Green Automotive Company reported group revenue results for the fourth quarter and earnings results full year ended December 31, 2013. For the quarter, the company's revenue increased to $1.4 million. This increase is largely due to the ramp up of its Newport Coachworks bus production and sales throughout the year, with production reaching nearly 2 buses per week by year end (from an empty factory in Feb. 2013, and first bus delivery in May 2013).

For the full year, the company's revenue reached to $3,025,850, representing a nearly 10 fold increase on 2012 revenue of $320,648. Although the company's reported overall loss looks high at over $16 million, if it add back in non cash items (impairment of assets, stock issued to settle agreements, derivative liability calculation and stock based compensation), the company's operating loss of $2.4 million provides a much better reflection of where the business really stands at present.