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GNLN

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

0.55USD0.00 (0.00%)Market Closed

Market Summary

GNLN
USD0.550.00
Market Closed
0.00%

GNLN Stock Price

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GNLN RSI Chart

GNLN Valuation

Market Cap

2.1M

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

0.56
(Low)(High)

Last 7 days

5.8%

Last 30 days

-9.8%

Last 90 days

27.9%

Trailing 12 Months

-82.8%

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
YearQ1Q2Q3Q4
2023114.5M94.2M77.3M0
2022178.6M183.8M171.2M137.1M
2021138.4M140.8M146.3M166.1M
2020169.0M148.4M139.3M138.3M
2019180.5M182.0M183.5M185.0M
2018000178.9M
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Tracking the Latest Insider Buys and Sells of Greenlane Holdings Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold GNLN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 21, 2024
Arrow Financial Corp
unchanged
-
-
6.00
-%
May 20, 2024
Virtu Financial LLC
sold off
-100
-5,000
-
-%
May 17, 2024
VIMA LLC
new
-
1.00
1.00
-%
May 15, 2024
MORGAN STANLEY
unchanged
-
1.00
288
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
unchanged
-
-
1.00
-%
May 15, 2024
CITADEL ADVISORS LLC
new
-
16,702
16,702
-%
May 15, 2024
ARMISTICE CAPITAL, LLC
added
21.93
34,922
190,840
-%
May 15, 2024
Royal Bank of Canada
added
275
1,000
1,000
-%
May 15, 2024
Penserra Capital Management LLC
sold off
-100
-2,000
-
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
added
50.25
2,816
9,099
-%

1–10 of 37

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
May 16, 2024
NT 10-Q
NT 10-Q
May 10, 2024
8-K
Current Report
Apr 23, 2024
8-K
Current Report
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

Peers (Alternatives to Greenlane Holdings Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
157.1B
35.9B
7.44% 8.74%
19.72
4.37
12.21% -8.56%
79.6B
24.3B
8.86% 3.14%
9.4
3.27
-2.34% 51.50%
MID-CAP
SMALL-CAP
1.7B
1.4B
6.23% -7.27%
9.51
1.23
-3.31% 14.10%
1.3B
2.7B
5.09% -1.21%
9.85
0.49
5.90% 38.36%
11.0M
29.7M
-20.00% -99.20%
-0.22
0.37
-26.34% -23.58%
3.0M
2.5M
2.00% -82.04%
-0.37
1.15
-22.57% -225.30%
2.1M
77.3M
-9.84% -82.76%
-0.05
0.03
-54.81% 70.62%

Greenlane Holdings Inc News

Latest updates
Yahoo Movies Canada13 May 202401:45 pm
InvestorPlace11 months ago
InvestorPlace11 months ago
Packaging Gateway14 months ago

Greenlane Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-39.9%11,800,00019,625,00023,959,00021,955,00028,680,00039,916,00046,534,00056,022,00041,314,00034,715,00034,009,00036,272,00035,764,00032,400,00033,868,00037,236,00044,886,00052,986,00049,898,00046,729,50043,561,000
Gross Profit-31.6%3,129,0004,574,0005,519,0005,947,0004,969,0008,099,0005,968,00014,758,0001,487,0009,053,0008,555,0006,152,0002,467,0006,817,0007,329,0006,514,0006,438,0009,151,0008,987,0009,403,9538,866,000
Operating Expenses-20.5%10,016,00012,602,00013,538,00020,672,000142,461,00021,773,00024,179,00026,258,00029,186,00014,636,00016,495,00017,282,00016,282,00013,197,00024,979,00016,813,00011,963,00013,087,00014,150,00014,896,0988,531,000
  S&GA Expenses-22.0%5,433,0006,968,0007,677,00010,150,0008,547,00010,588,00011,715,00013,100,00016,795,0008,398,0009,581,0009,557,00010,673,0006,426,0008,659,0008,044,5004,751,0005,413,0005,384,0005,681,3064,247,000
EBITDA Margin75.8%-0.41-1.70-1.43-1.26-1.00-0.35-0.32-0.29-0.34-0.25-0.26-0.32-0.31-0.19-0.15-0.14-0.11-0.12-0.110.00-
Interest Expenses272.0%3,415,000918,000815,000852,000926,000266,000406,000206,000119,000133,000116,000102,000115,000110,000110,000113,500119,000140,000602,0002,896,371136,000
Income Taxes100.0%--7,0001,000-75,000--16,00078,00021,0003,0004,000-18,00047,000220,0008,000-81,000-31,50011,063,000-108,00012,000-22,908193,000
Earnings Before Taxes-11.8%-10,098,000-9,031,000-8,746,000-11,826,000-137,245,000-14,497,000-18,671,000-11,133,000-28,712,000-5,836,000-7,732,000-10,813,000-13,573,000-6,304,000-16,820,000-10,009,5002,102,000-3,328,000-17,652,000-8,303,27358,000
EBT Margin71.0%-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%-10,117,000-9,024,000-8,747,000-21,354,000-130,503,000-14,481,000-18,749,000-3,875,500-16,281,000-5,840,000-7,714,000-47,704,000-4,493,000-6,312,000-16,739,000300,000-6,398,000-1,796,000-14,619,000-8,230,500-135,000
Net Income Margin64.6%-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%-3,791,0002,643,0001,707,000-5,036,000-9,146,000-2,195,000-12,807,000-7,375,000-17,655,000-1,024,000-15,676,000-8,896,000-1,534,000-1,573,000-2,087,000-4,112,000-15,286,000-11,755,000-7,770,000-18,858,0001,054,000
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-20.7%48.0061.0075.0090.0010726528128626710210912312912913415315718194.0078.00
  Current Assets-24.2%38.0049.0063.0077.0086.0011411912512067.0075.0096.0010210110511512214063.0057.00
    Cash Equivalents-47.5%2.005.006.006.0010.009.006.0013.0013.0012.0012.0030.0040.0042.0044.0048.0053.0069.003.007.00
  Inventory-24.1%23.0030.0037.0041.0048.0061.0069.0067.0062.0034.0035.0036.0037.0039.0043.0043.0047.0048.0036.0030.00
  Net PPE------------12.00--14.0013.0013.0013.0013.0012.00
  Goodwill------42.0042.0042.0033.009.008.003.003.003.003.0012.002.009.009.004.00
Liabilities-16.2%33.0039.0044.0051.0064.0082.0092.0089.0067.0043.0045.0053.0049.0035.0036.0039.0035.0051.0010679.00
  Current Liabilities-10.1%32.0035.0037.0036.0047.0069.0077.0071.0049.0030.0032.0042.0037.0023.0023.0026.0022.0034.0035.0030.00
  Long Term Debt----18.0019.0021.0022.0023.00---8.00--------
    LT Debt, Current---------1.001.001.000.000.000.000.000.00----
Shareholder's Equity-28.9%15.0022.0031.0039.0044.0018218919620059.0064.0069.0079.0094.0098.00114123130--
  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 Capital1.4%26826426426425924924023022249.0048.0040.0039.0039.0034.0032.0032.0031.00--
Shares Outstanding244.8%6.002.0016.001.001.000.005.000.000.000.000.000.000.000.000.000.000.000.00--
Minority Interest67.9%-0.01-0.03-0.040.00-2.4216.0018.0022.0026.0042.0045.0054.0061.0072.0079.0092.0097.0099.00--
Float------22.00---75.00---49.00---95.00--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-224.9%-3,4642,7731,883-3,912-8,758-1,707-12,023-5,302-16,87099.00-15,257-8,546-1,343-1,316-1,097-3,360-14,772-11,510-7,261-8,4931,336
  Share Based Compensation-109.1%-5.0055.002052783907568749533,812421529671-9798912701,9371,4551,8312,851--
Cashflow From Investing-324.7%-327-77.00-176-47513,697-488-709-5,435-10,666-768-2,822-565-491-826-2,262-623-1,881-256-972-10,398-335
Cashflow From Financing140.7%1,605-3,944-8,1896,395-3,5805,4415,67410,09229,163-188-104-753-56.00-105-149-714-12978,1813,64123,174703
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GNLN Income Statement

