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 (GNLN) has 6 years of Current Deferred Revenue data on file, last reported 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.
- The five-year high for Current Deferred Revenue was $7.9 million in Q4 2021, with the low at $2.4 million in Q3 2023.
- Average Current Deferred Revenue over 5 years is $4.0 million, with a median of $3.2 million recorded in 2019.
- Year-over-year, Current Deferred Revenue surged 190.36% in 2021 and slumped 52.85% in 2023.
- Greenlane Holdings' Current Deferred Revenue stood at $3.2 million in 2019, then decreased by 13.42% to $2.7 million in 2020, then surged by 190.36% to $7.9 million in 2021, then plunged by 49.73% to $4.0 million in 2022, then tumbled by 39.49% to $2.4 million in 2023.
- Business Quant data shows GNLN's Current Deferred Revenue at $2.4 million in Q3 2023, $2.9 million in Q2 2023, and $3.2 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 |
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 |