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Greenlane Renewables Inc ( (TSE:GRN) ) has provided an update.
Greenlane Renewables reported positive financial results for the second quarter of 2025, with a revenue of $15.1 million and an adjusted EBITDA of $3.4 million. The company is on track with its 2025 strategic initiatives, including the launch of a new landfill gas upgrading product line and expansion in the Brazilian biomethane market, which presents significant long-term growth opportunities. The company also announced new orders and patent applications, reinforcing its position in the renewable energy industry.
Spark’s Take on TSE:GRN Stock
According to Spark, TipRanks’ AI Analyst, TSE:GRN is a Neutral.
Greenlane Renewables Inc’s overall stock score is driven by a mix of financial challenges and strategic growth potential. The company’s solid balance sheet and positive corporate developments are encouraging, but ongoing operational losses and unattractive valuation metrics weigh on the score. Technical indicators suggest a positive momentum, slightly boosting the overall 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 sector, focusing on biogas upgrading systems. The company specializes in developing advanced products and technologies for renewable natural gas (RNG) production, with a significant market focus on biomethane production in regions like Brazil.
Average Trading Volume: 87,691
Technical Sentiment Signal: Sell
Current Market Cap: C$15.69M
For detailed information about GRN stock, go to TipRanks’ Stock Analysis page.