GNLN - Greenlane Holdings Inc Stock Price, Fair Value and News

0.60USD-0.03 (-4.76%)Delayed as of 22 Apr 2024, 02:05 pm ET

Market Summary

USD0.60-0.03

Delayedas of 22 Apr 2024, 02:05 pm

-4.76%

GNLN Stock Price

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GNLN RSI Chart

GNLN Valuation

Market Cap

2.4M

Price/Earnings (Trailing)

-0.05

Price/Sales (Trailing)

0.03

EV/EBITDA

0.01

Price/Free Cashflow

-0.51

GNLN Price/Sales (Trailing)

GNLN Profitability

EBT Margin

-51.33%

Return on Equity

-319.34%

Return on Assets

-101.64%

Free Cashflow Yield

-196.54%

GNLN Fundamentals

GNLN Revenue

Revenue (TTM)

77.3M

Rev. Growth (Yr)

-58.86%

Rev. Growth (Qtr)

-39.87%

GNLN Earnings

Earnings (TTM)

-49.2M

Earnings Growth (Yr)

92.25%

Earnings Growth (Qtr)

-12.11%

Breaking Down GNLN Revenue

52 Week Range

0.61

(Low)(High)

Last 7 days

Last 30 days

18.9%

Last 90 days

37.0%

Trailing 12 Months

-79%

How does GNLN drawdown profile look like?

GNLN Financial Health

Current Ratio

1.18

Debt/Equity

1.18

Debt/Cashflow

-0.15

GNLN Investor Care

Shares Dilution (1Y)

395.85%

Diluted EPS (TTM)

220.39

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	114.5M	94.2M	77.3M	0
2022	178.6M	183.8M	171.2M	137.1M
2021	138.4M	140.8M	146.3M	166.1M
2020	169.0M	148.4M	139.3M	138.3M
2019	180.5M	182.0M	183.5M	185.0M
2018	0	0	0	178.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Greenlane Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 22, 2023	snyder craig a.	bought	384	0.32	1,200	chief executive officer
Dec 15, 2022	schoenfeld adam	sold	-	-	-76,136	-
Dec 15, 2022	uttz jeffrey j	sold	-810	0.45	-1,800	-
Dec 15, 2022	schoenfeld adam	acquired	-	-	76,136	-
Dec 06, 2022	reeve lana	acquired	-	-	50,000	see remarks.
Jul 19, 2022	locascio aaron	gifted	-	-	-9,592,830	-
Jul 19, 2022	jacoby & co. inc.	sold	-	-	-15,998,000	-
Jul 19, 2022	locascio aaron	sold	-	-	-9,592,830	-
Jul 19, 2022	schoenfeld adam	acquired	-	-	6,395,220	-

Which funds bought or sold GNLN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 09, 2024	American Capital Advisory, LLC	new	-	2.00	2.00	-%
Apr 05, 2024	CWM, LLC	unchanged	-	-	-	-%
Mar 11, 2024	VANGUARD GROUP INC	new	-	5,540	5,540	-%
Mar 05, 2024	TWIN FOCUS CAPITAL PARTNERS, LLC	new	-	36,908	36,908	0.01%
Feb 27, 2024	Beaird Harris Wealth Management, LLC	sold off	-100	-9.00	-	-%
Feb 26, 2024	Virtu Financial LLC	reduced	-48.19	-10,000	5,000	-%
Feb 14, 2024	MILLENNIUM MANAGEMENT LLC	added	16.31	-1,228	6,283	-%
Feb 14, 2024	CITADEL ADVISORS LLC	sold off	-100	-24,169	-	-%
Feb 14, 2024	Royal Bank of Canada	reduced	-47.35	-	-	-%
Feb 14, 2024	TWO SIGMA SECURITIES, LLC	sold off	-100	-9,144	-	-%

Are Funds Buying or Selling GNLN?

