GreenPower Motor Company Inc. (GP)
NASDAQ:GP
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GreenPower Motor
(NASDAQ:GP)
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Rating:44Neutral
Price Target:
$0.99
Action:N/ADate:02/24/26
The score is primarily held down by weak financial performance—ongoing large losses, negative operating/free cash flow, and especially negative equity with rising leverage. Valuation is also constrained by a negative P/E and no dividend yield data, while technicals are scored neutral due to missing indicators.
Positive Factors
Improved Gross Margin & Revenue Growth
A sharp gross margin improvement to ~46% alongside TTM revenue growth indicates structural gains in pricing, product mix or manufacturing efficiency. Higher gross margins create a larger operating-profit buffer, improving the path to sustainable profitability if fixed costs are managed and volumes scale.
Negative Factors
Negative Shareholders' Equity & High Leverage
Negative shareholders' equity is a major structural weakness: it erodes the lender/investor cushion and raises default and covenant risk. High leverage against a negative equity base forces dependence on external capital, increases financing costs, and limits strategic flexibility for investments or downturns.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Gross Margin & Revenue Growth
A sharp gross margin improvement to ~46% alongside TTM revenue growth indicates structural gains in pricing, product mix or manufacturing efficiency. Higher gross margins create a larger operating-profit buffer, improving the path to sustainable profitability if fixed costs are managed and volumes scale.
Read all positive factors
GreenPower Motor (GP) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$5.13M
Dividend YieldN/A
Average Volume (3M)48.73K
Price to Earnings (P/E)1.4
Beta (1Y)1.91
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees116
SectorIndustrials
Sector Strength72
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)1.30
Shares Outstanding5,029,291
10 Day Avg. Volume14,070
30 Day Avg. Volume48,729
Financial Highlights & Ratios
PEG Ratio0.89
Price to Book (P/B)-84.15
Price to Sales (P/S)6.81
P/FCF Ratio-22.26
Enterprise Value/Market Cap5.72
Enterprise Value/Revenue1.75
Enterprise Value/Gross Profit3.79
Enterprise Value/Ebitda-5.84
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GreenPower Motor Business Overview & Revenue Model
Company Description
GreenPower Motor Company Inc. designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers a suite of high-floor and low-floor electric medium and heavy-duty vehicles, includin...
How the Company Makes Money
GreenPower primarily makes money by selling its battery-electric commercial vehicles to customers such as transit agencies, school districts, fleet operators, and other institutional or commercial buyers. Revenue is generally recognized from vehic...
GreenPower Motor Financial Statement Overview
Summary
Income Statement
23
Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Mar 2024 | Jun 2023 | Jun 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.79M | 19.85M | 39.27M | 39.70M | 17.24M | 13.29M |
| Gross Profit | 7.73M | 2.20M | 5.36M | 7.25M | 3.88M | 3.58M |
| EBITDA | -5.02M | -14.82M | -14.93M | -12.27M | -13.83M | -5.80M |
| Net Income | -7.34M | -18.66M | -18.34M | -15.04M | -15.01M | -7.84M |
Balance Sheet | ||||||
| Total Assets | 30.76M | 35.07M | 45.20M | 63.57M | 49.61M | 39.62M |
| Cash, Cash Equivalents and Short-Term Investments | 675.95K | 344.24K | 1.15M | 600.80K | 884.78K | 15.10M |
| Total Debt | 26.90M | 19.93M | 16.80M | 15.15M | 5.89M | 1.10M |
| Total Liabilities | 33.92M | 36.68M | 33.64M | 35.89M | 15.22M | 3.47M |
| Stockholders Equity | -3.16M | -1.61M | 11.57M | 27.68M | 34.39M | 36.15M |
Cash Flow | ||||||
| Free Cash Flow | -2.82M | -6.07M | -1.49M | -15.11M | -20.88M | -16.74M |
| Operating Cash Flow | -2.82M | -5.99M | -1.13M | -14.76M | -20.34M | -16.39M |
| Investing Cash Flow | 11.76K | -83.17K | -761.53K | 303.19K | -536.09K | -352.68K |
| Financing Cash Flow | 2.89M | 5.10M | 2.32M | 8.19M | 12.66M | 31.52M |
GreenPower Motor Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
Performance Comparison
GreenPower Motor Corporate Events
GreenPower Motor Reaffirms Board, Officers and Incentive Plan at March 27 AGM
Mar 27, 2026
GreenPower Motor Company Inc., a Vancouver-based OEM of all-electric, zero-emission medium- and heavy-duty vehicles, designs and builds high-floor and low-floor buses, shuttles, cargo vans and cab-and-chassis products for cargo, delivery, transit ...
GreenPower Motor Bolsters Equity to Regain Nasdaq Compliance
Jan 30, 2026
On January 30, 2026, GreenPower Motor Company Inc. reported that it believes it has restored its stockholders’ equity above the $2.5 million minimum required for continued listing on the Nasdaq Capital Market, after previously being notified...
GreenPower Motor Converts US$10 Million of Related-Party Debt Into Convertible Securities to Bolster Capital Structure
Jan 29, 2026
On January 29, 2026, GreenPower Motor Company announced the conversion of US$7 million of principal and accrued interest on outstanding related-party loans into secured convertible debentures, along with the conversion of a further US$3 million of...
GreenPower Motor Closes US$5 Million CIBC Financing, Issues Equity Incentives to Director Guarantor
Jan 14, 2026
On January 14, 2026, GreenPower Motor Company Inc. closed previously approved US$5 million financing facilities with CIBC, consisting of a US$3 million revolving line of credit and a US$2 million three-year term loan. Two company directors provide...
GreenPower Motor Secures New Mexico Incentives for Santa Teresa EV Manufacturing Plant
Jan 9, 2026
On January 9, 2026, GreenPower Motor Company announced plans to open a new manufacturing facility in Santa Teresa, New Mexico, drawn by the state’s expanding electric vehicle ecosystem, the region’s Foreign Trade Zone designation and a...
GreenPower Motor Secures US$10 Million Financing and New Credit Facilities to Support EV Production
Jan 9, 2026
On January 8, 2026, GreenPower Motor Company announced a recapitalization package totaling US$10 million in new financing and up to US$2.95 million in standby letter of credit facilities, aimed at strengthening liquidity and supporting production ...
GreenPower Motor Picks New Mexico for New North American EV Manufacturing Hub
Jan 8, 2026
On January 8, 2026, GreenPower Motor Company announced an agreement with the New Mexico Economic Development Department to establish a 135,000-square-foot advanced electric vehicle manufacturing facility in Santa Teresa, New Mexico, which will ser...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.