Workhorse Group
A motor home and commercial step-van chassis manufacture.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | $115k | Grant | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (51 %) | 270 % | (161 %) | (690 %) | 161 % | (49 %) | 51 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (2129 %) | 8411 % | 48826 % | (2289 %) | (849 %) | (997 %) | (190 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (9869 %) | 5011 % | 47111 % | (2335 %) | (946 %) | (1538 %) | (490 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 2177 % | 657 % | (1363 %) | 462 % | 187 % | 138 % | - |
Source: Company filings or news article, Equity research estimates
Related Content
Workhorse Group Inc. is a technology company focused on providing sustainable and efficient electric delivery vehicles. The company primarily serves logistics and delivery companies, operating in the electric vehicle (EV) market. Workhorse's business model revolves around designing, manufacturing, and selling electric delivery trucks, such as the C Series, which are designed to reduce emissions and operational costs for last-mile delivery services. The company generates revenue through the sale of these vehicles and related services. Workhorse has also secured significant financing from institutional investors to support its growth and production capabilities.
Keywords: electric vehicles, delivery trucks, logistics, sustainability, urban transport, last-mile delivery, C Series, emissions reduction, operational efficiency, institutional financing.
Tech stack
Investments by Workhorse Group
Edit