Worksport Ltd. (WKSP)
Market Cap | 11.03M |
Revenue (ttm) | 6.40M |
Net Income (ttm) | -15.52M |
Shares Out | 3.29M |
EPS (ttm) | -6.49 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,526,110 |
Open | 3.770 |
Previous Close | 3.670 |
Day's Range | 2.820 - 3.860 |
52-Week Range | 2.820 - 12.000 |
Beta | 2.11 |
Analysts | Strong Buy |
Price Target | 17.50 (+422.39%) |
Earnings Date | Mar 27, 2025 |
About WKSP
Worksport Ltd., through its subsidiary, designs and distributes truck tonneau covers in Canada and the United States. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold aluminum covers. It also offers energy products, such as Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station. It serves its products to automotive accessories, consumer electronics, and residenti... [Read more]
Financial Performance
In 2023, Worksport's revenue was $1.53 million, an increase of 1212.97% compared to the previous year's $116,502. Losses were -$14.93 million, 19.1% more than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for WKSP stock is "Strong Buy." The 12-month stock price forecast is $17.5, which is an increase of 422.39% from the latest price.
News

Worksport Ltd. Reports Fiscal Year 2024 Results, Achieves 455% Year-Over-Year Revenue Growth
Company Outlines Strong Momentum in Margins, Revenue, and Business Growth Entering 2025 West Seneca, New York--(Newsfile Corp. - March 27, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Co...

Worksport Sets Fourth Quarter and Full Year 2024 Financial Results Release Date and Conference Call
West Seneca, New York--(Newsfile Corp. - March 24, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions pr...

Worksport Believes Market Valuation Does Not Fully Reflect Business Fundamentals; Targets Cash Flow Positivity and Meaningful Growth in 2025
West Seneca, New York--(Newsfile Corp. - March 18, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean energy solutions fo...

Worksport Announces 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan
CEO Shares Confidence And Emphasizes Catalyst Events To Come West Seneca, New York, March 14, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufa...

AetherLux's ZeroFrost™ Heat Pump Technology: Proven, Measured, and Setting a New Standard in the HVAC Industry
Worksport Highlights Strong Reception Of Terravis Energy's AetherLux Product Reveal, And Shares Additional Testing Data West Seneca, New York, March 06, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ...

Worksport (WKSP) Reports 30% Dealer Network Growth; Debuts AL4 Premium Tonneau Cover on E-Commerce Platform
Company Adds 24 New Dealer Locations in Early 2025, Initiates Flagship AL4 Cover Availability at Worksport.com

KULR and Worksport Forge Strategic Partnership to Advance Battery Technology and U.S. Manufacturing
HOUSTON, Feb. 13, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leader in advanced energy management platforms, and Worksport Ltd. (Nasdaq: WK...

Worksport Subsidiary Terravis Energy Unveils Revolutionary Heat Pump, Eliminating Defrost Cycles & Shattering Performance Standards; AetherLux™ [Updated]
Groundbreaking System Successfully Operates From -57°F to 131°F, Eliminates Defrost Cycles, and Paves the Way for a New Era in Clean-Energy Efficiency

Worksport Subsidiary Terravis Energy Unveils Revolutionary Heat Pump, Eliminating Defrost Cycles & Shattering Performance Standards; AetherLux™
Groundbreaking System Successfully Operates From -57°F to 131°F, Eliminates Defrost Cycles, and Paves the Way for a New Era in Clean-Energy Efficiency West Seneca, New York, Feb. 11, 2025 (GLOBE NEWSW...

Worksport Subsidiary Terravis Energy Unveils Revolutionary Heat Pump, Eliminating Defrost Cycles & Shattering Performance Standards; AetherLux(TM)
Groundbreaking System Successfully Operates From -57°F to 131°F, Eliminates Defrost Cycles, and Paves the Way for a New Era in Clean-Energy Efficiency West Seneca, New York--(Newsfile Corp. - February...

Worksport Ltd. ($WKSP) Begins Shipping Flagship AL4 Product Line, Plans Production Ramp Amid Positive Buyer Feedback
WEST SENECA, N.Y,, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the ...

