Workhorse Group Inc. (WKHS)

Nuvei Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2.64	4.12	25.85	99.28	201.65	46.82
Cash & Short-Term Investments	2.64	4.12	25.85	99.28	201.65	46.82
Cash Growth	-60.69%	-84.06%	-73.97%	-50.77%	330.71%	96.15%
Accounts Receivable	0.03	0.54	2.33	2.08	0.15	1.04
Other Receivables	0.14	0.54	2.14	15	-	-
Receivables	0.17	1.08	4.47	17.08	0.15	1.04
Inventory	41.31	41.84	45.41	8.85	10.07	15.47
Prepaid Expenses	1.01	1.45	1.28	1.2	2.21	0.77
Restricted Cash	27.95	0.53	10	-	-	194.41
Other Current Assets	4.47	4.41	6.82	12.95	2.15	31.99
Total Current Assets	77.54	53.43	93.83	139.36	216.22	290.49
Property, Plant & Equipment	37.52	40.23	47.67	33.21	9.44	11.4
Long-Term Investments	-	-	-	10	-	330.56
Other Long-Term Assets	0.42	0.18	0.18	0.18	2.48	0.09
Total Assets	115.48	93.84	141.67	182.74	228.14	632.54
Accounts Payable	11.09	11.51	12.46	10.24	7.85	4.79
Accrued Expenses	5.96	4.67	2.08	4.97	8.26	4.25
Current Portion of Long-Term Debt	45.24	10.49	20.18	-	-	1.41
Current Portion of Leases	1.75	1.51	3.56	1.29	0.36	-
Current Unearned Revenue	6.35	6.35	4.71	3.38	-	-
Other Current Liabilities	9.99	10.7	10.29	43.45	11.07	7.15
Total Current Liabilities	80.39	45.24	53.28	63.31	27.55	17.6
Long-Term Debt	-	-	-	-	24.71	197.7
Long-Term Leases	3.7	4.32	5.28	8.84	1.19	-
Long-Term Unearned Revenue	-	-	-	2.01	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	21.83
Other Long-Term Liabilities	-	-	-	-	-	0.21
Total Liabilities	84.09	49.55	58.56	74.16	53.45	237.34
Common Stock	0.01	0	0	0.17	0.15	0.12
Additional Paid-In Capital	905.39	897.64	834.68	736.07	686.32	504.11
Retained Earnings	-874	-853.36	-751.57	-627.65	-510.37	-109.03
Comprehensive Income & Other	0	-	-	-	-1.4	-
Shareholders' Equity	31.39	44.29	83.11	108.59	174.69	395.2
Total Liabilities & Equity	115.48	93.84	141.67	182.74	228.14	632.54
Total Debt	50.7	16.32	29.02	10.13	26.26	199.11
Net Cash (Debt)	-48.05	-12.2	-3.18	89.15	175.39	-152.29
Net Cash Growth	-	-	-	-49.17%	-	-
Net Cash Per Share	-17.35	-6.20	-3.83	140.55	340.75	-380.92
Filing Date Shares Outstanding	9.47	5.13	1.26	0.68	0.61	0.49
Total Common Shares Outstanding	5.76	3.84	1.14	0.66	0.61	0.49
Working Capital	-2.84	8.2	40.54	76.05	188.67	272.9
Book Value Per Share	5.45	11.52	72.66	163.92	287.48	810.36
Tangible Book Value	31.39	44.29	83.11	108.59	174.69	395.2
Tangible Book Value Per Share	5.45	11.52	72.66	163.92	287.48	810.36
Land	-	2.13	2.13	0.88	0.86	0.79
Buildings	-	12.75	12.68	8.17	6.4	6.01
Machinery	-	33.69	31.13	8.87	5.07	3.93
Construction In Progress	-	0.73	1.1	9.03	0.93	4.13

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q