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WKHS

2.42USD+0.10(+4.31%)Market Closed

Workhorse Group Inc

Market Summary

USD2.42+0.10Market Closed
4.31%

WKHS Alerts

WKHS Stock Price

RSI Chart

Valuation

Market Cap

427.4M

Price/Earnings

-1.52

Price/Sales

211.17

Price/Cashflow

-4

MarketCap/EBT

-1.51

Price/Sales

Profitability

Operating Margin

-6482.58%

EBT Margin

-15752.17%

Return on Equity

-171.18%

Return on Assets

-147.19%

Fundamentals

Revenue

Revenue Y/Y

20.12%

Revenue Q/Q

5.91%

Earnings

Earnings (TTM)

-234.7M

Earnings Y/Y

56.35%

Earnings Q/Q

-67.32%

Price Action

52 Week Range

5.59
(Low)(High)

Last 7 days

12.0%

Last 30 days

-8.7%

Last 90 days

-19.1%

Trailing 12 Months

-54.1%

Financial Health

Current Ratio

9.3

Investor Care

Shares Dilution (1Y)

17.06%

Diluted EPS (TTM)

-1.55

Peers (Alternatives to Workhorse Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
721.7B
74.9B
-9.36% -46.10%
64.49
9.64
59.80% 222.66%
56.6B
147.2B
3.58% -34.46%
5.85
0.38
12.43% -13.01%
24.5B
16.0B
17.87% -37.43%
139.38
1.53
1.99% -83.33%
MID-CAP
9.0B
15.3B
17.45% -2.79%
10.96
0.58
1.58% 6.79%
8.2B
20.4B
7.56% -20.44%
72.85
0.42
3.94% -58.18%
7.0B
8.6B
9.39% -11.43%
18.34
0.81
-0.02% -25.02%
6.2B
1.8B
10.69% -16.72%
19.26
3.53
0.22% -24.57%
4.1B
1.7B
3.50% 50.94%
-10.76
2.5
20.77% 29.49%
3.4B
14.1B
15.14% -15.29%
4.22
0.25
3.22% -110.83%
SMALL-CAP
1.6B
18.6B
8.17% 58.15%
-9.15
0.09
1.85% -200.42%
1.1B
5.6B
12.07% 13.19%
-44.57
0.21
5.33% -95.35%
561.8M
872.4M
14.55% 4.54%
-17.82
0.68
15.31% -204.35%
427.4M
-
-8.68% -54.08%
-1.52
211.17
-65.89% -766.05%
212.9M
108.2M
-10.82% -25.89%
-13.99
2.33
13.89% -145.72%
160.8M
2.5B
-2.43% -70.61%
-0.5
0.07
2.13% 7.40%

Financials for Workhorse Group

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q32022Q22022Q12021Q32021Q2
RevenueNaN%nullnullnullnull2,940,213
Gross Profit3.4%-116,804,200.00-120,963,240.00-131,548,845.00-37,764,243.00
Operating Expenses41.7%93,370,26565,871,27756,943,47041,968,260
  S&GA Expenses47.2%75,383,26151,209,83045,185,22429,163,685
  R&D Expenses22.7%17,987,00414,661,44711,758,24612,804,575
Earnings Before Taxes17.2%-234,737,008.00-283,366,412.00-307,107,174.0035,241,167
Net Income16.3%-234,723,849.00-280,433,762.00-302,892,577.0035,241,167
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets6.0%202191210228341
  Current Assets-1.2%163165189216327
    Cash Equivalents-14.2%120140167202230
  Inventory-7.9%1213131062
  Net PPE25.5%171411814
Liabilities164.5%71275353200
  Current Liabilities240.0%60182128175
    LT Debt, CurrentNaN%-----
Shareholder's Equity-19.9%131164156175141
  Retained Earnings-6.4%-589.00-553.59-532.43-510.37-354.27
  Additional Paid-In Capital0.4%720717688686505
Shares Outstanding0.2%160160152152124
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations17.1%-88.51-106.77-128.42-132.58-142.68
  Share Based Compensation20.6%109655
Cashflow From Investing-8.8%899797100-7.89
Cashflow From Financing-1434.7%-110.70-7.21-7.09-6.82301

Risks

What is the probability of a big loss on WKHS?

100%


Probability that Workhorse Group stock will be more than 20% underwater in next one year

100%


Probability that Workhorse Group stock will be more than 30% underwater in next one year.

98.8%


Probability that Workhorse Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WKHS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Workhorse Group was unfortunately bought at previous high price.

Returns

Cumulative Returns on WKHS

-3.1%


5-Year Cumulative Returns

-4.4%


3-Year Cumulative Returns

What are the long-term rolling returns for WKHS?

FIve years rolling returns for Workhorse Group.

