GREENPOWER MOTOR Co INC.GPEarnings & Financial Report
GreenPower Motor Company Inc. is a Canadian electric bus manufacturer and distributor in North America. The company fabricates multiple zero-emission models, including transit buses, school buses, and double decker buses. GreenPower headquarters are in Vancouver, British Columbia, with a sales office in Rancho Cucamonga, California; an assembly facility in Porterville, California; and a production facility in South Charleston, West Virginia. Its stock is traded on Nasdaq the United States.
Revenue
$5.3M
Gross Profit
$459.6K
Operating Profit
N/A
Net Profit
$-4.7M
Gross Margin
8.6%
Operating Margin
N/A
Net Margin
-87.9%
YoY Growth
-36.6%
EPS
$-0.18
GREENPOWER MOTOR Co INC. Q2 FY2025 Financial Summary
GREENPOWER MOTOR Co INC. reported revenue of $5.3M (down 36.6% YoY) for Q2 FY2025, with a net profit of $-4.7M (down 10.4% YoY) (-87.9% margin). Cost of goods sold was $4.9M.
Key Financial Metrics
| Total Revenue | $5.3M |
|---|---|
| Net Profit | $-4.7M |
| Gross Margin | 8.6% |
| Operating Margin | N/A |
| Report Period | Q2 FY2025 |
GREENPOWER MOTOR Co INC. Quarterly Revenue & Net Profit History
GREENPOWER MOTOR Co INC. results over the last 7 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $7.2M | -11.5% | $-4.7M | -65.6% |
| Q2 FY2025 | $5.3M | -36.6% | $-4.7M | -87.9% |
| Q1 FY2025 | $3.0M | -83.0% | $-5.4M | -179.8% |
| Q3 FY2024 | $8.2M | -36.3% | $-4.6M | -56.9% |
| Q2 FY2024 | $8.4M | — | $-4.3M | -50.4% |
| Q1 FY2024 | $17.6M | — | $-2.8M | -16.0% |
| Q3 FY2023 | $12.8M | — | $-3.4M | -26.4% |
Income Statement
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Revenue | $12.8M | $17.6M | $8.4M | $8.2M | $3.0M | $5.3M | $7.2M |
| YoY Growth | N/A | N/A | N/A | -36.3% | -83.0% | -36.6% | -11.5% |
Balance Sheet
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Assets | N/A | N/A | N/A | $50.2M | $43.5M | $39.4M | $37.4M |
| Liabilities | N/A | N/A | N/A | $32.1M | $34.9M | $35.2M | $35.2M |
| Equity | $27.3M | $26.2M | $22.3M | $18.1M | $8.6M | $4.2M | $2.1M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|
| Operating CF | $7.8M | $-5.4M | $1.4M | $-3.2M | $-1.3M | $-1.1M |