GWH — Stock Film
STOCK FILMSCENE 1/11GWH · $0.38
Stock Expert AI presents
GWH
ESS Tech, Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
ESS Tech, Inc. What it actually does.

Designs and produces iron flow batteries for energy storage. Offers Energy Warehouse, a behind-the-meter energy storage solution. Now — the numbers.

on the stock market since 2021
62 employees
$11.1M market value
WHERE DOES THE MONEY COME FROM?
65%Products
ProductsOther Product or Service 28%Services 7%
65% of all revenue comes from a single line: Products.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

Revenue last year:
$1.6M
The loss that same year:
$63.4M
For every $1 it earns, the company spends $41.

The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.

In the vault right now:
$22M
DEBT: $11.9M
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

Every quarter, analysts set a profit bar.
How many of the last 8 did the company clear?
1 / 8
EXPECTATIONS MET OR BEATEN
1
Nov 2024
Aug 2026
1 TIME IN THE LAST 8 QUARTERS
It misses the bar more often than not.
THE PRICE TAG
MARKET VALUE / ANNUAL SALES

This company is not turning a profit, so the market is pricing its sales instead: for every dollar of annual revenue.

Against companies in its own sector, it looks cheaper than 1% of them.

Analysts' average target sits 431% above today's price.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 100% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/2
The product is selling

Sales run at $1.6M a year. A small number, but proof the product has real buyers.

2
THE BRIGHT SIDE · 2/2
Executives are buying their own stock

Over the last 12 months, company executives reported 11 buys and 6 sells. Management buying with its own money is usually read as a good sign.

1
THE RISKS · 1/3
Small sales, big loss

A loss of $63.4M against $1.6M in annual sales. And on top of that, sales fell from the year before.

2
THE RISKS · 2/3
Trading under $1

The stock sits at $0.38. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.

3
THE RISKS · 3/3
The cash has a countdown

At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.

FINALE · THE GRADE
F
26 / 100 · MoonshotScore

On our five-subject report card, GWH sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: GWH is a high-risk stock — not yet profitable, and its future rides on its product catching on.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

Analysts’ average target sits above today’s price, yet the valuation grade (1/100) says the stock isn’t cheap.

What would you like to do next?
Open the stock page →
This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film