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 > the real problem is gross margin

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Comment by bmbruceon Jul 16, 2021 1:29pm

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Post# 33560267

RE:the real problem is gross margin

the average gross profit percentage for the manufacturing industry falls between 25-35%...you also have to consider the growing backlog of projects that they have together with an industry that is just beginning to take shape with strong support from governments throughout the world..so I would not judge this company solely on their current GPP which by the way is within the industry average..

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