2023-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 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 sales8,67123,71142,16296,094
Gross profit3,1294,96913,22219,036
Operating expenses:    
Salaries, benefits and payroll taxes4,0597,00014,58625,897
General and administrative5,4338,54720,20930,850
Goodwill and indefinite-lived intangibles impairment066,760066,760
Definite-lived intangibles impairment charge050,694050,694
Property and equipment impairment charge07,33607,336
Depreciation and amortization5242,1241,4926,876
Total operating expenses10,016142,46136,287188,413
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), net2041,173338562
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 taxes00(6)62
Net loss(10,098)(137,245)(27,869)(170,475)
Less: Net loss attributable to non-controlling interest19(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]5,5136572,918569
Weighted-average shares of Class A common stock outstanding - diluted (Note 9)[1]5,5136572,918569
Other comprehensive income (loss):    
Foreign currency translation adjustments$ (24)$ (238)$ 181$ (212)
Unrealized gain (loss) on derivative instrument000358
Comprehensive loss(10,122)(137,483)(27,688)(170,329)
Less: Comprehensive loss attributable to non-controlling interest0(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 cash05,718
Accounts receivable, net of allowance of $4,208 and $4,826 at September 30, 2023 and December 31, 2022, respectively1,9256,468
Inventories, net22,63840,643
Vendor deposits3,3516,296
Other current assets7,15211,120
Total current assets37,50976,703
Property and equipment, net3,2373,962
Operating lease right-of-use assets2,1633,442
Other assets5,5395,578
Total assets48,44889,685
Current liabilities  
Accounts payable11,90914,953
Accrued expenses and other current liabilities (Note 8)9,39611,882
Customer deposits2,4103,983
Current portion of notes payable (Note 6)6,9783,185
Current portion of operating leases8981,528
Current portion of finance leases128128
Total current liabilities31,71935,659
Notes payable, less current portion and debt issuance costs, net (Note 6)013,040
Operating leases, less current portion1,2381,887
Finance leases, less current portion029
Other liabilities8079
Total long-term liabilities1,31815,035
Total liabilities33,03750,694
Commitments and contingencies (Note 7)
STOCKHOLDERS’ EQUITY  
Preferred stock, $0.0001 par value, 10,000 shares authorized, none issued and outstanding00
Additional paid-in capital[1]268,105264,017
Accumulated deficit(252,956)(225,114)
Accumulated other comprehensive income23855
Total stockholders’ equity attributable to Greenlane Holdings, Inc.15,42038,973
Non-controlling interest(9)18
Total stockholders’ equity15,41138,991
Total liabilities and stockholders’ equity48,44889,685
Common Class A  
STOCKHOLDERS’ EQUITY  
Common stock[1]3315
Common Class B  
STOCKHOLDERS’ EQUITY  
Common stock[1]$ 0$ 0
[1]After giving effect to the Reverse Stock Splits - See Note 9 - Stockholders' Equity.
GNLN
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
 WEBSITEgnln.com
 INDUSTRYTobacco
 EMPLOYEES145

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 Wed May 22 2024, market cap of Greenlane Holdings Inc is 2.05 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 Wed May 22 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.