Workhorse Group Annual Income Statement (NASDAQ:WKHS)

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$4.86 $0.08 (1.67%) WKHS stock closing price Jan 20, 2017 (Closing)

Looking at financial statements, along with the Workhorse Group stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis.   The income statement is a summary of the revenue, expenses and profitability (shown as Net Income) or lack of it. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the WKHS stock is bound to reflect the impact of the YoY decline of $0.04M. 2015 revenue is $0.13M and has decreased from $0.17M year on year as is evident when you compare the latest figures in the latest Workhorse Group profit and loss statement with those of the prior corresponding period. (See also:Workhorse Group assets and Workhorse Group free cash flow) Workhorse Group revenue for 2015 is $0.13M. View revenue and profit details for latest and last 10 financial years.

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011
Workhorse Group Net Sales or Revenues
0.13M0.17M0.17M0.27M0.19M
Cost Of Goods Sold (COGS)-----
Workhorse Group Gross Profit
0.13M0.17M0.17M0.27M0.19M
Research & Development Expense4.74M3.43M---
Selling General & Admin Expense3.86M2.95M5M3.85M6.9M
Income Before Depreciation Depletion Amortization-8.46M-6.2M-4.82M-3.57M-6.71M
Depreciation Depletion Amortization--0.31M0.06M0.05M
Non Operating Income---0.96M-0.62M-1.93M
Interest Expense0.96M0.39M---
Workhorse Group Pretax Income
-9.42M-6.6M-6.11M-4.27M-8.7M
Provision for Income Taxes-----
Minority Interest-----
Investment Gains Losses-----
Other Income-----
Income Before Extraordinaries & Disc Operations-9.42M-6.6M-6.11M-4.27M-8.7M
Extraordinary Items & Discontinued Operations-----
Workhorse Group Net Income (Profit/Loss)
-9.42M-6.6M-6.11M-4.27M-8.7M
Average Shares used to compute Diluted EPS17.29M----
Average Shares used to compute Basic EPS17.29M----
Income Before Nonrecurring Items-9.43M----
Income from Nonrecurring Items-----
Workhorse Group Earnings Per Share Basic Net
-0.55-0.44---
Workhorse Group Earnings Per Share Diluted Net
-0.55----
EPS Diluted Before Nonrecurring Items-0.55----
Preferred Dividends Acc Pd-----
Dividends Common-----
Dividend Per Share Common-----
All figures in USD. M: Millions of USD, B: Billions of USD.
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WKHS
The key things to look for in an income statement while doing Workhorse Group stock analysis are:
  • Topline: A growing topline, as seen from the Workhorse Group revenue chart, as is not the case with Workhorse Group indicates a sagging business. One needs to compare the QoQ or YoY topline growth of WKHS stock with its peers like MLR stock and CAAS stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $0.13M - other expenses = $-9.42M for WKHS stock. An improving bottomline implies that the company is growing profits.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Workhorse Group historical stock prices to check how the price has moved with time. .

Workhorse Group Income Statement - Key Financial Ratios

PS ratio (
price sales ratio
)
29.6331
Operating margin
-275.4
Net profit margin
-275.4
Dividend yield
0%