Cash flow Greenlane Renewables Inc. OTC Markets

Stocks

GRNWF

CA3953321096

Renewable Fuels

Market Closed - OTC Markets 12:00:49 2026-09-17 EDT			5-day change	1st Jan Change
0.1378 ^USD	+6.00%		+0.12%	-16.03%

08-19	Greenlane Renewables Gets Equipment and Service Contracts Totalling C$2.5 Million	MT
08-19	Greenlane Renewables Inc., Q2 2026 Pre Recorded Earnings Call, Aug 13, 2026

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Published financial data: GREENLANE RENEWABLES INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Revenues	55.35M	71.24M	57.82M	51.82M	44.43M
Total Revenues	55.35M	71.24M	57.82M	51.82M	44.43M
Cost of Goods Sold, Total	41.22M	54.43M	43.44M	35.49M	25.29M
Gross Profit	14.14M	16.81M	14.38M	16.33M	19.14M
Selling General & Admin Expenses, Total	13.64M	17.72M	23.74M	17.67M	14.91M
Stock-Based Compensation (IS)	1.1M	1.98M	775K	444K	407K
R&D Expenses	-	1.06M	681K	411K	1.9M
Depreciation & Amortization - (IS)	329K	593K	610K	545K	584K
Amortization of Goodwill and Intangible Assets - (IS)	1.24M	1.74M	1.78M	565K	603K
Other Operating Expenses, Total	16.31M	23.09M	27.58M	19.63M	18.4M
Operating Income	-2.17M	-6.28M	-13.2M	-3.3M	740K
Interest Expense, Total	-87K	-109K	-84K	-143K	-165K
Interest And Investment Income	162K	359K	651K	467K	375K
Net Interest Expenses	75K	250K	567K	324K	210K
Currency Exchange Gains (Loss)	-184K	2.17M	-256K	1.26M	143K
Other Non Operating Income (Expenses)	207K	-37K	-172K	1.24M	-1K
EBT, Excl. Unusual Items	-2.08M	-3.9M	-13.06M	-481K	1.09M
Restructuring Charges	-	-	-	-648K	-
Merger & Related Restructuring Charges	-451K	-	-	-	-
Impairment of Goodwill	-	-	-14.35M	-	-
Other Unusual Items	-	-1.59M	-1.07M	531K	-
EBT, Incl. Unusual Items	-2.53M	-5.49M	-28.48M	-598K	1.09M
Income Tax Expense	-76K	16K	1.1M	782K	2.13M
Earnings From Continuing Operations	-2.45M	-5.5M	-29.58M	-1.38M	-1.04M
Earnings Of Discontinued Operations	-	-	-	-483K	-
Net Income to Company	-2.45M	-5.5M	-29.58M	-1.86M	-1.04M
Net Income - (IS)	-2.45M	-5.5M	-29.58M	-1.86M	-1.04M
Net Income to Common Incl Extra Items	-2.45M	-5.5M	-29.58M	-1.86M	-1.04M
Net Income to Common Excl. Extra Items	-2.45M	-5.5M	-29.58M	-1.38M	-1.04M
Per Share Items
Net EPS - Basic	-0.02	-0.04	-0.19	-0.01	-0.01
Basic EPS - Continuing Operations	-0.02	-0.04	-0.19	-0.01	-0.01
Basic Weighted Average Shares Outstanding	144M	151M	153M	154M	157M
Net EPS - Diluted	-0.02	-0.04	-0.19	-0.01	-0.01
Diluted EPS - Continuing Operations	-0.02	-0.04	-0.19	-0.01	-0.01
Diluted Weighted Average Shares Outstanding	144M	151M	153M	154M	157M
Normalized Basic EPS	-0.01	-0.02	-0.05	-0	0
Normalized Diluted EPS	-0.01	-0.02	-0.05	-0	0
Supplemental Items
EBITDA	-847K	-4.31M	-11.15M	-2.52M	1.5M
EBITA	-931K	-4.56M	-11.42M	-2.74M	1.34M
EBIT	-2.17M	-6.28M	-13.2M	-3.3M	740K
Effective Tax Rate - (Ratio)	3.01	-0.29	-3.87	-130.77	195.42
Total Current Taxes	34K	739K	729K	1.07M	2.3M
Total Deferred Taxes	-110K	-723K	373K	-290K	-161K
Normalized Net Income	-1.3M	-2.44M	-8.16M	-301K	682K
Interest on Long-Term Debt	87K	109K	84K	143K	330K
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	-	1.94M	1.56M	938K	840K
General and Administrative Expenses	5.86M	15.78M	22.18M	16.73M	14.07M
Research And Development Expense From Footnotes	758K	1.06M	681K	411K	1.9M
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	1.1M	1.98M	775K	444K	407K
Total Stock-Based Compensation	1.1M	1.98M	775K	444K	407K

