Greenlane Renewables Past Earnings Performance
Past criteria checks 0/6
Greenlane Renewables's earnings have been declining at an average annual rate of -49%, while the Oil and Gas industry saw earnings growing at 31.8% annually. Revenues have been growing at an average rate of 28.3% per year.
Key information
-49.0%
Earnings growth rate
-4.8%
EPS growth rate
| Oil and Gas Industry Growth | 37.3% |
| Revenue growth rate | 28.3% |
| Return on equity | -96.8% |
| Net Margin | -34.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Greenlane Renewables makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 63 | -21 | 21 | 0 |
| 30 Jun 24 | 62 | -24 | 24 | 0 |
| 31 Mar 24 | 61 | -28 | 25 | 1 |
| 31 Dec 23 | 58 | -30 | 25 | 1 |
| 30 Sep 23 | 55 | -13 | 23 | 1 |
| 30 Jun 23 | 65 | -8 | 21 | 1 |
| 31 Mar 23 | 70 | -6 | 21 | 1 |
| 31 Dec 22 | 71 | -6 | 20 | 1 |
| 30 Sep 22 | 71 | -5 | 18 | 1 |
| 30 Jun 22 | 65 | -5 | 17 | 1 |
| 31 Mar 22 | 59 | -4 | 15 | 1 |
| 31 Dec 21 | 55 | -2 | 13 | 1 |
| 30 Sep 21 | 47 | -2 | 12 | 0 |
| 30 Jun 21 | 40 | -2 | 11 | 0 |
| 31 Mar 21 | 32 | -2 | 9 | 0 |
| 31 Dec 20 | 23 | -2 | 9 | 0 |
| 30 Sep 20 | 17 | -2 | 8 | 0 |
| 30 Jun 20 | 15 | -5 | 8 | 0 |
| 31 Mar 20 | 12 | -6 | 7 | 0 |
| 31 Dec 19 | 9 | -5 | 5 | 0 |
| 30 Sep 19 | 6 | -4 | 3 | 0 |
| 30 Jun 19 | 1 | -2 | 1 | 0 |
| 31 Mar 19 | 0 | 0 | 0 | 0 |
Quality Earnings: 52G is currently unprofitable.
Growing Profit Margin: 52G is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 52G is unprofitable, and losses have increased over the past 5 years at a rate of 49% per year.
Accelerating Growth: Unable to compare 52G's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 52G is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-19.8%).
Return on Equity
High ROE: 52G has a negative Return on Equity (-96.77%), as it is currently unprofitable.