Greenlane Holdings, Inc. GNLN
Nasdaq · XNAS · stock · Wholesale-Durable Goods, NEC
Chart by TradingView
2/9
Piotroski F — financial health
-8.15
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $4.4M | $13.3M | $65.4M | $137.1M | $166.1M |
| Gross profit | -$12.5M | $6.3M | $17.8M | $25.0M | $33.9M |
| Operating income | -$54.2M | -$11.8M | -$26.1M | -$184.1M | -$52.7M |
| Net income | -$85.6M | -$17.6M | -$32.2M | -$169.5M | -$30.6M |
| Operating cash flow | -$16.3M | -$6.8M | -$1.8M | -$26.4M | -$37.3M |
| Free cash flow | -$16.4M | -$7.0M | -$2.8M | -$29.2M | -$41.7M |
| Total assets | $74.9M | $28.6M | $38.1M | $89.7M | $285.8M |
| Total liabilities | $7.2M | $22.3M | $27.1M | $50.7M | $89.5M |
| Shareholders' equity | $67.7M | $6.3M | $11.0M | $39.0M | $196.4M |
| Ratios | |||||
| Gross margin | -286.2% | 47.3% | 27.3% | 18.2% | 20.4% |
| Operating margin | -1245.6% | -89.0% | -39.9% | -134.3% | -31.7% |
| Net margin | -1965.1% | -132.9% | -49.2% | -123.7% | -18.4% |
| FCF margin | -375.6% | -52.7% | -4.3% | -21.3% | -25.1% |
| Return on assets | -114.2% | -61.6% | -84.5% | -189.0% | -10.7% |
| Return on equity | -126.4% | -281.0% | -292.7% | -434.7% | -15.6% |
| Debt / equity | — | 1.22× | 0.66× | 0.47× | 0.11× |
| Current ratio | 5.01 | 1.07 | 1.14 | 2.15 | 1.76 |
| Revenue growth | -67.2% | -79.7% | -52.3% | -17.4% | 20.1% |
Why these scores methodology →
Piotroski F-score: 2/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: -8.15 (distress)
- Working capital / assets 0.385
- Retained earnings / assets -4.811
- EBIT / assets -0.724
- Equity / liabilities 9.397
Sector peers
MCK · CAH · SYY · PFGC · SNX · INGM · all Wholesale Trade →
Source: SEC EDGAR filings · CIK 0001743745 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.