Which funds bought or sold WKHS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-21
Parallax Volatility Advisers, L.P.
REDUCED
-77.35
-58,000
20,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
67,000
577,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-3,000
-
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
UNCHANGED
-
-
1,000
-%
2022-11-15
Clearstead Advisors, LLC
UNCHANGED
-
-
-
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
UNCHANGED
-
25,000
266,000
-%
2022-11-15
HARBOUR INVESTMENTS, INC.
UNCHANGED
-
-
1,000
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
103.17
75,000
135,000
-%
2022-11-15
Balyasny Asset Management LLC
ADDED
104.74
89,000
161,000
-%
2022-11-15
CASTLEARK MANAGEMENT LLC
UNCHANGED
-
2,000
22,000
-%

1–10 of 41

Latest Funds Activity

Are funds buying WKHS calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own WKHS

Workhorse Group News

StockNews.com

HMC: 4 Auto Stocks to Sell Right Now and 1 to Buy.2 days ago

WKHS Fair Value

Recent SEC filings of Workhorse Group

View All Filings
Date Filed Form Type Document
Nov 22, 2022
4
Insider Trading
Nov 08, 2022
8-K
Current Report
Nov 08, 2022
10-Q
Quarterly Report
Oct 27, 2022
8-K
Current Report

Latest Insider Trading transactions for WKHS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-18
DeMott Harry
SOLD
-67,754.4
2.431
-27,871
-
2022-10-31
DAUCH RICHARD F
SOLD FOR TAXES
-50,714.1
2.7
-18,783
Chief Executive Officer
2022-10-22
Gaul Ryan Wesley
SOLD FOR TAXES
-4,095.98
2.38
-1,721
President, Commercial Vehicles
2022-10-20
Graber John Wesley
SOLD FOR TAXES
-4,203.84
2.32
-1,812
President, Aerospace
2022-09-15
Harrington James D.
SOLD FOR TAXES
-15,993.6
3.27
-4,891
General Counsel
2022-09-01
DAUCH RICHARD F
SOLD FOR TAXES
-117,957
3.14
-37,566
Chief Executive Officer
2022-06-27
Harrington James D.
SOLD (Taxes)
-5,168.4
2.92
-1,770
Chief Administrative Officer
2022-06-27
Ackerson Gregory T.
SOLD (Taxes)
-1,246.84
2.92
-427
Controller
2022-05-03
Miller Austin Scott
ACQUIRED
75,953.9
3.19
23,810
-
2022-04-30
DAUCH RICHARD F
SOLD FOR TAXES
-56,536.8
3.01
-18,783
Chief Executive Officer

1–10 of 50

Richard F. Dauch
220
Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. It also provides Metron, an air delivery application that tracks the performance of various the vehicles deployed. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.

WKHS Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Sales, net of returns and allowances$ 1,548,798$ (576,602)$ 1,575,652$ 1,147,334
Cost of sales9,515,54711,549,18716,459,10232,570,616
Gross loss(7,966,749)(12,125,789)(14,883,450)(31,423,282)
Operating expenses    
Selling, general and administrative34,753,01710,579,58659,693,41924,470,953
Research and development6,126,9512,801,39415,165,9468,788,969
Total operating expenses40,879,96813,380,98074,859,36533,259,922
Loss from operations(48,846,717)(25,506,769)(89,742,815)(64,683,204)
Interest income (expense), net27,71618,599,130(2,290,993)23,040,886
Other income (loss)13,413,500(77,127,266)13,413,500(225,432,884)
Loss before benefit for income taxes(35,405,501)(84,034,905)(78,620,308)(267,075,202)
Benefit for income taxes02,919,491021,833,930
Net loss$ (35,405,501)$ (81,115,414)$ (78,620,308)$ (245,241,272)
Net loss per share of common stock    
Basic (in usd per share)$ (0.22)$ (0.66)$ (0.50)$ (1.99)
Diluted (in usd per share)$ (0.22)$ (0.63)$ (0.50)$ (1.90)
Weighted average shares used in computing net loss per share of common stock    
Basic (in shares)160,213,944123,584,023157,117,380123,186,350
Diluted (in shares)160,213,944129,251,351157,117,380128,853,678

WKHS Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 120,117,862$ 201,647,394
Accounts receivable, less allowance for credit losses of zero as of September 30, 2022 and December 31, 20211,548,196149,776
Other receivable15,000,0000
Inventory, net11,567,60710,067,367
Prepaid expenses and other current assets14,946,9354,357,829
Total current assets163,180,600216,222,366
Property, plant and equipment, net17,047,6417,897,807
Investment in Tropos10,000,0000
Lease right-of-use assets11,476,9271,538,852
Other assets176,3102,479,865
Total Assets201,881,478228,138,890
Current liabilities:  
Accounts payable7,728,1117,849,607
Accrued and other current liabilities44,825,96914,752,827
Accrued commissions3,375,0000
Warranty liability3,339,4844,583,916
Current portion of lease liabilities1,105,016363,714
Total current liabilities60,373,58027,550,064
Deferred revenue, long-term1,505,0000
Lease liabilities, long-term8,736,7151,191,053
Convertible notes, at fair value024,705,000
Total Liabilities70,615,29553,446,117
Commitments and contingencies
Stockholders’ Equity:  
Series A preferred stock, par value $0.001 per share, 75,000,000 shares authorized, zero shares issued and outstanding as of September 30, 2022 and December 31, 202100
Common stock, par value $0.001 per share, 250,000,000 shares authorized, 160,448,077 shares issued and outstanding as of September 30, 2022 and 151,915,455 shares issued and outstanding as of December 31, 2021160,448151,916
Additional paid-in capital720,100,887686,318,201
Accumulated deficit(588,995,152)(510,374,844)
Accumulated other comprehensive loss0(1,402,500)
Total stockholders’ equity131,266,183174,692,773
Total Liabilities and Stockholders’ Equity$ 201,881,478$ 228,138,890