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Bullboard - Stock Discussion Forum Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

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

TSX:GRN - Post Discussion

Greenlane Renewables Inc > Show me the money
View:
Post by rational on May 11, 2024 5:26pm

Show me the money

I see there is a surge in interest following the quarterly release, but the only novel element (to me) is the vague mention of the beginnings of royalty payments. 

Though their public listing is relatively recent, they've been in business for a long time, so I'm unimpressed that they have not understood the financial implica of their contract structure before now. As a result, even new contracts won't mean anything to me, until I see a trend toward profitable execution. 


at this point, talk is cheap

Comment by longkk on May 13, 2024 10:52am
One can understand the hesitation to get too excited about Greenlane's latest quarterly release given their inconsistent profitability history. Achieving sustained net income profitability is absolutely the key milestone that will validate whether real financial progress is taking hold.   However, I don't think we should completely dismiss the developments disclosed as just ' ...more  
Comment by timjim0417 on May 15, 2024 11:13am
I thought so too. Nothing really changed. Only maybe they can start making money on some royalty and maintenance contracts. And like you said, they been doing this a long time so why are they not profitable?? You would think they would be costing out these systems to book profit but they are not even breaking even lol. It's bad, something is wrong. I am just holding for now. If the boat ...more  
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