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Assets
Cash And Equivalents	31.47M	21.38M	11.79M	16.17M	17.7M
Total Cash And Short Term Investments	31.47M	21.38M	11.79M	16.17M	17.7M
Accounts Receivable, Total	25.93M	27.55M	22.68M	10.97M	11.7M
Other Receivables	-	-	710K	235K	563K
Notes Receivable	-	-	859K	1.61M	-
Total Receivables	25.93M	27.55M	24.25M	12.81M	12.26M
Inventory	785K	1.13M	2.06M	819K	1.74M
Prepaid Expenses	1.24M	1.27M	1.66M	933K	969K
Restricted Cash	1.66M	1.69M	1.6M	2.11M	412K
Total Current Assets	61.09M	53.02M	41.37M	32.84M	33.08M
Gross Property Plant And Equipment	1.43M	3.18M	4.4M	4.39M	6.06M
Accumulated Depreciation	-744K	-1.44M	-2.03M	-2.15M	-2.8M
Net Property Plant And Equipment	688K	1.73M	2.38M	2.24M	3.26M
Goodwill	10.4M	18.08M	7.78M	7.95M	8.54M
Other Intangibles, Total	6.5M	8.35M	2.83M	2.32M	1.88M
Loans Receivable Long-Term	-	1.75M	-	-	-
Deferred Tax Assets Long-Term	111K	448K	-	-	-
Deferred Charges Long-Term	-	-	-	-	-
Total Assets	78.79M	83.39M	54.36M	45.35M	46.77M
Liabilities
Accounts Payable, Total	633K	3.94M	3.01M	2.9M	5.9M
Accrued Expenses, Total	3.54M	3.57M	2.99M	1.57M	4.34M
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	242K	268K	232K	328K	434K
Current Income Taxes Payable	-	510K	87K	-	192K
Unearned Revenue Current, Total	1.46M	1.11M	3.62M	6.07M	5.05M
Other Current Liabilities	16.06M	16.38M	14.76M	7.74M	4.65M
Total Current Liabilities	21.94M	25.78M	24.69M	18.6M	20.58M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	217K	967K	1.72M	1.75M	2.23M
Deferred Tax Liability Non Current	-	736K	669K	383K	263K
Other Non Current Liabilities	150K	2.42M	1.98M	647K	25K
Total Liabilities	22.3M	29.9M	29.05M	21.38M	23.09M
Common Stock, Total	64.07M	65.25M	65.81M	66.1M	66.44M
Additional Paid In Capital	2.4M	4.28M	4.89M	5.05M	5.13M
Retained Earnings	-10.17M	-15.67M	-45.25M	-47.12M	-48.16M
Comprehensive Income and Other	179K	-378K	-153K	-61K	268K
Total Common Equity	56.48M	53.48M	25.3M	23.98M	23.67M
Total Equity	56.48M	53.48M	25.3M	23.98M	23.67M
Total Liabilities And Equity	78.79M	83.39M	54.36M	45.35M	46.77M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	150M	152M	154M	157M	160M
ECS Total Common Shares Outstanding	150M	152M	154M	157M	158M
Book Value / Share	0.38	0.35	0.16	0.15	0.15
Tangible Book Value	39.58M	27.05M	14.69M	13.7M	13.24M
Tangible Book Value Per Share	0.26	0.18	0.1	0.09	0.08
Total Debt	459K	1.24M	1.95M	2.07M	2.66M
Net Debt	-31.01M	-20.15M	-9.84M	-14.09M	-15.04M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Others	785K	1.13M	2.06M	819K	1.74M
Machinery, Total	420K	1.06M	1.26M	1.16M	1.83M
Full Time Employees	82	131	141	92	113
Accumulated Allowance for Doubtful Accounts (Supple)	37K	970K	2.16M	1.1M	338K
Order Backlog	50.1M	27.7M	36M	21.8M	33.6M