Are funds buying GNLN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GNLN

No. of Funds

Unveiling Greenlane Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	armistice capital, llc	9.99%	381,044	SC 13G
Feb 14, 2024	walleye capital llc	0.0%	0	SC 13G/A
Feb 05, 2024	hudson bay capital management lp	9.99%	294,806	SC 13G/A
Feb 15, 2023	walleye capital llc	6.89%	1,088,199	SC 13G
Feb 08, 2023	hudson bay capital management lp	9.99%	1,753,994	SC 13G
Feb 17, 2021	pura vida investments, llc	3.10%	404,679	SC 13G/A
Jan 11, 2021	moore capital management, lp	0.98%	128,000	SC 13G/A
Jun 09, 2020	blackrock inc.	4.4%	513,373	SC 13G/A
Feb 14, 2020	pura vida investments, llc	5.49%	549,017	SC 13G/A
Feb 07, 2020	blackrock inc.	5.1%	511,731	SC 13G

Recent SEC filings of Greenlane Holdings Inc

View All Filings

Date Filed	Form Type	Document
Apr 01, 2024	NT 10-K	NT 10-K
Mar 27, 2024	8-K	Current Report
Feb 26, 2024	8-K	Current Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 08, 2024	8-K	Current Report
Feb 05, 2024	SC 13G/A	Major Ownership Report
Jan 30, 2024	8-K	Current Report

Peers (Alternatives to Greenlane Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
PM	145.6B	46.5B	0.15%	-3.03%	18.63	3.13	7.19%	-13.65%
MO	74.3B	24.5B	-5.98%	-8.44%	9.13	3.03	-2.44%	41.05%
MID-CAP
SMALL-CAP
VGR	1.6B	1.4B	-5.69%	-19.75%	8.83	1.14	-1.16%	15.64%
UVV	1.3B	2.7B	0.39%	-4.66%	9.51	0.47	5.90%	38.36%
XXII	5.6M	32.2M	-26.13%	-99.03%	-0.1	0.18	-20.49%	-49.61%
HPCO	2.9M	2.5M	-58.16%	-84.80%	-0.37	1.15	-22.57%	-225.30%
GNLN	2.4M	77.3M	18.87%	-79.00%	-0.05	0.03	-54.81%	70.62%

Greenlane Holdings Inc News

Latest updates

Greenlane Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	-39.9%	11,800,000	19,625,000	23,959,000	21,955,000	28,680,000	39,916,000	46,534,000	56,022,000	41,314,000	34,715,000	34,009,000	36,272,000	35,764,000	32,400,000	33,868,000	37,236,000	44,886,000	52,986,000	49,898,000	46,729,500	43,561,000
Gross Profit	-31.6%	3,129,000	4,574,000	5,519,000	5,947,000	4,969,000	8,099,000	5,968,000	14,758,000	1,487,000	9,053,000	8,555,000	6,152,000	2,467,000	6,817,000	7,329,000	6,514,000	6,438,000	9,151,000	8,987,000	9,403,953	8,866,000
Operating Expenses	-20.5%	10,016,000	12,602,000	13,538,000	20,672,000	142,461,000	21,773,000	24,179,000	26,258,000	29,186,000	14,636,000	16,495,000	17,282,000	16,282,000	13,197,000	24,979,000	16,813,000	11,963,000	13,087,000	14,150,000	14,896,098	8,531,000
S&GA Expenses	-22.0%	5,433,000	6,968,000	7,677,000	10,150,000	8,547,000	10,588,000	11,715,000	13,100,000	16,795,000	8,398,000	9,581,000	9,557,000	10,673,000	6,426,000	8,659,000	8,044,500	4,751,000	5,413,000	5,384,000	5,681,306	4,247,000
EBITDA Margin	75.8%	-0.41	-1.70	-1.43	-1.26	-1.00	-0.35	-0.32	-0.29	-0.34	-0.25	-0.26	-0.32	-0.31	-0.19	-0.15	-0.14	-0.11	-0.12	-0.11	0.00	-
Interest Expenses	272.0%	3,415,000	918,000	815,000	852,000	926,000	266,000	406,000	206,000	119,000	133,000	116,000	102,000	115,000	110,000	110,000	113,500	119,000	140,000	602,000	2,896,371	136,000
Income Taxes	100.0%	-	-7,000	1,000	-75,000	-	-16,000	78,000	21,000	3,000	4,000	-18,000	47,000	220,000	8,000	-81,000	-31,500	11,063,000	-108,000	12,000	-22,908	193,000
Earnings Before Taxes	-11.8%	-10,098,000	-9,031,000	-8,746,000	-11,826,000	-137,245,000	-14,497,000	-18,671,000	-11,133,000	-28,712,000	-5,836,000	-7,732,000	-10,813,000	-13,573,000	-6,304,000	-16,820,000	-10,009,500	2,102,000	-3,328,000	-17,652,000	-8,303,273	58,000
EBT Margin	71.0%	-0.51	-1.77	-1.50	-1.33	-1.06	-0.40	-0.36	-0.32	-0.36	-0.27	-0.28	-0.34	-0.34	-0.21	-0.17	-0.16	-0.14	-0.15	-0.14	-0.03	-
Net Income	-12.1%	-10,117,000	-9,024,000	-8,747,000	-21,354,000	-130,503,000	-14,481,000	-18,749,000	-3,875,500	-16,281,000	-5,840,000	-7,714,000	-47,704,000	-4,493,000	-6,312,000	-16,739,000	300,000	-6,398,000	-1,796,000	-14,619,000	-8,230,500	-135,000
Net Income Margin	64.6%	-0.64	-1.80	-1.53	-1.35	-0.98	-0.29	-0.25	-0.20	-0.53	-0.47	-0.48	-0.54	-0.20	-0.20	-0.15	-0.12	-0.16	-0.13	-0.12	-0.03	-
Free Cashflow	-243.4%	-3,791,000	2,643,000	1,707,000	-5,036,000	-9,146,000	-2,195,000	-12,807,000	-7,375,000	-17,655,000	-1,024,000	-15,676,000	-8,896,000	-1,534,000	-1,573,000	-2,087,000	-4,112,000	-15,286,000	-11,755,000	-7,770,000	-18,858,000	1,054,000

