Workhorse Group Inc. financial data

Symbol
WKHS on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
Location
100 Commerce Drive, Loveland, OH
State of incorporation
NV
Fiscal year end
December 31
Former names
AMP Holding Inc. (to 4/8/2015), Title Starts Online, Inc. (to 5/25/2010)
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 133 % -40.2%
Quick Ratio 102 % +44.5%
Debt-to-equity 90.5 % +55%
Return On Equity -187 % -54%
Return On Assets -98.2 % -28.1%
Operating Margin -1.12K % -38.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 5.13M shares -98.4%
Common Stock, Shares, Outstanding 1.14M shares 0%
Entity Public Float 32.1M USD -81.5%
Common Stock, Value, Issued 3.84K USD +236%
Weighted Average Number of Shares Outstanding, Basic 1.97M shares +138%
Weighted Average Number of Shares Outstanding, Diluted 1.97M shares +138%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.62M USD -49.5%
Cost of Revenue 28.8M USD -24.8%
Research and Development Expense 9.15M USD -62.6%
Operating Income (Loss) -73.9M USD +29.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -102M USD +17.8%
Income Tax Expense (Benefit) -117K USD -5.92%
Net Income (Loss) Attributable to Parent -102M USD +17.9%
Earnings Per Share, Basic -51.7 USD/shares +65.4%
Earnings Per Share, Diluted -51.7 USD/shares +65.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.12M USD -84.1%
Accounts Receivable, after Allowance for Credit Loss, Current 538K USD -76.9%
Inventory, Net 41.8M USD -7.86%
Other Assets, Current 441K USD -51.5%
Assets, Current 53.4M USD -43.1%
Property, Plant and Equipment, Net 33M USD -12.9%
Operating Lease, Right-of-Use Asset 3.25M USD -22.2%
Other Assets, Noncurrent 176K USD 0%
Assets 93.8M USD -33.8%
Accounts Payable, Current 11.5M USD -7.6%
Employee-related Liabilities, Current 4.51M USD +116%
Accrued Liabilities, Current 8.73M USD +79.6%
Contract with Customer, Liability, Current 6.35M USD +34.7%
Liabilities, Current 45.2M USD -15.1%
Contract with Customer, Liability, Noncurrent 0 USD
Operating Lease, Liability, Noncurrent 4.3M USD -18.6%
Liabilities 49.6M USD -15.4%
Retained Earnings (Accumulated Deficit) -853M USD -13.5%
Stockholders' Equity Attributable to Parent 44.3M USD -46.7%
Liabilities and Equity 93.8M USD -33.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -18M USD +45.1%
Net Cash Provided by (Used in) Financing Activities -8.13M USD -145%
Net Cash Provided by (Used in) Investing Activities -3.03M USD +44%
Common Stock, Shares Authorized 36M shares 0%
Common Stock, Shares, Issued 3.84M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -29.1M USD -44.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4.64M USD -87%
Deferred Tax Assets, Valuation Allowance 136M USD +14.1%
Deferred Tax Assets, Gross 136M USD +14.1%
Operating Lease, Liability 5.28M USD -16.1%
Payments to Acquire Property, Plant, and Equipment 3.03M USD -44%
Lessee, Operating Lease, Liability, to be Paid 6.63M USD -18.8%
Property, Plant and Equipment, Gross 49.3M USD +4.81%
Operating Lease, Liability, Current 984K USD -2.77%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.5M USD +3.04%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.46M USD -8.24%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.35M USD -27.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.32M USD -12.4%
Deferred Tax Assets, Operating Loss Carryforwards 118M USD +14.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 75M shares 0%
Unrecognized Tax Benefits 805K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.23M USD -6.53%
Additional Paid in Capital 898M USD +7.54%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 1.96M USD +206%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 10.1M USD -25%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%