GWH Q2 2022 Earnings — ESS Tech, Inc. Revenue & Financial Results | Market Cap Arena

GWHESS Tech, Inc.

$16M

Q2 2022 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$686,000

Gross Profit

$139,00020.3% margin

Operating Income

-$24M-3524.2% margin

Net Income

-$16M-2272.3% margin

EPS (Diluted)

$-1.53

QoQ Revenue Growth

+Infinity%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$20M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$216M

Total Liabilities

$29M

Stockholders' Equity

$187M

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$686,000	$0	—
Gross Profit	$139,000	$0	—
Operating Income	-$24M	-$10M	-138.1%
Net Income	-$16M	-$90M	+82.8%

Revenue Segments

Product

$606,00088%

Service

$80,00012%