Greenwave Q1 FY26 net loss narrows to $1.5 million; revenue more than doubles to $16.28 million

Reuters2026/07/29 17:02

By:Reuters

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Greenwave Technology Solutions posted revenue of $16.28 million, more than doubled from a year earlier (+121.93%).
Net loss available to common stockholders narrowed to $1.5 million from a year earlier (improvement of $6.16 million).
Operating loss tightened to $1.07 million, while other expense eased to $431,276 from a year earlier.
Metal revenue climbed to $14.13 million, while hauling revenue fell to $2.13 million.
Cash on hand totaled $1.46 million, with a working capital deficit of $17.97 million; management flagged going-concern doubt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenwave Technology Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-035143), on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Greenwave Q1 FY26 net loss narrows to $1.5 million; revenue more than doubles to $16.28 million

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