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																				(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-20.7%	48.00	61.00	75.00	90.00	107	265	281	286	267	102	109	123	129	129	134	153	157	181	94.00	78.00
Current Assets	-24.2%	38.00	49.00	63.00	77.00	86.00	114	119	125	120	67.00	75.00	96.00	102	101	105	115	122	140	63.00	57.00
Cash Equivalents	-47.5%	2.00	5.00	6.00	6.00	10.00	9.00	6.00	13.00	13.00	12.00	12.00	30.00	40.00	42.00	44.00	48.00	53.00	69.00	3.00	7.00
Inventory	-24.1%	23.00	30.00	37.00	41.00	48.00	61.00	69.00	67.00	62.00	34.00	35.00	36.00	37.00	39.00	43.00	43.00	47.00	48.00	36.00	30.00
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	12.00	-	-	14.00	13.00	13.00	13.00	13.00	12.00
Goodwill	-	-	-	-	-	-	42.00	42.00	42.00	33.00	9.00	8.00	3.00	3.00	3.00	3.00	12.00	2.00	9.00	9.00	4.00
Liabilities	-16.2%	33.00	39.00	44.00	51.00	64.00	82.00	92.00	89.00	67.00	43.00	45.00	53.00	49.00	35.00	36.00	39.00	35.00	51.00	106	79.00
Current Liabilities	-10.1%	32.00	35.00	37.00	36.00	47.00	69.00	77.00	71.00	49.00	30.00	32.00	42.00	37.00	23.00	23.00	26.00	22.00	34.00	35.00	30.00
Long Term Debt	-	-	-	-	18.00	19.00	21.00	22.00	23.00	-	-	-	8.00	-	-	-	-	-	-	-	-
LT Debt, Current	-	-	-	-	-	-	-	-	-	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-
Shareholder's Equity	-28.9%	15.00	22.00	31.00	39.00	44.00	182	189	196	200	59.00	64.00	69.00	79.00	94.00	98.00	114	123	130	-	-
Retained Earnings	-4.2%	-252	-242	-233	-225	-213	-83.00	-70.88	-55.54	-48.63	-32.35	-29.10	-24.85	-20.73	-16.24	-14.19	-9.73	-6.74	-0.34	-	-
Additional Paid-In Capital	1.4%	268	264	264	264	259	249	240	230	222	49.00	48.00	40.00	39.00	39.00	34.00	32.00	32.00	31.00	-	-
Shares Outstanding	244.8%	6.00	2.00	16.00	1.00	1.00	0.00	5.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-
Minority Interest	67.9%	-0.01	-0.03	-0.04	0.00	-2.42	16.00	18.00	22.00	26.00	42.00	45.00	54.00	61.00	72.00	79.00	92.00	97.00	99.00	-	-
Float	-	-	-	-	-	-	22.00	-	-	-	75.00	-	-	-	49.00	-	-	-	95.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	-224.9%	-3,464	2,773	1,883	-3,912	-8,758	-1,707	-12,023	-5,302	-16,870	99.00	-15,257	-8,546	-1,343	-1,316	-1,097	-3,360	-14,772	-11,510	-7,261	-8,493	1,336
Share Based Compensation	-109.1%	-5.00	55.00	205	278	390	756	874	953	3,812	421	529	671	-979	891	270	1,937	1,455	1,831	2,851	-	-
Cashflow From Investing	-324.7%	-327	-77.00	-176	-475	13,697	-488	-709	-5,435	-10,666	-768	-2,822	-565	-491	-826	-2,262	-623	-1,881	-256	-972	-10,398	-335
Cashflow From Financing	140.7%	1,605	-3,944	-8,189	6,395	-3,580	5,441	5,674	10,092	29,163	-188	-104	-753	-56.00	-105	-149	-714	-129	78,181	3,641	23,174	703

