Green Automotive Company announced financial results for the second quarter ended June 30, 2014. The company posted strong quarterly revenue of $1,575,599 over three times higher than the comparable period 12 months ago ($429,392 for the three months ended June 30, 2013). The growth in the company's revenue was largely due to the sale of buses from Newport Coachworks facility in California, which grew from $223,514 during the three months ended June 30, 2013 to $1,090,571 for the three months ended June 30, 2014.

The management believes operating loss (after removing non-cash derivative liabilities and interest expense) of $1,085,817 for the three months ended June 30, 2014, compared to operating loss of $512,530 for the three months ended June 30, 2013, is an accurate indicator of current results.