The earnings call highlighted significant improvements in gross margin and growth in profitable segments, along with a strong cash position and positive future impacts from royalty revenue. However, these positive aspects were somewhat offset by declines in overall revenue and continued losses in adjusted EBITDA, operating, and net income. The company remains optimistic about executing its strategic plan and leveraging market opportunities, but current financial challenges remain notable.

Company Guidance -

Q2 2025

During the Greenlane Renewables First Quarter 2025 Video Conference, the company provided detailed guidance focusing on strategic growth and financial metrics. Revenue for Q1 2025 was reported at CAD7 million with a gross margin of 40%, a significant improvement from 26.5% in Q1 2024. Despite a CAD1.1 million adjusted EBITDA loss, Greenlane's fundamentals remain strong with a sales order backlog of CAD21.2 million and a cash position of CAD16.2 million, consistent with year-end 2024 figures. The company is advancing its strategic plan by enhancing sales in profitable segments such as biogas desulfurization products and technology licensing, with parts and service sales growing by 23% compared to the previous year. Key developments include the upcoming recognition of CAD3.3 million in royalty revenue from a licensing agreement with ZEG Biogas in Q2 2025. Additionally, Greenlane is strategically navigating the volatile macro environment, particularly in the U.S., by focusing on optimizing existing RNG assets amid infrastructure investors' wait-and-see approach. The company is optimistic about supportive policy environments in Canada, Brazil, and Europe, which are expected to drive further growth and demand for its products and services.

Improved Gross Margin

The gross margin for Q1 2025 increased to 40% from 26.5% in Q1 2024, representing a 1,400 basis point improvement.

Growth in Profitable Segments

The parts and service business grew by 23% in Q1 2025 compared to Q1 2024.

Strong Cash Position

The cash position remained strong at CAD16.2 million with no debt.

Positive Impact from Royalty Revenue

Advance payments of CAD3.3 million from a technology licensing agreement will positively impact Q2 2025 results.

Strategic Initiatives on Track

The company is on track with its strategic plan for 2025, focusing on sales growth in the most profitable segments and developing new technology products.

Greenlane Renewables Inc (TSE:GRN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:GRN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2025	2025 (Q2)	- / -	0	―	―	―
May 15, 2025	2025 (Q1)	- / -0.01	-0.01	0.00% (0.00)	―	―
Mar 20, 2025	2024 (Q4)	- / 0.01	-0.12	110.83% (+0.13)	―	―
Nov 07, 2024	2024 (Q3)	-0.01 / -0.01	-0.03	66.67% (+0.02)	―	―
Aug 07, 2024	2024 (Q2)	-0.01 / 0.00	-0.03	―	―	―
May 09, 2024	2024 (Q1)	>-0.01 / -0.01	-0.01	0.00% (0.00)	―	―
Mar 26, 2024	2023 (Q4)	-0.01 / -0.12	-0.01	-1100.00% (-0.11)	―	―
Nov 09, 2023	2023 (Q3)	-0.02 / -0.03	0	―	―	―
Aug 14, 2023	2023 (Q2)	-0.02 / -0.03	-0.01	-200.00% (-0.02)	―	―
May 11, 2023	2023 (Q1)	-0.01 / -0.01	-0.01	0.00% (0.00)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:GRN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 15, 2025	C$0.09	C$0.08	-11.11%
Mar 20, 2025	C$0.09	C$0.10	+11.11%
Nov 07, 2024	C$0.06	C$0.08	+33.33%
Aug 07, 2024	C$0.10	C$0.09	-10.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Greenlane Renewables Inc (TSE:GRN) report earnings?

Greenlane Renewables Inc (TSE:GRN) is schdueled to report earning on Aug 06, 2025, TBA (Confirmed).

What is Greenlane Renewables Inc (TSE:GRN) earnings time?

Greenlane Renewables Inc (TSE:GRN) earnings time is at Aug 06, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

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What is TSE:GRN EPS forecast?

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