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Greenlane Renewables Inc ( (TSE:GRN) ) has provided an update.
Greenlane Renewables reported first-quarter 2025 financial results, highlighting a revenue of $7.0 million and a gross margin of 40%. Despite an adjusted EBITDA loss of $1.1 million, the company maintains a strong cash position of $16.2 million with no debt. Greenlane is optimistic about its strategic initiatives, focusing on advancing its technology and expanding its market presence amid economic uncertainties and evolving regulations in the U.S., Canada, Brazil, and Europe. The company is poised for long-term growth by addressing the demand for RNG and optimizing existing projects.
The most recent analyst rating on (TSE:GRN) stock is a Sell with a C$0.05 price target. To see the full list of analyst forecasts on Greenlane Renewables Inc stock, see the TSE:GRN Stock Forecast page.
Spark’s Take on TSE:GRN Stock
According to Spark, TipRanks’ AI Analyst, TSE:GRN is a Neutral.
Greenlane Renewables Inc shows encouraging signs of financial recovery, with improved margins and cash flow. However, the ongoing net losses and revenue decline present challenges. Technically, the stock shows moderate momentum with potential for further gains. Valuation is hindered by negative earnings, and while earnings call insights are positive, revenue and tariff issues require attention. Overall, the stock presents a mixed but cautiously optimistic outlook.
To see Spark’s full report on TSE:GRN stock, click here.
More about Greenlane Renewables Inc
Greenlane Renewables Inc. operates in the renewable energy industry, focusing on making renewable natural gas (RNG) projects more accessible and scalable. The company specializes in biogas desulfurization and landfill gas upgrading technologies, aiming to solve industry challenges by enhancing performance and reducing costs. Greenlane is expanding its intellectual property portfolio and strategic partnerships, with plans to localize manufacturing in key markets such as the U.S. and Brazil.
Average Trading Volume: 81,112
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$14.12M
For a thorough assessment of GRN stock, go to TipRanks’ Stock Analysis page.