95134703 - 1_b54sz7v9 - PID 1851201 With its fleet of zero emission buses, GreenPower Motor Company could lead the way to carbon-free public transit. Yet while the company is ramping up sales, investors have been selling the stock. Over the past six months, the stock has been in reverse, off 48%, hitting a 52-week low of 22.5 cents on December 19th. During that period, insider buying kicked into gear. Investors may have been paying more attention to their taxes than company news. In the three months ended September 30th, the company delivered 27 buses generating record revenue of US$5.4 million, more than double the amount in the previous quarter. Its net loss for the quarter was just over 700,000 US dollars while Adjusted EBITDA turned positive to just under $200,000. GreenPower’s manufacturing facilities are in California which has been the company’s first stop for growth. Focusing on the state appears to be paying off with 12-month revenue per share up more than 50% over the past year. The company plans to build additional manufacturing space, but it will likely need some financing to take advantage of growing demand for zero emission transit. Perhaps if GreenPower Motor can get even a fraction of Tesla investors out of their cars and onto buses, the stock could be in for a smooth ride. Get our full report via INKResearch.com or the Canadian Insider Club at CanadianInsider.com. This report is not a recommendation to buy or sell securities.