Greenlane Holdings (GNLN) Current Deferred Revenue (2018 - 2023)
Greenlane Holdings (GNLN) posted Current Deferred Revenue of $2.4 million for Q3 2023, down 17.97% sequentially from $2.9 million in Q2 2023, and down 46.72% YoY from $4.5 million in Q3 2022.
Greenlane Holdings (GNLN) Current Deferred Revenue (2018 - 2023) Analysis & Trends
Greenlane Holdings has reported Current Deferred Revenue for 6 years, with the latest figure at $2.4 million in Q3 2023.
- Quarterly Current Deferred Revenue fell 46.72% year-over-year to $2.4 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $2.4 million (down 46.72% YoY) and the FY2022 annual result came in at $4.0 million, down 49.73% from the prior year.
- Current Deferred Revenue eased to $2.4 million in Q3 2023 per GNLN's latest filing, from $2.9 million in the prior quarter.
- Over five years, Current Deferred Revenue peaked at $7.9 million in Q4 2021 and troughed at $2.4 million in Q3 2023.
- A 5-year average of $4.0 million and a median of $3.2 million in 2019 frame the typical range for Current Deferred Revenue.
- The sharpest annual moves came in 2021 and 2023: Current Deferred Revenue soared 190.36% in 2021, then plunged 52.85% in 2023.
- Over 5 years, Current Deferred Revenue stood at $3.2 million in 2019, then retreated by 13.42% to $2.7 million in 2020, then jumped by 190.36% to $7.9 million in 2021, then tumbled by 49.73% to $4.0 million in 2022, then slumped by 39.49% to $2.4 million in 2023.
- According to Business Quant data, Current Deferred Revenue over the past three periods registered $2.4 million, $2.9 million, and $3.2 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 293.98 Bn | 287.98 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 121.71 Bn | 118.01 Bn | - |
| 3 | Altria | 109.91 Bn | 107.54 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.20 Bn | 1.46 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.66 Bn | 1.39 Bn | 93.70 Mn |
| 6 | Universal | 1.12 Bn | 847.98 Mn | 83.09 Mn |
| 7 | Ispire Technology | 85.94 Mn | 66.71 Mn | 1.99 Mn |
| 8 | Rythm | 49.62 Mn | 7.71 Mn | 18.54 Mn |
| 9 | Greenlane Holdings | 11.72 Mn | -12.78 Mn | 32,000.00 |
| 10 | VPR Brands | 9.12 Mn | 6.78 Mn | 161,075.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 2.41 Mn |
| Jun 30, 2023 | 2.94 Mn |
| Mar 31, 2023 | 3.22 Mn |
| Dec 31, 2022 | 3.98 Mn |
| Sep 30, 2022 | 4.52 Mn |
| Jun 30, 2022 | 5.16 Mn |
| Mar 31, 2022 | 6.84 Mn |
| Dec 31, 2021 | 7.92 Mn |
| Sep 30, 2021 | 6.52 Mn |
| Jun 30, 2021 | 2.68 Mn |
| Mar 31, 2021 | 3.27 Mn |
| Dec 31, 2020 | 2.73 Mn |
| Sep 30, 2020 | 2.59 Mn |
| Jun 30, 2020 | 3.04 Mn |
| Mar 31, 2020 | 2.58 Mn |
| Dec 31, 2019 | 3.15 Mn |
| Dec 31, 2018 | 3.07 Mn |