Workhorse Group Inc operates in the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Workhorse Group Inc with three other
automobile manufacturers in North America:
Stoneridge Inc
(2020
sales of $648.01 million
),
Strattec Security Corporation
($385.30 million
of which 26%
was Keys & Locksets), and
GreenPower Motor Company Inc
which is
based in CANADA
(17.98 million Canadian Dollars [US$14.20 million]
).
Sales Analysis.
Sales increased substantially in 2020:
Workhorse Group Inc reported sales of $1.39 million
for the
year ending
December of 2020.
This
represents
an
increase of 269.8%
versus 2019, when the company's sales were $376,562.00 .
Sales of Automotive saw an increase
of
434.9% in 2020, from
$240,280.00 to $1.29 million.
Not all segments of Workhorse Group Inc experienced an increase in sales in 2020:
sales of Other fell 74.1% to $35,362.00 .