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 > Quick Q3 analysis: It's all pretty meh.

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Comment by bmbruceon Nov 10, 2021 8:34am

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Post# 34108893

RE:RE:RE:Quick Q3 analysis: It's all pretty meh.

GRN is a growing company in a fast growing sector as reflected in their sales order backlog and the relative sales pipeline of industry over the past 5 quarters

Q3 2021

Record sales order backlog2 of $47.1 million as at September 30, 2021.

Sales pipeline3 valued at over $850 million as at September 30, 2021.

Q2 2021

Sales order backlog3 of $41.9 million as at June 30, 2021.

Sales pipeline4 valued at over $800 million as at June 30, 2021.

Q1 2021

Sales order backlog3 of $37.7 million as at March 31, 2021.

Sales pipeline4, valued at over $715 million as at March 31, 2021.

Q4 2020

Record sales order backlog3 of $45.7 million at year end

Sales pipeline4, valued at over $720 million as at December 31, 2020

Q3 2020