ESS Tech
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. ESS Tech's past years’ income statements indicate that its last revenue has increased compared to the previous period by 743% to $7,540,000. Profit margin reached -1029%. Total operating expenses were $72,950,000.
Profit Margin
| 2019 | 0 | -11.54M | |
|---|---|---|---|
| 2020 | 0 | -30.48M | |
| 2021 | 0 | -324.84M | |
| 2022 | 894K | -50.44M | -5642.73% |
| 2023 | 7.54M | -77.57M | -1028.89% |
GWH Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 7.54M | 894K | 0 | 0 | 0 |
Cost of revenue | 20.49M | 2.65M | 572K | 436K | 0 |
Gross profit | -12.95M | -1.76M | -572K | -436K | 0 |
Operating exp. | |||||
Research and development | 42.63M | 71.97M | 30.10M | 12.89M | 6.66M |
Selling and marketing | 7.74M | 6.93M | 3.48M | 1.15M | 908K |
Total operating expenses | 72.95M | 106.38M | 60.89M | 17.39M | 10.52M |
Operating income | -85.90M | -105.49M | -60.89M | -17.39M | -9.88M |
Other income (expenses), net | 8.32M | 27.52M | -416.51M | -13.02M | -1.65M |
Income before tax | -77.57M | -77.96M | -477.41M | -30.41M | -11.54M |
Income tax expense | 0 | -27.52M | -152.56M | 65K | 0 |
Net income | -77.57M | -50.44M | -324.84M | -30.48M | -11.54M |
Earnings per share | |||||
Basic EPS | -0.48 | -0.61 | -3.9 | -7.77 | -1.64 |
Diluted EPS | -0.48 | -0.61 | -3.9 | -7.77 | -1.64 |
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