Workhorse Group Past Earnings Performance
Past criteria checks 0/6
Workhorse Group's earnings have been declining at an average annual rate of -17.6%, while the Auto industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 60.8% per year.
Key information
-17.6%
Earnings growth rate
3.0%
EPS growth rate
| Auto Industry Growth | 11.9% |
| Revenue growth rate | 60.8% |
| Return on equity | -224.1% |
| Net Margin | -1,366.2% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Workhorse Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 10 | -131 | 52 | 18 |
| 31 Mar 24 | 13 | -128 | 54 | 21 |
| 31 Dec 23 | 13 | -124 | 55 | 24 |
| 30 Sep 23 | 12 | -117 | 54 | 26 |
| 30 Jun 23 | 11 | -122 | 77 | 26 |
| 31 Mar 23 | 7 | -120 | 76 | 26 |
| 31 Dec 22 | 5 | -117 | 73 | 23 |
| 30 Sep 22 | 0 | -235 | 75 | 18 |
| 30 Jun 22 | -3 | -280 | 51 | 15 |
| 31 Mar 22 | -1 | -303 | 45 | 12 |
| 31 Dec 21 | -1 | -401 | 40 | 12 |
| 30 Sep 21 | 2 | 35 | 29 | 13 |
| 30 Jun 21 | 3 | 32 | 25 | 12 |
| 31 Mar 21 | 2 | -55 | 21 | 11 |
| 31 Dec 20 | 1 | 70 | 20 | 9 |
| 30 Sep 20 | 1 | -210 | 19 | 9 |
| 30 Jun 20 | 0 | -137 | 16 | 9 |
| 31 Mar 20 | 0 | -26 | 14 | 9 |
| 31 Dec 19 | 0 | -37 | 10 | 8 |
| 30 Sep 19 | 0 | -56 | 9 | 6 |
| 30 Jun 19 | 0 | -50 | 10 | 6 |
| 31 Mar 19 | 1 | -37 | 11 | 6 |
| 31 Dec 18 | 1 | -37 | 11 | 7 |
| 30 Sep 18 | 6 | -31 | 10 | 9 |
| 30 Jun 18 | 9 | -38 | 10 | 13 |
| 31 Mar 18 | 9 | -40 | 9 | 17 |
| 31 Dec 17 | 10 | -41 | 9 | 18 |
| 30 Sep 17 | 8 | -36 | 9 | 16 |
| 30 Jun 17 | 7 | -29 | 8 | 12 |
| 31 Mar 17 | 8 | -23 | 7 | 6 |
| 31 Dec 16 | 6 | -20 | 6 | 6 |
| 30 Sep 16 | 3 | -16 | 6 | 6 |
| 30 Jun 16 | 2 | -15 | 6 | 7 |
| 31 Mar 16 | 0 | -12 | 4 | 7 |
| 31 Dec 15 | 0 | -9 | 4 | 5 |
| 30 Sep 15 | 0 | -7 | 3 | 4 |
| 30 Jun 15 | 0 | -5 | 2 | 3 |
| 31 Mar 15 | 0 | -7 | 3 | 4 |
| 31 Dec 14 | 0 | -7 | 3 | 3 |
| 30 Sep 14 | 0 | -6 | 3 | 3 |
| 30 Jun 14 | 0 | -6 | 3 | 3 |
| 31 Mar 14 | 0 | -6 | 3 | 3 |
| 31 Dec 13 | 0 | -6 | 3 | 3 |
| 30 Sep 13 | 0 | -6 | 4 | 2 |
Quality Earnings: 1WO0 is currently unprofitable.
Growing Profit Margin: 1WO0 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1WO0 is unprofitable, and losses have increased over the past 5 years at a rate of 17.6% per year.
Accelerating Growth: Unable to compare 1WO0's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1WO0 is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (-8.4%).
Return on Equity
High ROE: 1WO0 has a negative Return on Equity (-224.05%), as it is currently unprofitable.