WKHS Q1 2022 Earnings — Workhorse Group Inc. Revenue & Financial Results | Market Cap Arena

WKHSWorkhorse Group Inc.

$2M

Q1 2022 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$14,299-97.3% YoY

Gross Profit

-$4M-27337.9% margin

Operating Income

-$20M-138689.7% margin

Net Income

-$22M-154238.3% margin

EPS (Diluted)

$-36.29

QoQ Revenue Growth

+100.7%

Cash Flow

Operating Cash Flow

-$31M

Free Cash Flow

-$34M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$210M

Total Liabilities

$53M

Stockholders' Equity

$156M

Cash & Equivalents

$167M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14,299	$521,060	-97.3%
Gross Profit	-$4M	-$6M	+31.5%
Operating Income	-$20M	-$16M	-20.5%
Net Income	-$22M	-$121M	+81.7%