Financial insights of GTEC

MyFinsight

For the quarter ending 2025-09-30, GTEC made $23,401,597 in revenue. $5,732,522 in net income. Net profit margin of 24.50%.

Unit: Dollar

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Revenues	23,401,597	21,719,786	21,677,564	18,834,093
Cost of goods sold	15,828,001	15,969,005	15,016,614	13,868,406
Gross profit	7,573,596	5,750,781	6,660,950	4,965,687
Selling expenses	432,575	1,003,766	331,809	397,444
General and administrative expenses	1,514,734	6,626,542	1,438,988	1,202,242
Research and development expenses	560,668	443,720	81,457	437,978
Total operating expenses	2,507,977	8,074,028	1,852,254	2,037,664
Income from operations	5,065,619	-2,323,247	4,808,696	2,928,023
Interest income	429,159	170,917	141,040	237,333
Interest expense	-	0	-	9,477
Property, plant and equipment written off	-	0	-	-
Change in fair value of the warrant liability	-1,525,352	-81,739	-209,294	2,661,012
Other income	485,857	159,739	282,081	208,676
Income before income tax	7,505,987	-1,910,852	5,441,111	703,543
Income tax expense	920,297	848,920	878,275	344,250
Net income	6,585,690	-2,759,772	4,562,836	359,293
Less net income attributable to noncontrolling interest	853,168	465,496	559,053	1,043,684
Net income (loss) attributable to greenland technologies holding corporation and subsidiaries	5,732,522	-3,225,268	4,003,783	-684,391

Basic (in dollars per share)	0.33	-0.2	0.29	-0.05
Diluted (in dollars per share)	0.33	-0.2	0.29	-0.05
Weighted average ordinary shares outstanding (in shares)	17,394,226	16,099,824	13,594,530	13,594,530
Weighted average shares used in diluted computation	17,394,226	16,099,824	13,594,530	13,594,530