Reported Q: Q4 2024 Rev YoY: -71.2% EPS YoY: -136.4% Move: -7.89%
GreenPower Motor Company
GPV.V
$2.10 -7.89%
Exchange TSXV Sector Consumer Cyclical Industry Auto Manufacturers
Q4 2024
Published: Jul 1, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for GPV.V

Reported

Report Date

Jul 1, 2024

Quarter Q4 2024

Revenue

5.07M

YoY: -71.2%

EPS

-0.26

YoY: -136.4%

Market Move

-7.89%

Previous quarter: N/A

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Earnings Highlights

  • Revenue of $5.07M down 71.2% year-over-year
  • EPS of $-0.26 decreased by 136.4% from previous year
  • Gross margin of -10.2%
  • Net income of -6.60M
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GPV.V
Company GPV.V

Executive Summary

GreenPower Motor Company Inc (GPV.V) delivered a challenging QQ4 2024 during a period of intensified market competition and ongoing production ramp challenges. Reported revenue of $5.07 million for the quarter a (-71.16% YoY; -39.52% QoQ) alongside a gross loss of $0.52 million and an EBITDA of negative $5.46 million. Net income for the quarter was -$6.60 million with an EPS of -$0.26. The quarterly results reflect an ongoing burn through operating cash flow, with operating cash flow of -$4.90 million and free cash flow of -$4.97 million, culminating in a cash balance of approximately $1.15 million at period end. These dynamics underscore a near-term liquidity and profitability challenge, even as the company continues to work through the cost-to-build phase associated with scaling its electric vehicle (EV) product lines for commercial markets in the United States and Canada.

Key Performance Indicators

Revenue
Decreasing
5.07M
QoQ: -39.52% | YoY: -71.16%
Gross Profit
Decreasing
-519.40K
-10.24% margin
QoQ: -156.91% | YoY: -118.61%
Operating Income
Decreasing
-6.36M
QoQ: -58.72% | YoY: -151.65%
Net Income
Decreasing
-6.60M
QoQ: -38.41% | YoY: -134.79%
EPS
Decreasing
-0.26
QoQ: -36.84% | YoY: -136.36%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 1.55 -0.14 -69.4% View
Q3 2025 7.22 -0.17 -13.9% View
Q2 2025 5.35 -0.18 -36.6% View
Q1 2025 3.00 -0.21 -80.5% View
Q4 2024 5.07 -0.26 -71.2% View