Worksport Ltd.

Worksport Ltd.

WKSP
Worksport Ltd.US flagNASDAQ Capital Market
0.91
USD
-0.03
- -
4.46MMarket Cap
Worksport Ltd.
WKSP
(NASDAQ Capital Market)

Recent

price

0.91

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
250.53
19.33
6.44
3.99
4.31
10.46
1.27
0.26
0.07
0.86
3.06
2.62
2.28
Revenue per Share
-5.03
-9.53
-8.07
-7.37
-202.51
-103.45
-20.27
-33.25
-15.78
-1.95
-4.34
-6.86
-7.34
-8.44
-5.84
-3.15
-2.75
Basic EPS, GAAP
-5.69
-8.88
-8.3
-6.75
-13.37
-17.37
-4.29
-1.95
-3.41
-0.6
-2.57
-4.64
-11.2
-8.83
-3.85
-3
-2.98
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-1,651.91
-1,647.19
-1,655.25
-1,662.63
-238.23
-119.98
-92.43
-83.92
-92.64
-63.4
-47.05
-18.12
-19.55
-27.31
-23.29
-13.65
-11.9
Book Value per Share
- -
-0.51
- -
-0.9
-6.35
-0.21
-18.16
3.4
-2.2
-5.1
0.39
29.2
13.38
9.52
5.95
3.58
2.55
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
2
2
3
6
8
Basic Weighted Avg Shares
- -
- -
- -
- -
1
1
- -
- -
- -
2
- -
- -
- -
2
8
16
17
Sales/Revenue/Turnover
- -
- -
- -
- -
-28.25
-522.33
-98.18
-434.51
-234.01
-29.37
-283.82
-2,488.09
-10,973.35
-963.59
-182.46
-116.87
-118.14
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
2
2
2
Depreciation Expense
- -
- -
- -
- -
- -
-3
-1
-3
-2
- -
-1
-8
-13
-15
-16
-19
-21
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
-80.83
-535.21
-314.64
-832.66
-366.14
-18.64
-343.1
-2,599.86
-10,758.97
-975.98
-190.51
-120.19
-120.65
Profit Margin (%)
- -
- -
- -
- -
- -
- -
-1
- -
- -
-1
- -
32
16
2
7
10
7
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
6
1
5
1
1
LT Debt
- -
- -
- -
- -
- -
- -
-1
- -
- -
-1
- -
34
24
18
17
23
20
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2
2
3
LT Borrowings
1
1
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
10
12
Market Capitalization
19
11
8

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
12
17
13
Cash, Cash Equivalents & STI
4
6
1
Accounts Receivable, Net
1
1
- -
Inventories
7
10
12
Total Current Liabilities
6
7
7
Payables & Accruals
4
5
4
ST Debt
2
2
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-719.99%
4,008.29%
31.37%
Free Cash Flow
142.06%
188.14%
72.81%
Net Income, GAAP
90.58%
134.15%
19.73%
Sales/Revenue/Turnover
188.8%
336.7%
89.78%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
2
3
3
8
2025
2
4
5
5
16
2026
3
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.75
-1.55
-1.4
- -
-5.84
2025
-1.05
-0.71
-0.75
- -
-3.15
2026
-0.54
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Worksport Ltd. (Nasdaq: WKSP) designs, develops, manufactures and markets tonneau covers and integrated clean energy solutions for pickup trucks and broader sustainable energy applications; the company offers soft tonneau covers including the Worksport SC3, SC3 PRO, SC4 and SC4 PRO vinyl-wrapped tri- and quad-fold models, alongside hard aluminum folding covers such as the AL3, AL4 and HD3 heavy-duty variants compatible with major truck models including Rivian R1T; it further provides energy products comprising Worksport SOLIS solar-integrated tonneau covers generating up to 2,050 miles of EV range annually, Worksport COR modular portable power stations scalable to multiple 960Wh batteries with 2-3 hour solar recharges for job sites, campsites and emergency response, plus NP (non-parasitic) hydrogen-based systems, ZeroFrost heat pumps via subsidiary Terravis Energy's AetherLux technology eliminating defrost cycles for HVAC markets, and related portable power, heat pumps and EV charging stations protected by over 170 global IP assets encompassing 19 issued utility patents, 37 pending utility applications, 23 registered designs, 42 pending designs, 40 trademarks and 10 pending trademarks. Founded in 2011 and headquartered at 2500 North America Drive in West Seneca, New York, Worksport operates primarily in the United States and Canada with products designed for global scalability, serving automotive aftermarket, consumer electronics, residential/commercial HVAC, government agencies and OEMs through a dealer network exceeding 150 partners and 17,000 addressable U.S. retailers; the company reports via two segments, Hard Tonneau Covers and Soft Tonneau Covers, while expanding into clean tech amid U.S. manufacturing at its ISO 9001-certified facility with recent Missouri assembly addition for SOLIS production. Recent developments include the October 2025 closure of a $10 million Regulation A funding round to capitalize COR and SOLIS launches targeting early 2026 cash flow positivity with $20-25 million 2025 revenue guidance and $45 million capacity; Q3 2025 delivery of 61% revenue growth to $10.21 million trailing twelve months, 31% gross margins and 2,300 basis-point expansion; record Black Friday online sales and consecutive monthly records; product launches of HD3 for B2B, final SOLIS/COR specifications/pricing with SEMA 2025 showcase and initial purchase orders; strategic partnerships with KULR Technology for batteries, Patriot Automotive and Dix Performance North for distribution, Hyundai exploration, Coinbase as crypto custodian alongside Bitcoin/XRP treasury holdings, and Terravis Energy's NTAP award for ZeroFrost analysis; U.S. government sales commencement, 42% dealer growth, reverse stock split for Nasdaq compliance, $2.8 million New York State grant and nano-grid pilot with a top U.S. construction group.

