Greenwave Technology Solutions Expects to Process Record Volumes of Steel and Copper With Revenues Exceeding $40 Million in 2024
Greenwave Technology Solutions Expects to Process Record Volumes of Steel and Copper With Revenues Exceeding $40 Million in 2024
"With a significantly strengthened balance sheet, I believe Greenwave is well positioned for the next phase of growth," stated Greenwave CEO Danny Meeks. "The investments we've made in Greenwave's infrastructure will facilitate significant growth in our copper and steel processing capacity, which we anticipate will create significant shareholder value."Growth Being Driven by Cleveland, OH and Virginia Beach, VA Locations
俄亥俄州克利夫兰和弗吉尼亚海滩的分支机构推动了增长
Cashflows and EBITDA to be Accelerated Once its Second American Pulverizer 60x85 Shredder Commencing Operations
其第二台美国粉碎机 60x85 碎纸机投入运营后，现金流和息税折旧摊销前利润将加速
CHESAPEAKE, Va., May 9, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia, North Carolina, and Ohio, is pleased to report that it is expecting to generate revenues exceeding $40 million during the year ended December 31, 2024. Growth is being driven by its Cleveland, OH and Virginia Beach, VA locations. The Company expects its second American Pulverizer 60x85 shredder will result in the Company being EBITDA positive and generating positive cashflows from operating activities.
弗吉尼亚州切萨皮克，2024年5月9日 /PRNewswire/ — 弗吉尼亚州、北卡罗来纳州和俄亥俄州金属回收设施的领先运营商Greenwave Technology Solutions, Inc.（“GREENWAVE” 或 “公司”）（纳斯达克股票代码：GWAV）欣然宣布，在截至2024年12月31日的年度中，其收入预计将超过4000万美元。其位于俄亥俄州克利夫兰和弗吉尼亚海滩的分支机构推动了增长。该公司预计，其第二台美国Pulverizer 60x85碎纸机将使公司的息税折旧摊销前利润为正数，并从经营活动中产生正现金流。
"With a significantly strengthened balance sheet, I believe Greenwave is well positioned for the next phase of growth," stated Greenwave CEO Danny Meeks. "The investments we've made in Greenwave's infrastructure will facilitate significant growth in our copper and steel processing capacity, which we anticipate will create significant shareholder value."
Greenwave首席执行官丹尼·米克斯表示：“随着资产负债表的显著增强，我相信Greenwave已为下一阶段的增长做好了充分的准备。”“我们对Greenwave基础设施的投资将促进我们的铜和钢加工能力的显著增长，我们预计这将为股东创造可观的价值。”
