GreenPower Motor reports mixed fiscal 2024 results, shares trade on Nasdaq
25.06.2026 - 21:10:31 | ad-hoc-news.de
By Daniel Hoffmann, Chart & Technicals desk. Reviewed prior to publication on 2026-06-25, 21:10.
GreenPower Motor Co (CA3932102038) recently reported its fiscal 2024 results for the year ended March 31, 2024. The electric bus maker, which lists its shares on Nasdaq in New York, showed lower revenue year on year but highlighted improving margins and cash discipline per its latest filings and press release.GreenPower Motor fiscal 2024 results release
What the latest numbers show
According to GreenPower Motor's fiscal 2024 results, annual revenue came in at around 45 million US dollars, down from roughly 50 million dollars in the prior year, as unit deliveries shifted toward smaller models and some orders moved into fiscal 2025.SEC filings for GreenPower Motor Management reported that gross margin improved compared with fiscal 2023, helped by a more favorable product mix, reduced input costs and ongoing efficiency measures in its West Virginia production operations.
The company disclosed that it delivered a lower absolute number of vehicles year on year but continued to see demand from school districts and transit agencies in the United States, supported by federal and state incentive programs. GreenPower Motor also emphasized progress in scaling its West Virginia facility, which is intended to support deliveries under the US Environmental Protection Agency's Clean School Bus Program and other regional initiatives.
Analysts and market context
GreenPower Motor shares continue to trade on Nasdaq alongside electric-vehicle peers such as Lion Electric and Proterra's successor entities, with the small-cap stock exposed to swings in sentiment on the broader US EV and clean-transportation theme.Reuters profile on GreenPower Motor Recent analyst commentary compiled by market-data platforms indicates a cautious stance, with most coverage pointing to execution risks, funding needs and order timing as key variables, while acknowledging the potential from school-bus electrification in North America.
Market observers note that GreenPower Motor's valuation and share price remain sensitive to news on grant awards, large contract wins and policy developments connected to zero-emission buses. Some research reports highlight that the company's exposure to specific US programs, including the EPA Clean School Bus awards, can create lumpy revenue recognition and order backlogs that depend on government timelines.
All news and analysis on the GreenPower Motor Co shares
Follow all current reports, filings and background coverage on GreenPower Motor Co to track how orders, margins and funding developments feed into the Nasdaq-listed shares.
The product behind the stock
GreenPower Motor generates its revenue primarily from selling battery-electric buses, notably its Type D BEAST school bus and Type A Nano BEAST school bus models, as well as low-floor transit buses and related charging solutions for fleet customers in North America.
Where the stock trades today
GreenPower Motor Co shares most recently traded on Nasdaq around 1.50 US dollars, with the latest available data for the small-cap EV manufacturer reflecting trading in New York in late June 2026.
GreenPower Motor Co at a glance
- Company: GreenPower Motor Co Inc.
- ISIN: CA3932102038
- WKN: A2ASLV
- Ticker: GP
- Trading venue: Nasdaq
- Price (as of 2026-06-25, 19:00): 1.50 USD
- Market cap: 45 million USD (as of 2026-06-25)
- Sector / industry: Automobiles - Electric Vehicles and Buses
- Index membership: not a member of major benchmark indices such as S&P 500 or Nasdaq-100
- Next earnings date: not officially scheduled
This article was produced with AI assistance and editorially reviewed. Price and company figures without guarantee; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Stock-market transactions carry risks up to and including total loss.
