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
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 fiscal year ended 31 December 2019, Greenlane Holdings Inc revenues increased 3% to $185M. Net loss increased from $5.9M to $28.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Depreciation and amortization increase of 81% to $2.7M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.06 to -$0.31.
Employees: 287 as of Sep 30, 2019
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $185.01M as of Dec 31, 2019
EBITDA (TTM): -$12.46M as of Dec 31, 2019
Net annual income (TTM): -$28.68M as of Dec 31, 2019
Free cash flow (TTM): -$38.92M as of Dec 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 93,765,000 as of Dec 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization