Greenlane Historical Income Statement

GNLN Stock

USD 1.83 0.06 3.17%

Historical analysis of Greenlane Holdings income statement accounts such as Interest Expense of 1.4 M or Selling General Administrative of 55.2 M can show how well Greenlane Holdings performed in making a profits. Evaluating Greenlane Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Greenlane Holdings's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Greenlane Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Greenlane Holdings is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlane Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.

About Greenlane Income Statement Analysis

Greenlane Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Greenlane Holdings shareholders. The income statement also shows Greenlane investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Greenlane Holdings Income Statement Chart

Greenlane Holdings reported last year Tax Provision of (13,000). As of the 1st of December 2024, Interest Income is likely to grow to about 15.7 M, while Interest Expense is likely to drop about 1.4 M.

Selling General Administrative Total Revenue Gross Profit Cost Of Revenue Total Other Income Expense Net

Total Revenue

Total revenue comprises all receipts Greenlane Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Greenlane Holdings minus its cost of goods sold. It is profit before Greenlane Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on Greenlane Holdings income statement and represents the costs associated with goods and services Greenlane Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from Greenlane Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Greenlane Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlane Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.Greenlane Holdings reported last year Tax Provision of (13,000). As of the 1st of December 2024, Interest Income is likely to grow to about 15.7 M, while Interest Expense is likely to drop about 1.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	27.7M	25.0M	28.7M	27.9M
Total Revenue	166.1M	137.1M	157.6M	150.9M

Gross Profit Total Revenue

Greenlane Holdings income statement Correlations

	Tax Provision	Interest Income	Selling General Administrative	Total Revenue	Gross Profit	Operating Income	Net Income From Continuing Ops	Ebit	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Net Interest Income	Depreciation And Amortization	Other Operating Expenses	Ebitda	Reconciled Depreciation	Selling And Marketing Expenses
Tax Provision		0.28	0.15	0.42	0.37	-0.05	-0.12	0.07	0.43	-0.15	0.04	0.02	0.01	1.0	0.2	0.07	-0.24	0.31	0.05	0.05	0.18
Interest Income	0.28		0.95	0.83	0.73	-0.96	-0.76	-0.8	0.85	0.41	-0.88	-0.28	-0.79	0.28	-0.85	-0.64	0.64	0.94	-0.8	0.71	-0.79
Selling General Administrative	0.15	0.95		0.84	0.75	-0.96	-0.8	-0.75	0.86	0.46	-0.87	-0.36	-0.75	0.15	-0.86	-0.63	0.74	0.95	-0.74	0.75	-0.8
Total Revenue	0.42	0.83	0.84		0.98	-0.72	-0.58	-0.56	1.0	0.06	-0.62	-0.16	-0.55	0.42	-0.57	-0.62	0.42	0.96	-0.56	0.55	-0.5
Gross Profit	0.37	0.73	0.75	0.98		-0.61	-0.48	-0.51	0.97	-0.07	-0.55	-0.14	-0.52	0.37	-0.5	-0.67	0.37	0.89	-0.52	0.48	-0.44
Operating Income	-0.05	-0.96	-0.96	-0.72	-0.61		0.84	0.79	-0.74	-0.54	0.93	0.42	0.8	-0.05	0.94	0.6	-0.79	-0.88	0.78	-0.81	0.86
Net Income From Continuing Ops	-0.12	-0.76	-0.8	-0.58	-0.48	0.84		0.43	-0.59	-0.42	0.81	0.81	0.61	-0.12	0.72	0.35	-0.87	-0.7	0.4	-0.98	0.7
Ebit	0.07	-0.8	-0.75	-0.56	-0.51	0.79	0.43		-0.56	-0.49	0.87	0.06	0.94	0.07	0.89	0.88	-0.59	-0.71	1.0	-0.43	0.88
Cost Of Revenue	0.43	0.85	0.86	1.0	0.97	-0.74	-0.59	-0.56		0.08	-0.62	-0.16	-0.55	0.43	-0.58	-0.6	0.42	0.96	-0.57	0.56	-0.5
Total Operating Expenses	-0.15	0.41	0.46	0.06	-0.07	-0.54	-0.42	-0.49	0.08		-0.54	-0.25	-0.5	-0.16	-0.57	-0.28	0.53	0.31	-0.47	0.39	-0.54
Income Before Tax	0.04	-0.88	-0.87	-0.62	-0.55	0.93	0.81	0.87	-0.62	-0.54		0.53	0.95	0.04	0.96	0.77	-0.89	-0.79	0.85	-0.8	0.96
Total Other Income Expense Net	0.02	-0.28	-0.36	-0.16	-0.14	0.42	0.81	0.06	-0.16	-0.25	0.53		0.37	0.02	0.38	0.13	-0.79	-0.25	0.02	-0.84	0.45
Net Income	0.01	-0.79	-0.75	-0.55	-0.52	0.8	0.61	0.94	-0.55	-0.5	0.95	0.37		0.01	0.9	0.89	-0.77	-0.7	0.92	-0.62	0.93
Income Tax Expense	1.0	0.28	0.15	0.42	0.37	-0.05	-0.12	0.07	0.43	-0.16	0.04	0.02	0.01		0.2	0.07	-0.25	0.31	0.05	0.05	0.19
Minority Interest	0.2	-0.85	-0.86	-0.57	-0.5	0.94	0.72	0.89	-0.58	-0.57	0.96	0.38	0.9	0.2		0.74	-0.84	-0.76	0.88	-0.73	0.93
Net Interest Income	0.07	-0.64	-0.63	-0.62	-0.67	0.6	0.35	0.88	-0.6	-0.28	0.77	0.13	0.89	0.07	0.74		-0.57	-0.67	0.87	-0.38	0.78
Depreciation And Amortization	-0.24	0.64	0.74	0.42	0.37	-0.79	-0.87	-0.59	0.42	0.53	-0.89	-0.79	-0.77	-0.25	-0.84	-0.57		0.59	-0.56	0.89	-0.86
Other Operating Expenses	0.31	0.94	0.95	0.96	0.89	-0.88	-0.7	-0.71	0.96	0.31	-0.79	-0.25	-0.7	0.31	-0.76	-0.67	0.59		-0.71	0.67	-0.68
Ebitda	0.05	-0.8	-0.74	-0.56	-0.52	0.78	0.4	1.0	-0.57	-0.47	0.85	0.02	0.92	0.05	0.88	0.87	-0.56	-0.71		-0.4	0.86
Reconciled Depreciation	0.05	0.71	0.75	0.55	0.48	-0.81	-0.98	-0.43	0.56	0.39	-0.8	-0.84	-0.62	0.05	-0.73	-0.38	0.89	0.67	-0.4		-0.67
Selling And Marketing Expenses	0.18	-0.79	-0.8	-0.5	-0.44	0.86	0.7	0.88	-0.5	-0.54	0.96	0.45	0.93	0.19	0.93	0.78	-0.86	-0.68	0.86	-0.67

