GWH Q3 2022 Earnings — ESS Tech, Inc. Revenue & Financial Results | Market Cap Arena

GWHESS Tech, Inc.

$16M

Q3 2022 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$192,000

Gross Profit

-$166,000-86.5% margin

Operating Income

-$28M-14443.2% margin

Net Income

-$32M-16456.8% margin

EPS (Diluted)

$-3.85

QoQ Revenue Growth

-72.0%

Cash Flow

Operating Cash Flow

-$22M

Free Cash Flow

-$25M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$192M

Total Liabilities

$34M

Stockholders' Equity

$158M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$192,000	$0	—
Gross Profit	-$166,000	$0	—
Operating Income	-$28M	-$11M	-151.3%
Net Income	-$32M	-$51M	+38.4%

Revenue Segments

Product

$186,00097%

Service

$6,0003%