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

Maase Inc. is the larger business by last-quarter revenue ($9.9M vs $7.2M, roughly 1.4× GREENPOWER MOTOR Co INC.).

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.

GP vs MAAS — Head-to-Head

Bigger by revenue
MAAS
MAAS
1.4× larger
MAAS
$9.9M
$7.2M
GP

Income Statement — Q3 FY2025 vs Q2 FY2023

Metric
GP
GP
MAAS
MAAS
Revenue
$7.2M
$9.9M
Net Profit
$-4.7M
Gross Margin
14.6%
78.7%
Operating Margin
-55.9%
Net Margin
-65.6%
Revenue YoY
-11.5%
Net Profit YoY
-2.1%
EPS (diluted)
$-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
GP
GP
MAAS
MAAS
Q4 24
$7.2M
Q3 24
$5.3M
Q2 24
$3.0M
Q4 23
$8.2M
Q3 23
$8.4M
Q2 23
$17.6M
Q4 22
$12.8M
$9.9M
Net Profit
GP
GP
MAAS
MAAS
Q4 24
$-4.7M
Q3 24
$-4.7M
Q2 24
$-5.4M
Q4 23
$-4.6M
Q3 23
$-4.3M
Q2 23
$-2.8M
Q4 22
$-3.4M
Gross Margin
GP
GP
MAAS
MAAS
Q4 24
14.6%
Q3 24
8.6%
Q2 24
7.4%
Q4 23
16.6%
Q3 23
14.6%
Q2 23
15.9%
Q4 22
17.4%
78.7%
Operating Margin
GP
GP
MAAS
MAAS
Q4 24
Q3 24
Q2 24
Q4 23
Q3 23
Q2 23
Q4 22
-55.9%
Net Margin
GP
GP
MAAS
MAAS
Q4 24
-65.6%
Q3 24
-87.9%
Q2 24
-179.8%
Q4 23
-56.9%
Q3 23
-50.4%
Q2 23
-16.0%
Q4 22
-26.4%
EPS (diluted)
GP
GP
MAAS
MAAS
Q4 24
$-0.17
Q3 24
$-0.18
Q2 24
$-0.21
Q4 23
$-0.19
Q3 23
$-0.17
Q2 23
$-0.11
Q4 22
$-0.14

Balance Sheet & Financial Strength

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

Metric
GP
GP
MAAS
MAAS
Cash + ST InvestmentsLiquidity on hand
$621.1K
$10.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.1M
$31.6M
Total Assets
$37.4M
$47.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GP
GP
MAAS
MAAS
Q4 24
$621.1K
Q3 24
$116.9K
Q2 24
$528.3K
Q4 23
$4.0M
Q3 23
$2.0M
Q2 23
$1.5M
Q4 22
$609.6K
$10.9M
Stockholders' Equity
GP
GP
MAAS
MAAS
Q4 24
$2.1M
Q3 24
$4.2M
Q2 24
$8.6M
Q4 23
$18.1M
Q3 23
$22.3M
Q2 23
$26.2M
Q4 22
$27.3M
$31.6M
Total Assets
GP
GP
MAAS
MAAS
Q4 24
$37.4M
Q3 24
$39.4M
Q2 24
$43.5M
Q4 23
$50.2M
Q3 23
Q2 23
Q4 22
$47.0M

Cash Flow & Capital Efficiency

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

Metric
GP
GP
MAAS
MAAS
Operating Cash FlowLast quarter
$-1.1M
$-18.2M
Free Cash FlowOCF − Capex
$-18.3M
FCF MarginFCF / Revenue
-184.4%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GP
GP
MAAS
MAAS
Q4 24
$-1.1M
Q3 24
$-1.3M
Q2 24
$-3.2M
Q4 23
$1.4M
Q3 23
$-5.4M
Q2 23
$7.8M
Q4 22
$-18.2M
Free Cash Flow
GP
GP
MAAS
MAAS
Q4 24
Q3 24
Q2 24
Q4 23
Q3 23
Q2 23
Q4 22
$-18.3M
FCF Margin
GP
GP
MAAS
MAAS
Q4 24
Q3 24
Q2 24
Q4 23
Q3 23
Q2 23
Q4 22
-184.4%
Capex Intensity
GP
GP
MAAS
MAAS
Q4 24
Q3 24
Q2 24
Q4 23
Q3 23
Q2 23
Q4 22
1.0%

Financial Flow Comparison

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

Revenue Breakdown by Segment

GP
GP

Segment breakdown not available.

MAAS
MAAS

Wealth management$7.8M78%
Insurance consulting$1.0M10%
Other$975.0K10%
Asset management$168.0K2%

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