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Greenlane Renewables Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Total Revenue 11.6M 15.1M 7.0M 8.5M 10.5M
Operating Revenue 11.6M 15.1M 7.0M 8.5M 10.5M
Cost Of Revenue 7.3M 7.9M 4.4M 4.9M 7.1M
Gross Profit 4.3M 7.2M 2.6M 3.6M 3.4M
Selling General And Administration 3.6M 3.7M 3.7M 3.6M 3.8M
General And Administrative Expense 3.4M 3.4M 3.5M 3.5M 3.5M
Research And Development 547,000 405,000 253,000 63,000 91,000
Depreciation And Amortization In Income Statement 45,000 45,000 54,000 54,000 54,000
Operating Expense 4.2M 4.2M 4.0M 3.7M 4.0M
Operating Income 106,000 3.0M -1.4M -58,000 -577,000
EBIT 558,000 2.8M -859,000 2.4M -1.9M
Interest Expense 40,000 39,000 32,000 35,000 36,000
Interest Expense Non Operating 40,000 39,000 32,000 35,000 36,000
Interest Income 70,000 85,000 94,000 206,000 87,000
Interest Income Non Operating 70,000 85,000 94,000 206,000 87,000
Net Interest Income 30,000 46,000 62,000 171,000 51,000
Other Income Expense 382,000 -238,000 462,000 2.3M -1.4M
Other Non Operating Income Expenses 23,000 -40,000 -26,000 278,000 59,000
Special Income Charges 0.00 -- -- 1.1M -1.5M
Restructuring And Mergern Acquisition 0.00 -- -- 130,000 518,000
Write Off 0.00 -- -- -1.2M 952,000
Gain On Sale Of Security 359,000 -198,000 488,000 947,000 25,000
Pretax Income 518,000 2.8M -891,000 2.4M -1.9M
Tax Provision 502,000 1.5M 124,000 322,000 245,000
Tax Effect Of Unusual Items 53,850 -29,700 73,200 269,409 -216,750
Net Income From Continuing And Discontinued Operation 16,000 1.3M -1.0M 2.1M -2.2M
Net Income From Continuing Operation Net Minority Interest 16,000 1.3M -1.0M 2.1M -2.2M
Net Income Including Noncontrolling Interests 16,000 1.3M -1.0M 2.1M -2.2M
Net Income Common Stockholders 16,000 1.3M -1.0M 2.1M -2.2M
Net Income 16,000 1.3M -1.0M 2.1M -2.2M
EBITDA 848,000 3.1M -586,000 2.7M -1.6M
Normalized EBITDA 489,000 3.3M -1.1M 702,000 -151,000
Reconciled Depreciation 290,000 282,000 273,000 276,000 280,000
Basic EPS 0.00 0.01 -0.01 -- -0.01
Diluted EPS 0.00 0.01 -0.01 -- -0.01
Basic Average Shares 157.3M 156.9M 156.8M -- 154.2M
Diluted Average Shares 165.6M 156.9M 156.8M -- 154.2M
Total Unusual Items 359,000 -198,000 488,000 2.0M -1.4M
Total Unusual Items Excluding Goodwill 359,000 -198,000 488,000 2.0M -1.4M
Tax Rate For Calcs 0.15 0.15 0.15 0.13 0.15
Normalized Income -289,150 1.4M -1.4M 338,409 -928,750
Depreciation Amortization Depletion Income Statement 45,000 45,000 54,000 54,000 54,000
Depreciation Income Statement 45,000 45,000 54,000 54,000 54,000
Diluted NI Availto Com Stockholders 16,000 1.3M -1.0M 2.1M -2.2M
Net Income Continuous Operations 16,000 1.3M -1.0M 2.1M -2.2M
Net Income Discontinuous Operations 0.00 -- -- 0.00 0.00
Net Non Operating Interest Income Expense 30,000 46,000 62,000 171,000 51,000
Other Gand A 3.3M 3.3M 3.5M -7.6M 3.4M
Reconciled Cost Of Revenue 7.0M 7.7M 4.2M 4.7M 6.9M
Salaries And Wages 107,000 134,000 72,000 10.2M 124,000
Selling And Marketing Expense 224,000 299,000 160,000 80,000 280,000
Total Expenses 11.4M 12.1M 8.4M 8.6M 11.1M
