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Greenlane Renewables Inc

Company price
0.18 CAD 0.01 ( 2.86%)
Last update at 2026-11-05T14:37:00Z
VOLUME
8843
Market Cap
35.90M

Momentum Score

…

Greenlane Renewables Inc. provides biogas desulfurization and upgrading systems and services worldwide. Its systems produce clean; renewable natural gas from organic-waste sources, including landfills, sugar mills, dairy farms, wastewater, and food waste; and suitable for either injections into the natural gas grid or for direct use as commercial vehicle fuel. The company offers water wash, pressure swing adsorption, and membrane separation technologies, as well as biogas desulfurization. It markets and sells its upgrading systems under the Greenlane Biogas brand. The company was formerly known as Creation Capital Corp. and changed its name to Greenlane Renewables Inc. in June 2019. Greenlane Renewables Inc. was founded in 1986 and is headquartered in Burnaby, Canada.

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Day Price Range
0.18
Low
0.18
High
52 Week Price Range
0.08
Low
0.33
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Greenlane Renewables Inc is a Canada-based provider of biogas upgrading systems and related services that convert biogas into renewable natural gas suitable for pipeline injection and vehicle fuel. Long-term growth may be supported by decarbonization policies, rising demand for RNG across utilities and transport, and project opportunities in agriculture, landfill and wastewater sectors. The company appears positioned to benefit from scaling service capabilities and aftermarket contracts that could support more predictable revenue streams.
Material risks include project execution and order-timing uncertainty, dependence on government incentives and evolving regulatory frameworks, and competitive pressure from alternative upgrading technologies.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.17
Dividend Yield
-
Revenue TTM
44.43M
Revenue Per Share
0.28
Gross Profit TTM
19.14M
Debt / Equity
0.11
ROE
-4.37%
Net Debt
-15.45M
ROCE
2.83%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 1.09M -0.60M -28.48M -5.49M -2.53M
Net income -1.04M -1.86M -29.58M -5.50M -2.45M
Selling general administrative 15.67M 16.88M 19.81M 21.29M 14.74M
Selling and marketing expenses - 0.94M 1.56M - -
Gross profit 17.95M 15.43M 14.38M 14.93M 12.89M
Reconciled depreciation 1.19M 1.11M 2.10M 2.33M 1.57M
Ebit 0.74M -0.46M -13.20M -6.28M -1.69M
Ebitda 1.93M 0.66M -11.15M -3.05M -0.87M
Depreciation and amortization 1.19M 1.11M 2.05M - -
Operating income 0.74M -3.95M -13.20M -7.87M -2.17M
Other operating expenses 43.69M 55.77M 71.01M - -
Interest expense 0.17M 0.14M 0.08M 0.11M 0.09M
Tax provision 2.13M 0.78M 0.48M 0.02M -0.08M
Interest income 0.38M 1.58M 0.79M 2.42M 0.11M
Net interest income 0.21M 0.32M 0.70M 0.25M 0.07M
Extraordinary items - -0.48M -1.05M - -
Income tax expense 2.13M 0.78M 1.10M 0.02M -0.08M
Total revenue 44.43M 51.82M 57.82M 71.24M 55.35M
Total operating expenses 17.21M 19.38M 27.58M 78.57M 57.52M
Cost of revenue 26.48M 36.39M 43.44M 56.31M 42.46M
Total other income expense net 0.35M 3.35M -15.28M 1.59M -0.43M
Net income from continuing ops -1.04M -1.38M -13.60M -5.50M -2.45M
Net income applicable to common shares - -1.86M -29.58M -5.50M -2.45M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 46.77M 45.35M 54.35M 83.39M 78.79M
Intangible assets 1.89M 2.32M 2.83M 8.35M 6.50M
Other current assets 0.97M 0.93M 1.67M 1.69M 1.66M
Total liab 23.09M 21.38M 29.05M 29.90M 22.30M
Total stockholder equity 23.67M 23.98M 25.30M 53.48M 56.48M
Other current liab 14.24M - 17.83M 18.00M 17.56M
Common stock 66.44M - 65.81M 65.25M 64.07M
Capital stock 66.44M 66.10M - 65.25M 64.07M
Retained earnings -48.16M -47.12M -45.25M -15.67M -10.17M
Other liab - - - 3.16M 0.15M
Good will 8.54M 7.95M 7.78M 18.08M 10.40M
Other assets - - - 2.20M 0.11M
Cash 18.11M 16.17M 13.39M 21.38M 31.47M
Cash and equivalents - - - 21.38M 31.47M
Total current liabilities 20.57M 18.60M 24.69M 25.78M 21.94M
Current deferred revenue - - 3.62M - -
Net debt -15.45M - -11.44M - -
Short term debt 0.43M - 0.23M 0.00M 0.00M
Short long term debt total 2.66M - 1.95M - -
Other stockholder equity 5.13M - 4.89M -0.38M 0.18M
Property plant equipment - - - 1.73M 0.69M
Total current assets 33.08M 32.84M 41.37M 53.02M 61.09M
Net tangible assets - - - 27.05M 39.58M
Net receivables 12.26M 6.95M 24.25M 27.55M 26.20M
Long term debt - - - - 0.00M
Inventory 1.74M 0.82M 2.06M 1.13M 0.79M
Accounts payable 5.90M 2.90M 3.01M 3.94M 0.60M
Accumulated other comprehensive income 0.27M - -0.15M - -
Non current assets total 13.69M 12.51M 12.98M 30.36M 17.70M
Capital lease obligations 2.66M 2.07M - 1.24M 0.46M
Long term debt total - - - 0.97M 0.22M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -0.05M 0.32M -9.91M -0.22M
Change to liabilities - - - 1.60M 11.20M
Total cashflows from investing activities 0.30M -0.05M -0.31M -9.91M -0.22M
Net borrowings -0.39M -0.25M -0.22M -0.31M -6.32M
Total cash from financing activities -0.39M -0.28M -0.27M -0.23M 25.72M
Change to operating activities - - - -0.34M -1.82M
Net income -1.04M -1.38M -29.58M -5.50M -2.45M
Change in cash -0.17M 4.38M -9.59M -10.09M 15.03M
Begin period cash flow 18.28M 11.79M 21.38M 31.47M 16.44M
End period cash flow 18.11M 16.17M 11.79M 21.38M 31.47M
Total cash from operating activities -0.45M 4.62M -9.00M 0.04M -10.48M
Issuance of capital stock - - - 0.00M 26.45M
Depreciation 1.19M 1.11M 2.38M 2.31M 1.56M
Other cashflows from investing activities 0.92M 0.02M -0.11M -1.58M -1.58M
Change to inventory -0.92M 1.20M -0.92M -0.17M 0.84M
Change to account receivables -1.29M 12.40M 3.86M 3.14M -20.81M
Sale purchase of stock - 0.00M 0.04M 0.08M 34.05M
Other cashflows from financing activities -0.39M -0.03M 0.04M 0.00M -2.01M
Change to netincome - - - -1.01M 1.00M
Capital expenditures 0.63M 0.07M 0.20M 0.52M 0.19M
Change in working capital -1.95M 7.88M 1.21M 4.34M -10.52M
Stock based compensation 0.41M 0.44M 0.78M 1.98M 1.10M
Other non cash items 2.54M -3.15M 16.21M -0.21M -0.28M
Free cash flow -1.08M 4.54M -9.20M -0.47M -10.69M

