WKHS Q1 2021 Earnings — Workhorse Group Inc. Revenue & Financial Results | Market Cap Arena

WKHSWorkhorse Group Inc.

$2M

Q1 2021 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$521,060+518.1% YoY

Gross Profit

-$6M-1094.7% margin

Operating Income

-$16M-3157.8% margin

Net Income

-$121M-23127.2% margin

EPS (Diluted)

$-245.66

QoQ Revenue Growth

-20.0%

Cash Flow

Operating Cash Flow

-$35M

Free Cash Flow

-$36M

Stock-Based Comp.

$892,428

Balance Sheet

Total Assets

$480M

Total Liabilities

$204M

Stockholders' Equity

$276M

Cash & Equivalents

$205M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$521,060	$84,300	+518.1%
Gross Profit	-$6M	-$2M	-242.9%
Operating Income	-$16M	-$8M	-99.0%
Net Income	-$121M	$5M	-2633.4%

Revenue Segments

Automotive

$495,00095%

Aviation

$22,4004%

Other

$3,6601%