Greenlane Renewables (GRN) Investor presentation summary

Strategic positioning and market opportunity

• Accelerating the energy transition by advancing biogas upgrading technology for RNG production from diverse organic waste sources.

• Global RNG industry volumes projected to grow at 15% annually over the next decade, with biomethane as the fastest-growing bioenergy form.

• Brazil's biomethane demand expected to increase sevenfold by 2035, driven by new regulations and vast agricultural resources.

• Supplied over 355 systems in 28 countries, establishing a pioneering presence and market leadership in key regions.

• Focused on solving industry challenges such as cost-effective H2S removal and landfill gas upgrading.

Business segments and revenue breakdown

• FY 2024 revenue totaled $51.8 million, with 83% from system sales, 15% from parts and service, and 2% from royalties.

• Gross margin for FY 2024 was $16.3 million, or 32% of revenue, with system sales contributing 65% of gross margin.

• Recurring revenue from parts and service is growing, supported by a large installed base and comprehensive maintenance offerings.

• Royalty revenue opportunity in Brazil through a technology license agreement for local production and deployment.

Product innovation and technology

• Product lines include next-generation landfill gas upgrading (Cascade LF), biogas desulfurization (Cascade H2S), membrane separation (Cascade MS), and water wash (Cascade H2O).

• Three new patent applications filed since December 2024, strengthening intellectual property portfolio.

• Next-generation landfill gas upgrading product line to be launched in September 2025, targeting higher performance and lower cost.