GreenPower Provides Business Update and Reports Third Quarter Fiscal 2025 Results
- GreenPower Motor Company Inc. Reported revenues of $7.2 million for the third quarter of fiscal year 2025, a 35% increase from the previous quarter.
- CEO Fraser Atkinson highlighted the demand for all-electric vehicles, stating that the revenue growth led to an improvement in gross profit to 14.6% of revenue.
- The company plans to increase production, intending to deliver one BEAST Type D school bus per week from South Charleston by April.
- At the quarter's end, GreenPower had working capital of $12.8 million, inventory of $28.2 million, and deferred revenue of $10.8 million.
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Total News Sources40
Leaning Left2Leaning Right2Center12Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
13%
C 75%
13%
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