Greenlane Renewables (TSE:GRN) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Greenlane Renewables disclosed its financial outcomes for 2023, reporting annual revenue of $57.8 million and a net loss of $29.4 million, impacted by a significant impairment charge. Despite the operational losses, the company secured a substantial $35.3 million contract in Brazil and launched new product lines, while maintaining a positive outlook for 2024 with a strong cash position and no significant debt.
For further insights into TSE:GRN stock, check out TipRanks’ Stock Analysis page.
