Greenlane Financial Statements From 2010 to 2025

GNLN Stock  USD 1.47  0.01  0.68%   
Greenlane Holdings financial statements provide useful quarterly and yearly information to potential Greenlane Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Greenlane Holdings financial statements helps investors assess Greenlane Holdings' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Greenlane Holdings' valuation are summarized below:
Gross Profit
10.3 M
Profit Margin
(0.67)
Market Capitalization
M
Enterprise Value Revenue
0.4925
Revenue
29.4 M
We have found one hundred twenty available fundamental trends for Greenlane Holdings, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Greenlane Holdings' regular fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 1st of February 2025, Market Cap is likely to drop to about 2.3 M. In addition to that, Enterprise Value is likely to drop to about 11.8 M

Greenlane Holdings Total Revenue

62.1 Million

Check Greenlane Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greenlane Holdings' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 15.7 M or Interest Expense of 5.7 M, as well as many indicators such as Price To Sales Ratio of 0.0346, Dividend Yield of 0.0075 or PTB Ratio of 0.2. Greenlane financial statements analysis is a perfect complement when working with Greenlane Holdings Valuation or Volatility modules.
  
Check out the analysis of Greenlane Holdings Correlation against competitors.
To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.

Greenlane Holdings Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets36.2 M38.1 M71.7 M
Slightly volatile
Other Current Liabilities2.3 M2.4 M4.7 M
Slightly volatile
Total Current Liabilities35.8 M26.1 M23 M
Slightly volatile
Accounts Payable16.5 M12.1 M11.2 M
Slightly volatile
Cash439.9 K463 K7.9 M
Pretty Stable
Long Term Debt14.2 M15 MM
Slightly volatile
Cash And Short Term Investments439.9 K463 K7.9 M
Pretty Stable
Net Receivables1.6 M1.7 M4.2 M
Slightly volatile
Long Term Debt Total16.6 M10.2 M8.4 M
Slightly volatile
Inventory36.4 M20.5 M23 M
Slightly volatile
Other Current Assets13.4 MM8.2 M
Slightly volatile
Total Liabilities52.3 M27.1 M33.2 M
Slightly volatile
Long Term Investments64.1 K67.5 K484.5 K
Slightly volatile
Short and Long Term Debt8.8 M8.4 M2.8 M
Slightly volatile
Total Current Assets28.3 M29.8 M43.6 M
Slightly volatile
Short Term Debt4.4 M8.2 M2.8 M
Slightly volatile
Intangible Assets59.5 M56.7 M20.5 M
Slightly volatile
Property Plant Equipment36.2 M34.5 M13 M
Slightly volatile
Short and Long Term Debt Total15.5 M9.2 M11 M
Slightly volatile
Property Plant And Equipment Net4.2 M4.4 M7.3 M
Slightly volatile
Current Deferred Revenue3.9 M2.8 M2.3 M
Slightly volatile
Non Current Assets Total7.9 M8.3 M28.3 M
Slightly volatile
Non Currrent Assets Other3.3 M3.9 M1.7 M
Slightly volatile
Other Assets133.3 K140.3 K534.4 K
Pretty Stable
Common Stock Shares Outstanding344.8 K363 K550.6 K
Slightly volatile
Liabilities And Stockholders Equity36.2 M38.1 M77.7 M
Slightly volatile
Non Current Liabilities Total960.5 KM8.7 M
Pretty Stable
Capital Lease Obligations3.9 M2.2 MM
Slightly volatile
Deferred Long Term Liabilities85.8 K105.9 K78.5 K
Slightly volatile
Net Invested Capital20.1 M21.2 M33.7 M
Slightly volatile
Property Plant And Equipment Gross15.4 M12.6 M8.1 M
Slightly volatile
Net Working Capital3.1 M3.3 M19 M
Slightly volatile
Other Liabilities1.2 M1.2 M6.3 M
Slightly volatile
Capital Surpluse25.7 M28.9 M31.5 M
Slightly volatile
Non Current Liabilities Other855900557.5 K
Slightly volatile

Greenlane Holdings Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income15.7 M15 M6.3 M
Slightly volatile
Selling General Administrative23 M24.2 M33.4 M
Slightly volatile
Total Revenue62.1 M65.4 M101.6 M
Slightly volatile
Cost Of Revenue117.5 M67.2 M86.8 M
Slightly volatile
Total Operating Expenses23 M24.2 M58.2 M
Slightly volatile
Minority Interest128.2 K135 K62.9 M
Slightly volatile
Other Operating Expenses86.9 M91.5 M127.3 M
Slightly volatile
Reconciled Depreciation3.7 M2.6 M2.2 M
Slightly volatile
Selling And Marketing ExpensesM2.5 M4.1 M
Slightly volatile

