Added to YB: 2025-08-25
Pitch date: 2025-08-21
GRN.TO [neutral]
Greenlane Renewables Inc.
+9.3%
current return
Author Info
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Company Info
Greenlane Renewables Inc. provides biogas desulfurization and upgrading systems and services worldwide.
Market Cap
CAD 39.2M
Pitch Price
CAD 0.21
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.86
P/E
220.07
EV/Sales
0.61
Sector
Oil, Gas and Consumable Fuels
Category
N/A
Greenlane Renewables ($GRN.TO) FINS Review
GRN.TO (watchlist): Impressive Q2 but unsustainable - $2.8M pre-tax profit on $15.08M revenue (+3% YoY), 47.4% GM (+21% YoY) due to one-time $3.3M royalty payment (86% margin). Declining backlog ($26.3M vs $36M EOY), lumpy revenue history. Cash position covers payables, no debt, improved OpEx (-20%), but A/R growth concerning.
Read full article (5 min)