Greenwave Technology Solutions Reports $9 Million Q4 Revenue and Aims for Growth in 2024
Financial Performance and Expansion Plans
Greenwave Technology Solutions, a leading operator of metal recycling facilities, announced that it generated revenue of over $9 million in the fourth quarter of 2023. This achievement follows the recent expansion of its non-ferrous processing facility in Portsmouth, VA, which involved the addition of essential processing equipment. With more than two decades of experience in the metal recycling industry, the company is poised to continue its growth trajectory in 2024. Greenwave has made significant investments in capital expenditures, including new processing equipment and a fleet of trucks for material transport. These investments are aimed at improving sales and operational efficiencies.
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