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Net Income	-2.45M	-5.5M	-29.58M	-1.86M	-1.04M
Depreciation & Amortization - CF	320K	593K	610K	545K	584K
Amortization of Goodwill and Intangible Assets - (CF)	1.24M	1.72M	1.78M	565K	603K
Depreciation & Amortization, Total	1.56M	2.31M	2.38M	1.11M	1.19M
Amortization of Deferred Charges, Total - (CF)	9K	21K	-	-	-
Asset Writedown & Restructuring Costs	-	-	14.35M	-	-
Stock-Based Compensation (CF)	1.1M	1.98M	775K	444K	407K
Net Cash From Discontinued Operations	-	-	-	-713K	-
Other Operating Activities, Total	-60K	-2.99M	1.77M	-2.25M	946K
Change In Accounts Receivable	-7.53M	3.14M	3.86M	12.4M	-1.3M
Change In Inventories	-	-175K	-924K	1.2M	-918K
Change In Accounts Payable	-	352K	-3.3M	-8.02M	1.47M
Change in Unearned Revenues	-	1.24M	1.97M	2.14M	-1.29M
Change in Other Net Operating Assets	-3.1M	-340K	-303K	171K	1.79M
Cash from Operations	-10.48M	40K	-9M	4.62M	1.25M
Capital Expenditure	-187K	-515K	-197K	-75K	-626K
Cash Acquisitions	-	-7.81M	-	-	-
Divestitures	-	-	-	22K	-
Sale (Purchase) of Intangible assets	-30K	-	-	-	-
Other Investing Activities, Total	-	-1.58M	-114K	-	922K
Cash from Investing	-217K	-9.91M	-311K	-53K	296K
Long-Term Debt Repaid, Total	-6.32M	-309K	-302K	-251K	-385K
Total Debt Repaid	-6.32M	-309K	-302K	-251K	-385K
Issuance of Common Stock	34.05M	78K	37K	-	-
Other Financing Activities, Total	-2.01M	-	-	-27K	-
Cash from Financing	25.72M	-231K	-265K	-278K	-385K
Foreign Exchange Rate Adjustments	-	13K	-16K	92K	373K
Net Change in Cash	15.03M	-10.09M	-9.59M	4.38M	1.53M
Supplemental Items
Cash Interest Paid	39K	78K	81K	143K	165K
Cash Income Tax Paid (Refund)	-	-	-	-	1.05M
Levered Free Cash Flow	-9.75M	1.59M	-4.33M	6.05M	4.49M
Unlevered Free Cash Flow	-9.7M	1.66M	-4.28M	6.14M	4.59M
Change In Net Working Capital	10.79M	-1.79M	-1.01M	-6.72M	-3.16M
Net Debt Issued / Repaid	-6.32M	-309K	-302K	-251K	-385K

