Greenlane Renewables Inc (GRN) AI Stock Analysis

• Market Cap: C$46.30M
• Dividend Yield: N/A
• Average Volume (3M): 555.20K
• Price to Earnings (P/E): 277.8
• Beta (1Y): 1.63
• Revenue Growth: -31.63%
• EPS Growth: N/A
• Country: CA
• Employees: 92
• Sector: Industrials
• Sector Strength: 76
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): 0.01
• Shares Outstanding: 156,943,790
• 10 Day Avg. Volume: 1,484,123
• 30 Day Avg. Volume: 555,203
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: Hold
• Number of Analyst Covering: 1

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

Greenlane Renewables Inc's overall stock score is driven by its financial performance and earnings call insights. While there are positive developments in cash flow and strategic initiatives, the stock's high valuation and overbought technical indicators present significant risks. The company's ongoing financial challenges and high P/E ratio further weigh on the score.

Greenlane Renewables Inc Business Overview & Revenue Model

Company Description

Greenlane Renewables Inc. (GRN) is a leading provider of biogas upgrading systems, specializing in the conversion of raw biogas into renewable natural gas (RNG). Operating primarily in the renewable energy sector, the company offers a suite of solutions that aid in the production of low-carbon fuel from organic waste sources. Greenlane's core products include advanced upgrading systems that utilize water wash, pressure swing adsorption, and membrane separation technologies to purify biogas to pipeline quality standards.

How the Company Makes Money

Greenlane Renewables Inc. generates revenue through the sale and installation of its biogas upgrading systems, which are purchased by waste management companies, utilities, and agricultural enterprises seeking to convert organic waste into renewable natural gas. The company also earns from service contracts, providing ongoing maintenance and support for its systems to ensure optimal performance. Additionally, Greenlane collaborates with strategic partners and stakeholders in the renewable energy market to expand its reach and enhance its offerings, further contributing to its revenue through joint ventures and shared projects.

Greenlane Renewables Inc Financial Statement Overview

Summary

Greenlane Renewables Inc shows a mix of financial improvements and challenges. Despite a decline in revenue, the company has improved its gross profit margin and turned operating cash flow positive. The balance sheet remains solid with low leverage, but ongoing net losses and negative EBIT margins indicate operational challenges.

Income Statement

Greenlane Renewables Inc has shown a decline in total revenue over the last year, moving from $57.82 million in 2023 to $51.82 million in 2024. Gross profit margin has improved slightly, from 24.86% to 29.79%, indicating better cost management. However, the company continues to operate at a net loss, with a net profit margin of -3.60% in 2024. EBIT margin has also improved but remains negative, signaling ongoing operational challenges.

Balance Sheet

The company's debt-to-equity ratio is relatively low at 0.09, reflecting a cautious approach to leveraging. Return on equity has improved to -7.77% from -116.94%, which, while still negative, shows a significant recovery. The equity ratio stands at 52.85%, reinforcing a strong equity base. Overall, the balance sheet indicates a stable financial position with low leverage risk.

Cash Flow

Operating cash flow has turned positive, reaching $4.62 million in 2024 from a negative $8.99 million the previous year. Free cash flow also improved significantly to $4.54 million. The operating cash flow to net income ratio is strong, suggesting effective cash management despite net losses. This positive cash flow trajectory enhances the company's financial flexibility.

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

• Technical Analysis Sentiment: Positive
• Last Price: 0.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 0.23 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.11, and above the 200-day MA of 0.10, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 69.16 is Neutral, neither overbought nor oversold. The STOCH value of 59.72 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	76 Outperform	C$33.61M	12.00	30.34%	―	29.80%	-11.58%
TMG	69 Neutral	C$25.97M	166.67	4.63%	―	14.78%	-90.82%
Sector *	64 Neutral	$10.71B	16.03	7.42%	2.02%	2.57%	-16.39%
QST	61 Neutral	C$14.04M	―	-9.94%	―	1.06%	56.94%
GRN	56 Neutral	C$46.30M	277.78	0.73%	―	-31.63%	―
ACT	53 Neutral	C$423.82M	―	-111.61%	―	-9.70%	-9.53%
SHRC	44 Neutral	C$13.84M	―	-539.37%	―	46.73%	6.56%

Greenlane Renewables Inc Corporate Events

Greenlane Renewables Reports Strong Q2 2025 Results and Strategic Progress

Greenlane Renewables reported positive financial results for the second quarter of 2025, with a revenue of $15.1 million and an adjusted EBITDA of $3.4 million. The company is on track with its 2025 strategic initiatives, including the launch of a new landfill gas upgrading product line and expansion in the Brazilian biomethane market, which presents significant long-term growth opportunities. The company also announced new orders and patent applications, reinforcing its position in the renewable energy industry.

Greenlane Renewables to Release Q2 2025 Financial Results

Greenlane Renewables Inc. announced it will release its second quarter 2025 financial results on August 14, 2025. The announcement will be followed by a video presentation by the CEO and CFO, providing insights into the company’s performance. This release is significant as it may impact Greenlane’s market positioning and stakeholder perceptions, given its role in accelerating the energy transition.

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 Secures $20 Million Credit Extension to Boost Growth

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 Secures Shareholder Approval at 2025 AGM

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 Strengthens Leadership with New Patent for Landfill Gas Technology

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 Secures $2M in Biogas Equipment Orders, Strengthening Global Market Position

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.