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GreenPower Motor reports Q3 results

by Index Investing News
February 13, 2024
in Financial
Reading Time: 1 min read
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  • GreenPower Motor press release (NASDAQ:GP): Q3 Revenue of $8.2M misses by $5.19M.
  • Increased cash by $3.4 million to $4.0 million from $0.6 million at the beginning of the fiscal year.
  • Held working capital of $19.4 million at the end of the quarter including inventory of $32.9 million.
  • Deferred revenue of $10.7 million at the end of the quarter including the current portion of $8.2 million.
  • The company delivered 196 vehicles for the nine months ended December 31, 2023 consisting of EV Star Cab & Chassis, EV Star Cargoes, EV Star Passenger Vans, speciality EV Star products, Type D BEAST school buses and Type A Nano BEAST school buses.

More on GreenPower Motor, GreenPower Motor Company Inc., etc.



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