energy storage systems is developing a novel flow battery technology for commercial, industrial, and utility applications. by combining inexpensive and abundant electrolyte materials with our next generation cell design, ess is creating a cost effective and reliable battery designed to work in conjunction with the modern electric grid. this will give electricity consumers an easily incorporated means of reducing their electricity costs and provide utilities with a flexible option for integrating renewable energy sources and improving grid stability.
Company profile
Ticker
GWH, GWH-WT
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ACON S2 Acquisition Corp.
SEC CIK
GWH stock data
Latest filings (excl ownership)
ARS
2024 FY
Annual report to shareholders
5 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
10-K
2023 FY
Annual report
13 Mar 24
8-K
ESS Tech, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results
13 Mar 24
8-K
ESS Tech, Inc. Receives Continued Listing Standard Notice From NYSE
8 Mar 24
S-8
Registration of securities for employees
9 Feb 24
424B3
Prospectus supplement
15 Dec 23
EFFECT
Notice of effectiveness
15 Dec 23
CORRESP
Correspondence with SEC
12 Dec 23
Transcripts
GWH
Earnings call transcript
2023 Q4
13 Mar 24
GWH
Earnings call transcript
2023 Q3
7 Nov 23
GWH
Earnings call transcript
2023 Q2
8 Aug 23
GWH
Earnings call transcript
2023 Q1
9 May 23
GWH
Earnings call transcript
2022 Q4
1 Mar 23
GWH
Earnings call transcript
2022 Q3
3 Nov 22
GWH
Earnings call transcript
2022 Q2
12 Aug 22
GWH
Earnings call transcript
2022 Q1
13 May 22
GWH
Earnings call transcript
2021 Q4
25 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
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Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 39.49 mm | 39.49 mm | 39.49 mm | 39.49 mm | 39.49 mm | 39.49 mm |
Cash burn (monthly) | (no burn) | 437.25 k | 6.04 mm | 8.19 mm | 406.33 k | 5.31 mm |
Cash used (since last report) | n/a | 2.92 mm | 40.30 mm | 54.58 mm | 2.71 mm | 35.42 mm |
Cash remaining | n/a | 36.58 mm | -809.39 k | -15.09 mm | 36.78 mm | 4.07 mm |
Runway (months of cash) | n/a | 83.6 | -0.1 | -1.8 | 90.5 | 0.8 |
Institutional ownership, Q3 2023
85.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 108 |
Opened positions | 22 |
Closed positions | 10 |
Increased positions | 27 |
Reduced positions | 27 |
13F shares | Current |
---|---|
Total value | 114.23 bn |
Total shares | 149.37 mm |
Total puts | 18.90 k |
Total calls | 145.70 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
SFTBY Softbank | 35.95 mm | $67.59 bn |
HON Honeywell International | 34.17 mm | $45.79 mm |
Breakthrough Energy Investments | 18.56 mm | $311.79 mm |
Pangaea Ventures Fund III | 11.63 mm | $0.00 |
Cycle Capital Fund III | 9.70 mm | $0.00 |
BASF Venture Capital GmbH | 7.54 mm | $18.78 mm |
ACON S2 Management | 7.13 mm | $0.00 |
BLK Blackrock | 5.64 mm | $10.59 bn |
IVZ Invesco | 5.01 mm | $9.42 bn |
Vanguard | 3.03 mm | $5.69 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Rich Hossfeld | Common Stock | Buy | Acquire P | No | No | 0.7258 | 2,300 | 1.67 k | 147,873 |
15 Mar 24 | Rich Hossfeld | Common Stock | Buy | Acquire P | No | No | 0.7257 | 200 | 145.14 | 145,573 |
15 Feb 24 | Anthony Rabb | Common Stock | Grant | Acquire A | No | No | 0 | 550,000 | 0.00 | 1,242,468 |
16 Nov 23 | Quarls Harry | Common Stock | Buy | Acquire P | No | No | 1.2508 | 5,489 | 6.87 k | 323,456 |
15 Nov 23 | Quarls Harry | Common Stock | Buy | Acquire P | No | No | 1.3455 | 67,118 | 90.31 k | 317,967 |
14 Nov 23 | Quarls Harry | Common Stock | Buy | Acquire P | No | No | 1.2695 | 80,579 | 102.30 k | 250,849 |
News
12 Industrials Stocks Moving In Thursday's After-Market Session
11 Apr 24
12 Industrials Stocks Moving In Friday's Pre-Market Session
29 Mar 24
12 Industrials Stocks Moving In Friday's After-Market Session
22 Mar 24
12 Industrials Stocks Moving In Thursday's After-Market Session
21 Mar 24
Chardan Capital Maintains Neutral Rating for ESS Tech: Here's What You Need To Know
15 Mar 24