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Greenlane Renewables Inc (TSE:GRN)
TSX:GRN
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: -11.11%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
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
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.
TSE:GRN Earnings History
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 Not Confirmed.
What is Greenlane Renewables Inc (TSE:GRN) earnings time?
Greenlane Renewables Inc (TSE:GRN) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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What is TSE:GRN EPS forecast?
Currently, no data Available