WKHS Q3 2022 Earnings — Workhorse Group Inc. Revenue & Financial Results | Market Cap Arena

WKHSWorkhorse Group Inc.

$2M

Q3 2022 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$2M+368.6% YoY

Gross Profit

-$8M-514.4% margin

Operating Income

-$49M-3153.8% margin

Net Income

-$35M-2286.0% margin

EPS (Diluted)

$-55.25

QoQ Revenue Growth

+12236.1%

Cash Flow

Operating Cash Flow

-$11M

Free Cash Flow

-$15M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$202M

Total Liabilities

$71M

Stockholders' Equity

$131M

Cash & Equivalents

$120M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	-$576,602	+368.6%
Gross Profit	-$8M	-$12M	+34.3%
Operating Income	-$49M	-$26M	-91.5%
Net Income	-$35M	-$81M	+56.4%

Revenue Segments

Other Revenues

$212,103100%