Greenlane Renewables Gross Profit vs. Revenue

GRN Stock  CAD 0.11  0.01  10.00%   
Based on Greenlane Renewables' profitability indicators, Greenlane Renewables may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Greenlane Renewables' ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
2019-06-30
Previous Quarter
4.5 M
Current Value
3.8 M
Quarterly Volatility
1.2 M
 
Covid
As of the 14th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.40, while Price To Sales Ratio is likely to drop 0.33. At this time, Greenlane Renewables' Net Interest Income is very stable compared to the past year. As of the 14th of December 2024, Income Tax Expense is likely to grow to about 1.2 M, though Accumulated Other Comprehensive Income is likely to grow to (145.3 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.30.2487
Fairly Up
Slightly volatile
For Greenlane Renewables profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greenlane Renewables to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greenlane Renewables utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greenlane Renewables's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greenlane Renewables over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Greenlane Renewables' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlane Renewables is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlane Renewables' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Greenlane Renewables Revenue vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Greenlane Renewables's current stock value. Our valuation model uses many indicators to compare Greenlane Renewables value to that of its competitors to determine the firm's financial worth.
Greenlane Renewables is one of the top stocks in gross profit category among its peers. It also is rated as one of the top companies in revenue category among its peers totaling about  3.44  of Revenue per Gross Profit. At this time, Greenlane Renewables' Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Greenlane Renewables by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Greenlane Renewables' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Greenlane Revenue vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Greenlane Renewables

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
16.81 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Greenlane Renewables

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
57.82 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Greenlane Revenue vs Competition

Greenlane Renewables is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Industrials industry is currently estimated at about 3.55 Billion. Greenlane Renewables claims roughly 57.82 Million in revenue contributing just under 2% to equities under Industrials industry.

Greenlane Renewables Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Greenlane Renewables, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greenlane Renewables will eventually generate negative long term returns. The profitability progress is the general direction of Greenlane Renewables' change in net profit over the period of time. It can combine multiple indicators of Greenlane Renewables, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-153 K-145.3 K
Net Interest Income701 K736 K
Operating Income-13.2 M-12.5 M
Net Loss-13.6 M-12.9 M
Income Before Tax-28.5 M-27.1 M
Total Other Income Expense Net-15.3 M-14.5 M
Net Loss-5 M-5.2 M
Net Loss-29.6 M-28.1 M
Income Tax Expense1.1 M1.2 M
Interest Income791 K961.6 K
Change To Netincome-909 K-863.5 K
Net Loss(0.19)(0.18)
Income Quality 0.30  0.29 
Net Income Per E B T 1.04  0.79 

Greenlane Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Greenlane Renewables. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Greenlane Renewables position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Greenlane Renewables' important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Greenlane Renewables without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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In addition to having Greenlane Renewables in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in Greenlane Stock

To fully project Greenlane Renewables' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Greenlane Renewables at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Greenlane Renewables' income statement, its balance sheet, and the statement of cash flows.
Potential Greenlane Renewables investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Greenlane Renewables investors may work on each financial statement separately, they are all related. The changes in Greenlane Renewables's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Greenlane Renewables's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.