GreenPower Announces Revenue of $34.2 million Year-To-Date for Fiscal 2024, a 40% Increase from Previous Year
GreenPower reported record revenues of $34.2 million for the nine months ended December 31, 2023, an increase of 40% over the revenue of $24.4 million for the comparable period in the previous fiscal year.
- GreenPower reported record revenues of $34.2 million for the nine months ended December 31, 2023, an increase of 40% over the revenue of $24.4 million for the comparable period in the previous fiscal year.
- These Nano BEASTs are part of the 41 all-electric GreenPower school buses ordered by the state of West Virginia," said Fraser Atkinson, GreenPower Chairman and CEO.
- Increased cash by $3.4 million to $4.0 million from $0.6 million at the beginning of the fiscal year.
- Deferred revenue of $10.7 million at the end of the quarter including the current portion of $8.2 million.