WKHSWorkhorse Group Inc.

$2M

Q2 2022 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$12,555-99.0% YoY

Gross Profit

-$3M-23955.8% margin

Operating Income

-$21M-167780.6% margin

Net Income

-$21M-168540.6% margin

EPS (Diluted)

$-33.25

QoQ Revenue Growth

-12.2%

Cash Flow

Operating Cash Flow

-$25M

Free Cash Flow

-$27M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$191M

Total Liabilities

$27M

Stockholders' Equity

$164M

Cash & Equivalents

$140M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12,555	$1M	-99.0%
Gross Profit	-$3M	-$14M	+77.9%
Operating Income	-$21M	-$23M	+7.3%
Net Income	-$21M	-$44M	+51.5%

WKHS Q2 2022 Earnings — Workhorse Group Inc. Revenue & Financial Results | Market Cap Arena