Greenlane Renewables Inc T.GRN

revenues without earnings growth

[rational]

I've been following this story for over a year, and I'm concerned that I keep seeing revenue growth without corresponding earnings growth. 

Twice I've heard talk of recurring revenue models, but is there any talk of that now? I'm hoping I missed something, because I really like the tech; but not the bottome line results.

It reminds me of an industrial 3d metal printer manufacturer I followed: fantastic technology and R&D; lots of sales; but breakeven. The printer buyers's bottom line benefited from the tech; the manufacturer's didn't.

I want to see a model that will substantially, and sustainably, increase the book value per share.

[timjim0417]

This is a small cap. They are not there yet. Need to wait a couple years still. Covid and the economy and inflation can be partly to blame. I think they are doing well to maintain break even during this time. As supply chain issues dissipate, they should be able to improve earnings. Right now, they should focus on fulfilling contracts to the highest quality possible to build their resume so to

[Treasure2020]

Agree 100%   and....... also a raging war with Russia.

[AlwaysLong683]

rational, if you check page 4 of their April 2002 corporate presentation (found in the "Investors" section of their website), it states: "Expanding into recurring revenues and profits through deployment-of-development-capital model" Thus, it appears they are still committed to it, but perhaps not there yet....?

[AlwaysLong683]

Oops, typo - that should read April 2022