Company News

APIChatGPT
  • Worksport Ltd. (WKSP) Discusses Business Updates and Strategic Focus for Second Half of the Year Transcript

  • Worksport (NASDAQ:WKSP) Regains $1 Bid Price Requirement, Announces CEO Town Hall, Highlights Multiple Recent Growth Drivers in CEO Letter

  • Worksport (NASDAQ:WKSP) Achieves 35% May Gross Margin, Lands Meyer Distribution, Targets $36M+ Revenue Run-Rate

  • Worksport (NASDAQ:WKSP) Announces $1.20 per Share Direct Investment at 100% Premium to Market; Institutional Investor Signals Interest in Up to $10 Million

  • Worksport Ltd. Reports Additional $50,000 CEO Insider Stock Acquisition, Reinforcing Confidence in Long-Term Value Creation

  • Worksport (NASDAQ:WKSP) Secures U.S. Patent For 'Industry-First' Zerofrost Heat Pump Through Its Subsidiary, Terravis Energy

  • Worksport Ltd. (WKSP) Q1 2026 Earnings Call Transcript

  • Worksport Ltd. (WKSP) Reports Q1 Loss, Lags Revenue Estimates

  • Worksport (NASDAQ:WKSP) Reports Q1 Revenue Up 48%, Gross Profit Up 116% (YOY)

  • Worksport (NASDAQ: WKSP) Announces Q1 2026 Earnings Call Date and Launch of Investor Townhall Series

  • Worksport (NASDAQ:WKSP) Appoints Jennifer Kartychak As CFO to Drive Financial Scale-Up

  • Worksport (NASDAQ:WKSP) Invited to Present at D. Boral 2026 Global Conference

  • Worksport (NASDAQ:WKSP) Secures Tri-State Distribution, Books Initial Orders, Projected to be 7-Figure + Annual Account

  • Worksport Ltd. (NASDAQ:WKSP) Launches New "Nexus" Tonneau Cover; Early Demand Signals Scalable Multi-Million Dollar Revenue Growth and Expanding Distribution

  • Worksport to Showcase SOLIS(TM), COR(TM) and Expanded Product Line at the 2026 MOORE Overlanding Expo

  • Worksport Ltd. Announces CEO Acquires Stock, Reinforcing Confidence in Long-Term Strategy

  • Worksport Announces COR(TM) Portable Energy System Is Now Fully Certified, Including Key UL and CSA Approvals, for North American Retail and Commercial Distribution

  • Worksport Ltd. (NASDAQ:WKSP) Short Interest Up 43.6% in March

  • Worksport Ltd. (WKSP) Q4 2025 Earnings Call Transcript

  • Worksport Reports Record FY 2025 Results, Issues $35M–$42M 2026 Revenue Guidance; Targets Initial Cash Flow Positivity