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 > Financials Released This Week

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Post by Lou793 on May 10, 2021 9:15am

Financials Released This Week

Financials released this Wednesday. If good news, will this be muted by the warrants that can be exercised until June 2nd.

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Comment by Airbud on May 10, 2021 11:40am

I expect we'll see good news on Wednesday. In Q1 2020 they reported $2.9M in rev which will be an easy comp. If you take a very simple approach...Brad has hinted at roughly $40M in rev for full year 2021...with a business/industry growing at this pace it is tough to predict seasonality but I do expect we'll see increased growth quarter over quarter as the year progresses. ...more

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Comment by Bubba35 on May 12, 2021 4:19pm

Results are out, 12M in revenue which should make all of us happy. Almost break even and a ton of cash on hand. Backlog is good and with a few more contract awards this thing is taking off. I'm definitely pleased with these numbers.

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Greenlane Renewables Inc