Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 7.95M | 13.28M | 65.37M | 137.09M | 166.06M | 138.30M |
Gross Profit | 4.48M | 6.28M | 17.83M | 24.98M | 27.68M | 22.77M |
EBITDA | -13.44M | -10.92M | -24.63M | -172.38M | -48.15M | -44.55M |
Net Income | -19.61M | -17.64M | -32.17M | -169.51M | -30.58M | -14.52M |
Balance Sheet | ||||||
Total Assets | 31.78M | 28.63M | 38.09M | 146.05M | 285.83M | 122.65M |
Cash, Cash Equivalents and Short-Term Investments | 5.72M | 899.00K | 463.00K | 6.46M | 12.86M | 30.43M |
Total Debt | 553.00K | 8.68M | 9.17M | 19.80M | 31.70M | 11.90M |
Total Liabilities | 11.83M | 22.35M | 27.10M | 50.69M | 89.46M | 53.39M |
Stockholders Equity | 20.09M | 6.43M | 11.12M | 38.97M | 174.53M | 15.06M |
Cash Flow | ||||||
Free Cash Flow | -14.43M | -6.99M | -2.80M | -29.21M | -42.05M | -14.61M |
Operating Cash Flow | -14.27M | -6.75M | -1.79M | -26.43M | -37.33M | -12.30M |
Investing Cash Flow | -161.00K | -244.00K | 30.00K | 12.03M | -19.69M | -4.14M |
Financing Cash Flow | 19.98M | 7.43M | -10.14M | 13.93M | 38.96M | -1.06M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
70 Outperform | $2.92B | 29.20 | 4.56% | 0.33% | 61.64% | 16.76% | |
70 Neutral | $1.78B | 40.62 | 26.05% | 0.29% | 4.44% | -5.94% | |
63 Neutral | $20.46B | 14.47 | -3.60% | 3.13% | 2.63% | -6.18% | |
49 Neutral | $171.44M | ― | -110.47% | ― | -1.69% | -106.13% | |
38 Underperform | $4.62M | ― | -149.74% | ― | -72.92% | 85.19% | |
38 Underperform | $6.50M | ― | -616.13% | ― | -49.46% | 99.12% | |
31 Underperform | $11.22M | ― | -88.92% | ― | -86.91% | 59.47% |
On August 14, 2025, Greenlane Holdings reported its financial results for the second quarter of 2025, highlighting a significant restructuring of its sales organization and a shift in its industrial product lines to a commission-based revenue model. Despite a decrease in total revenue to $0.8 million from $2.6 million in the prior year, the company is optimistic about future growth due to new leadership and strategic initiatives, including partnerships and marketing strategies aimed at improving customer acquisition and operational efficiency.
On June 20, 2025, Greenlane Holdings, Inc. terminated Rob Shields from the position of Chief Growth Officer. This decision may impact the company’s strategic direction and growth initiatives, potentially affecting its market positioning and stakeholder interests.
On June 16, 2025, Greenlane Holdings, Inc. held a Special Meeting of Stockholders where a proposal for a reverse stock split was approved. The proposal allows the board to amend the articles of incorporation to combine shares at a ratio between one-for-250 to one-for-750, with the exact ratio to be determined by the board within a year.
On June 2, 2025, Greenlane Holdings announced that it received an extension from the Nasdaq Hearings Panel to comply with listing rules after failing to meet the minimum bid price requirement. The company must achieve a minimum closing bid price of $1.00 per share for ten consecutive business days by July 11, 2025, following a reverse stock split, to maintain its Nasdaq listing. The extension allows Greenlane to continue its strategic initiatives aimed at enhancing shareholder value and regaining compliance, which is crucial for its market positioning and investor confidence.
On May 29, 2025, Greenlane Holdings, Inc. announced a relocation of its principal executive offices within Boca Raton, Florida, moving from 1095 Broken Sound Parkway to 4800 North Federal Highway. This move could potentially impact the company’s operational dynamics and may reflect strategic positioning within the industry.