WKHS Q4 2024 Earnings — Workhorse Group Inc. Revenue & Financial Results | Market Cap Arena

WKHSWorkhorse Group Inc.

$2M

Q4 2024 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$2M-56.3% YoY

Gross Profit

-$6M-287.3% margin

Operating Income

-$15M-803.9% margin

Net Income

-$21M-1100.3% margin

EPS (Diluted)

$-10.75

QoQ Revenue Growth

-23.3%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$8M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$94M

Total Liabilities

$50M

Stockholders' Equity

$44M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$4M	-56.3%
Gross Profit	-$6M	-$14M	+59.4%
Operating Income	-$15M	-$35M	+56.0%
Net Income	-$21M	-$45M	+53.2%