GreenPower Motor Company Inc (GP)

Name: GreenPower Motor Company Inc Financial Statements
Creator: Quarter Results

Consumer Cyclical | Auto Manufacturers

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$8.5M

Net Income

$4.2M

Operating Margin

58.0%

Free Cash Flow

-$6.1M

Debt / Assets

104.6%

Values are in USD and rounded to the nearest whole number unless noted.

Swipe horizontally to view all columns.

Income statement quarterly history for GreenPower Motor Company Inc (GP).
Income Statement (Quarterly)	2025-12-31	2025-09-30	2025-06-30	2024-12-31
Revenue	8,495,323	2,462,217	1,549,467	7,218,897
Cost of Revenue	1,515,791	2,537,733	1,187,785	6,164,860
Gross Profit	6,979,532	-75,515	361,682	1,054,037
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	1,940,005	2,600,956	3,361,075	4,214,515
Operating Expenses	2,054,382	2,819,609	3,946,659	5,234,644
Operating Income	4,925,150	-2,895,124	-3,584,977	-4,180,607
Interest Expense	710,483	605,571	571,898	562,360
Income Before Tax	4,213,685	-3,553,522	-4,163,851	-4,739,022
Income Tax Expense	0	0	0	0
Net Income	4,213,685	-3,553,522	-4,163,851	-4,739,022
Per Share
EPS	1.32	-0.12	-0.14	-0.17
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for GreenPower Motor Company Inc (GP).
Income Statement (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Revenue	19,847,279	39,271,839	39,695,890	17,236,773	11,884,578
Cost of Revenue	17,650,661	33,914,237	32,445,836	13,360,068	8,304,438
Gross Profit	2,196,618	5,357,602	7,250,054	3,876,705	3,580,140
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	17,127,096	17,039,085	17,130,566	16,010,558	7,867,688
Operating Expenses	20,116,132	22,159,977	20,535,280	18,062,557	9,578,829
Operating Income	-17,919,514	-16,802,375	-13,285,226	-14,185,852	-7,836,754
Interest Expense	2,176,337	1,554,858	1,549,769	515,668	1,598,588
Income Before Tax	-18,663,448	-18,342,796	-15,043,857	-15,009,920	-7,836,754
Income Tax Expense	0	0	281,729	824,068	0
Net Income	-18,663,448	-18,342,796	-15,325,586	-15,833,988	-7,836,754
Per Share
EPS	-0.68	-0.74	-0.65	-0.72	-0.43
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for GreenPower Motor Company Inc (GP).
Balance Sheet (Quarterly)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Assets
Cash and Cash Equivalents	344,244	1,150,891	600,402	884,784
Short Term Investments	0	0	0	0
Net Receivables	587,266	2,943,471	11,458,779	3,450,382
Inventory	25,601,888	32,010,630	41,609,234	32,254,854
Total Current Assets	27,775,068	36,853,355	54,156,170	43,095,077
Property Plant Equipment	6,790,137	6,888,088	7,450,529	3,559,996
Goodwill and Intangibles	0	0	0	0
Total Assets	35,071,725	45,203,284	63,525,183	49,606,932
Liabilities
Account Payables	0	2,871,575	7,108,052	1,731,174
Short Term Debt	11,542,681	10,361,310	10,570,384	5,886,988
Total Current Liabilities	19,668,259	21,291,590	26,500,278	11,513,607
Long Term Debt	8,384,376	6,438,184	5,179,562	0
Total Liabilities	36,677,691	33,636,465	35,863,177	15,221,739
Shareholders Equity
Retained Earnings	-97,423,507	-78,939,461	-60,790,972	-46,359,308
Total Shareholders Equity	-1,605,966	11,554,895	27,662,006	34,385,193