Total Operating Income As Reported 106,000 3.0M -1.4M -485,000 -1.1M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 19.3M 16.6M 16.2M 16.2M 15.4M
Cash Cash Equivalents And Short Term Investments 19.3M 16.6M 16.2M 16.2M 15.4M
Accounts Receivable 7.6M 10.1M 6.3M 6.9M 12.1M
Receivables 12.3M 14.2M 11.1M 12.8M 17.4M
Inventory 1.3M 1.5M 1.3M 819,000 1.8M
Other Current Assets 638,000 743,000 1.3M 933,000 1.0M
Current Assets 33.9M 34.7M 31.6M 32.8M 37.2M
Gross PPE 5.3M 5.2M 4.5M 4.4M 4.4M
Accumulated Depreciation -2.6M -2.5M -2.3M -2.2M -2.0M
Net PPE 2.7M 2.7M 2.2M 2.2M 2.4M
Goodwill 8.7M 8.5M 8.2M 7.9M 8.0M
Goodwill And Other Intangible Assets 10.8M 10.7M 10.5M 10.3M 10.5M
Other Intangible Assets 2.1M 2.2M 2.3M 2.3M 2.5M
Total Non Current Assets 13.4M 13.4M 12.7M 12.5M 12.9M
Total Assets 47.3M 48.1M 44.3M 45.4M 50.1M
Current Debt And Capital Lease Obligation 396,000 385,000 339,000 328,000 322,000
Accounts Payable 3.7M 3.7M 3.0M 2.9M 4.6M
Payables 4.6M 4.1M 3.0M 2.9M 4.3M
Payables And Accrued Expenses 13.6M 12.2M 10.3M 10.7M 16.7M
Current Accrued Expenses 8.9M 8.1M 7.4M 7.8M 12.4M
Current Deferred Revenue 5.0M 7.4M 7.5M 6.1M 6.3M
Current Liabilities 19.9M 21.0M 19.2M 18.6M 25.5M
Long Term Debt And Capital Lease Obligation 2.1M 2.2M 1.7M 1.7M 1.8M
Long Term Capital Lease Obligation 2.1M 2.2M 1.7M 1.7M 1.8M
Total Non Current Liabilities Net Minority Interest 2.6M 2.5M 2.1M 2.8M 2.4M
Total Liabilities Net Minority Interest 22.5M 23.5M 21.3M 21.4M 28.0M
Common Stock 66.4M 66.1M 66.1M 66.1M 65.9M
Capital Stock 66.4M 66.1M 66.1M 66.1M 65.9M
Additional Paid In Capital 5.1M 5.2M 5.1M 5.1M 5.4M
Retained Earnings -46.8M -46.9M -48.1M -47.1M -49.2M
Gains Losses Not Affecting Retained Earnings 208,000 121,000 -29,000 -61,000 56,000
Other Equity Adjustments 208,000 121,000 -29,000 -61,000 --
Common Stock Equity 24.8M 24.6M 23.1M 24.0M 22.2M
Stockholders Equity 24.8M 24.6M 23.1M 24.0M 22.2M
Total Equity Gross Minority Interest 24.8M 24.6M 23.1M 24.0M 22.2M
Total Capitalization 24.8M 24.6M 23.1M 24.0M 22.2M
Net Tangible Assets 14.1M 13.9M 12.6M 13.7M 11.6M
Tangible Book Value 14.1M 13.9M 12.6M 13.7M 11.6M
Working Capital 14.0M 13.7M 12.4M 14.2M 11.7M
Invested Capital 24.8M 24.6M 23.1M 24.0M 22.2M
Total Debt 2.5M 2.6M 2.0M 2.1M 2.2M
Share Issued 158.0M 156.9M 156.8M 156.7M 154.2M
Ordinary Shares Number 158.0M 156.9M 156.8M 156.7M 154.2M
Allowance For Doubtful Accounts Receivable -376,000 -1.3M -- -1.1M -4.1M
Capital Lease Obligations 2.5M 2.6M 2.0M 2.1M 2.2M
Current Capital Lease Obligation 396,000 385,000 339,000 328,000 322,000
Current Deferred Liabilities 5.8M 8.1M 8.2M 6.7M 7.9M
Current Provisions 203,000 205,000 333,000 836,000 671,000
Gross Accounts Receivable 8.0M 11.5M 6.3M 8.0M 16.2M
Income Tax Payable 905,000 375,000 -- -- -308,000
Long Term Provisions 25,000 -- -- -- --
Machinery Furniture Equipment 1.4M 1.3M 1.2M 1.2M 1.2M
Non Current Deferred Liabilities 422,000 356,000 367,000 1.0M 606,000
Non Current Deferred Taxes Liabilities 422,000 356,000 367,000 383,000 606,000
Notes Receivable 0.00 0.00 0.00 1.6M 0.00
Other Properties 3.9M 3.9M 3.3M 3.2M 3.3M
Other Receivables 4.7M 4.1M 4.8M 4.3M 5.3M
Raw Materials -- -- -- 819,000 --
Restricted Cash 418,000 1.7M 1.7M 2.1M 1.6M
