Greenlane Holdings Inc (OQ:GNLN)

Sector:  Consumer Non-Cyclicals Industry:  Food Retail & Distribution
See Regulatory Filings on SEC
Company Contact
Address: 1095 Broken Sound Pkwy NW Ste 300
Boca Raton
BOCA RATON FL 33487-3503
Tel: N/A
IR: See website
Key People
Aaron LoCascio
Chairman of the Board, Chief Executive Officer
Ethan Rudin
Chief Financial Officer
Jay M. Scheiner
Chief Operating Officer
Sasha Kadey
Chief Marketing Officer
Business Overview
Greenlane Holdings, Inc. is distributing vaporization product and consumption accessories in the United States. The Company owns and operates e-commerce Websites in the vaporization products and consumption accessories industry, and The Company operates through two segments desktop and portable vaporizers. The Company offers stock keeping units (SKUs), including vaporizers and parts, cleaning products, grinders and storage containers, pipes, rolling papers and customized lines of specialty packaging. It offers varieties of vaporization products from various brands, which includes Volcano vaporizers by Storz and Bickel; PAX 3 vaporizers by PAX Labs, and JUUL vaporizers by JUUL Labs, a nicotine vaporizer brand.
Financial Overview
For the nine months ended 30 September 2019, Greenlane Holdings Inc revenues increased 16% to $147.8M. Net loss totaled $25.8M vs. income of $2.4M. Revenues reflect Canada segment increase from $7.1M to $18.8M, United States segment increase of 9% to $129M. Net loss reflects General and administrative - Balancing v increase of 22% to $11.2M (expense), Depreciation and amortization increase of 96% to $2M (expense).
Employees: 287 as of Sep 30, 2019
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $199.33M as of Sep 30, 2019
EBITDA (TTM): -$8.84M as of Sep 30, 2019
Net annual income (TTM): -$34.11M as of Sep 30, 2019
Free cash flow (TTM): -$53.67M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 93,777,000 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization