Greenlane Holdings Inc

Company Profile

Greenlane Holdings Inc had its IPO on 2019-04-18 under the ticker symbol GNLN.

The company operates in the Consumer Defensive sector and Tobacco industry. Greenlane Holdings Inc has a staff strength of 145 employees.

Stock update

Shares of Greenlane Holdings Inc opened at $0.93 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.75 - $0.93, and closed at $0.81.

This is a -10% slip from the previous day's closing price.

A total volume of 429,930 shares were traded at the close of the day’s session.

In the last one week, shares of Greenlane Holdings Inc have slipped by -10.99%.

Greenlane Holdings Inc's Key Ratios

Greenlane Holdings Inc has a market cap of $2.42 million, indicating a price to book ratio of 0.0795 and a price to sales ratio of 0.0392.

In the last 12-months Greenlane Holdings Inc’s revenue was $94.22 million with a gross profit of $27.68 million and an EBITDA of $-30530000. The EBITDA ratio measures Greenlane Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Greenlane Holdings Inc’s operating margin was -41.2% while its return on assets stood at -12.8% with a return of equity of -88.1%.

In Q2, Greenlane Holdings Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 50.8%.

Greenlane Holdings Inc’s PE and PEG Ratio

Forward PE

185.1852

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-124.66 per share while it has a forward price to earnings multiple of 185.1852 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Greenlane Holdings Inc’s profitability.

Greenlane Holdings Inc stock is trading at a EV to sales ratio of 0.1294 and a EV to EBITDA ratio of -0.1969. Its price to sales ratio in the trailing 12-months stood at 0.0392.

Greenlane Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$114.48 million

Total Liabilities

$35.29 million

Operating Cash Flow

$0

Capital Expenditure

$130000

Dividend Payout Ratio

0%

Greenlane Holdings Inc ended 2024 with $114.48 million in total assets and $0 in total liabilities. Its intangible assets were valued at $114.48 million while shareholder equity stood at $75.10 million.

Greenlane Holdings Inc ended 2024 with $0 in deferred long-term liabilities, $35.29 million in other current liabilities, 15000.00 in common stock, $-192092000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $4.65 million and cash and short-term investments were $4.65 million. The company’s total short-term debt was $3,467,000 while long-term debt stood at $2.59 million.

Greenlane Holdings Inc’s total current assets stands at $49.49 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $3.09 million compared to accounts payable of $17.17 million and inventory worth $29.84 million.

In 2024, Greenlane Holdings Inc's operating cash flow was $0 while its capital expenditure stood at $130000.

Comparatively, Greenlane Holdings Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.81

52-Week High

$25.384

52-Week Low

$0.7

Analyst Target Price

$7.9

Greenlane Holdings Inc stock is currently trading at $0.81 per share. It touched a 52-week high of $25.384 and a 52-week low of $25.384. Analysts tracking the stock have a 12-month average target price of $7.9.

Its 50-day moving average was $0.9 and 200-day moving average was $2.85 The short ratio stood at 2.35 indicating a short percent outstanding of 0%.

Around 261% of the company’s stock are held by insiders while 1124.5% are held by institutions.