Peer Comparison*

Sector: Industrials Industry: Specialty Industrial Machinery

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
GRN
Greenlane Renewables Inc
0.01
2.86%
0.18 - 227.27 0.81 1.52 0.47 8.54
SCHN
Schneider Electric CDR (CAD Hedged)
0.07
0.31%
22.62 2.11 1.71 0.24 0.39 4.14 19.84
ATS
ATS CORP
-0.43
1.75%
24.16 236.74 20.92 1.56 2.47 2.01 24.10
SIS
Savaria Corporation
-0.61
1.97%
30.39 30.17 21.10 2.28 3.26 2.49 14.43
VLN
Velan Inc.
-0.01
0.06%
17.49 83.37 18.15 1.16 1.33 0.85 7.72

Profile*

Greenlane Renewables Inc

Greenlane Renewables Inc. provides biogas desulfurization and upgrading systems and services worldwide. Its systems produce clean; renewable natural gas from organic-waste sources, including landfills, sugar mills, dairy farms, wastewater, and food waste; and suitable for either injections into the natural gas grid or for direct use as commercial vehicle fuel. The company offers water wash, pressure swing adsorption, and membrane separation technologies, as well as biogas desulfurization. It markets and sells its upgrading systems under the Greenlane Biogas brand. The company was formerly known as Creation Capital Corp. and changed its name to Greenlane Renewables Inc. in June 2019. Greenlane Renewables Inc. was founded in 1986 and is headquartered in Burnaby, Canada.

3605 Gilmore Way, Burnaby, BC, Canada, V5G 4X5

604 259 0343

113

Name Title Year Born
Mr. Brad Douville CEO & Director 1970
Mr. Brent Jaklin Sr. VP of Sales & Commercial Operations 1977
Ms. Sandra Keyton Chief Human Resource Officer 1965
Mr. Monty R. Balderston CPA Chief Financial Officer 1970
Mr. Alex Chassels Chief Operating Officer NA
Ms. H. Maura Lendon L.L.B., L.L.M., M.B.A. Chief Legal Officer NA
Mr. Sanford J. Selman Sr. VP of Project Fin. NA
Mr. Stephen D. Wortley Corp. Sec. 1959
Mr. Ian Kane President & Director NA
Ms. H. Maura Lendon L.L.B., L.L.M., M.B.A. Chief Operating Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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