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Greenlane Renewables TSX:GRN Stock Report

Last Price

CA$0.09

Market Cap

CA$13.9m

7D

-18.2%

1Y

-33.3%

Updated

22 Dec, 2024

Data

Company Financials

Greenlane Renewables Inc.

TSX:GRN Stock Report

Market Cap: CA$13.9m

My Notes

Capture your thoughts, links and company narrative

Greenlane Renewables Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Greenlane Renewables
Historical stock prices
Current Share PriceCA$0.09
52 Week HighCA$0.16
52 Week LowCA$0.06
Beta2.69
1 Month Change-10.00%
3 Month Change38.46%
1 Year Change-33.33%
3 Year Change-92.80%
5 Year Change-76.32%
Change since IPO-56.10%

Recent News & Updates

Greenlane Renewables Inc. (TSE:GRN) Soars 71% But It's A Story Of Risk Vs Reward

Nov 13
Greenlane Renewables Inc. (TSE:GRN) Soars 71% But It's A Story Of Risk Vs Reward

Recent updates

Greenlane Renewables Inc. (TSE:GRN) Soars 71% But It's A Story Of Risk Vs Reward

Nov 13
Greenlane Renewables Inc. (TSE:GRN) Soars 71% But It's A Story Of Risk Vs Reward

Benign Growth For Greenlane Renewables Inc. (TSE:GRN) Underpins Stock's 28% Plummet

Sep 24
Benign Growth For Greenlane Renewables Inc. (TSE:GRN) Underpins Stock's 28% Plummet

Greenlane Renewables Inc. (TSE:GRN) Doing What It Can To Lift Shares

Mar 28
Greenlane Renewables Inc. (TSE:GRN) Doing What It Can To Lift Shares

We're Not Very Worried About Greenlane Renewables' (TSE:GRN) Cash Burn Rate

Sep 28
We're Not Very Worried About Greenlane Renewables' (TSE:GRN) Cash Burn Rate

Potential Upside For Greenlane Renewables Inc. (TSE:GRN) Not Without Risk

Jul 05
Potential Upside For Greenlane Renewables Inc. (TSE:GRN) Not Without Risk

Is Greenlane Renewables Inc. (TSE:GRN) Trading At A 31% Discount?

Oct 28
Is Greenlane Renewables Inc. (TSE:GRN) Trading At A 31% Discount?

Greenlane Renewables Inc. (TSE:GRN) Shares Could Be 32% Below Their Intrinsic Value Estimate

May 15
Greenlane Renewables Inc. (TSE:GRN) Shares Could Be 32% Below Their Intrinsic Value Estimate

We're Interested To See How Greenlane Renewables (TSE:GRN) Uses Its Cash Hoard To Grow

Jul 20
We're Interested To See How Greenlane Renewables (TSE:GRN) Uses Its Cash Hoard To Grow

Greenlane Renewables Inc. (TSE:GRN) Shares Could Be 22% Below Their Intrinsic Value Estimate

May 11
Greenlane Renewables Inc. (TSE:GRN) Shares Could Be 22% Below Their Intrinsic Value Estimate

Calculating The Fair Value Of Greenlane Renewables Inc. (CVE:GRN)

Jan 15
Calculating The Fair Value Of Greenlane Renewables Inc. (CVE:GRN)

Would Greenlane Renewables (CVE:GRN) Be Better Off With Less Debt?

Dec 20
Would Greenlane Renewables (CVE:GRN) Be Better Off With Less Debt?

Shareholder Returns

GRNCA Oil and GasCA Market
7D-18.2%-3.5%-2.6%
1Y-33.3%11.2%15.2%

Return vs Industry: GRN underperformed the Canadian Oil and Gas industry which returned 11.2% over the past year.

Return vs Market: GRN underperformed the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is GRN's price volatile compared to industry and market?
GRN volatility
GRN Average Weekly Movement19.6%
Oil and Gas Industry Average Movement6.3%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: GRN's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: GRN's weekly volatility has increased from 14% to 20% over the past year.

About the Company

FoundedEmployeesCEOWebsite
198691Brad Douvillewww.greenlanerenewables.com

Greenlane Renewables Inc. provides biogas upgrading systems worldwide. Its systems remove impurities and separate carbon dioxide from biomethane in the raw biogas created from biomethane at landfills, wastewater treatment plants, and farms and for injection food waste facilities into the natural gas grid or for direct use as vehicle fuel. The company offers water wash, pressure swing adsorption, and membrane separation technologies.

Greenlane Renewables Inc. Fundamentals Summary

How do Greenlane Renewables's earnings and revenue compare to its market cap?
GRN fundamental statistics
Market capCA$13.91m
Earnings (TTM)-CA$21.44m
Revenue (TTM)CA$63.03m

0.2x

P/S Ratio

-0.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRN income statement (TTM)
RevenueCA$63.03m
Cost of RevenueCA$46.48m
Gross ProfitCA$16.55m
Other ExpensesCA$38.00m
Earnings-CA$21.44m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.14
Gross Margin26.26%
Net Profit Margin-34.02%
Debt/Equity Ratio0%

How did GRN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:09
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Greenlane Renewables Inc. is covered by 11 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ahmad ShaathBeacon Securities Limited
Yuri LynkCanaccord Genuity
Nicholas BoychukCormark Securities Inc.