Workhorse Group Inc. / Fundamentals

    Income statement

    Net revenue
    €9.22M
    Cost of goods sold
    €27.73M
    Gross profit
    -€18.51M
    SG&A expenses
    €24.86M
    R&D expenses
    €5.49M
    EBITDA
    -€47.22M
    D&A
    €6.60M
    EBIT
    -€48.86M
    Interest expenses
    €7.64M
    EBT
    -€70.23M
    Tax expenses
    -€100.44K
    Net income
    -€70.13M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    €26.60M
    Changes in working capital
    €9.15M
    Operating cash flow
    -€27.07M
    Capex
    €276.97K
    Other investing cash flow
    €15.33K
    Net investing cash flow
    -€261.64K
    Total cash dividends paid
    €0.00
    Issuance of common stock
    €2.90M
    Debt repayment
    €41.09M
    Other financing cash flow
    -€2.49K
    Net financing cash flow
    €43.99M
    Foreign exchange effects
    €0.00
    Net change in cash
    €16.65M
    Cash at end of period
    €21.21M
    Free cash flow
    -€26.80M

    Balance sheet

    Cash and cash equivalents
    €1.88M
    Cash and short-term investments
    €1.88M
    Total receivables
    €2.15M
    Inventory
    €28.11M
    Other current assets
    €22.51M
    Total current assets
    €54.64M
    Property, plant & equipment
    €30.16M
    Goodwill
    €0.00
    Intangible assets
    €0.00
    Long-term investments
    €0.00
    Other non-current assets
    €357.19K
    Total non-current assets
    €30.52M
    Total assets
    €85.16M
    Accounts payable
    €9.29M
    Short-term debt
    €35.28M
    Other current liabilities
    €13.30M
    Total current liabilities
    €63.05M
    Long-term debt
    €2.94M
    Deferred tax liabilities
    €0.00
    Other non-current liabilities
    €0.00
    Total non-current liabilities
    €2.94M
    Total liabilities
    €65.99M
    Common stock
    €9.08K
    Retained earnings
    -€762.58M
    Other equity
    €0.00
    Total equity
    €19.17M
    Total liabilities and shareholders' equity
    €85.16M

    Company information

    Market capitalization
    €9.21M
    Employees
    143
    Enterprise Value
    €57.81M

    Company ratios

    Gross margin
    -200.7% Much better than peer group: -1,162.9%
    EBITDA margin
    -512.2% Much better than peer group: -22,688.7%
    EBIT margin
    -530.0% Much better than peer group: -23,186.8%
    EBT margin
    -761.8% Much better than peer group: -23,220.9%
    Net margin
    -760.7% Much better than peer group: -23,268.2%
    ROE
    -365.8% Much better than peer group: -839.7%
    ROA
    -82.4% Much better than peer group: -139.9%
    Asset turnover
    10.8% Much worse than peer group: 2,008.9%
    FCF margin
    -296.7% Much better than peer group: -28,510.0%
    FCF yield
    -296.9%
    Efficiency ratio
    612.2%
    Net sales per employee
    €64.47K
    Net income per employee
    -€490.44K

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