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Greenwave Technology Solutions Inc's Business Segments
Greenwave Technology Solutions Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
3
Largest Segment
Scrap Metal Recycling
Total Revenue
$ 16
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Scrap Metal Recycling90.4%
- Hauling9.5%
- Other0.1%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Scrap Metal Recycling | $ 14 | 90.4% |
| Hauling | $ 2 | 9.5% |
| Other | $ 0 | 0.1% |
Revenue by Product & Service Category - FY
- Scrap Metal Recycling90.4%
- Hauling9.5%
- Other0.1%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Scrap Metal Recycling | $ 14 | 90.4% |
| Hauling | $ 2 | 9.5% |
| Other | $ 0 | 0.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Annual Results
Revenue Share by Reportable Segment - FY
- Scrap Metal Recycling90.4%
- Hauling9.5%
- Other0.1%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Scrap Metal Recycling | $ 14 | 90.4% |
| Hauling | $ 2 | 9.5% |
| Other | $ 0 | 0.1% |
Description of Greenwave Technology Solutions Inc
Greenwave Technology Solutions Inc. is a cutting-edge technology company that specializes in providing innovative solutions for energy management and conservation. The company, founded in 2008, is headquartered in Irvine, California, and has established itself as a leader in the field of IoT (Internet of Things) solutions for sustainable energy management.
One of Greenwave's primary areas of expertise lies in developing advanced energy management platforms for commercial and residential applications. These platforms utilize state-of-the-art IoT devices, sensors, and software to monitor, control, and optimize energy consumption. With their solutions, Greenwave aims to help businesses and individuals reduce their carbon footprint, lower energy costs, and enhance overall energy efficiency.
Greenwave's energy management platforms incorporate powerful analytics and machine learning algorithms, which enable intelligent decision-making and automation in energy usage. By gathering data from various connected devices and sensors, such as smart meters, thermostats, lighting systems, and appliances, the platforms can generate valuable insights and recommendations to optimize energy consumption patterns.
The company's flagship product is the AXON Platform, which acts as the central hub for managing and controlling connected devices within a smart home or building. The AXON Platform allows users to remotely monitor and adjust their energy usage, set energy-saving profiles, and receive real-time notifications about abnormal energy consumption or system failures.
Greenwave also offers solutions for utility companies, helping them in managing and optimizing their energy distribution infrastructure. Their smart grid technology allows utilities to remotely monitor power grid performance, detect faults or disruptions, and reroute energy supply to minimize downtime. Additionally, the company provides customers with tools and applications to visualize and understand their energy usage patterns, empowering them to make informed decisions about energy conservation.
In addition to energy management, Greenwave Technology Solutions Inc. is also involved in developing IoT solutions for other sectors, such as healthcare and security. They design and deploy customized solutions that leverage IoT technology to enhance patient care, improve security systems, and streamline facility management operations.
Greenwave is renowned for its extensive research and development efforts, constantly pushing the boundaries of IoT technology innovation. The company has a dedicated team of engineers, data scientists, and software developers who work collaboratively to create cutting-edge solutions that are tailored to meet the unique needs of their clients.
Overall, Greenwave Technology Solutions Inc. is at the forefront of utilizing IoT technology for sustainable energy management. Their advanced platforms, devices, and software applications enable businesses, homeowners, and utility companies to optimize energy usage, reduce costs, and contribute to a greener future.
One of Greenwave's primary areas of expertise lies in developing advanced energy management platforms for commercial and residential applications. These platforms utilize state-of-the-art IoT devices, sensors, and software to monitor, control, and optimize energy consumption. With their solutions, Greenwave aims to help businesses and individuals reduce their carbon footprint, lower energy costs, and enhance overall energy efficiency.
Greenwave's energy management platforms incorporate powerful analytics and machine learning algorithms, which enable intelligent decision-making and automation in energy usage. By gathering data from various connected devices and sensors, such as smart meters, thermostats, lighting systems, and appliances, the platforms can generate valuable insights and recommendations to optimize energy consumption patterns.
The company's flagship product is the AXON Platform, which acts as the central hub for managing and controlling connected devices within a smart home or building. The AXON Platform allows users to remotely monitor and adjust their energy usage, set energy-saving profiles, and receive real-time notifications about abnormal energy consumption or system failures.
Greenwave also offers solutions for utility companies, helping them in managing and optimizing their energy distribution infrastructure. Their smart grid technology allows utilities to remotely monitor power grid performance, detect faults or disruptions, and reroute energy supply to minimize downtime. Additionally, the company provides customers with tools and applications to visualize and understand their energy usage patterns, empowering them to make informed decisions about energy conservation.
In addition to energy management, Greenwave Technology Solutions Inc. is also involved in developing IoT solutions for other sectors, such as healthcare and security. They design and deploy customized solutions that leverage IoT technology to enhance patient care, improve security systems, and streamline facility management operations.
Greenwave is renowned for its extensive research and development efforts, constantly pushing the boundaries of IoT technology innovation. The company has a dedicated team of engineers, data scientists, and software developers who work collaboratively to create cutting-edge solutions that are tailored to meet the unique needs of their clients.
Overall, Greenwave Technology Solutions Inc. is at the forefront of utilizing IoT technology for sustainable energy management. Their advanced platforms, devices, and software applications enable businesses, homeowners, and utility companies to optimize energy usage, reduce costs, and contribute to a greener future.
The Company operates through three segments: Scrap Metal Recycling, Hauling, and Other, which primarily includes rental income. The Chief Executive Officer, serving as the chief operating decision maker, assesses performance based on revenues, gross profit, and operating cash flows at both the segment and consolidated levels. Operating expenses are centrally managed and not allocated to individual segments. Due to similar economic characteristics, products, services, production processes, customer types, and distribution methods, the Company aggregates these segments into a single reportable segment for financial reporting. The Company operates solely within the United States.