Greenlane Historical Income Statement
| GRN Stock | CAD 0.10 0.01 11.11% |
Historical analysis of Greenlane Renewables income statement accounts such as Depreciation And Amortization of 1.6 M or Interest Expense of 162.8 K can show how well Greenlane Renewables performed in making a profits. Evaluating Greenlane Renewables income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Greenlane Renewables's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Greenlane Renewables latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Greenlane Renewables is a good buy for the upcoming year.
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About Greenlane Income Statement Analysis
Greenlane Renewables Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Greenlane Renewables shareholders. The income statement also shows Greenlane investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Greenlane Renewables Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Greenlane Renewables. It is also known as Greenlane Renewables overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Greenlane Renewables' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Greenlane Renewables current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlane Renewables. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Greenlane Renewables' Tax Provision is very stable compared to the past year. As of the 10th of December 2024, Net Interest Income is likely to grow to about 736 K, while Depreciation And Amortization is likely to drop about 1.6 M.
Greenlane Renewables income statement Correlations
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Greenlane Renewables Account Relationship Matchups
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High Negative Relationship
Greenlane Renewables income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | (275K) | (78K) | (76K) | 16K | 481K | 505.1K | |
| Net Interest Income | (446K) | (495K) | 75K | 250K | 701K | 736.1K | |
| Depreciation And Amortization | 845K | 1.5M | 1.6M | 2.3M | 2.4M | 1.6M | |
| Interest Expense | 446K | 495K | 87K | 109K | 84K | 162.8K | |
| Selling General Administrative | 5.0M | 8.3M | 14.0M | 18.8M | 22.2M | 12.5M | |
| Total Revenue | 9.1M | 22.5M | 55.4M | 71.2M | 57.8M | 39.6M | |
| Gross Profit | 3.3M | 6.4M | 12.9M | 14.9M | 12.0M | 9.1M | |
| Other Operating Expenses | 11.8M | 26.1M | 57.5M | 78.6M | 71.0M | 45.0M | |
| Operating Income | (2.7M) | (3.6M) | (2.2M) | (7.9M) | (13.2M) | (12.5M) | |
| Net Income From Continuing Ops | (5.1M) | (2.5M) | (2.5M) | (5.5M) | (13.6M) | (12.9M) | |
| Ebit | (5.0M) | (3.6M) | (1.8M) | (7.0M) | (13.2M) | (12.5M) | |
| Ebitda | (4.1M) | (2.1M) | (233K) | (4.7M) | (10.8M) | (10.3M) | |
| Cost Of Revenue | 5.9M | 16.1M | 42.5M | 56.3M | 45.8M | 30.5M | |
| Total Operating Expenses | 6.0M | 10.1M | 15.1M | 22.3M | 25.2M | 14.4M | |
| Reconciled Depreciation | 845K | 1.5M | 1.6M | 2.3M | 2.1M | 1.5M | |
| Income Before Tax | (5.3M) | (2.5M) | (2.5M) | (5.5M) | (28.5M) | (27.1M) | |
| Total Other Income Expense Net | 77K | 1.6M | (428K) | 1.6M | (15.3M) | (14.5M) | |
| Net Income Applicable To Common Shares | (5.1M) | (2.5M) | (2.5M) | (5.5M) | (5.0M) | (5.2M) | |
| Net Income | (5.1M) | (2.5M) | (2.5M) | (5.5M) | (29.6M) | (28.1M) | |
| Income Tax Expense | (275K) | (78K) | (76K) | 16K | 1.1M | 1.2M |
Other Information on Investing in Greenlane Stock
Greenlane Renewables Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Greenlane Renewables shareholders. The income statement also shows Greenlane investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).