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Side-by-side financial comparison of GREENPOWER MOTOR Co INC. (GP) and Metalpha Technology Holding Ltd (MATH). Click either name above to swap in a different company.

Metalpha Technology Holding Ltd is the larger business by last-quarter revenue ($12.0M vs $7.2M, roughly 1.7× GREENPOWER MOTOR Co INC.). Metalpha Technology Holding Ltd runs the higher net margin — -24.0% vs -65.6%, a 41.6% gap on every dollar of revenue. On growth, GREENPOWER MOTOR Co INC. posted the faster year-over-year revenue change (-11.5% vs -39.0%).

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.

Metalpha Technology Holding Ltd is a global fintech firm specializing in digital asset wealth management, institutional-grade crypto investment services, and Web3 ecosystem infrastructure support. It serves professional investors, financial institutions, and high-net-worth clients across Asia, North America and Europe, with core segments including structured digital asset products, risk management solutions and DeFi technology development.

GP vs MATH — Head-to-Head

Bigger by revenue
MATH
MATH
1.7× larger
MATH
$12.0M
$7.2M
GP
Growing faster (revenue YoY)
GP
GP
+27.5% gap
GP
-11.5%
-39.0%
MATH
Higher net margin
MATH
MATH
41.6% more per $
MATH
-24.0%
-65.6%
GP

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
GP
GP
MATH
MATH
Revenue
$7.2M
$12.0M
Net Profit
$-4.7M
$-2.9M
Gross Margin
14.6%
28.3%
Operating Margin
-24.2%
Net Margin
-65.6%
-24.0%
Revenue YoY
-11.5%
-39.0%
Net Profit YoY
-2.1%
-147.7%
EPS (diluted)
$-0.17
$-0.07

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
MATH
MATH
Q3 25
$12.0M
Q1 25
$24.8M
Q4 24
$7.2M
Q3 24
$5.3M
$19.7M
Q2 24
$3.0M
Q4 23
$8.2M
Q3 23
$8.4M
Q2 23
$17.6M
Net Profit
GP
GP
MATH
MATH
Q3 25
$-2.9M
Q1 25
$9.8M
Q4 24
$-4.7M
Q3 24
$-4.7M
$6.0M
Q2 24
$-5.4M
Q4 23
$-4.6M
Q3 23
$-4.3M
Q2 23
$-2.8M
Gross Margin
GP
GP
MATH
MATH
Q3 25
28.3%
Q1 25
85.7%
Q4 24
14.6%
Q3 24
8.6%
49.5%
Q2 24
7.4%
Q4 23
16.6%
Q3 23
14.6%
Q2 23
15.9%
Operating Margin
GP
GP
MATH
MATH
Q3 25
-24.2%
Q1 25
39.3%
Q4 24
Q3 24
38.9%
Q2 24
Q4 23
Q3 23
Q2 23
Net Margin
GP
GP
MATH
MATH
Q3 25
-24.0%
Q1 25
39.6%
Q4 24
-65.6%
Q3 24
-87.9%
30.7%
Q2 24
-179.8%
Q4 23
-56.9%
Q3 23
-50.4%
Q2 23
-16.0%
EPS (diluted)
GP
GP
MATH
MATH
Q3 25
$-0.07
Q1 25
$0.25
Q4 24
$-0.17
Q3 24
$-0.18
$0.16
Q2 24
$-0.21
Q4 23
$-0.19
Q3 23
$-0.17
Q2 23
$-0.11

Balance Sheet & Financial Strength

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

Metric
GP
GP
MATH
MATH
Cash + ST InvestmentsLiquidity on hand
$621.1K
$10.1M
Total DebtLower is stronger
$101.2K
Stockholders' EquityBook value
$2.1M
$35.1M
Total Assets
$37.4M
$413.8M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GP
GP
MATH
MATH
Q3 25
$10.1M
Q1 25
$6.9M
Q4 24
$621.1K
Q3 24
$116.9K
$3.8M
Q2 24
$528.3K
Q4 23
$4.0M
Q3 23
$2.0M
Q2 23
$1.5M
Total Debt
GP
GP
MATH
MATH
Q3 25
$101.2K
Q1 25
$188.0K
Q4 24
Q3 24
$275.1K
Q2 24
Q4 23
Q3 23
Q2 23
Stockholders' Equity
GP
GP
MATH
MATH
Q3 25
$35.1M
Q1 25
$36.6M
Q4 24
$2.1M
Q3 24
$4.2M
$25.3M
Q2 24
$8.6M
Q4 23
$18.1M
Q3 23
$22.3M
Q2 23
$26.2M
Total Assets
GP
GP
MATH
MATH
Q3 25
$413.8M
Q1 25
$246.8M
Q4 24
$37.4M
Q3 24
$39.4M
$237.2M
Q2 24
$43.5M
Q4 23
$50.2M
Q3 23
Q2 23
Debt / Equity
GP
GP
MATH
MATH
Q3 25
0.00×
Q1 25
0.01×
Q4 24
Q3 24
0.01×
Q2 24
Q4 23
Q3 23
Q2 23

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
MATH
MATH
Operating Cash FlowLast quarter
$-1.1M
$3.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GP
GP
MATH
MATH
Q3 25
$3.3M
Q1 25
$16.2M
Q4 24
$-1.1M
Q3 24
$-1.3M
$-16.1M
Q2 24
$-3.2M
Q4 23
$1.4M
Q3 23
$-5.4M
Q2 23
$7.8M
Cash Conversion
GP
GP
MATH
MATH
Q3 25
Q1 25
1.64×
Q4 24
Q3 24
-2.66×
Q2 24
Q4 23
Q3 23
Q2 23

Financial Flow Comparison

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

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