Greenlane Holdings (GNLN) Tax Provisions (2018 - 2023)
Greenlane Holdings (GNLN) reported Tax Provisions of -$6.8 million for Q4 2023, up 22.49% on a YoY basis from -$5.5 million in Q4 2022, and down 96785.71% sequentially from -$7000.0 in Q2 2023.
Greenlane Holdings (GNLN) Tax Provisions (2018 - 2023) Analysis & Trends
Greenlane Holdings (GNLN) has 6 years of Tax Provisions data on file, last reported at -$6.8 million in Q4 2023.
- For the quarter ending Q4 2023, Tax Provisions rose 22.49% year-over-year to -$6.8 million; the trailing twelve-month figure through Dec 2023 stood at -$6.8 million (up 21.87% YoY), and the FY2025 full-year result was $7000.0, up 100.83% from the prior year.
- Tax Provisions eased to -$6.8 million in Q4 2023, from -$7000.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $11.1 million in Q3 2019 to a low of -$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.
- Across the five-year window, Tax Provisions soared 5632.12% in 2019 and slumped 41766.67% in 2022, its largest moves.
- Tracing GNLN's Tax Provisions over 5 years: stood at -$31000.0 in 2019, then surged by 251.61% to $47000.0 in 2020, then plunged by 55.32% to $21000.0 in 2021, then tumbled by 41766.67% to -$8.8 million in 2022, then rose by 22.49% to -$6.8 million in 2023.
- Business Quant data shows GNLN's Tax Provisions at -$6.8 million in Q4 2023, -$7000.0 in Q2 2023, and $1000.0 in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 676.00 Mn |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | - |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 676.00 Mn |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | -6.56 Mn |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | -2.81 Mn |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | 4.81 Mn |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | 177,407.00 |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | -25.59 Mn |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | 650,260.00 |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | - |
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 |