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Greenlane Renewables Inc
(TSX:GRN)
Greenlane Renewables Inc (GRN) vs. iShares MSCI Canada ETF (EWC)
Greenlane Renewables Inc Business Overview & Revenue Model
Greenlane Renewables Inc Earnings Call Summary
Greenlane Renewables Inc Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 51.82M | 57.82M | 71.24M | 55.35M | 22.50M |
| Gross Profit | 15.43M | 14.38M | 14.93M | 12.89M | 6.42M |
| EBITDA | 655.00K | -11.15M | -3.05M | -868.00K | -528.00K |
| Net Income | -1.86M | -29.58M | -5.50M | -2.45M | -2.47M |
Balance Sheet | |||||
| Total Assets | 45.35M | 54.35M | 83.39M | 78.79M | 43.17M |
| Cash, Cash Equivalents and Short-Term Investments | 16.17M | 11.79M | 21.38M | 31.47M | 16.44M |
| Total Debt | 2.07M | 1.95M | 1.24M | 459.00K | 6.64M |
| Total Liabilities | 21.38M | 29.05M | 29.90M | 22.30M | 17.30M |
| Stockholders Equity | 23.98M | 25.30M | 53.48M | 56.48M | 25.87M |
Cash Flow | |||||
| Free Cash Flow | 4.54M | -9.20M | -475.00K | -10.69M | -2.10M |
| Operating Cash Flow | 4.62M | -9.00M | 40.00K | -10.48M | -2.04M |
| Investing Cash Flow | -53.00K | -311.00K | -9.91M | -217.00K | -53.00K |
| Financing Cash Flow | -278.00K | -265.00K | -231.00K | 25.72M | 16.27M |
Greenlane Renewables Inc Technical Analysis
Greenlane Renewables Inc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | C$33.53M | 11.94 | 30.34% | ― | 29.80% | -11.58% | |
71 Outperform | ¥269.60B | 14.19 | 8.47% | 2.85% | 6.33% | 12.37% | |
69 Neutral | C$26.83M | 172.22 | 4.63% | ― | 14.78% | -90.82% | |
62 Neutral | C$14.91M | ― | -6.67% | ― | -32.69% | 94.36% | |
55 Neutral | C$13.22M | ― | -9.94% | ― | 1.06% | 56.94% | |
53 Neutral | C$430.55M | ― | -111.61% | ― | -9.70% | -9.53% | |
46 Neutral | C$12.21M | ― | -539.37% | ― | 46.73% | 6.56% |
Greenlane Renewables Inc Corporate Events
Greenlane Renewables Inc. has extended its standby letter of credit facility to August 31, 2026, for a total of $20 million, secured by a guarantee from Export Development Canada. This extension reflects confidence in Greenlane’s financial strength and enhances its capability to pursue larger projects in the global RNG market, supporting its growth initiatives and working capital management.
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.
Greenlane Renewables Inc. announced that all nominated directors and proposed resolutions were approved at its 2025 Annual General Meeting of Shareholders. The meeting saw the election of five directors and the appointment of PricewaterhouseCoopers LLP as the company’s auditor. This approval supports Greenlane’s ongoing efforts in the energy transition sector, reinforcing its leadership and strategic direction in the renewable energy market.
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.
Greenlane Renewables Inc. has filed an additional patent application for its new landfill gas upgrading technology, enhancing its intellectual property portfolio and reinforcing its leadership in renewable natural gas production. This development aims to overcome technical barriers in landfill gas upgrading, maximizing methane recovery and reducing costs. The company plans to reveal its next-generation product line in September 2025, which is expected to make RNG projects more accessible and scalable, benefiting project owners by enhancing revenue-generating RNG output while minimizing upfront investment. This move is significant as landfill gas remains a major feedstock source for RNG production, and Greenlane’s advancements could address industry challenges, positioning the company as a key player in the sector.
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.
Greenlane Renewables Inc. announced that its subsidiary, Airdep S.r.l., secured over $2 million in orders for its biogas desulfurization equipment from a repeat customer. This order highlights the growing adoption of Greenlane’s technology, which is becoming a global industry standard. The company’s biogas desulfurization systems are designed to efficiently remove hydrogen sulfide from biogas without adding oxygen, thus avoiding costly compliance issues. This development underscores Greenlane’s commitment to making RNG projects more scalable and accessible, further solidifying its position in the rapidly growing biomethane market, particularly in Europe.
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.
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.
Greenlane Renewables Inc. is set to announce its first quarter 2025 financial results on May 15, 2025, after market close. The announcement will be followed by a video presentation by CEO Brad Douville and CFO Stephanie Mason. This release is significant as it provides insights into the company’s financial health and operational progress, potentially impacting its market positioning and stakeholder interests.