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Greenlane Holdings Account Relationship Matchups

Greenlane Holdings income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	319.3K	10.9M	194K	10K	(13K)	0.0
Interest Expense	975K	437K	574K	2.5M	2.8M	1.4M
Selling General Administrative	53.1M	60.2M	75.7M	72.3M	83.1M	55.2M
Total Revenue	185.0M	138.3M	166.1M	137.1M	157.6M	150.9M
Gross Profit	31.4M	22.8M	27.7M	25.0M	28.7M	27.9M
Operating Income	(24.4M)	(40.0M)	(52.7M)	(56.4M)	(50.7M)	(48.2M)
Net Income From Continuing Ops	(39.8M)	(47.7M)	(53.4M)	(125.9M)	(32.3M)	(33.9M)
Ebit	(24.4M)	(47.1M)	(52.8M)	(56.4M)	(179.8M)	(170.8M)
Cost Of Revenue	153.6M	115.5M	138.4M	112.1M	128.9M	123.0M
Total Operating Expenses	55.8M	62.7M	80.4M	81.4M	93.6M	66.6M
Income Before Tax	(28.3M)	(47.5M)	(53.4M)	(125.9M)	(113.3M)	(107.6M)
Total Other Income Expense Net	(4.0M)	1.5M	(691K)	(69.5M)	1.9M	2.0M
Net Income Applicable To Common Shares	(5.9M)	(9.7M)	(14.5M)	(30.6M)	(27.5M)	(26.1M)
Net Income	(39.3M)	(14.5M)	(30.6M)	(125.9M)	(169.5M)	(161.0M)
Income Tax Expense	10.9M	194K	10K	(13K)	(11.7K)	(11.1K)
Net Interest Income	(975K)	(437K)	(574K)	(2.5M)	(5.5M)	(5.2M)
Depreciation And Amortization	(285K)	2.5M	4.7M	13.4M	7.4M	4.7M
Other Operating Expenses	209.4M	178.3M	218.8M	193.5M	222.5M	198.1M
Ebitda	(24.7M)	(44.6M)	(48.2M)	(43.0M)	(172.4M)	(163.8M)
Reconciled Depreciation	2.7M	2.5M	4.7M	9.1M	2.2M	3.7M

Pair Trading with Greenlane Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Greenlane Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Greenlane Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against Greenlane Stock

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0.72	WEYS	Weyco Group	Pair Corr
0.55	HD	Home Depot	Pair Corr

The ability to find closely correlated positions to Greenlane Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenlane Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Greenlane Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Greenlane Holdings to buy it.

The correlation of Greenlane Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Greenlane Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenlane Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Greenlane Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Greenlane Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greenlane Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greenlane Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greenlane Holdings Stock:

How To Invest In Greenlane

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Is Greenlane Stock a good investment?

Details

What is Greenlane Holdings' Net Worth?

Details

Largest Distributors Companies

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Largest Consumer Discretionary Distribution & Retail Companies

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To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenlane Holdings. If investors know Greenlane will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenlane Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(117.59)

Revenue Per Share

61.566

Quarterly Revenue Growth

(0.86)

Return On Assets

(0.23)

Return On Equity

(1.42)

The market value of Greenlane Holdings is measured differently than its book value, which is the value of Greenlane that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlane Holdings' value that differs from its market value or its book value, called intrinsic value, which is Greenlane Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenlane Holdings' market value can be influenced by many factors that don't directly affect Greenlane Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Greenlane Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlane Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlane Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Greenlane Historical Income Statement

About Greenlane Income Statement Analysis

Greenlane Holdings Income Statement Chart

Total Revenue

Gross Profit

Cost Of Revenue

Greenlane Holdings income statement Correlations

Greenlane Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Greenlane Holdings income statement Accounts

Pair Trading with Greenlane Holdings

Moving against Greenlane Stock

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Income Tax Expense	+ 1.0	Tax Provision
Cost Of Revenue	+ 1.0	Total Revenue
Ebitda	+ 1.0	Ebit
Gross Profit	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.97	Gross Profit
Other Operating Expenses	+ 0.96	Total Revenue

Reconciled Depreciation	- 0.98	Net Income From Continuing Ops
Operating Income	- 0.96	Selling General Administrative
Operating Income	- 0.96	Interest Income
Depreciation And Amortization	- 0.89	Income Before Tax
Other Operating Expenses	- 0.88	Operating Income
Income Before Tax	- 0.88	Interest Income