Greenwave Technology Solutions (GWAV) Raises FY25 Revenue Guidance to $47M-$50M

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Greenwave Technology Solutions, Inc. Raises Revenue Guidance to $47-$50 Million for FY 2025

February 4, 2025 8:08 AM EST

Tariffs Expected to Drive 10-20% Revenue Growth on Metal Products with 40-45% Gross Profit Margins

Greenwave Supplies 100% Domestically-Sourced Steel, Aluminum, Copper, and Rare-Earth Metals to Industry Titans

 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 $47$50 million for FY 2025 following... More