Financial insights of GTEC

MyFinsight

For the quarter ending 2026-03-31, GTEC made $25,538,345 in revenue. $5,000,480 in net income. Net profit margin of 19.58%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenues	25,538,345	23,895,060	23,401,597	21,719,786
Cost of goods sold	16,779,083	15,434,835	15,828,001	15,969,005
Gross profit	8,759,262	8,460,225	7,573,596	5,750,781
Selling expenses	419,014	-32,792	432,575	1,003,766
General and administrative expenses	1,842,428	5,687,578	1,514,734	6,626,542
Research and development expenses	778,219	2,834,429	560,668	443,720
Total operating expenses	3,039,661	8,489,215	2,507,977	8,074,028
Income from operations	5,719,601	-28,990	5,065,619	-2,323,247
Interest income	519,843	-63,730	429,159	170,917
Interest expense	33,380	111,663*	-	0
Loss (gain) on disposal of property, plant, equipment	-	-3,999*	-	0
Change in fair value of the warrant liability	52,927	-450,928	-1,525,352	-81,739
Government subsidies income	-	812,873*	-	-
Other income	599,189	18,420	485,857	159,739
Income before income tax	6,752,326	1,073,839	7,505,987	-1,910,852
Income tax expense	1,003,895	864,330	920,297	848,920
Net income	5,748,431	209,509	6,585,690	-2,759,772
Less net income attributable to noncontrolling interest	747,951	1,789,003	853,168	465,496
Net income attributable to greenland technologies holding corporation and subsidiaries	5,000,480	-1,579,494	5,732,522	-3,225,268

Basic EPS	0.23	-0.09	0.33	-0.2
Diluted EPS	0.23	-0.09	0.33	-0.2
Basic Average Shares	21,753,958	17,491,464	17,394,226	16,099,824
Diluted Average Shares	21,753,958	17,491,464	17,394,226	16,099,824