Worksport Statistics
Total Valuation
Worksport has a market cap or net worth of $24.20 million. The enterprise value is $26.71 million.
Important Dates
The next estimated earnings date is Tuesday, November 12, 2024, after market close.
| Earnings Date | Nov 12, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Worksport has 30.92 million shares outstanding. The number of shares has increased by 21.79% in one year.
| Shares Outstanding | 30.92M |
| Shares Change (YoY) | +21.79% |
| Shares Change (QoQ) | +22.52% |
| Owned by Insiders (%) | 11.32% |
| Owned by Institutions (%) | 4.78% |
| Float | 27.42M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 4.38 |
| Forward PS | 4.16 |
| PB Ratio | 1.17 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 7.16 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 4.77, with a Debt / Equity ratio of 0.31.
| Current Ratio | 4.77 |
| Quick Ratio | 1.90 |
| Debt / Equity | 0.31 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -28.82 |
Financial Efficiency
Return on equity (ROE) is -79.58% and return on invested capital (ROIC) is -36.83%.
| Return on Equity (ROE) | -79.58% |
| Return on Assets (ROA) | -34.64% |
| Return on Capital (ROIC) | -36.83% |
| Revenue Per Employee | $51,834 |
| Profits Per Employee | -$213,004 |
| Employee Count | 72 |
| Asset Turnover | 0.14 |
| Inventory Turnover | 0.69 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -48.16% in the last 52 weeks. The beta is 0.72, so Worksport's price volatility has been lower than the market average.
| Beta (5Y) | 0.72 |
| 52-Week Price Change | -48.16% |
| 50-Day Moving Average | 0.56 |
| 200-Day Moving Average | 0.75 |
| Relative Strength Index (RSI) | 65.73 |
| Average Volume (20 Days) | 485,584 |
Short Selling Information
The latest short interest is 691,173, so 2.24% of the outstanding shares have been sold short.
| Short Interest | 691,173 |
| Short Previous Month | 1.23M |
| Short % of Shares Out | 2.24% |
| Short % of Float | 2.52% |
| Short Ratio (days to cover) | 1.72 |
Income Statement
In the last 12 months, Worksport had revenue of $3.73 million and -$15.34 million in losses. Loss per share was -$0.73.
| Revenue | 3.73M |
| Gross Profit | 515,868 |
| Operating Income | -15.01M |
| Pretax Income | -15.12M |
| Net Income | -15.34M |
| EBITDA | -13.75M |
| EBIT | -15.01M |
| Loss Per Share | -$0.73 |
Full Income StatementBalance Sheet
The company has $3.52 million in cash and $6.03 million in debt, giving a net cash position of -$2.51 million or -$0.08 per share.
| Cash & Cash Equivalents | 3.52M |
| Total Debt | 6.03M |
| Net Cash | -2.51M |
| Net Cash Per Share | -$0.08 |
| Equity (Book Value) | 19.15M |
| Book Value Per Share | 0.67 |
| Working Capital | 8.49M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$12.33 million and capital expenditures -$1.43 million, giving a free cash flow of -$13.76 million.
| Operating Cash Flow | -12.33M |
| Capital Expenditures | -1.43M |
| Free Cash Flow | -13.76M |
| FCF Per Share | -$0.45 |
Full Cash Flow StatementMargins
| Gross Margin | 13.82% |
| Operating Margin | -402.28% |
| Pretax Margin | -410.94% |
| Profit Margin | n/a |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | -726.59% |