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Bullboard - Stock Discussion Forum Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and... see more

TSX:GRN - Post Discussion

Greenlane Renewables Inc > 2 plus mill loss
View:
Post by 1troffer on Mar 11, 2021 4:38pm

2 plus mill loss

yikes
Comment by Lou793 on Mar 11, 2021 4:42pm
Only $8.8 mil in sales 
Comment by ZouZS3 on Mar 11, 2021 4:49pm
ouch
Comment by Bubba35 on Mar 11, 2021 4:54pm
Zero concern with these results.  They have the cash and significant backlog which is more than double last years volume with more awards to come.  This was expected. 
Comment by Renofund on Mar 11, 2021 4:55pm
  agreed.  NO surprises here if you knew what you were investing in
Comment by GoldenArm on Mar 11, 2021 4:58pm
Same here. Looks awesome with that backlog.
Comment by Walman1123 on Mar 11, 2021 5:00pm
I agree strong results with great top line growth. Exactly what we were looking for! 
Comment by GARP17 on Mar 11, 2021 5:03pm
Agreed considering they lost 5M+ in 2019. Also, their strong revenue growth, strong balance sheet, and positive EBITDA. IMO
Comment by Canadian_101 on Mar 11, 2021 5:53pm
This company is kicking butt big time, who cares about a small 2 million losss when you have millions in backlog orders, worldwide momentum for the products and services you offer, lots of cash on hand and the  USA planning on spending trillions  on climate change programs, incentives, tax breaks et cet , GRN has no place to go but UP UP and UP.
Comment by 1troffer on Mar 12, 2021 8:10pm
Comment by 1troffer on Mar 12, 2021 8:11pm
sorry, but earnings matter
Comment by VicVegas on Mar 12, 2021 8:54pm
except that the whole sector was down today and $XBC got hammered on their reporting which got felt here at open and unfortunately through the day.  Buy the dip I did multiple times today.  
Comment by Renofund on Mar 12, 2021 10:51pm
  well, if earnings arent up to your standards (LOL) you are free to sell and move on. The beauty of capital markets 
Comment by Billionaireboi on Mar 11, 2021 5:06pm
revenue up for 160% from Q4 2019... Net loss is only 1.2 mill for Q4 Sales order backlog up over 180% from Q4 2019 These results arent even bad... this is a growth stock in a growing industry that has alot of runway with huge tail winds. Management just needs to execute efficiently and investors will be handsomely rewarded.
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