Greenlane Renewables

Greenlane Renewables reports a return to positive adjusted EBITDA in Q2 2026 despite declining revenues, which were distorted by non‑recurring licence income and a large spare‑parts order from the prior year. Gross margin before depreciation remained stable at 41%; R&D spending doubled to CAD 0.8 million as work on Cascade LF continued. The company ended the quarter with CAD 12.1 million in cash, no debt and an order backlog of CAD 25.6 million, and has signed manufacturing agreements with Panasonic for series production in Brazil. Management expects Cascade LF to be production‑ready by the end of 2026 and estimates an addressable market of about CAD 600 million annually in Brazil, the US and Canada; the stock last traded at $0.20. » More on de.investing.com

Greenlane Renewables reported Q4 2025 EPS of -0.01 CAD (expectation -0.02 CAD) and revenue of 10.8 million CAD (expectation 9.2 million CAD), as well as adjusted EBITDA of 2.3 million CAD. Despite the positive beats, the company recorded a net loss of 1.2 million CAD for the quarter and increased its cash position to 17.7 million CAD. The stock fell 16.07% after hours, later partially recovering to 0.22 CAD. Greenlane highlights progress on the Cascade LF product line and plans to start manufacturing in Brazil and North America in 2026. » More on de.investing.com