GWH Q1 2024 Earnings — ESS Tech, Inc. Revenue & Financial Results | Market Cap Arena

GWHESS Tech, Inc.

$17M

Q1 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$3M+636.0% YoY

Gross Profit

-$8M-306.4% margin

Operating Income

-$19M-712.0% margin

Net Income

-$18M-668.7% margin

EPS (Diluted)

$-1.57

QoQ Revenue Growth

-2.1%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$20M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$124M

Total Liabilities

$36M

Stockholders' Equity

$88M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$372,000	+636.0%
Gross Profit	-$8M	$372,000	-2354.8%
Operating Income	-$19M	-$24M	+20.4%
Net Income	-$18M	-$22M	+16.4%

Revenue Segments

Product

$3M96%

Other Product Or Service

$88,0003%

Service

$18,0001%