Greenlane Holdings (GNLN) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
13.3M
Gross Profit
6.3M
47.32%
Operating Income
-11.7M
-87.85%
Net Income
-17.7M
-133.01%
EPS (Diluted)
-$14.56
Balance Sheet Metrics
Total Assets
28.6M
Total Liabilities
22.3M
Shareholders Equity
6.3M
Debt to Equity
3.56
Cash Flow Metrics
Operating Cash Flow
-8.1M
Free Cash Flow
-7.0M
Revenue & Profitability Trend
Greenlane Holdings Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 13.3M | 65.4M | 137.1M | 166.1M | 138.3M |
| Cost of Goods Sold | 7.0M | 47.5M | 112.1M | 132.2M | 115.5M |
| Gross Profit | 6.3M | 17.8M | 25.0M | 33.9M | 22.8M |
| Operating Expenses | 17.1M | 41.7M | 72.3M | 81.9M | 60.2M |
| Operating Income | -11.7M | -26.1M | -54.7M | -52.7M | -40.0M |
| Pre-tax Income | -17.7M | -32.3M | -182.2M | -53.4M | -47.5M |
| Income Tax | 0 | 0 | -13.0K | 10.0K | 194.0K |
| Net Income | -17.7M | -32.3M | -182.2M | -53.4M | -47.7M |
| EPS (Diluted) | -$14.56 | -$89.76 | -$1,690.70 | -$1,738.00 | -$2,684.00 |
Income Statement Trend
Greenlane Holdings Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 23.8M | 29.8M | 76.7M | 124.7M | 96.1M |
| Non-Current Assets | 4.9M | 8.3M | 13.0M | 161.1M | 26.6M |
| Total Assets | 28.6M | 38.1M | 89.7M | 285.8M | 122.6M |
| Liabilities | |||||
| Current Liabilities | 22.3M | 26.1M | 35.7M | 71.0M | 41.9M |
| Non-Current Liabilities | 83.0K | 1.0M | 15.0M | 18.5M | 11.5M |
| Total Liabilities | 22.3M | 27.1M | 50.7M | 89.5M | 53.4M |
| Equity | |||||
| Total Shareholders Equity | 6.3M | 11.0M | 39.0M | 196.4M | 69.3M |
Balance Sheet Composition
Greenlane Holdings Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -17.7M | -32.3M | -182.2M | -53.4M | -47.7M |
| Operating Cash Flow | -8.1M | 1.8M | -155.5M | -31.1M | -36.0M |
| Investing Activities | |||||
| Capital Expenditures | -244.0K | -1.0M | -2.8M | -4.4M | -1.8M |
| Investing Cash Flow | -244.0K | 30.0K | 12.7M | -19.4M | -3.6M |
| Financing Activities | |||||
| Dividends Paid | - | - | 0 | -200.0K | -604.0K |
| Financing Cash Flow | 5.6M | -12.3M | 10.5M | 37.6M | -1.1M |
| Free Cash Flow | -7.0M | -2.8M | -29.2M | -42.0M | -14.6M |
Cash Flow Trend
Greenlane Holdings Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
0.10
Forward P/E
-0.58
Price to Book
0.00
Price to Sales
0.45
PEG Ratio
-0.58
Profitability Ratios
Profit Margin
-173.31%
Operating Margin
-236.56%
Return on Equity
-114.52%
Return on Assets
-19.06%
Financial Health
Current Ratio
2.25
Debt to Equity
3.37
Beta
1.52
Per Share Data
EPS (TTM)
-$1,530.90
Book Value per Share
$2,096.71
Revenue per Share
$2.36
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| gnln | 4.5M | 0.10 | 0.00 | -114.52% | -173.31% | 3.37 |
| Philip Morris | 285.3B | 28.91 | -32.16 | -71.27% | 19.80% | -5.56 |
| Altria Group | 101.9B | 10.15 | -29.26 | -513.53% | 50.44% | -7.53 |
| Ispire Technology | 161.2M | -10.67 | 10.89 | -110.82% | -19.32% | 51.12 |
| Kaival Brands | 5.8M | -0.31 | 0.54 | -88.92% | 37.83% | 7.21 |
| 22nd Century | 61.7M | 0.01 | 0.27 | -634.77% | -57.62% | 153.49 |
Financial data is updated regularly. All figures are in the company's reporting currency.