GWHESS Tech, Inc.

$17M

Q2 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$348,000-87.7% YoY

Gross Profit

-$11M-3275.9% margin

Operating Income

-$23M-6645.1% margin

Net Income

-$22M-6304.6% margin

EPS (Diluted)

$-1.87

QoQ Revenue Growth

-87.3%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$16M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$111M

Total Liabilities

$42M

Stockholders' Equity

$69M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$348,000	$3M	-87.7%
Gross Profit	-$11M	$3M	-503.3%
Operating Income	-$23M	-$24M	+4.5%
Net Income	-$22M	-$23M	+4.3%

Revenue Segments

Product

$196,00056%

Other Product Or Service

$91,00026%

Service

$61,00018%

GWH Q2 2024 Earnings — ESS Tech, Inc. Revenue & Financial Results | Market Cap Arena