GWH Q1 2023 Earnings — ESS Tech, Inc. Revenue & Financial Results | Market Cap Arena

GWHESS Tech, Inc.

$17M

Q1 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$372,000

Gross Profit

$372,000100.0% margin

Operating Income

-$24M-6585.8% margin

Net Income

-$22M-5887.4% margin

EPS (Diluted)

$-2.13

QoQ Revenue Growth

+2225.0%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$21M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$147M

Total Liabilities

$30M

Stockholders' Equity

$117M

Cash & Equivalents

$88M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$372,000	$0	—
Gross Profit	$372,000	$0	—
Operating Income	-$24M	-$22M	-10.4%
Net Income	-$22M	-$6M	-283.6%

Revenue Segments

Product

$366,00098%

Service

$6,0002%