Worksport ($WKSP) Taps Coinbase as Official Crypto Custodian, Strengthening Cryptocurrency Treasury Strategy
Following Reach O ut f rom Coinbase's Institutional Team, Worksport Has Created XRP & Bitcoin (BTC) Corporate Accounts

Worksport Ltd. ($WKSP) Announces Global Patent Portfolio Growth, and Joins LOT Network for Enhanced Patent Protection
Strategic Alliance Aims to Lower Legal Costs & Strengthen Market Position, Ahead of Major Product Launches West Seneca, New York, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Work...

Worksport Subsidiary Terravis Energy Announces Two Major Heat Pump Breakthroughs, Begins 20-Day Countdown
Solving Two Key Market Challenges; Successful R&D Has Achieved a Solution Expected to Revolutionize Home Heating & Cooling, While Being Affordable and Highly Efficient.

Worksport ($WKSP) Further Expands Product Line with HD3 Premium Tri-Fold Cover, Building on AL4 Momentum and Teasing COR & SOLIS Innovations
New Tri-Fold Model Expected to Launch in Spring 2025 Joins AL4 in Diversifying Product Mix, Driving Revenue Growth, Underscoring the Company's Expanding Multichannel Market Vision

Worksport Ltd. ($WKSP) Shares CEO Commentary and Provides Outlook for Year Ahead
Company Reflects on Record Growth, 2025 Milestones, and Encourages Investors to Stay Tuned for Upcoming Developments West Seneca, New York, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WK...

Worksport Ltd. ($WKSP) Shares Enhanced Strategic Vision & Opportunity on New and Improved Investor Relations Website
“Worksport's Road to a $13B Target Market” Underscores the Company's Growth Strategy, Clean-Tech Innovations, and Expanding Operations

Worksport ($WKSP) To Showcase Upcoming Innovations Live on FOX & Friends National TV
Worksport's AL4 Premium Cover, SOLIS, and COR Systems Scheduled to Take Center Stage in Front of an Audience Projected to Exceed One Million Live Viewers This Weekend

Worksport (WKSP) Sees 51% B2C and 60% B2B Sales Growth in November, Boosting Margins, and Accelerating Brand Expansion
Year-End Momentum and 3 Upcoming Products Position Worksport for a Strong 2025 West Seneca, New York--(Newsfile Corp. - December 6, 2024) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company")...

Worksport Ltd. to Present at Prestigious ICR Conference 2025; CEO to Highlight Growth Initiatives
Company to Showcase at Premier Investor Event Among Industry Leaders Like Walmart, Yum! Brands, and SharkNinja West Seneca, New York, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd.

Made in America Stocks - Automotive and Crypto Poised to Benefit from Trump Policy
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - November 25, 2024) - Investorideas.com, a go-to investing platform covering cleantech, automotive and crypto stocks releases a sector...

Worksport Increases Production Capacity to Meet Growing Sales Demand
Company Aims for 100% Growth in Monthly Online Sales in the Near-Term; AL4 Tonneau Cover Launch Set for December

Worksport Ltd. Retains Digital BD to Investigate Short Selling Activity; CEO Reaffirms Confidence with Personal Share Purchase at 44% Premium to Market
Company Formally Addresses Unusual Trading Activity Amid Strong Growth Prospects and Upcoming Product Releases West Seneca, New York--(Newsfile Corp. - November 21, 2024) - Worksport Ltd. (NASDAQ: WKS...

Worksport Ltd. (WKSP) Q3 2024 Earnings Call Transcript
Worksport Ltd. (NASDAQ:WKSP) Q3 2024 Earnings Conference Call November 13, 2024 4:30 PM ET Company Participants Steven Rossi – Founder and Chief Executive Officer Michael Johnston – Chief Financial O...

Worksport ($WKSP) Reports Significant 581% YoY Revenue Growth in Q3 2024, Eyes Record 2025
Company Announces Consecutive Surge in Quarterly Revenues; Provides Positive Outlook for Fiscal Year 2025; Ongoing Expansion and New Product Lines Fuel Momentum