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Profitability
Return on Assets	-2.23	-4.84	-11.98	-4.14	1
Return on Total Capital	-3.04	-7.03	-20.12	-7.74	1.77
Return On Equity %	-5.95	-10.01	-75.09	-5.6	-4.37
Return on Common Equity	-5.95	-10.01	-75.09	-5.6	-4.37
Margin Analysis
Gross Profit Margin %	25.54	23.6	24.87	31.51	43.08
SG&A Margin	24.64	24.87	41.05	34.09	33.55
EBITDA Margin %	-1.53	-6.05	-19.29	-4.87	3.39
EBITA Margin %	-1.68	-6.4	-19.76	-5.28	3.02
EBIT Margin %	-3.93	-8.81	-22.83	-6.37	1.67
Income From Continuing Operations Margin %	-4.43	-7.73	-51.16	-2.66	-2.35
Net Income Margin %	-4.43	-7.73	-51.16	-3.6	-2.35
Net Avail. For Common Margin %	-4.43	-7.73	-51.16	-2.66	-2.35
Normalized Net Income Margin	-2.34	-3.42	-14.12	-0.58	1.54
Levered Free Cash Flow Margin	-17.62	2.23	-7.49	11.67	10.11
Unlevered Free Cash Flow Margin	-17.52	2.33	-7.4	11.85	10.34
Asset Turnover
Asset Turnover	0.91	0.88	0.84	1.04	0.96
Fixed Assets Turnover	73.36	58.88	28.15	22.47	16.17
Receivables Turnover (Average Receivables)	3.59	2.65	2.34	3.08	3.92
Inventory Turnover (Average Inventory)	34.22	56.87	27.22	24.63	19.79
Short Term Liquidity
Current Ratio	2.78	2.06	1.68	1.77	1.61
Quick Ratio	2.62	1.9	1.42	1.47	1.46
Operating Cash Flow to Current Liabilities	-0.48	0	-0.36	0.25	0.06
Days Sales Outstanding (Average Receivables)	101.77	137.72	156.22	118.83	93.1
Days Outstanding Inventory (Average Inventory)	10.67	6.42	13.41	14.86	18.44
Average Days Payable Outstanding	5.89	15.14	28.59	32.03	61.28
Cash Conversion Cycle (Average Days)	106.55	129	141.05	101.66	50.26
Long Term Solvency
Total Debt/Equity	0.81	2.31	7.71	8.65	11.25
Total Debt / Total Capital	0.81	2.26	7.16	7.96	10.11
LT Debt/Equity	0.38	1.81	6.79	7.28	9.42
Long-Term Debt / Total Capital	0.38	1.77	6.31	6.7	8.46
Total Liabilities / Total Assets	28.31	35.86	53.45	47.14	49.38
EBIT / Interest Expense	-24.98	-57.59	-157.11	-23.09	4.48
EBITDA / Interest Expense	-7.02	-36.39	-128.71	-15.33	11.68
(EBITDA - Capex) / Interest Expense	-9.17	-41.11	-131.06	-15.85	7.88
Total Debt / EBITDA	-0.75	-0.31	-0.18	-0.95	1.38
Net Debt / EBITDA	50.76	5.08	0.91	6.43	-7.8
Total Debt / (EBITDA - Capex)	-0.58	-0.28	-0.18	-0.91	2.05
Net Debt / (EBITDA - Capex)	38.86	4.5	0.89	6.22	-11.56
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	146	28.71	-18.84	-5.15	-14.26
Gross Profit, 1 Yr. Growth %	120.02	18.93	-14.47	20.02	17.21
EBITDA, 1 Yr. Growth %	-63.91	1.09K	158.88	-75.18	-159.67
EBITA, 1 Yr. Growth %	-61.26	899.78	150.54	-73.53	-149.07
EBIT, 1 Yr. Growth %	-40.32	271.64	110.24	-72.74	-122.41
Earnings From Cont. Operations, 1 Yr. Growth %	-0.85	124.69	437.33	-95.16	-24.49
Net Income, 1 Yr. Growth %	-0.85	124.69	437.33	-93.7	-44.07
Normalized Net Income, 1 Yr. Growth %	-18.6	144.94	235.08	-95.99	-327.03
Diluted EPS Before Extra, 1 Yr. Growth %	-36.01	100	383.12	-94.74	0
Accounts Receivable, 1 Yr. Growth %	425.6	5.15	-15.41	-51.64	6.65
Inventory, 1 Yr. Growth %	-51.66	43.82	82.73	-60.3	112.09
Net Property, Plant and Equip., 1 Yr. Growth %	-16.2	151.74	37.12	-5.77	45.62
Total Assets, 1 Yr. Growth %	82.49	5.84	-34.82	-16.56	3.12
Tangible Book Value, 1 Yr. Growth %	417.93	-31.65	-45.69	-6.73	-3.35
Common Equity, 1 Yr. Growth %	118.34	-5.31	-52.69	-5.24	-1.26
Cash From Operations, 1 Yr. Growth %	412.27	-100.38	-22.6K	-151.31	-72.99
Capital Expenditures, 1 Yr. Growth %	252.83	175.4	-61.75	-61.93	734.67
Levered Free Cash Flow, 1 Yr. Growth %	1.05K	-116.85	-372.13	-261.53	-25.75
Unlevered Free Cash Flow, 1 Yr. Growth %	1.7K	-117.67	-357.8	-266.11	-25.15
