Greenlane Holdings (GNLN) Tax Provisions (2018 - 2023)
Greenlane Holdings (GNLN) posted Tax Provisions of -$6.8 million for Q4 2023, down 96785.71% sequentially from -$7000.0 in Q2 2023, and up 22.49% YoY from -$5.5 million in Q4 2022.
Greenlane Holdings (GNLN) Tax Provisions (2018 - 2023) Analysis & Trends
Greenlane Holdings has reported Tax Provisions for 6 years, with the latest figure at -$6.8 million in Q4 2023.
- Quarterly Tax Provisions rose 22.49% year-over-year to -$6.8 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was -$6.8 million (up 21.87% YoY) and the FY2025 annual result came in at $7000.0, up 100.83% from the prior year.
- Tax Provisions eased to -$6.8 million in Q4 2023 per GNLN's latest filing, from -$7000.0 in the prior quarter.
- Over five years, Tax Provisions peaked at $11.1 million in Q3 2019 and troughed at -$8.8 million in Q4 2022.
- A 5-year average of -$240888.9 and a median of $2000.0 in 2021 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2019 and 2022: Tax Provisions surged 5632.12% in 2019, then plunged 41766.67% in 2022.
- Over 5 years, Tax Provisions stood at -$31000.0 in 2019, then surged by 251.61% to $47000.0 in 2020, then tumbled by 55.32% to $21000.0 in 2021, then slumped by 41766.67% to -$8.8 million in 2022, then climbed by 22.49% to -$6.8 million in 2023.
- According to Business Quant data, Tax Provisions over the past three periods registered -$6.8 million, -$7000.0, and $1000.0 for Q4 2023, Q2 2023, and Q1 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 Bn | 955.00 Mn |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - | - |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn | 631.00 Mn |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | -3.66 Mn |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 3.68 Mn |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | -4.52 Mn |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | 177,407.00 |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | -1.21 Mn |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | -5,000.00 |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | -395,404.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -6.78 Mn |
| Jun 30, 2023 | -7,000.00 |
| Mar 31, 2023 | 1,000.00 |
| Dec 31, 2022 | -8.75 Mn |
| 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 |