Total Tax Payable 905,000 375,000 -- -- -308,000
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow 2.5M 592,000 -966,000 663,000 6.5M
Cash Flow From Continuing Operating Activities 2.5M 592,000 -966,000 663,000 6.5M
Depreciation And Amortization 290,000 282,000 273,000 276,000 280,000
Depreciation Amortization Depletion 290,000 282,000 273,000 276,000 280,000
Stock Based Compensation 107,000 134,000 72,000 -130,000 124,000
Deferred Tax 502,000 1.7M -24,000 -207,000 -16,000
Deferred Income Tax 502,000 1.7M -24,000 -207,000 -16,000
Change In Working Capital 2.0M -2.7M 190,000 1.4M 6.8M
Changes In Account Receivables 2.9M -4.0M 243,000 5.5M 5.7M
Change In Receivables 2.0M -3.5M 583,000 6.5M 10.7M
Change In Inventory 203,000 -221,000 -443,000 912,000 50,000
Change In Payables And Accrued Expense 262,000 671,000 -699,000 -5.0M -8.1M
Change In Other Working Capital -604,000 -222,000 1.1M -1.1M 3.7M
Other Non Cash Items -53,000 -6,000 -36,000 -391,000 555,000
Capital Expenditure -51,000 -60,000 -31,000 -9,000 --
Purchase Of PPE -51,000 -60,000 -31,000 -9,000 0.00
Net PPE Purchase And Sale -51,000 -60,000 -31,000 -9,000 0.00
Purchase Of Business 0.00 -- -- -- 0.00
Sale Of Business 0.00 -- -- 0.00 0.00
Investing Cash Flow -51,000 -60,000 891,000 -9,000 0.00
Cash Flow From Continuing Investing Activities -51,000 -60,000 891,000 -9,000 0.00
Repayment Of Debt -98,000 -90,000 -81,000 -79,000 -80,000
Net Issuance Payments Of Debt -98,000 -90,000 -81,000 -79,000 -80,000
Financing Cash Flow -98,000 -90,000 -81,000 -79,000 -80,000
Cash Flow From Continuing Financing Activities -98,000 -90,000 -81,000 -79,000 -80,000
Effect Of Exchange Rate Changes 321,000 -36,000 188,000 220,000 -118,000
Changes In Cash 2.3M 442,000 -156,000 575,000 6.4M
Beginning Cash Position 16.6M 16.2M 16.2M 15.4M 9.0M
End Cash Position 19.3M 16.6M 16.2M 16.2M 15.4M
Free Cash Flow 2.4M 532,000 -997,000 654,000 6.5M
Amortization Cash Flow 154,000 150,000 144,000 143,000 142,000
Amortization Of Intangibles 154,000 150,000 144,000 143,000 142,000
Asset Impairment Charge -- -- -- -952,000 952,000
Cash From Discontinued Financing Activities 0.00 0.00 0.00 0.00 0.00
Cash From Discontinued Investing Activities -- -- -- 0.00 --
Cash From Discontinued Operating Activities 0.00 0.00 0.00 0.00 0.00
Change In Prepaid Assets 105,000 570,000 -380,000 29,000 374,000
Depreciation 136,000 132,000 129,000 133,000 138,000
Interest Paid Cfo -39,000 -38,000 -32,000 -36,000 -35,000
Interest Received Cfo 70,000 85,000 94,000 148,000 65,000
Long Term Debt Payments -98,000 -90,000 -81,000 -79,000 -80,000
Net Business Purchase And Sale 0.00 -- -- 0.00 0.00
Net Foreign Currency Exchange Gain Loss -359,000 198,000 -488,000 -947,000 -25,000
Net Income From Continuing Operations 16,000 1.3M -1.0M 2.1M -2.2M
Net Long Term Debt Issuance -98,000 -90,000 -81,000 -79,000 -80,000
Net Other Investing Changes 0.00 685,000 922,000 -- --
Operating Gains Losses -359,000 198,000 -488,000 -947,000 -25,000
Proceeds From Stock Option Exercised -- -- 0.00 0.00 0.00
Taxes Refund Paid 0.00 -- -- -- 0.00
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