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	146.32	77.94	2.2	-14.71	-9.82
Gross Profit, 2 Yr. CAGR %	107.92	61.76	0.86	-1.45	18.61
EBITDA, 2 Yr. CAGR %	-34.09	35.47	454.99	-23.48	-61.51
EBITA, 2 Yr. CAGR %	-31.43	37.74	400.48	-22.52	-63.96
EBIT, 2 Yr. CAGR %	-10.11	31.3	179.53	-27.47	-75.28
Earnings From Cont. Operations, 2 Yr. CAGR %	-30.37	49.26	247.47	-49.93	-80.89
Net Income, 2 Yr. CAGR %	-30.37	49.26	247.47	-41.83	-81.23
Normalized Net Income, 2 Yr. CAGR %	-37.59	23.65	186.49	-64.87	-69.84
Diluted EPS Before Extra, 2 Yr. CAGR %	-67.23	22.59	210.84	-50	-77.06
Accounts Receivable, 2 Yr. CAGR %	185.53	136.32	-6.97	-36.04	-28.18
Inventory, 2 Yr. CAGR %	87.62	-16.62	62.11	-14.83	-8.24
Net Property, Plant and Equip., 2 Yr. CAGR %	-14.76	45.25	85.8	13.67	17.14
Total Assets, 2 Yr. CAGR %	72.21	38.98	-16.94	-26.25	-7.24
Tangible Book Value, 2 Yr. CAGR %	84.16	88.15	-39.07	-28.83	-5.06
Common Equity, 2 Yr. CAGR %	170.87	43.79	-33.07	-33.05	-3.27
Cash From Operations, 2 Yr. CAGR %	93.05	-86.01	-7.32	974.36	-62.78
Capital Expenditures, 2 Yr. CAGR %	99.47	211.72	2.64	-61.84	78.26
Levered Free Cash Flow, 2 Yr. CAGR %	107.33	37.09	-32.29	94.94	9.52
Unlevered Free Cash Flow, 2 Yr. CAGR %	95.11	75.71	-32.51	92.3	11.51
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	98.4	36.97	-2.17	-14.56
Gross Profit, 3 Yr. CAGR %	-	72.59	30.8	4.92	4.42
EBITDA, 3 Yr. CAGR %	-	30.23	68.11	90.99	-29.57
EBITA, 3 Yr. CAGR %	59	32.05	68.14	81.73	-33.46
EBIT, 3 Yr. CAGR %	110.91	32.65	53.61	25.04	-50.97
Earnings From Cont. Operations, 3 Yr. CAGR %	119.52	2.9	128.76	-17.41	-42.58
Net Income, 3 Yr. CAGR %	119.52	2.9	128.76	-8.73	-42.58
Normalized Net Income, 3 Yr. CAGR %	107.7	-9.9	72.39	-32.88	-34.56
Diluted EPS Before Extra, 3 Yr. CAGR %	-28.36	-36.82	93.64	-20.63	-37
Accounts Receivable, 3 Yr. CAGR %	-	105.37	66.27	-25.2	-24.16
Inventory, 3 Yr. CAGR %	-	71.71	8.3	1.42	15.44
Net Property, Plant and Equip., 3 Yr. CAGR %	-	22.29	42.49	48.17	23.46
Total Assets, 3 Yr. CAGR %	430.4	46.42	7.98	-16.81	-17.53
Tangible Book Value, 3 Yr. CAGR %	349.09	32.34	24.34	-29.78	-21.19
Common Equity, 3 Yr. CAGR %	405.6	90.82	-0.73	-24.85	-23.79
Cash From Operations, 3 Yr. CAGR %	470.57	-75.77	63.87	-23.9	214.73
Capital Expenditures, 3 Yr. CAGR %	-	122.11	54.9	-26.25	6.72
Levered Free Cash Flow, 3 Yr. CAGR %	-	-11.14	72.29	-13.82	41.31
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-13.3	99.66	-13.23	40.41
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	41.54	14.58
Gross Profit, 5 Yr. CAGR %	-	-	-	37.94	24.4
EBITDA, 5 Yr. CAGR %	-	-	-	5.28	-8.5
EBITA, 5 Yr. CAGR %	-	-	118.07	6.69	-10.98
EBIT, 5 Yr. CAGR %	-	-	124.46	4.19	-27.29
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	163.79	-22.86	-15.86
Net Income, 5 Yr. CAGR %	-	-	163.79	-18.09	-15.86
Normalized Net Income, 5 Yr. CAGR %	-	-	123.99	-38.18	-15.59
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	33.07	-42.46	-17.78
Accounts Receivable, 5 Yr. CAGR %	-	-	-	28.09	18.84
Inventory, 5 Yr. CAGR %	-	-	-	29.72	1.35
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	18.77	31.75
Total Assets, 5 Yr. CAGR %	-	-	152.65	11.29	1.61
Tangible Book Value, 5 Yr. CAGR %	-	-	101.99	3.26	11.63
Common Equity, 5 Yr. CAGR %	-	-	125.18	25.51	-1.76
Cash From Operations, 5 Yr. CAGR %	-	-	175.79	10.43	-9.42
Capital Expenditures, 5 Yr. CAGR %	-	-	-	9.8	63.86
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	21.67	39.6
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	19.23	53.59