Company Analysis

GreenPower Motor Company Inc. (GP)

Nasdaq: GP · Truck & Bus Bodies · Vancouver, BC · filing with the SEC since 2013
Grade4.7
◀ Past 4.1● Present 4.9▶ Future 4.9
3 est.

The grade of GreenPower Motor Company Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.7/10
◀ Past4.130% of the headline
● Present4.940% of the headline
▶ Future4.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 6 read as filed from the record and 3 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.1/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
2.7/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2026-08-03.

weight 33% of this tense · 27th percentile among 30 sector filers · read for itself

From the record

GreenPower Motor Company Inc.'s filings since 2017 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2026-08-03) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.2/10

What has it actually done, year after year?

+49.5% a year over 7 filed years; profitable in 0 of 7.

weight 45% of this tense · 62nd percentile among 29 sector filers · read for its customers

From the record

GreenPower Motor Company Inc.'s 7 filed years say what it did: revenue went from $4 million in fiscal 2018 to $39 million in fiscal 2024, up 49.5% a year; it rose in 4 of 6 years; the deepest fall was 8% from fiscal 2020 to fiscal 2021; net income was positive in 0 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span49.5%top 5% of its family
  • the share of years revenue rosetop 43% of its family
  • the share of filed years with a profitbottom 7% of its family
  • the deepest fall from a revenue peak7.7%top 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
2.2/10

How has it treated the people who own it?

SI estimate 2.2/10, confidence 35 of 100 (one part).

weight 22% of this tense · 22nd percentile among 30 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 22% of 30 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 30 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: GreenPower Motor Company Inc.'s shareholder treatment is put at 2.2 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 22% of 30 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.9/1040% of the headline grade · 1 of 3 filed, 2 estimated

Financial health

SI estimate
5.0/10

Is it financially healthy right now?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 45% of this tense · 50th percentile among 30 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
The newest annual statements on file are more than two years old, so the desk assumes the typical reading of its industry family, the median of 30 members with one.
What the record cannot read
The newest annual statements on file are more than two years old.
How it was reasoned
family median, 30 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: GreenPower Motor Company Inc.'s financial health is put at 5.0 of 10 with a confidence of 20 of 100, because the newest annual statements on file are more than two years old, so the desk assumes the typical reading of its industry family, the median of 30 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Industry position

as filed
4.7/10

How strong is its position in its industry?

bottom 47% of 30 in its family; net margin -46.7%.

weight 33% of this tense · 47th percentile among 30 sector filers · read for its customers

From the record

GreenPower Motor Company Inc.'s standing among 30 graded names in its industry family: revenue of $39 million in fiscal 2024 ranks in the bottom 27% by size; a net margin of -46.7% ranks in the bottom 22%; revenue growth of 43.5% a year over the last 3 filed years ranks in the top 8% (its annual reports).

What it rests on

  • revenue against the family$39.3Mbottom 27% of its family
  • net margin-46.7%bottom 22% of its family
  • three-year revenue growth43.5%top 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.3/10

What are the people in charge doing?

SI estimate 5.3/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 21 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 21 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
family median, 21 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: GreenPower Motor Company Inc.'s leadership is put at 5.3 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 21 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.7/10

How much room does it have to grow?

bottom 47% of 30 in its family for room to expand.

weight 45% of this tense · 47th percentile among 30 sector filers · read for itself

From the record

GreenPower Motor Company Inc.'s room to grow, from the newest filed statements (fiscal 2024): cash of $1 million against no long-term debt tagged leaves 2.5% of its assets as net cash, top 42% of its family; cash from operations less capital spending is -3.8% of revenue (bottom 32%); a gross margin of 13.6% (bottom 43%); research spending of 4.6% of revenue (top 45%) (its annual report).

What it rests on

  • cash less debt against assets2.5%top 42% of its family
  • cash from operations less capital spending against revenue-3.8%bottom 32% of its family
  • gross margin13.6%bottom 43% of its family
  • research spending against revenue4.6%top 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.3/10

What could actually drive growth from here?

top 47% of 29 in its family for growth drivers.

weight 33% of this tense · 53rd percentile among 29 sector filers · read for its customers

From the record

GreenPower Motor Company Inc.'s growth drivers, from the filed years to fiscal 2024: revenue grew 43.5% a year over the last three filed years against 49.5% over all 7, slowing (bottom 45% of its family); the newest year grew -1.1% (bottom 36%); research spending grew 24.4% a year (top 29%); capital spending grew 0.8% a year (top 40%) (its annual reports). GreenPower Motor Company Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-6.0 points a yearbottom 45% of its family
  • the newest year's revenue growth-1.1%bottom 36% of its family
  • three-year growth of research spending24.4%top 29% of its family
  • three-year growth of capital spending0.8%top 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.6/10

Did its newest year beat what its own record pointed to?

bottom 46% of 28 in its family for expectations against reality.

weight 22% of this tense · 46th percentile among 28 sector filers · read for its shareholders

From the record

GreenPower Motor Company Inc.'s newest year against its own record: revenue of $39 million in fiscal 2024 came in 42.8% below the $69 million its prior three years' pace pointed to (bottom 13% of its family); net income of $18 million against a prior three-year average of $13 million (bottom 38%); a net margin of -46.7% against -61.3% before (top 12%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-42.8%bottom 13% of its family
  • net income against the prior three years' average-45%bottom 38% of its family
  • net margin against its prior average+14.6 pointstop 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton GP · research, not advice