Greenlane Holdings (GNLN) Tax Provisions (2018 - 2023)
Greenlane Holdings (GNLN) posted Tax Provisions of -$7000.0 for Q2 2023, down 800.0% sequentially from $1000.0 in Q1 2023, and up 56.25% YoY from -$4480.0 in Q2 2022.
Greenlane Holdings (GNLN) Tax Provisions (2018 - 2023) Analysis & Trends
Greenlane Holdings (GNLN) has 6 years of Tax Provisions data on file, last reported at -$7000.0 in Q2 2023.
- Quarterly Tax Provisions rose 56.25% year-over-year to -$7000.0 in Q2 2023, while the trailing twelve-month figure through Sep 2023 was -$81000.0 (down 197.59% YoY) and the FY2025 annual result came in at $7000.0, changed N/A from the prior year.
- Tax Provisions eased to -$7000.0 in Q2 2023 per GNLN's latest filing, from $1000.0 in the prior quarter.
- The five-year high for Tax Provisions was $11.1 million in Q3 2019, with the low at -$108000.0 in Q2 2019.
- Average Tax Provisions over 5 years is $654176.5, with a median of $3000.0 recorded in 2021.
- Year-over-year, Tax Provisions jumped 5632.12% in 2019 and plunged 775.0% in 2020.
- Greenlane Holdings' Tax Provisions stood at -$31000.0 in 2019, then soared by 251.61% to $47000.0 in 2020, then plunged by 55.32% to $21000.0 in 2021, then plunged by 457.14% to -$75000.0 in 2022, then surged by 90.67% to -$7000.0 in 2023.
- Business Quant data shows GNLN's Tax Provisions at -$7000.0 in Q2 2023, $1000.0 in Q1 2023, and -$75000.0 in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 676.00 Mn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | -6.56 Mn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | -2.81 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 4.81 Mn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | 177,407.00 |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | -25.59 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 | 650,260.00 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 236,042.00 |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -7,000.00 |
| Mar 31, 2023 | 1,000.00 |
| Dec 31, 2022 | -75,000.00 |
| Jun 30, 2022 | -16,000.00 |
| Mar 31, 2022 | 78,000.00 |
| Dec 31, 2021 | 21,000.00 |
| Sep 30, 2021 | 3,000.00 |
| Jun 30, 2021 | 4,000.00 |
| Mar 31, 2021 | -18,000.00 |
| Dec 31, 2020 | 47,000.00 |
| Sep 30, 2020 | 220,000.00 |
| Jun 30, 2020 | 8,000.00 |
| Mar 31, 2020 | -81,000.00 |
| Dec 31, 2019 | -31,000.00 |
| Sep 30, 2019 | 11.06 Mn |
| Jun 30, 2019 | -108,000.00 |
| Mar 31, 2019 | 12,000.00 |
| Dec 31, 2018 | -23,000.00 |
| Sep 30, 2018 | 193,000.00 |
| Jun 30, 2018 | 67,000.00 |