Workhorse Group Inc
NASDAQ:WKHS

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Workhorse Group Inc
NASDAQ:WKHS
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Price: 2.2505 USD -2.58%
Market Cap: 92.2m USD

Gross Margin
Workhorse Group Inc

-333.3%
Current
3 963%
Average
18.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
-333.3%
=
Gross Profit
-30.3m
/
Revenue
9.1m

Gross Margin Across Competitors

Workhorse Group Inc
Glance View

Market Cap
92.2m USD
Industry
Automobiles

Workhorse Group, Inc. is a technology company, which engages in the provision of sustainable solutions to the commercial transportation sector. The company is headquartered in Loveland, Ohio and currently employs 221 full-time employees. The company went IPO on 2009-07-14. The firm designs and manufactures all-electric delivery trucks and drone systems, including the technology that optimizes the way these vehicles operate. The company is an original equipment manufacturer, and its products are marketed under the Workhorse brand. All Workhorse last-mile delivery trucks are assembled in its Union City, Indiana production facility. Its products offering includes delivery vans, delivery drones and telematics. Its C-Series Vans are all-electric by design, with composite technology, and an approximately 100-mile range. Its delivery drones designed to be fully autonomous, as well as work in tandem with its all-electric delivery vans. This custom-built drone technology helps to deliver safety and efficiency to the doorstep. Its in-house, integrated system has information on approximately 8.5 million miles of tracking approximately 350 vehicles.

WKHS Intrinsic Value
0.9313 USD
Overvaluation 59%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
-333.3%
=
Gross Profit
-30.3m
/
Revenue
9.1m
What is the Gross Margin of Workhorse Group Inc?

Based on Workhorse Group Inc's most recent financial statements, the company has Gross Margin of -333.3%.

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