Deep Green Posts $1.05M Loss, Zero Revenue in 2024

TL;DR

**Deep Green is a high-risk bet on unproven tech with zero revenue and a $1.05 million loss, so steer clear unless you're a venture capitalist.**

AI Summary

Deep Green Waste & Recycling, Inc. reported no revenue for the fiscal year ended December 31, 2024, consistent with its status as a development stage company focused on waste management and recycling solutions. The company incurred a net loss of $1,050,000 for the year, primarily due to general and administrative expenses totaling $950,000 and research and development costs of $100,000. Key business changes include the continued development of its proprietary waste-to-energy technology and expansion of its consulting services in sustainable waste practices. Significant risks include its reliance on future capital raises to fund operations and the highly competitive waste management industry. The strategic outlook involves securing additional funding to commercialize its technology and expand its market presence in the hazardous waste management sector.

Why It Matters

Deep Green Waste & Recycling's continued lack of revenue and significant net loss of $1,050,000 highlights the inherent risks of investing in development-stage companies, particularly in the capital-intensive waste management sector. For investors, this signals a high-risk, high-reward scenario dependent on future technological breakthroughs and successful market penetration against established competitors like Waste Management and Republic Services. Employees face uncertainty regarding long-term stability without a clear path to profitability, while customers are awaiting the commercialization of its promised sustainable waste solutions. The broader market will watch if Deep Green can disrupt the hazardous waste management industry with its innovative, albeit unproven, technologies.

Risk Assessment

Risk Level: high — The company reported no revenue for the fiscal year ended December 31, 2024, and a net loss of $1,050,000, indicating a complete reliance on future financing. Deep Green Waste & Recycling, Inc. also explicitly states it is a 'Smaller Reporting Company' and 'Emerging Growth Company,' which often correlates with higher operational and financial risks due to limited resources and unproven business models.

Analyst Insight

Investors should exercise extreme caution and consider this a highly speculative investment. Given the zero revenue and significant net loss, potential investors should wait for clear evidence of commercialized products, revenue generation, and a solidified business model before considering an investment.

Financial Highlights

debt To Equity

N/A

revenue

$0

operating Margin

N/A

total Assets

N/A

total Debt

N/A

net Income

-$1,050,000

eps

N/A

gross Margin

N/A

cash Position

N/A

revenue Growth

N/A

Key Numbers

• $0 — Revenue (for the fiscal year ended December 31, 2024, indicating a development stage company)
• $1,050,000 — Net Loss (for the fiscal year ended December 31, 2024, driven by operational expenses)
• $950,000 — General and Administrative Expenses (contributing to the net loss for 2024)
• $100,000 — Research and Development Costs (incurred during 2024 for technology development)
• 14,006,859 — Shares Outstanding (as of February 18, 2025)

Key Players & Entities

• Deep Green Waste & Recycling, Inc. (company) — registrant
• Wyoming (regulator) — state of incorporation
• Evader, Inc. (company) — former company name
• SEC (regulator) — regulatory body
• Waste Management (company) — competitor
• Republic Services (company) — competitor
• 01 Energy & Transportation (company) — organization name

FAQ

Risk Factors

• Reliance on Future Capital Raises [high — financial]: The company is a development stage entity and has not generated revenue. It relies on future capital raises to fund its operations, including the development and commercialization of its waste-to-energy technology. A failure to secure adequate funding could significantly impact its ability to continue as a going concern.
• Highly Competitive Industry [medium — market]: The waste management and recycling industry is highly competitive, with established players and emerging technologies. Deep Green Waste & Recycling, Inc. faces competition from companies with greater resources and market share, which could hinder its ability to gain market traction.
• Technology Development and Commercialization Risk [high — operational]: The company's core strategy relies on the successful development and commercialization of its proprietary waste-to-energy technology. Delays in development, technical challenges, or failure to achieve commercial viability could adversely affect its business prospects.

Industry Context

The waste management and recycling industry is undergoing transformation driven by environmental regulations and the demand for sustainable solutions. Companies are increasingly investing in advanced technologies for waste processing and energy recovery. The hazardous waste management sector, in particular, requires specialized expertise and compliance with stringent regulations.

Regulatory Implications

As a company operating in the waste management sector, Deep Green Waste & Recycling, Inc. is subject to various environmental regulations at federal, state, and local levels. Compliance with these regulations is critical for its operations and technology development. The hazardous waste management sector has particularly strict compliance requirements.

What Investors Should Do

1. Monitor future funding rounds closely.
2. Evaluate the progress of technology commercialization.
3. Assess competitive positioning in the hazardous waste market.

Glossary

Development Stage Company

A company that has no commercial operations and has shown no net profit or loss from operations since its inception or from a relatively recent date. Such companies are typically focused on developing a product or service. (Indicates Deep Green Waste & Recycling, Inc. has not yet generated revenue and is in the early stages of business development.)

Waste-to-Energy Technology

A process that converts waste materials into usable forms of energy, such as electricity or heat. (This is the core proprietary technology Deep Green Waste & Recycling, Inc. is developing for commercialization.)

Year-Over-Year Comparison

As a development stage company, Deep Green Waste & Recycling, Inc. reported no revenue for the fiscal year ended December 31, 2024, consistent with its prior status. The net loss of $1,050,000 was primarily driven by $950,000 in general and administrative expenses and $100,000 in research and development costs. No comparative figures for revenue growth or margin changes are available due to the lack of revenue generation. New risks related to technology commercialization and market entry in the hazardous waste sector are highlighted.

Filing Details

This Form 10-K (Form 10-K) was filed with the SEC on July 18, 2025 regarding Deep Green Waste & Recycling, Inc..

View full filing on EDGAR

View Full Filing

View this 10-K filing on SEC EDGAR