WKHS Q4 2023 Earnings — Workhorse Group Inc. Revenue & Financial Results | Market Cap Arena

WKHSWorkhorse Group Inc.

$2M

Q4 2023 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$4M+27.8% YoY

Gross Profit

-$14M-309.4% margin

Operating Income

-$35M-798.2% margin

Net Income

-$45M-1027.1% margin

EPS (Diluted)

$-39.56

QoQ Revenue Growth

+45.5%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$30M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$142M

Total Liabilities

$59M

Stockholders' Equity

$83M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$3M	+27.8%
Gross Profit	-$14M	-$18M	+23.3%
Operating Income	-$35M	-$39M	+10.6%
Net Income	-$45M	-$39M	-17.1%