GreenPower Motor reports Q2 results

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GreenPower Motor press release ( NASDAQ: GP ): Q2 Revenue of $5.3M misses by $2.66M, an increase of 78% over the previous quarter.

Deferred revenue increased to $10.4 million, including the current portion of $7.5 million, which is expected to be realized over the next year.



At the end of the quarter GreenPower had working capital of $10.1 million including inventory of $31.7 million consisting of $9.

3 million of finished goods, $18.6 million of work-in-process and $3.8 million of parts and components.

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