GNLN Income Statement

2023-09-30

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2023

Sep. 30, 2022

Sep. 30, 2023

Sep. 30, 2022

Income Statement [Abstract]

Net sales

$ 11,800

$ 28,680

$ 55,384

$ 115,130

Cost of sales

8,671

23,711

42,162

96,094

Gross profit

3,129

4,969

13,222

19,036

Operating expenses:

Salaries, benefits and payroll taxes

4,059

7,000

14,586

25,897

General and administrative

5,433

8,547

20,209

30,850

Goodwill and indefinite-lived intangibles impairment

66,760

Definite-lived intangibles impairment charge

50,694

Property and equipment impairment charge

7,336

Depreciation and amortization

524

2,124

1,492

6,876

Total operating expenses

10,016

142,461

36,287

188,413

Loss from operations

(6,887)

(137,492)

(23,065)

(169,377)

Other income (expense), net:

Interest expense

(3,415)

(926)

(5,148)

(1,598)

Other income (expense), net

204

1,173

338

562

Total other income (expense), net

(3,211)

247

(4,810)

(1,036)

Loss before income taxes

(10,098)

(137,245)

(27,875)

(170,413)

Provision for (benefit from) income taxes

(6)

Net loss

(10,098)

(137,245)

(27,869)

(170,475)

Less: Net loss attributable to non-controlling interest

(6,742)

(27)

(12,516)

Net loss attributable to Greenlane Holdings, Inc.

$ (10,117)

$ (130,503)

$ (27,842)

$ (157,959)

Net loss attributable to Class A common stock per share - basic (Note 9) (in dollars per share)

^[1]

$ (1.91)

$ (198.51)

$ (9.67)

$ (277.41)

Net loss attributable to Class A common stock per share - diluted (Note 9) (in dollars per share)

^[1]

$ (1.91)

$ (198.51)

$ (9.67)

$ (277.41)

Weighted-average shares of Class A common stock outstanding - basic (Note 9) (in shares)

^[1]

5,513

657

2,918

569

Weighted-average shares of Class A common stock outstanding - diluted (Note 9)

^[1]

5,513

657

2,918

569

Other comprehensive income (loss):

Foreign currency translation adjustments

$ (24)

$ (238)

$ 181

$ (212)

Unrealized gain (loss) on derivative instrument

358

Comprehensive loss

(10,122)

(137,483)

(27,688)

(170,329)

Less: Comprehensive loss attributable to non-controlling interest

(6,742)

(8)

(12,430)

Comprehensive loss attributable to Greenlane Holdings, Inc.

