Greenlane Renewables Inc (GRN) AI Stock Analysis

• Market Cap: C$14.12M
• Dividend Yield: N/A
• Average Volume (3M): 52.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.33
• Revenue Growth: -32.69%
• EPS Growth: 94.36%
• Country: CA
• Employees: 92
• Sector: Industrials
• Sector Strength: 92
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): >-0.01
• Shares Outstanding: 156,922,030
• 10 Day Avg. Volume: 75,885
• 30 Day Avg. Volume: 52,270
• PEG Ratio: -0.05
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 56 Neutral
• Price Target: C$0.00 ▼(-100.00%Downside)

Greenlane Renewables Inc presents a mixed outlook, with positive signs in gross margin improvement and cash flow, but challenges with revenue decline and net losses. The stable balance sheet and strategic initiatives offer potential for growth. However, technical and valuation metrics suggest caution. The overall score reflects the need for ongoing operational enhancements and market execution.

Greenlane Renewables Inc Business Overview & Revenue Model

Company Description

Greenlane Renewables Inc (GRN) is a leading provider in the renewable energy sector, specializing in the design, development, and supply of biogas upgrading systems. These systems enable the transformation of raw biogas from organic waste into high-quality renewable natural gas (RNG), which can be used as a substitute for fossil fuels. Greenlane Renewables serves a global market, offering solutions that help reduce greenhouse gas emissions and promote sustainable energy practices.

How the Company Makes Money

Greenlane Renewables Inc generates revenue primarily through the sale and installation of its biogas upgrading systems. These systems are sold to customers in various industries, including agriculture, waste management, and energy production, who are looking to convert organic waste into renewable natural gas. The company also provides ongoing maintenance and support services for its systems, which contribute to recurring revenue streams. Additionally, Greenlane may engage in strategic partnerships or joint ventures to expand its market reach and enhance its service offerings. The company's earnings are influenced by factors such as the increasing global demand for renewable energy solutions and government policies promoting sustainability and emissions reduction.

Greenlane Renewables Inc Financial Statement Overview

Summary

Greenlane Renewables Inc is facing financial difficulties with declining revenues and persistent losses. Despite a low debt-to-equity ratio indicating minimal leverage risk, the company has negative cash flows and declining stockholder equity, raising concerns about long-term financial health.

Income Statement

Greenlane Renewables Inc shows a challenging revenue trajectory with a decline in TTM revenue compared to last year. The gross profit margin stands at 23.83% for TTM, indicating some operational efficiency, but the net profit margin remains negative due to persistent losses. EBIT and EBITDA margins are also negative, reflecting ongoing profitability challenges.

Balance Sheet

The company's debt-to-equity ratio is low at 0.10, suggesting minimal leverage risk. However, the stockholders' equity has been decreasing, showing financial strain. The equity ratio at 44.20% indicates a moderate capital structure but reflects declining asset base stability.

Cash Flow

Operating cash flow is negative, and although free cash flow showed slight improvement, it remains in deficit. The operating cash flow to net income ratio is unfavorable, highlighting the company's struggles to generate cash from operations relative to its losses.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
60.60M	57.82M	71.24M	55.35M	22.50M	9.12M
	Gross Profit
14.44M	14.38M	14.93M	12.89M	6.42M	3.27M
	EBIT
-6.47M	-13.20M	-7.87M	-2.17M	-3.64M	-2.69M
	EBITDA
-4.66M	-11.15M	-3.05M	-868.00K	-528.00K	-4.04M
	Net Income Common Stockholders
-21.27M	-29.58M	-5.50M	-2.45M	-2.47M	-5.05M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
524.00K	11.79M	21.38M	31.47M	16.44M	2.27M
	Total Assets
528.00K	54.35M	83.39M	78.79M	43.17M	26.57M
	Total Debt
0.00	1.95M	1.24M	459.00K	6.64M	11.79M
	Net Debt
-524.00K	-9.84M	-20.15M	-31.01M	-9.80M	9.52M
	Total Liabilities
91.00K	29.05M	29.90M	22.30M	17.30M	18.87M
	Stockholders Equity
437.00K	25.30M	53.48M	56.48M	25.87M	7.70M
Cash Flow		Free Cash Flow
-1.21M	-9.20M	-475.00K	-10.69M	-2.10M	-2.86M
	Operating Cash Flow
-1.02M	-9.00M	40.00K	-10.48M	-2.04M	-2.81M
	Investing Cash Flow
-166.00K	-311.00K	-9.91M	-217.00K	-53.00K	-2.26M
	Financing Cash Flow
-190.00K	-265.00K	-231.00K	25.72M	16.27M	6.82M

Greenlane Renewables Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.09
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GRN, the sentiment is Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 53.10 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GRN.

Greenlane Renewables Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BRM	77 Outperform	C$32.27M	10.37	35.13%	―	48.69%	39.18%
TMG	66 Neutral	C$22.50M	144.44	4.63%	―	14.78%	-90.82%
Sector *	65 Neutral	$4.41B	12.06	5.22%	249.80%	4.09%	-12.16%
SHRC	57 Neutral	C$15.50M	―	-272.36%	―	36.07%	14.29%
GRN	56 Neutral	C$14.12M	―	-6.67%	―	-32.69%	94.36%
QST	55 Neutral	C$14.87M	―	-9.94%	―	1.06%	56.94%
ACT	43 Neutral	C$345.61M	―	-111.61%	―	-9.70%	-9.53%

Greenlane Renewables Inc Corporate Events

Greenlane Renewables Reports Strong Q1 2025 with Strategic Growth Initiatives

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 to Release Q1 2025 Financial Results

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.

Greenlane Renewables Reports Strong Financial Gains and Technological Advances in 2024

Greenlane Renewables reported a significant improvement in its financial performance for the fiscal year 2024, with an 81% increase in adjusted EBITDA and a strengthened cash position. The company achieved notable operational milestones, including new contracts and patent filings for advanced landfill gas upgrading technology, positioning itself for further growth and innovation in the renewable energy sector.

Greenlane Renewables to Release FY 2024 Financial Results

Greenlane Renewables Inc. announced it will release its fourth quarter and fiscal year 2024 financial results on March 20, 2025. The announcement will be followed by a video presentation from the company’s CEO and CFO, providing insights into the company’s performance and future outlook. This release is significant for stakeholders as it will offer a detailed view of Greenlane’s financial health and its ongoing impact on the renewable energy industry.

Greenlane Renewables Expands Service Agreements to Boost Recurring Revenue

Greenlane Renewables Inc. has secured three new service agreements for renewable natural gas project sites in North America, enhancing its service business and driving recurring revenue. These agreements, part of Greenlane’s 3-tiered service offering program, demonstrate customer confidence in the company’s expertise and solutions across various biogas sectors. By expanding its service offerings, Greenlane is reinforcing its position as a long-term partner, aligning with its 2025 strategy to prioritize financial discipline, customer success, and scalable growth in high-demand segments.

Greenlane Renewables Unveils 2025 Strategy for Sustainable Growth

Greenlane Renewables has announced its 2025 strategy, emphasizing advanced products, superior project execution, and financial discipline. The company aims to leverage its market leadership in the fast-growing RNG sector, with a focus on price and performance, manufacturing control, intellectual property, and strategic partnerships to ensure long-term operational excellence and financial strength.