WKHSWorkhorse Group Inc.

$2M

FY 2011 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$190,035+35.1% YoY

Gross Profit

$27,10714.3% margin

Operating Income

-$9M-4575.5% margin

Net Income

-$9M-4581.1% margin

EPS (Diluted)

$-642.23

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$6M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$449,894

Total Liabilities

$2M

Stockholders' Equity

-$2M

Cash & Equivalents

$89,488

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$190,035	$140,707	+35.1%
Gross Profit	$27,107	-$163,670	+116.6%
Operating Income	-$9M	$5M	-273.2%
Net Income	-$9M	-$5M	-73.1%

WKHS FY 2011 Earnings — Workhorse Group Inc. Revenue & Financial Results | Market Cap Arena