Greenlane Holdings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow15.6 M12.2 M9.1 M
Slightly volatile
Depreciation4.1 M2.2 M2.5 M
Slightly volatile
Capital Expenditures956.6 KM1.8 M
Slightly volatile
End Period Cash Flow439.9 K463 K8.6 M
Slightly volatile
Stock Based Compensation269.8 K284 K3.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.03460.03641.7332
Slightly volatile
Dividend Yield0.00750.00480.0057
Slightly volatile
Days Sales Outstanding13.138.5112.3003
Slightly volatile
Average Payables11.2 M16.1 M13.4 M
Slightly volatile
Stock Based Compensation To Revenue0.00470.0050.0196
Slightly volatile
Capex To Depreciation0.490.520.8655
Pretty Stable
Inventory Turnover4.583.775.9117
Slightly volatile
Days Of Inventory On Hand83.0310078.8666
Slightly volatile
Payables Turnover8.686.399.6611
Slightly volatile
Sales General And Administrative To Revenue0.260.330.2265
Slightly volatile
Average Inventory17.5 M19.6 M21.4 M
Slightly volatile
Capex To Revenue0.01640.01390.0126
Slightly volatile
Cash Per Share1.391.471.3 K
Pretty Stable
Days Payables Outstanding42.459.1343.592
Slightly volatile
Income Quality0.06060.063813.6684
Slightly volatile
Intangibles To Total Assets0.180.30.2591
Pretty Stable
Current Ratio2.241.311.8267
Pretty Stable
Receivables Turnover29.0144.4136.479
Slightly volatile
Graham Number2112225.4 K
Slightly volatile
Capex Per Share3.033.19237
Very volatile
Average Receivables3.4 M5.4 M4.1 M
Slightly volatile
Revenue Per Share19720714.5 K
Slightly volatile
Interest Debt Per Share43.9946.31.4 K
Very volatile
Debt To Assets0.210.280.1901
Very volatile
Operating Cycle96.1610991.1669
Slightly volatile
Days Of Payables Outstanding42.459.1343.592
Slightly volatile
Ebt Per Ebit1.161.121.4577
Slightly volatile
Long Term Debt To Capitalization0.130.140.2507
Very volatile
Total Debt To Capitalization0.440.520.3646
Pretty Stable
Quick Ratio0.390.410.7611
Pretty Stable
Net Income Per E B T0.660.90.6805
Slightly volatile
Cash Ratio0.01940.02040.322
Very volatile
Cash Conversion Cycle53.7649.6747.5748
Slightly volatile
Days Of Inventory Outstanding83.0310078.8666
Slightly volatile
Days Of Sales Outstanding13.138.5112.3003
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.951.411.1072
Slightly volatile
Fixed Asset Turnover16.1917.0497.6382
Slightly volatile
Debt Ratio0.210.280.1901
Very volatile
Price Sales Ratio0.03460.03641.7332
Slightly volatile
Asset Turnover2.071.972.754
Slightly volatile

Greenlane Holdings Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.3 M2.4 M131.9 M
Slightly volatile

Greenlane Fundamental Market Drivers

Forward Price Earnings192.3077
Cash And Short Term Investments463 K

Greenlane Upcoming Events

1st of April 2024
Upcoming Quarterly Report
View
20th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Greenlane Holdings Financial Statements

Greenlane Holdings investors utilize fundamental indicators, such as revenue or net income, to predict how Greenlane Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.8 M3.9 M
Total Revenue65.4 M62.1 M
Cost Of Revenue67.2 M117.5 M
Sales General And Administrative To Revenue 0.33  0.26 
Capex To Revenue 0.01  0.02 
Revenue Per Share 207.11  196.75 
Ebit Per Revenue(0.46)(0.44)

Pair Trading with Greenlane Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Greenlane Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Greenlane Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against Greenlane Stock

  0.82GLBE Global E OnlinePairCorr
  0.76RH RHPairCorr
  0.66GAP Gap, Symbol ChangePairCorr
  0.64VSCO Victorias SecretPairCorr
  0.51ETSY Etsy IncPairCorr
The ability to find closely correlated positions to Greenlane Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenlane Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Greenlane Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Greenlane Holdings to buy it.
The correlation of Greenlane Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Greenlane Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenlane Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Greenlane Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Greenlane Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greenlane Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greenlane Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greenlane Holdings Stock:
Check out the analysis of Greenlane Holdings Correlation against competitors.
To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenlane Holdings. If investors know Greenlane will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenlane Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(117.59)
Revenue Per Share
61.566
Quarterly Revenue Growth
(0.86)
Return On Assets
(0.23)
Return On Equity
(1.42)
The market value of Greenlane Holdings is measured differently than its book value, which is the value of Greenlane that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlane Holdings' value that differs from its market value or its book value, called intrinsic value, which is Greenlane Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenlane Holdings' market value can be influenced by many factors that don't directly affect Greenlane Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenlane Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlane Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlane Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.