WKHS Q2 2024 Earnings — Workhorse Group Inc. Revenue & Financial Results | Market Cap Arena

WKHSWorkhorse Group Inc.

$2M

Q2 2024 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$842,440-78.8% YoY

Gross Profit

-$6M-766.7% margin

Operating Income

-$21M-2435.6% margin

Net Income

-$26M-3124.3% margin

EPS (Diluted)

$-17.45

QoQ Revenue Growth

-37.1%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$13M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$105M

Total Liabilities

$47M

Stockholders' Equity

$59M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$842,440	$4M	-78.8%
Gross Profit	-$6M	-$4M	-44.8%
Operating Income	-$21M	-$24M	+12.8%
Net Income	-$26M	-$23M	-14.3%

Revenue Segments

Other Revenues

$653,370100%