GREENLANE RENEWABLES INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.085 CAD | 0.00% |
|
-5.56% | -34.62% |
| Mar. 26 | Transcript : Greenlane Renewables Inc., Q4 2023 Earnings Call, Mar 26, 2024 | |
| Mar. 26 | Correction: Greenlane Renewables Announces Fourth Quarter And Fiscal Year 2023 Financial Results | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 28.72 | 227.7 | 186.2 | 74.5 | 19.97 | 13.1 | - | - |
| Enterprise Value (EV) 1 | 38.24 | 217.9 | 155.2 | 54.35 | 19.97 | 11.1 | 6.299 | 13.1 |
| P/E ratio | - | -77 x | -62 x | -12.3 x | -0.68 x | -2.83 x | -5.67 x | - |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 3.15 x | 10.1 x | 3.36 x | 1.05 x | 0.35 x | 0.21 x | 0.19 x | 0.17 x |
| EV / Revenue | 4.19 x | 9.68 x | 2.8 x | 0.76 x | 0.35 x | 0.18 x | 0.09 x | 0.17 x |
| EV / EBITDA | -28.4 x | -128 x | 313 x | -27.6 x | -1.99 x | -4.31 x | -4.34 x | 32.7 x |
| EV / FCF | -13.4 x | -104 x | -14.6 x | -114 x | - | 22.2 x | - | - |
| FCF Yield | -7.47% | -0.96% | -6.87% | -0.87% | - | 4.5% | - | - |
| Price to Book | - | 10.2 x | 3.3 x | 1.39 x | - | - | - | - |
| Nbr of stocks (in thousands) | 68,390 | 98,574 | 150,139 | 152,041 | 153,593 | 154,105 | - | - |
| Reference price 2 | 0.4200 | 2.310 | 1.240 | 0.4900 | 0.1300 | 0.0850 | 0.0850 | 0.0850 |
| Announcement Date | 4/28/20 | 3/11/21 | 3/10/22 | 3/9/23 | 3/26/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 9.123 | 22.5 | 55.35 | 71.24 | 57.82 | 63.22 | 70.15 | 78 |
| EBITDA 1 | -1.348 | -1.701 | 0.496 | -1.968 | -10.04 | -2.575 | -1.45 | 0.4 |
| EBIT 1 | -2.689 | -3.641 | -2.173 | -6.277 | -13.2 | -12.86 | - | - |
| Operating Margin | -29.47% | -16.18% | -3.93% | -8.81% | -22.83% | -20.35% | - | - |
| Earnings before Tax (EBT) 1 | - | - | -2.526 | -5.489 | -28.48 | -12.9 | - | - |
| Net income 1 | - | -2.471 | -2.45 | -5.505 | -29.58 | -5.85 | -2.4 | - |
| Net margin | - | -10.98% | -4.43% | -7.73% | -51.16% | -9.25% | -3.42% | - |
| EPS 2 | - | -0.0300 | -0.0200 | -0.0400 | -0.1900 | -0.0300 | -0.0150 | - |
| Free Cash Flow 1 | -2.858 | -2.098 | -10.66 | -0.475 | - | 0.5 | - | - |
| FCF margin | -31.33% | -9.32% | -19.26% | -0.67% | - | 0.79% | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 4/28/20 | 3/11/21 | 3/10/22 | 3/9/23 | 3/26/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 13.44 | 17.12 | 16.27 | 18.09 | 19.9 | 16.97 | 15.48 | 14.92 | 10.12 | 17.3 | 16.7 | 16.1 | 14.6 | 16.15 | - |
| EBITDA 1 | 0.083 | -0.21 | 0.03 | -0.429 | -0.116 | -1.984 | -1.717 | -1.519 | -4.478 | -2.323 | -1.275 | -0.6 | -0.4333 | -0.1 | -1 |
| EBIT | -0.608 | -0.951 | -1.458 | -2.653 | -0.822 | -1.344 | -2.692 | -3.41 | -5.154 | -1.941 | - | - | - | - | - |
| Operating Margin | -4.52% | -5.55% | -8.96% | -14.66% | -4.13% | -7.92% | -17.39% | -22.86% | -50.93% | -11.22% | - | - | - | - | - |
| Earnings before Tax (EBT) | 0.052 | -1.271 | -2.151 | -2.172 | 0.715 | -1.881 | -2.237 | -4.126 | -4.787 | -17.33 | - | - | - | - | - |
| Net income 1 | 0.052 | -1.195 | -2.151 | -2.172 | 0.563 | -1.745 | -2.319 | -4.419 | -5.029 | -17.81 | -2 | -1.7 | -1.5 | -0.6 | - |
| Net margin | 0.39% | -6.98% | -13.22% | -12.01% | 2.83% | -10.28% | -14.98% | -29.62% | -49.7% | -102.97% | -11.98% | -10.56% | -10.27% | -3.72% | - |
| EPS 2 | - | -0.0100 | -0.0100 | -0.0100 | - | -0.0200 | -0.0100 | -0.0300 | -0.0300 | -0.1100 | -0.0100 | -0.0100 | -0.0150 | - | -0.0100 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/9/21 | 3/10/22 | 5/12/22 | 8/9/22 | 11/8/22 | 3/9/23 | 5/11/23 | 8/14/23 | 11/9/23 | 3/26/24 | - | - | - | - | - |
1CAD in Million2CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 9.52 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 9.8 | 31 | 20.1 | - | 2 | 6.8 | - |
| Leverage (Debt/EBITDA) | -7.062 x | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -2.86 | -2.1 | -10.7 | -0.48 | - | 0.5 | - | - |
| ROE (net income / shareholders' equity) | - | -9.55% | -4.34% | -10% | - | -29.2% | -13.9% | - |
| ROA (Net income/ Total Assets) | - | - | -3.11% | - | - | -12.9% | -5.3% | - |
| Assets 1 | - | - | 78.79 | - | - | 45.35 | 45.28 | - |
| Book Value Per Share | - | 0.2300 | 0.3800 | 0.3500 | - | - | - | - |
| Cash Flow per Share 2 | -0.0700 | -0.0200 | -0.0700 | 0.2700 | - | -0.0400 | -0.0200 | - |
| Capex 1 | 0.05 | 0.05 | 0.19 | 0.52 | - | 0.75 | 0.75 | 2 |
| Capex / Sales | 0.52% | 0.24% | 0.34% | 0.72% | - | 1.19% | 1.07% | 2.56% |
| Announcement Date | 4/28/20 | 3/11/21 | 3/10/22 | 3/9/23 | 3/26/24 | - | - | - |
1CAD in Million2CAD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
0.085
CAD
Average target price
0.22
CAD
Spread / Average Target
+158.82%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -34.62% | 9.57M | |
| +5.43% | 1.88B | |
| -.--% | 209M | |
| -8.92% | 187M |
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- Financials Greenlane Renewables Inc.
