Greenlane Renewables Inc.

TSX:GRN Stock Report

Market Cap: CA$13.9m

Greenlane Renewables Management

Management criteria checks 2/4

Greenlane Renewables' CEO is Brad Douville, appointed in Aug 2024, has a tenure of less than a year. total yearly compensation is CA$559.86K, comprised of 67% salary and 33% bonuses, including company stock and options. directly owns 4.09% of the company’s shares, worth CA$568.81K. The average tenure of the management team and the board of directors is 0.3 years and 5.5 years respectively.

Key information

Brad Douville

Chief executive officer

CA$559.9k

Total compensation

CEO salary percentage67.0%
CEO tenureless than a year
CEO ownership4.1%
Management average tenureless than a year
Board average tenure5.5yrs

Recent management updates

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?

CEO Compensation Analysis

How has Brad Douville's remuneration changed compared to Greenlane Renewables's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$21m

Jun 30 2024n/an/a

-CA$24m

Mar 31 2024n/an/a

-CA$28m

Dec 31 2023CA$560kCA$375k

-CA$30m

Sep 30 2023n/an/a

-CA$13m

Jun 30 2023n/an/a

-CA$8m

Mar 31 2023n/an/a

-CA$6m

Dec 31 2022CA$746kCA$375k

-CA$6m

Sep 30 2022n/an/a

-CA$5m

Jun 30 2022n/an/a

-CA$5m

Mar 31 2022n/an/a

-CA$4m

Dec 31 2021CA$722kCA$325k

-CA$2m

Sep 30 2021n/an/a

-CA$2m

Jun 30 2021n/an/a

-CA$2m

Mar 31 2021n/an/a

-CA$2m

Dec 31 2020CA$464kCA$275k

-CA$2m

Sep 30 2020n/an/a

-CA$2m

Jun 30 2020n/an/a

-CA$5m

Mar 31 2020n/an/a

-CA$6m

Dec 31 2019CA$307kCA$275k

-CA$5m

Sep 30 2019n/an/a

-CA$4m

Jun 30 2019n/an/a

-CA$2m

Mar 31 2019n/an/a

-CA$441k

Dec 31 2018CA$294kCA$275k

-CA$232k

Compensation vs Market: Brad's total compensation ($USD389.58K) is above average for companies of similar size in the Canadian market ($USD164.07K).

Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.

CEO

Brad Douville (54 yo)

less than a year

Tenure

CA$559,861

Compensation

Mr. Brad Douville has been the Chief Executive Officer of Greenlane Renewables Inc. since August 23, 2024 and also serves as its Director. He had been Chief Executive Officer at Greenlane Renewables Inc.,...

Leadership Team

NamePositionTenureCompensationOwnership
Brad Douville
CEO & Directorless than a yearCA$559.86k4.09%
CA$ 568.8k
Monty Balderston
Chief Financial Officer2.4yrsCA$400.46k0%
CA$ 0
H. Lendon
Chief Operating Officerless than a yearCA$391.70kno data
Dale Goudie
Vice President of Technologyless than a yearCA$325.22k0.0036%
CA$ 495.1
Tina Langford
General Counselless than a yearno datano data
Stephanie Mason
Director of Financeno datano data0.045%
CA$ 6.3k

0.3yrs

Average Tenure

Experienced Management: GRN's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Brad Douville
CEO & Director5.5yrsCA$559.86k4.09%
CA$ 568.8k
David Demers
Independent Director6.8yrsCA$114.50k1.96%
CA$ 272.3k
Elaine Wong
Lead Independent Director4.4yrsCA$90.00k0.054%
CA$ 7.5k
Wade Nesmith
Independent Chairman of the Board6.8yrsCA$182.00k2.31%
CA$ 321.8k
Candice Alderson
Independent Director4.5yrsCA$95.00k0.034%
CA$ 4.8k

5.5yrs

Average Tenure

55yo

Average Age

Experienced Board: GRN's board of directors are considered experienced (5.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 02:47
End of Day Share Price 2024/12/23 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

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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.