GWH Q3 2023 Earnings — ESS Tech, Inc. Revenue & Financial Results | Market Cap Arena

GWHESS Tech, Inc.

$17M

Q3 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$2M+704.7% YoY

Gross Profit

-$9M-559.1% margin

Operating Income

-$18M-1173.7% margin

Net Income

-$17M-1075.6% margin

EPS (Diluted)

$-1.59

QoQ Revenue Growth

-45.3%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$2M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$159M

Total Liabilities

$42M

Stockholders' Equity

$116M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$192,000	+704.7%
Gross Profit	-$9M	-$166,000	-5103.6%
Operating Income	-$18M	-$28M	+34.6%
Net Income	-$17M	-$32M	+47.4%

Revenue Segments

Product

$1M86%

Service

$224,00014%