Greenlane Renewables Reports Q3 Net Income Increase to C$0.4M

Greenlane Renewables (GRNWF) has released its third-quarter financial results, demonstrating significant growth in profitability compared to the previous year. The company reported a net income and comprehensive income of C$0.4 million, marking an increase from the C$0.1 million recorded during the same period last year. In addition to the rise in net income, Greenlane reported quarterly revenue of C$12.3 million and achieved an adjusted EBITDA of C$2 million. These results reflect the company's ongoing operational performance within the renewable energy sector.

By Preeti Singh, SA News Editor · Seeking Alpha ·

Greenlane Renewables Reports Q3 Net Income Increase to C$0.4M

Topics: EBITDA financial results net income revenue

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