Financial Snapshot

Revenue
$29.37M
TTM
Gross Margin
35.36%
TTM
Net Earnings
-$19.56M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
95.98%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$5.954M
Q2 2024
Cash
Q2 2024
P/E
-0.1500
Sep 13, 2024 EST
Free Cash Flow
-$7.681M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $65.37M $137.1M $166.1M $138.3M $185.0M $178.9M $88.30M $66.70M
YoY Change -52.31% -17.45% 20.07% -25.24% 3.39% 102.64% 32.38%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $65.37M $137.1M $166.1M $138.3M $185.0M $178.9M $88.30M $66.70M
Cost Of Revenue $47.55M $112.1M $138.4M $115.5M $153.9M $143.2M $67.70M $51.70M
Gross Profit $17.83M $24.98M $27.68M $22.77M $31.09M $35.74M $20.60M $15.00M
Gross Profit Margin 27.27% 18.22% 16.67% 16.46% 16.8% 19.97% 23.33% 22.49%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $41.67M $74.29M $69.21M $49.70M $53.30M $36.70M $17.10M $14.30M
YoY Change -43.91% 7.34% 39.26% -6.75% 45.23% 114.62% 19.58%
% of Gross Profit 233.74% 297.36% 250.05% 218.32% 171.44% 102.7% 83.01% 95.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.200M $3.300M $2.100M $1.100M $1.200M $400.0K $790.0K $570.0K
YoY Change -33.33% 57.14% 90.91% -8.33% 200.0% -49.37% 38.6%
% of Gross Profit 12.34% 13.21% 7.59% 4.83% 3.86% 1.12% 3.83% 3.8%
Operating Expenses $43.91M $152.7M $80.40M $71.74M $56.01M $38.22M $17.80M $14.90M
YoY Change -71.25% 89.94% 12.07% 28.08% 46.57% 114.7% 19.46%
Operating Profit -$26.08M -$127.7M -$52.72M -$48.98M -$24.92M -$2.481M $2.800M $100.0K
YoY Change -79.58% 142.28% 7.65% 96.5% 904.59% -188.61% 2700.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense -$5.450M $2.450M $574.0K $437.0K $975.0K $3.192M -$300.0K -$200.0K
YoY Change -322.45% 326.83% 31.35% -55.18% -69.45% -1164.0% 50.0%
% of Operating Profit -10.71% -200.0%
Other Income/Expense, Net -$6.241M $1.863M -$691.0K $1.465M -$3.965M -$3.088M $0.00 $300.0K
YoY Change -435.0% -369.61% -147.17% -136.95% 28.4% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$32.33M -$125.9M -$53.41M -$47.51M -$28.89M -$5.569M $2.500M $200.0K
YoY Change -74.32% 135.66% 12.42% 64.46% 418.75% -322.76% 1150.0%
Income Tax -$13.00K $10.00K $194.0K $10.94M $319.0K $200.0K $100.0K
% Of Pretax Income 8.0% 50.0%
Net Earnings -$32.18M -$115.8M -$30.58M -$14.52M -$28.82M -$5.888M $2.300M $100.0K
YoY Change -72.21% 278.51% 110.67% -49.62% 389.4% -356.0% 2200.0%
Net Earnings / Revenue -49.22% -84.44% -18.42% -10.5% -15.58% -3.29% 2.6% 0.15%
Basic Earnings Per Share -$8.16 -$15.37 -$0.79 -$1.22
Diluted Earnings Per Share -$8.16 -$15.37 -$0.79 -$1.22 -$307.7K -$63.17K $24.63K $1.071K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $463.0K $6.458M $12.86M $30.40M $47.80M $7.300M $2.100M $1.700M
YoY Change -92.83% -49.77% -57.71% -36.4% 554.79% 247.62% 23.53%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $5.777M $21.61M $30.21M $23.30M $16.00M $12.00M $3.300M $1.400M
YoY Change -73.27% -28.45% 29.65% 45.63% 33.33% 263.64% 135.71%
Inventory $20.53M $40.64M $66.98M $36.10M $43.10M $29.50M $14.20M $5.600M
Prepaid Expenses
Receivables $1.693M $6.468M $14.69M $6.300M $8.100M $8.200M $3.800M $1.300M
Other Receivables $1.307M $1.521M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $29.77M $76.70M $124.7M $96.10M $115.0M $57.10M $23.30M $10.00M
YoY Change -61.19% -38.51% 29.8% -16.43% 101.4% 145.06% 133.0%
