WKHS FY 2023 Earnings — Workhorse Group Inc. Revenue & Financial Results | Market Cap Arena

WKHSWorkhorse Group Inc.

$2M

FY 2023 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$13M+160.7% YoY

Gross Profit

-$25M-192.9% margin

Operating Income

-$105M-804.1% margin

Net Income

-$124M-946.3% margin

EPS (Diluted)

$-149.45

Cash Flow

Operating Cash Flow

-$123M

Free Cash Flow

-$142M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$142M

Total Liabilities

$59M

Stockholders' Equity

$83M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$5M	+160.7%
Gross Profit	-$25M	-$33M	+22.6%
Operating Income	-$105M	-$129M	+18.4%
Net Income	-$124M	-$117M	-5.7%