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GreenPower Motor
(NASDAQ:GP)
GreenPower Motor (GP) vs. SPDR S&P 500 ETF (SPY)
GreenPower Motor Business Overview & Revenue Model
GreenPower Motor Financial Statement Overview
| 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
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% |
GreenPower Motor Corporate Events
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 on August 15, 2025 that it was out of compliance with Nasdaq’s equity rule and appearing before a Nasdaq Hearings Panel on October 2, 2025, which granted an extension to January 31, 2026. To shore up its balance sheet following a stockholders’ deficit of $8.3 million as of September 30, 2025, the company undertook a series of capital and financing transactions between November 2025 and late January 2026, including preferred share issuances, recognition of retained customer deposits as revenue, term loans, a new $5 million banking facility with CIBC backed by director guarantees, and the exchange of related-party loans for Series B convertible preferred shares and convertible debentures, a portion of which will be recorded as equity; these measures, if accepted by Nasdaq, would secure GreenPower’s listing status and provide crucial financial flexibility for stakeholders amid ongoing efforts to strengthen its capital structure.
The most recent analyst rating on (GP) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on GreenPower Motor stock, see the GP Stock Forecast page.
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 related-party loans into Series B convertible preferred shares. The debentures carry a three-year term, a 12% annual interest rate payable in cash or shares, and are convertible into common shares at US$0.99, while the Series B preferred shares carry a 9% dividend and are convertible at US$1.975 per share; together, these transactions are designed to strengthen the company’s capital structure as it enters a new phase of manufacturing expansion, including recently announced opportunities in New Mexico. The financing involved significant participation by insiders, notably CEO Fraser Atkinson and investor David Richardson, triggering early warning disclosures that show Atkinson’s potential partially diluted stake could exceed 60% if all options, warrants, debentures and preferred shares are converted, underscoring a heightened level of insider control and alignment but also raising governance and concentration considerations for minority shareholders.
The most recent analyst rating on (GP) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on GreenPower Motor stock, see the GP Stock Forecast page.
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 provided joint and several personal guarantees for the full amount, in return for which GreenPower granted one of the guarantors 2,016,129 non-transferable share purchase warrants exercisable at US$1.24 for 36 months and issued 403,225 common shares, all subject to a four-month-plus-one-day hold period under securities law. Part of the proceeds was used to repay and terminate GreenPower’s existing operating line of credit, with the balance earmarked for general corporate purposes, a move that refreshes the company’s liquidity profile and may strengthen its financial flexibility while raising related-party governance considerations under MI 61‑101, from which the transactions are exempt from formal valuation and minority approval requirements.
The most recent analyst rating on (GP) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on GreenPower Motor stock, see the GP Stock Forecast page.
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 package of state-level financial incentives. New Mexico has committed a total of $14.6 million in support, including a $5 million Local Economic Development Act award, $4.6 million in job training incentive funds, and additional high-wage and rural jobs tax credits, which together are expected to underpin GreenPower’s capital, assembly and distribution strategy in the U.S. Southwest. The Santa Teresa Borderplex’s role as a fast-growing trade and manufacturing hub, with strong rail and cross-border logistics links, is expected to help the company streamline imports and exports and reduce tariff-related risk, while the planned facility—where operations are anticipated to begin in the first quarter of 2026 and plant possession is set for June 1, 2026—positions GreenPower to benefit from New Mexico’s aggressive zero-emission vehicle policies and large-scale fleet electrification initiatives in state, transit and school bus fleets.
The most recent analyst rating on (GP) stock is a Sell with a $2.50 price target. To see the full list of analyst forecasts on GreenPower Motor stock, see the GP Stock Forecast page.
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 of its all‑electric vehicles. The company has received credit approval from CIBC for US$5 million in facilities, comprising a US$3 million revolving line of credit and a US$2 million three‑year term loan, along with approval for a US$450,000 cash‑collateralized letter of credit and a potential US$2.5 million letter of credit facility pending sign‑off from another financial institution. GreenPower also closed US$5 million in term loans from two related-party family offices, issuing 3,205,128 non‑transferable warrants and 641,025 common shares as loan bonuses, with all such securities subject to a four‑month-plus-one‑day hold period under applicable securities laws. A portion of the proceeds will be used to retire the company’s existing operating line of credit and the balance for general corporate purposes, with management positioning the package as a key step in recapitalizing the balance sheet and enabling GreenPower to accelerate production to fulfill existing customer orders, thereby potentially improving its operational flexibility and competitive footing in the zero‑emission commercial vehicle market.
The most recent analyst rating on (GP) stock is a Sell with a $2.50 price target. To see the full list of analyst forecasts on GreenPower Motor stock, see the GP Stock Forecast page.
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 serve as its base for North American operations and U.S. corporate headquarters. Backed by a package of state incentives, including grants, job-training funds and tax credits, the project is projected to create more than 340 jobs and deliver over $200 million in economic impact over the next decade, strengthening New Mexico’s role as a hub for green manufacturing and reinforcing GreenPower’s position in the zero-emission commercial and school bus markets, following earlier collaboration on the state’s first all-electric school bus pilot launched in 2025.
The most recent analyst rating on (GP) stock is a Sell with a $2.50 price target. To see the full list of analyst forecasts on GreenPower Motor stock, see the GP Stock Forecast page.