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 sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is engaged in deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. It has delivered over 145 biogas upgrading systems into 19 countries and over 160 biogas desulfurization units.

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Greenlane Renewables Inc > 9 main reasons to love GRN and 4 main reasons to be worried

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Comment by mingzhuon Jun 18, 2021 4:17pm

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Post# 33412821

RE:9 main reasons to love GRN and 4 main reasons to be worried

one more worry: the gross margin is only 29%. That is why it made 4x revenue of 2.9m in comparabble quarters, it could not make even, not speak of profit. it has to be 35% to 40% gross margin.

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