Greenlane Renewables
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Greenlane Renewables's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 19% to $57,816,000. Profit margin reached -51%. Total operating expenses were $27,576,000.

Profit Margin

Greenlane Renewables Inc. (TSX:GRN.TO): Profit margin
2018 0 -193K
2019 9.12M -5.05M -55.39%
2020 22.5M -2.47M -10.98%
2021 55.35M -2.45M -4.43%
2022 71.24M -5.50M -7.73%
2023 57.81M -29.58M -51.16%

GRN.TO Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
57.81M71.24M55.35M22.5M9.12M0
Cost of revenue
43.43M56.31M42.45M16.07M5.85M0
Gross profit
14.37M14.92M12.89M6.42M3.27M0
Operating exp.
Research and development
681K1.06M758K85K00
Selling and marketing
1.55M1.94M1.60M212K146K0
Total operating expenses
27.57M22.25M15.06M10.06M5.95M193K
Operating income
-13.19M-7.86M-2.17M-3.64M-2.68M-193K
Other income (expenses), net
-15.28M1.59M-428K1.09M77K0
Income before tax
-28.47M-5.48M-2.52M-2.54M-5.32M-193K
Income tax expense
1.10M16K-76K-78K-275K0
Net income
-29.58M-5.50M-2.45M-2.47M-5.05M-193K
Earnings per share
Basic EPS
-0.19-0.03-0.01-0.02-0.16-0.03
Diluted EPS
-0.19-0.03-0.01-0.02-0.16-0.03
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