Workhorse Group Inc (WKHS)

[uksausage]

it has a huge backlog of orders (well over 10,000) that will take it through most of next 2 years to deliver, plus the UPS horsefly drone.

https://ir.workhorse.com/news-events/press-releases/detail/162/workhorse-receives-purchase-order-from-pride-group

https://ir.workhorse.com/news-events/press-releases/detail/160/workhorse-receives-purchase-order-for-500-c-1000

https://ir.workhorse.com/news-events/press-releases/detail/159/workhorse-group-submits-formal-application-to-the-faa-for

they raised some capital so shouldn't be needing short term cash either

https://ir.workhorse.com/news-events/press-releases/detail/156/workhorse-closes-200-million-financing-from-institutional


still currently the only dedicated E-Van US Manufacturer. Even Rivian is using LIghtning motors to convert I think and making non eVan models.

oh and they own 10% plus 1% royalty on the Endurance sales from RIDE (Lordstown motors.

Q3 PR:
https://ir.workhorse.com/news-events/press-releases/detail/161/workhorse-group-reports-third-quarter-2020-results

1800 units in 2021 at how much per vehicle (inc service contracts etc)? 50k each = $90M and probably 4 times that in 2022.
Earnings call March 1st