Property, Plant & Equipment $4.412M $14.50M $29.98M $15.30M $17.90M $11.60M $600.0K $400.0K
YoY Change -69.58% -51.62% 95.94% -14.53% 54.31% 1833.33% 50.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.900M $2.500M $2.500M $100.0K $900.0K $900.0K
YoY Change -24.0% 0.0% -88.89% 0.0%
Other Assets $2.012M $3.078M $2.041M $2.000M $2.100M $100.0K $100.0K
YoY Change -34.63% 50.81% 2.05% -4.76% 2000.0% 0.0%
Total Long-Term Assets $8.324M $69.35M $161.1M $26.60M $38.20M $20.90M $6.300M $6.000M
YoY Change -88.0% -56.95% 505.6% -30.37% 82.78% 231.75% 5.0%
Total Assets $38.09M $146.1M $285.8M $122.7M $153.2M $78.00M $29.60M $16.00M
YoY Change
Accounts Payable $12.10M $14.95M $23.04M $18.40M $11.30M $20.20M $15.50M $4.600M
YoY Change -19.06% -35.1% 25.22% 62.83% -44.06% 30.32% 236.96%
Accrued Expenses $2.541M $6.906M $13.36M $6.400M $10.10M $6.200M $2.400M $1.000M
YoY Change -63.21% -48.32% 108.78% -36.63% 62.9% 158.33% 140.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.290M $3.313M $11.78M $400.0K $300.0K $300.0K $100.0K $700.0K
YoY Change 120.04% -71.89% 2846.0% 33.33% 0.0% 200.0% -85.71%
Total Short-Term Liabilities $26.09M $35.66M $70.97M $41.90M $26.30M $30.40M $19.50M $6.400M
YoY Change -26.83% -49.75% 69.37% 59.32% -13.49% 55.9% 204.69%
Long-Term Debt $0.00 $13.07M $10.68M $8.000M $8.200M $48.60M $700.0K $2.100M
YoY Change -100.0% 22.38% 33.49% -2.44% -83.13% 6842.86% -66.67%
Other Long-Term Liabilities $1.011M $1.966M $7.816M $3.500M $4.500M
YoY Change -48.58% -74.85% 123.31% -22.22%
Total Long-Term Liabilities $1.011M $15.04M $18.50M $11.50M $12.70M $48.60M $700.0K $2.100M
YoY Change -93.28% -18.71% 60.83% -9.45% -73.87% 6842.86% -66.67%
Total Liabilities $26.97M $50.70M $111.3M $107.6M $130.8M $79.00M $20.20M $8.600M
YoY Change -46.8% -54.45% 3.44% -17.74% 65.57% 291.09% 134.88%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 3.993M shares 7.531M shares 38.60M shares 11.95M shares
Diluted Shares Outstanding 3.993M shares 7.531M shares 38.60M shares 11.95M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $2.9343 Million

About Greenlane Holdings Inc

Greenlane Holdings, Inc. distributes and supplies vaporization products and accessories for vape shops and dispensaries. The company is headquartered in Boca Raton, Florida and currently employs 145 full-time employees. The company went IPO on 2019-04-18. The firm provides a global platform for the development and distribution of cannabis accessories, vape devices, and lifestyle products. The firm operates through two segments: Consumer Goods and Industrial Goods. The Consumer Goods segment focuses on serving consumers across wholesale, retail and e-commerce operations through both its brands, including Eyce, DaVinci, Marley Natural, Keith Haring, and Higher Standards, as well as lifestyle products and accessories from brands, such as Storz and Bickel, Grenco Science, and more. The Industrial Goods segment focuses on serving the cannabis brands, operators, and retailers through its wholesale operations by providing ancillary products essential to their growth, such as customizable packaging and supply products, which includes its Greenlane Brand Pollen Gear and vaporization solutions offering, which includes CCELL branded products.

Industry: Wholesale-Durable Goods, NEC Peers: E-Qure Corp. SUIC Worldwide Holdings Ltd Cloudweb Inc Educational Development Corp Genuine Parts Co