$ (10,122)

$ (130,741)

$ (27,680)

$ (157,899)

[1]	After giving effect to the Reverse Stock Splits - See Note 9 - Stockholders' Equity.

GNLN Balance Sheet

2023-09-30

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands

Sep. 30, 2023

Dec. 31, 2022

Current assets

Cash

$ 2,443

$ 6,458

Restricted cash

5,718

Accounts receivable, net of allowance of $4,208 and $4,826 at September 30, 2023 and December 31, 2022, respectively

1,925

6,468

Inventories, net

22,638

40,643

Vendor deposits

3,351

6,296

Other current assets

7,152

11,120

Total current assets

37,509

76,703

Property and equipment, net

3,237

3,962

Operating lease right-of-use assets

2,163

3,442

Other assets

5,539

5,578

Total assets

48,448

89,685

Current liabilities

Accounts payable

11,909

14,953

Accrued expenses and other current liabilities (Note 8)

9,396

11,882

Customer deposits

2,410

3,983

Current portion of notes payable (Note 6)

6,978

3,185

Current portion of operating leases

898

1,528

Current portion of finance leases

128

Total current liabilities

31,719

35,659

Notes payable, less current portion and debt issuance costs, net (Note 6)

13,040

Operating leases, less current portion

1,238

1,887

Finance leases, less current portion

Other liabilities

Total long-term liabilities

1,318

15,035

Total liabilities

33,037

50,694

Commitments and contingencies (Note 7)

STOCKHOLDERS’ EQUITY

Preferred stock, $0.0001 par value, 10,000 shares authorized, none issued and outstanding

Additional paid-in capital

^[1]

268,105

264,017

Accumulated deficit

(252,956)

(225,114)

Accumulated other comprehensive income

238

Total stockholders’ equity attributable to Greenlane Holdings, Inc.

15,420

38,973

Non-controlling interest

(9)

Total stockholders’ equity

15,411

38,991

Total liabilities and stockholders’ equity

48,448

89,685

Common Class A

STOCKHOLDERS’ EQUITY

Common stock

^[1]

Common Class B

STOCKHOLDERS’ EQUITY

Common stock

^[1]

$ 0

[1]	After giving effect to the Reverse Stock Splits - See Note 9 - Stockholders' Equity.

About Greenlane Holdings Inc

Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods. The company provides consumption accessories, vaporizers, pipes, rolling papers, grinders, and apparel lines, as well as bubblers, rigs, other smoking and vaporization related accessories, and merchandise. It offers its products under the Groove, Eyce, DaVinci, Higher Standards, Pollen Gear, Marley Natural, and Keith Haring brands. The company also operates e-commerce websites, such as Vapor.com, Vaposhop.com, DaVinciVaporizer.com, PuffItUp.com, HigherStandards.com, EyceMolds.com, and MarleyNaturalShop.com. It serves customers through smoke shops, cannabis dispensaries, and specialty retailers. The company was founded in 2005 and is headquartered in Boca Raton, Florida.

CEO	Mr. Craig Snyder
WEBSITE	gnln.com
INDUSTRY	Tobacco
EMPLOYEES	145

Greenlane Holdings Inc Frequently Asked Questions

What is the ticker symbol for Greenlane Holdings Inc? What does GNLN stand for in stocks?

GNLN is the stock ticker symbol of Greenlane Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Greenlane Holdings Inc (GNLN)?

As of Fri Apr 19 2024, market cap of Greenlane Holdings Inc is 2.35 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GNLN stock?

You can check GNLN's fair value in chart for subscribers.

What is the fair value of GNLN stock?

You can check GNLN's fair value in chart for subscribers. The fair value of Greenlane Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Greenlane Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GNLN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Greenlane Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether GNLN is over valued or under valued. Whether Greenlane Holdings Inc is cheap or expensive depends on the assumptions which impact Greenlane Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GNLN.

What is Greenlane Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, GNLN's PE ratio (Price to Earnings) is -0.05 and Price to Sales (PS) ratio is 0.03. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GNLN PE ratio will change depending on the future growth rate expectations of investors.