Balance sheet annual history for GreenPower Motor Company Inc (GP).
Balance Sheet (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Assets
Cash and Cash Equivalents	344,244	1,150,891	600,402	884,784	15,096,200
Short Term Investments	0	0	0	0	0
Net Receivables	587,266	2,943,471	11,458,779	3,450,382	4,847,877
Inventory	25,601,888	32,010,630	41,609,234	32,254,854	12,461,967
Total Current Assets	27,775,068	36,853,355	54,156,170	43,095,077	32,940,938
Property Plant Equipment	6,790,137	6,888,088	7,450,529	3,559,996	2,501,754
Goodwill and Intangibles	0	0	0	0	0
Total Assets	35,071,725	45,203,284	63,525,183	49,606,932	39,619,355
Liabilities
Account Payables	0	2,871,575	7,108,052	1,731,174	0
Short Term Debt	11,542,681	10,361,310	10,570,384	5,886,988	612,208
Total Current Liabilities	19,668,259	21,291,590	26,500,278	11,513,607	2,132,563
Long Term Debt	8,384,376	6,438,184	5,179,562	0	485,887
Total Liabilities	36,677,691	33,636,465	35,863,177	15,221,739	3,466,907
Shareholders Equity
Retained Earnings	-97,423,507	-78,939,461	-60,790,972	-46,359,308	-31,625,388
Total Shareholders Equity	-1,605,966	11,554,895	27,662,006	34,385,193	36,152,448

Cash flow quarterly history for GreenPower Motor Company Inc (GP).
Cash Flow Statement (Quarterly)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Operating Activities
Net Income	-18,663,448	-18,342,796	-15,043,857	-15,009,920
Depreciation & Amortization	1,662,113	1,854,728	1,219,223	661,958
Stock Based Compensation	897,468	1,502,112	3,645,893	5,771,475
Change in Working Capital	10,836,222	10,615,130	-5,709,797	-12,493,323
Operating Cash Flow	-5,988,173	-1,132,248	-14,757,939	-20,343,748
Investing Activities
Capital Expenditure	-83,172	-361,533	-355,993	-536,093
Investments	-83,172	-361,533	-355,993	-536,093
Investing Cash Flow	-83,172	-761,533	303,191	-536,093
Financing Activities
Debt Repayment	667,197	1,616,449	-394,580	-612,208
Common Stock Issued/Repurchased	5,325,850	520,892	4,895,826	7,526,347
Dividends Paid	0	0	0	0
Financing Cash Flow	5,100,272	2,323,833	8,189,280	12,664,774
Summary
Free Cash Flow	-6,071,345	-1,493,781	-15,113,932	-20,879,841
Net Change in Cash	-806,647	550,489	-6,287,920	-8,319,626

Cash flow annual history for GreenPower Motor Company Inc (GP).
Cash Flow Statement (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Operating Activities
Net Income	-18,663,448	-18,342,796	-15,043,857	-15,009,920	-7,836,754
Depreciation & Amortization	1,662,113	1,854,728	1,219,223	661,958	437,263
Stock Based Compensation	897,468	1,502,112	3,645,893	5,771,475	2,098,761
Change in Working Capital	10,836,222	10,615,130	-5,709,797	-12,493,323	-12,461,410
Operating Cash Flow	-5,988,173	-1,132,248	-14,757,939	-20,343,748	-16,392,222
Investing Activities
Capital Expenditure	-83,172	-361,533	-355,993	-536,093	-352,682
Investments	-83,172	-361,533	-355,993	-536,093	-352,682
Investing Cash Flow	-83,172	-761,533	303,191	-536,093	-352,682
Financing Activities
Debt Repayment	667,197	1,616,449	-394,580	-612,208	-3,144,934
Common Stock Issued/Repurchased	5,325,850	520,892	4,895,826	7,526,347	37,700,000
Dividends Paid	0	0	0	0	0
Financing Cash Flow	5,100,272	2,323,833	8,189,280	12,664,774	31,523,631
Summary
Free Cash Flow	-6,071,345	-1,493,781	-15,113,932	-20,879,841	-16,744,904
Net Change in Cash	-806,647	550,489	-6,287,920	-8,319,626	14,756,343