Ready Metals
CHESAPEAKE, Va., Feb. 4, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leader in metal recycling, is raising revenue guidance to
Greenwave supplies
The Company is in active negotiations with multiple entities seeking access to its high-volume, mill-ready metal supply.
About Greenwave
Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) operates 13 metal recycling facilities supplying leading steel mills and industrial partners with domestically-sourced metals. Headquartered in
For detailed financials and updates, visit www.GWAV.com.
Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its revenue growth, opening of additional locations, margin expansion and cashflow projections. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, the Company can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company's control), assumptions and other factors that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for the Company's common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the SEC. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
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SOURCE Greenwave Technology Solutions
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