Bullboard - Stock Discussion Forum Greenlane Renewables Inc T.GRN

Alternate Symbol(s): GRNWF

Energy Technology

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

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TSX:GRN - Post Discussion

Greenlane Renewables Inc > earnings

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Post by 1troffer on Mar 12, 2021 3:57pm

earnings

The next time someone says earnings arent important, you may wanna steer clear of that advice

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Comment by Speciallygood on Mar 12, 2021 4:02pm

This company is barely 2 years old...WTF you think ...they're going to magically be a hundred million dollar profit company overnight...give yor head a shake......they are doing great and I could not care less what you want to say on this Board !

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Comment by Renofund on Mar 12, 2021 4:07pm

Eanrings were fine LOL. They were as expected. They did exactly what they said they were going to do. This drop was NOT attributed to their earnings.

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Comment by 1troffer on Mar 12, 2021 4:29pm

Really? what was it attributed to? Is it just coincidence that they had a 2.5 million dollar loss last year and sp tanked? Oh Okay........

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Comment by GoldenArm on Mar 12, 2021 4:54pm

Expectations were for flat EPS but it came out at -0.01. This company is watching the Pipline money increase every year, now $720M, and they are fishing in that pond and it is OBVIOUS that as it increases so do Greenlanes revenues. Highlights from Earnings and not Conf Call Record revenue of $8.8 million, an increase of 167% over the $3.3 million reported in the fourth quarter of 2019 ...more

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Comment by Renofund on Mar 12, 2021 5:26pm

Hey, that's what makes a market ... two parities disagreeing on what the company is worth. Have a good weekend.

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Comment by DougInGreen on Mar 12, 2021 4:53pm

Sorry who said that? Company will be profitable at 30 million, but SG&A is going to involve step costs so I would expect to see about the same net income at 40 million sales as I would 60 million, with net income not growing again until 80 million or so sales (just ballpark numbers). Also if there are things you don't understand on the financial statements maybe just ask?

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Comment by 1troffer on Mar 12, 2021 8:09pm

E:RE:RE:RE:RE:RE:2 plus mill loss 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.

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