ESS Tech Inc
NYSE:GWH
Income Statement
Earnings Waterfall
ESS Tech Inc
Revenue
|
7.5m
USD
|
Cost of Revenue
|
-20.5m
USD
|
Gross Profit
|
-13m
USD
|
Operating Expenses
|
-73m
USD
|
Operating Income
|
-85.9m
USD
|
Other Expenses
|
8.3m
USD
|
Net Income
|
-77.6m
USD
|
Income Statement
ESS Tech Inc
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
0
N/A
|
0
N/A
|
1
N/A
|
1
+28%
|
1
+1%
|
1
+43%
|
3
+169%
|
5
+40%
|
8
+58%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
(20)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
(9)
N/A
|
(13)
-50%
|
|
Operating Income | ||||||||||
Operating Expenses |
(61)
|
(64)
|
(89)
|
(106)
|
(106)
|
(109)
|
(111)
|
(93)
|
(73)
|
|
Selling, General & Administrative |
(30)
|
(33)
|
(42)
|
(46)
|
(34)
|
(32)
|
(31)
|
(31)
|
(30)
|
|
Research & Development |
(30)
|
(31)
|
(47)
|
(60)
|
(72)
|
(77)
|
(80)
|
(62)
|
(43)
|
|
Operating Income |
(61)
N/A
|
(64)
-6%
|
(89)
-38%
|
(105)
-19%
|
(105)
0%
|
(108)
-2%
|
(108)
0%
|
(98)
+9%
|
(86)
+13%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
(225)
|
(12)
|
(11)
|
28
|
2
|
5
|
5
|
6
|
8
|
|
Total Other Income |
(191)
|
(161)
|
(153)
|
(156)
|
25
|
9
|
1
|
6
|
1
|
|
Pre-Tax Income |
(477)
N/A
|
(237)
+50%
|
(253)
-7%
|
(233)
+8%
|
(78)
+67%
|
(94)
-21%
|
(102)
-8%
|
(87)
+15%
|
(78)
+10%
|
|
Net Income | ||||||||||
Income from Continuing Operations |
(477)
|
(237)
|
(253)
|
(233)
|
(78)
|
(94)
|
(102)
|
(87)
|
(78)
|
|
Net Income (Common) |
(477)
N/A
|
(237)
+50%
|
(253)
-7%
|
(233)
+8%
|
(78)
+67%
|
(94)
-21%
|
(102)
-8%
|
(87)
+15%
|
(78)
+10%
|
|
EPS (Diluted) |
-3.14
N/A
|
-1.56
+50%
|
-1.65
-6%
|
-1.54
+7%
|
-0.51
+67%
|
-0.61
-20%
|
-0.66
-8%
|
-0.56
+15%
|
-0.48
+14%
|