WKHS Q3 2024 Earnings — Workhorse Group Inc. Revenue & Financial Results | Market Cap Arena

WKHSWorkhorse Group Inc.

$2M

Q3 2024 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$3M-17.1% YoY

Gross Profit

-$4M-164.7% margin

Operating Income

-$14M-564.5% margin

Net Income

-$25M-1001.5% margin

EPS (Diluted)

$-12.28

QoQ Revenue Growth

+197.9%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$10M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$101M

Total Liabilities

$54M

Stockholders' Equity

$47M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$3M	-17.1%
Gross Profit	-$4M	-$4M	-17.1%
Operating Income	-$14M	-$21M	+32.7%
Net Income	-$25M	-$31M	+18.0%

Revenue Segments

Other Revenues

$339,948100%