YOLFTbeta
ESS Tech Inc

ESS Tech Inc

GWH · NYSE · Industrials / Electrical Equipment & Parts

0.071USD-0.02 (-21.11%)

Price History

Full chart

Market Stats

Previous Close0.09
Open0.09
Day Range0.05 – 0.10
52-Week Range0.198 – 10.77
Volume39.60K
Market Cap13.68M
P/E (TTM)0.00
Forward P/E0.00
EPS-2.74
Dividend Yield0.00%
Beta1.35
50-Day Avg0.5437
200-Day Avg1.13

About

ESS Tech, Inc., an energy storage company, engages in the design and production of iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and the gigawatt-hour energy base storage product, a fully configurable layout that integrates with any site location and that allows the power to be decoupled from the capacity. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Drew Buckley
  • Employees62
  • HeadquartersBuilding 83, Wilsonville, OR, United States, 97070, USA
  • Websitehttps://essinc.com

Leadership

  • Ms. Kate SuhadolnikChief Financial Officer · b. 1989
  • Ms. Kelly F. Goodman J.D.Chief Strategy Officer, General Counsel & Corporate Secretary · b. 1980
  • Mr. Drew BuckleyCEO & Director · b. 1984
  • Mr. Brian LisieckiInterim COO & Chief Information Officer
  • Erik BylinHead of Investor Relations
  • Mr. Randall SeleskyChief Commercial Officer

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue00686.00K894.00K7.54M6.29M1.58M
Growth (%)---+30.32%+743.40%-16.51%-74.85%
Cost of Revenue-436.00K572.00K2.66M20.50M51.65M34.99M
Gross Profit--436.00K-572.00K894.00K-12.96M-45.36M-33.41M
Gross Margin---83.38%100.00%-171.82%-720.54%-2110.68%
Operating Expense-16.96M60.03M106.39M72.95M44.44M22.29M
Operating Income-9.89M-17.39M-60.60M-105.49M-85.91M-89.80M-55.70M
Operating Margin---8834.11%-11800.00%-1139.32%-1426.50%-3518.64%
EBITDA-9.63M-29.85M-474.66M-76.45M-71.06M-81.50M-52.24M
EBITDA Margin---69192.27%-8551.01%-942.51%-1294.65%-3300.38%
Net Income-11.55M-30.42M-477.12M-77.97M-77.58M-86.22M-63.44M
Net Income Margin---69550.58%-8721.36%-1028.89%-1369.69%-4007.58%
R&D6.66M12.90M30.27M71.98M42.63M11.77M8.30M
R&D as % of Total Revenue--4413.27%8051.34%565.41%187.01%524.13%
Interest Expense0132.00K1.89M2.19M--5.46M
Interest Expense % of Total Revenue--274.93%244.63%--344.60%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets21.14M9.02M250.20M173.55M143.23M71.81M51.17M
Total Liabilities5.56M10.67M45.04M36.58M39.88M42.93M42.55M
Total Equity15.58M-1.65M205.16M136.97M103.36M28.88M8.62M
Cash18.29M4.90M238.94M34.77M20.16M13.34M14.48M
Total Debt828.00K5.70M3.77M5.87M2.54M1.69M11.89M
Net Debt-17.46M796.00K-235.17M-28.90M-17.63M-11.65M-2.59M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-6.67M-16.64M-51.85M-81.62M-54.90M-72.22M-50.28M
Investing Cash Flow-851.00K-502.00K-2.77M-117.88M15.07M64.76M7.53M
Financing Cash Flow22.25M4.72M288.45M-4.07M25.65M174.00K43.46M
Capital Expenditure851.00K502.00K2.77M14.18M5.79M7.29M3.39M
Free Cash Flow-7.53M-17.15M-54.62M-95.80M-60.69M-79.51M-53.67M
Dividends Paid---657.00K---
FCF to OCF112.75%103.02%105.34%117.37%110.55%110.10%106.74%
Dividend Paid to FCF----0.69%---

Earnings

Report DateNov 16, 2020Mar 31, 2021May 24, 2021Aug 18, 2021Nov 15, 2021Feb 24, 2022May 12, 2022Aug 11, 2022Nov 3, 2022Mar 1, 2023May 9, 2023Aug 8, 2023Nov 7, 2023Mar 13, 2024May 7, 2024Aug 14, 2024Nov 13, 2024Mar 31, 2025May 15, 2025Aug 14, 2025Nov 13, 2025Mar 6, 2026May 7, 2026Aug 11, 2026Nov 12, 2026
EPS Estimate0.00----1.12-1.20-2.14-2.26-2.45-0.19-2.65-2.22-1.93-0.11-1.69-1.50-1.27-1.19-1.66-0.88-1.00-0.76-0.29-0.44-0.36
EPS Actual0.00-0.020.30-5.50-87.30-19.95-0.60-1.50-3.15-0.16-2.10-2.25-1.65-0.09-1.50-1.80-1.90-1.97-1.50-0.90-0.73-1.20-0.54-0.46-
Surprise-----7694.64%-1562.50%71.96%33.63%-28.57%15.79%20.75%-1.35%14.51%18.18%11.24%-20.00%-49.61%-66.01%9.64%-2.27%27.00%-57.89%-86.21%-4.55%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap13.68M
Enterprise Value21.35M
Trailing P/E0.00
Forward P/E0.00
Price / Sales16.94
Price / Book1.81
EPS-2.74
Book Value0.385
Revenue (TTM)-1.17M
Gross Profit (TTM)-24.78M
EBITDA-44.89M
Profit Margin0.00%
Operating Margin-20731.51%
Return on Equity-21339.71%
Return on Assets-87.77%
Shares Outstanding40.27M
Shares Float29.83M
Beta1.35
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 3 analystsTarget 2.00
  • Hold
    3

Ownership Breakdown

Institutions
16.11%
Insiders
7.69%
Retail / Other
76.20%

Top Institutional Holders

  • SoftBank Group Corp
    2.40M10.71%
  • Alyeska Investment Group, L.P.
    1.40M6.26%
  • Heights Capital Management Inc
    963.50K4.31%
  • Arosa Capital Management LP
    910.00K4.07%
  • Vanguard Capital Management, LLC
    634.72K2.84%
  • Geode Capital Management, LLC
    223.56K1.00%
  • Shay Capital LLC
    180.00K0.80%
  • UBS Group AG
    149.28K0.67%
  • Green Alpha Advisors, LLC
    115.78K0.52%
  • Pathstone Holdings LLC
    87.45K0.39%
  • Vanguard Fiduciary Trust Co
    69.40K0.31%
  • FMR Inc
    52.49K0.23%
  • BlackRock Inc
    50.37K0.23%
  • State Street Corp
    46.98K0.21%
  • JPMorgan Chase & Co
    31.54K0.14%
  • Northern Trust Corp
    31.34K0.14%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    367.38K1.64%
  • Fidelity Extended Market Index
    115.14K0.51%
  • iShares Micro-Cap ETF
    77.74K0.35%
  • Abante Quant Value FI
    62.81K0.28%

Stock Splits

  • Aug 26, 20241:15