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Side-by-side financial comparison of Equillium, Inc. (EQ) and GREENPOWER MOTOR Co INC. (GP). Click either name above to swap in a different company.

GREENPOWER MOTOR Co INC. is the larger business by last-quarter revenue ($7.2M vs $4.4M, roughly 1.6× Equillium, Inc.). GREENPOWER MOTOR Co INC. runs the higher net margin — -65.6% vs -131.9%, a 66.3% gap on every dollar of revenue. On growth, GREENPOWER MOTOR Co INC. posted the faster year-over-year revenue change (-11.5% vs -52.3%).

Equillium, Inc. is a clinical-stage biotechnology company focused on developing novel therapies for severe autoimmune and inflammatory diseases with high unmet medical needs. It advances pipeline candidates targeting immune system dysregulation, primarily catering to patients and healthcare providers across the United States.

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.

EQ vs GP — Head-to-Head

Bigger by revenue
GP
GP
1.6× larger
GP
$7.2M
$4.4M
EQ
Growing faster (revenue YoY)
GP
GP
+40.8% gap
GP
-11.5%
-52.3%
EQ
Higher net margin
GP
GP
66.3% more per $
GP
-65.6%
-131.9%
EQ

Income Statement — Q4 FY2024 vs Q3 FY2025

Metric
EQ
EQ
GP
GP
Revenue
$4.4M
$7.2M
Net Profit
$-5.8M
$-4.7M
Gross Margin
14.6%
Operating Margin
-107.0%
Net Margin
-131.9%
-65.6%
Revenue YoY
-52.3%
-11.5%
Net Profit YoY
-147.4%
-2.1%
EPS (diluted)
$-0.16
$-0.17

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EQ
EQ
GP
GP
Q4 24
$4.4M
$7.2M
Q3 24
$12.2M
$5.3M
Q2 24
$13.9M
$3.0M
Q1 24
$10.7M
Q4 23
$9.2M
$8.2M
Q3 23
$8.9M
$8.4M
Q2 23
$9.1M
$17.6M
Q1 23
$8.9M
Net Profit
EQ
EQ
GP
GP
Q4 24
$-5.8M
$-4.7M
Q3 24
$-7.0K
$-4.7M
Q2 24
$468.0K
$-5.4M
Q1 24
$-2.7M
Q4 23
$-2.3M
$-4.6M
Q3 23
$-3.7M
$-4.3M
Q2 23
$-3.3M
$-2.8M
Q1 23
$-3.9M
Gross Margin
EQ
EQ
GP
GP
Q4 24
14.6%
Q3 24
8.6%
Q2 24
7.4%
Q1 24
Q4 23
16.6%
Q3 23
14.6%
Q2 23
15.9%
Q1 23
Operating Margin
EQ
EQ
GP
GP
Q4 24
-107.0%
Q3 24
-5.6%
Q2 24
-0.7%
Q1 24
-26.1%
Q4 23
-34.7%
Q3 23
-40.8%
Q2 23
-39.4%
Q1 23
-46.3%
Net Margin
EQ
EQ
GP
GP
Q4 24
-131.9%
-65.6%
Q3 24
-0.1%
-87.9%
Q2 24
3.4%
-179.8%
Q1 24
-25.6%
Q4 23
-25.4%
-56.9%
Q3 23
-41.8%
-50.4%
Q2 23
-36.6%
-16.0%
Q1 23
-44.4%
EPS (diluted)
EQ
EQ
GP
GP
Q4 24
$-0.16
$-0.17
Q3 24
$0.00
$-0.18
Q2 24
$0.01
$-0.21
Q1 24
$-0.08
Q4 23
$-0.06
$-0.19
Q3 23
$-0.11
$-0.17
Q2 23
$-0.10
$-0.11
Q1 23
$-0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EQ
EQ
GP
GP
Cash + ST InvestmentsLiquidity on hand
$18.1M
$621.1K
Total DebtLower is stronger
Stockholders' EquityBook value
$19.1M
$2.1M
Total Assets
$25.6M
$37.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQ
EQ
GP
GP
Q4 24
$18.1M
$621.1K
Q3 24
$15.4M
$116.9K
Q2 24
$11.1M
$528.3K
Q1 24
$11.6M
Q4 23
$23.2M
$4.0M
Q3 23
$34.4M
$2.0M
Q2 23
$25.6M
$1.5M
Q1 23
$24.5M
Total Debt
EQ
EQ
GP
GP
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23
Q2 23
Q1 23
$7.6M
Stockholders' Equity
EQ
EQ
GP
GP
Q4 24
$19.1M
$2.1M
Q3 24
$23.2M
$4.2M
Q2 24
$22.4M
$8.6M
Q1 24
$21.1M
Q4 23
$22.6M
$18.1M
Q3 23
$24.1M
$22.3M
Q2 23
$27.0M
$26.2M
Q1 23
$29.3M
Total Assets
EQ
EQ
GP
GP
Q4 24
$25.6M
$37.4M
Q3 24
$34.5M
$39.4M
Q2 24
$42.9M
$43.5M
Q1 24
$43.6M
Q4 23
$50.5M
$50.2M
Q3 23
$55.2M
Q2 23
$58.8M
Q1 23
$71.8M
Debt / Equity
EQ
EQ
GP
GP
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23
Q2 23
Q1 23
0.26×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EQ
EQ
GP
GP
Operating Cash FlowLast quarter
$-3.3M
$-1.1M
Free Cash FlowOCF − Capex
$-3.3M
FCF MarginFCF / Revenue
-75.2%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQ
EQ
GP
GP
Q4 24
$-3.3M
$-1.1M
Q3 24
$-7.7M
$-1.3M
Q2 24
$730.0K
$-3.2M
Q1 24
$-8.8M
Q4 23
$-5.7M
$1.4M
Q3 23
$-1.9M
$-5.4M
Q2 23
$-6.2M
$7.8M
Q1 23
$-8.0M
Free Cash Flow
EQ
EQ
GP
GP
Q4 24
$-3.3M
Q3 24
Q2 24
$668.0K
Q1 24
$-8.8M
Q4 23
Q3 23
Q2 23
Q1 23
FCF Margin
EQ
EQ
GP
GP
Q4 24
-75.2%
Q3 24
Q2 24
4.8%
Q1 24
-82.5%
Q4 23
Q3 23
Q2 23
Q1 23
Capex Intensity
EQ
EQ
GP
GP
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.4%
Q1 24
0.2%
Q4 23
Q3 23
Q2 23
Q1 23
Cash Conversion
EQ
EQ
GP
GP
Q4 24
Q3 24
Q2 24
1.56×
Q1 24
Q4 23
Q3 23
Q2 23
Q1 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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