Workhorse Group Inc logo

WKHS

Workhorse Group Inc

$3.52

Earnings Summary

Revenue
$0.01Mn
Net Profits
$-22.05Mn
Net Profit Margins
-154238.3%

Highlights

Revenue:

Workhorse Group Inc’s revenue fell -97.26% since last year same period to $0.01Mn in the Q1 2022. On a quarterly growth basis, Workhorse Group Inc has generated 100.72% jump in its revenue since last 3-months.

Net Profits:

Workhorse Group Inc’s net profit jumped 81.7% since last year same period to $-22.05Mn in the Q1 2022. On a quarterly growth basis, Workhorse Group Inc has generated 85.87% jump in its net profits since last 3-months.

Net Profit Margins:

Workhorse Group Inc’s net profit margin fell -566.91% since last year same period to -154238.3% in the Q1 2022. On a quarterly growth basis, Workhorse Group Inc has generated -2075.37% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Workhorse Group Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.12
EPS Estimate Current Year
-0.12

Highlights

EPS Estimate Current Quarter:

Workhorse Group Inc’s earning per share (EPS) estimates for the current quarter stand at -0.12 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Workhorse Group Inc’s earning per share (EPS) estimates for the current year stand at -0.12.

Key Ratios

Key ratios of the Workhorse Group Inc post its Q1 2022 earnings

Earning Per Share (EPS)
-0.15
Return on Assets (ROA)
-0.26
Return on Equity (ROE)
-1.41
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Workhorse Group Inc’s earning per share (EPS) jumped 84.69% since last year same period to -0.15 in the Q1 2022. This indicates that the Workhorse Group Inc has generated 84.69% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Workhorse Group Inc’s return on assets (ROA) stands at -0.26.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Workhorse Group Inc’s return on equity (ROE) stands at -1.41.

Dividend Per Share (DPS):

Workhorse Group Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
-0.12
-0.15
-25%

Company Information

Workhorse is a technology company focused on providing drone-integrated electric vehicles to the last-mile delivery sector. As an American original equipment manufacturer, it designs and builds high performance, battery-electric vehicles including trucks and aircraft. Workhorse also develops cloud-based, real-time telematics performance monitoring systems that are fully integrated with its vehicles and enable fleet operators to optimize energy and route efficiency. All Workhorse vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment.

Organisation
Workhorse Group Inc
Headquarters
100 Commerce Drive, Loveland, OH, United States, 45140
Employees
130
Industry
Producer Manufacturing
CEO
Duane Hughes