Greenlane Renewables (GRN) Corporate presentation summary

Market opportunity and industry trends

• Global renewable natural gas (RNG) market is dynamic and fast-growing, with Brazil's demand projected to outpace global rates and increase sevenfold by 2035, equating to a 21% CAGR.

• RNG is positioned as a high-value, low-carbon, local energy source essential for hard-to-decarbonize sectors, including utilities, transportation, and industry.

• Biomethane is the fastest-growing form of bioenergy, projected to grow at 15% annually through 2035, with strong policy support in Europe, the US, and Canada.

• Brazil's new Fuel of the Future law mandates increasing biomethane blending, and the sugar mill sector presents a significant untapped opportunity.

Strategic initiatives and product innovation

• Focus on four strategic pillars: price and performance, manufacturing control, intellectual property, and partnerships.

• Proprietary product lines include Cascade LF (landfill gas upgrading), Cascade H2S (biogas desulfurization), Cascade MS (membrane separation), and Cascade H2O (water wash).

• Partnership with Panasonic enables local production in Brazil, supporting scalability and cost efficiency.

• Step-change growth targeted with Cascade LF, with manufacturing in Brazil planned by end of 2026 and expansion to North America.

• Strategic shift to higher-margin, lower-risk contracts and technology licensing, reducing exposure to low-margin system integration.

Financial performance and capital structure

• Achieved $44.4M revenue in 2025 with a 43% gross margin and positive adjusted EBITDA of $2.3M (5% of revenue), up from a loss in 2024.

• Maintains a solid cash balance of $13.5M and no debt as of March 2026, with a market capitalization of ~$37M.

• Over 500 systems sold in 32 countries, with a focus on recurring revenue from parts and service and technology licensing.

• Revenue growth in profitable business areas: parts and service (34% CAGR) and biogas desulfurization (27% CAGR).