Worksport Ltd. (WKSP)

Worksport Statistics

Total Valuation

Worksport has a market cap or net worth of $11.46 million. The enterprise value is $12.20 million.

Market Cap	11.46M
Enterprise Value	12.20M

Important Dates

The last earnings date was Thursday, March 27, 2025, before market open.

Earnings Date	Mar 27, 2025
Ex-Dividend Date	n/a

Share Statistics

Worksport has 3.29 million shares outstanding. The number of shares has increased by 56.52% in one year.

Current Share Class	3.29M
Shares Outstanding	3.29M
Shares Change (YoY)	+56.52%
Shares Change (QoQ)	+15.95%
Owned by Insiders (%)	10.72%
Owned by Institutions (%)	9.83%
Float	2.77M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	1.14
Forward PS	0.41
PB Ratio	0.80
P/TBV Ratio	0.70
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.44
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 3.30, with a Debt / Equity ratio of 0.32.

Current Ratio	3.30
Quick Ratio	1.61
Debt / Equity	0.32
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-21.32

Financial Efficiency

Return on equity (ROE) is -90.83% and return on invested capital (ROIC) is -40.78%.

Return on Equity (ROE)	-90.83%
Return on Assets (ROA)	-37.44%
Return on Invested Capital (ROIC)	-40.78%
Return on Capital Employed (ROCE)	-68.61%
Revenue Per Employee	$117,839
Profits Per Employee	-$224,497
Employee Count	72
Asset Turnover	0.33
Inventory Turnover	1.72

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -42.00% in the last 52 weeks. The beta is 2.11, so Worksport's price volatility has been higher than the market average.

Beta (5Y)	2.11
52-Week Price Change	-42.00%
50-Day Moving Average	7.04
200-Day Moving Average	6.88
Relative Strength Index (RSI)	29.67
Average Volume (20 Days)	260,090

Short Selling Information

The latest short interest is 659,826, so 20.03% of the outstanding shares have been sold short.

Short Interest	659,826
Short Previous Month	779,935
Short % of Shares Out	20.03%
Short % of Float	23.84%
Short Ratio (days to cover)	0.83

Income Statement

In the last 12 months, Worksport had revenue of $8.48 million and -$16.16 million in losses. Loss per share was -$5.84.

Revenue	8.48M
Gross Profit	905,650
Operating Income	-15.48M
Pretax Income	-15.12M
Net Income	-16.16M
EBITDA	-13.73M
EBIT	-15.48M
Loss Per Share	-$5.84

Balance Sheet

The company has $4.88 million in cash and $5.62 million in debt, giving a net cash position of -$735,905 or -$0.22 per share.

Cash & Cash Equivalents	4.88M
Total Debt	5.62M
Net Cash	-735,905
Net Cash Per Share	-$0.22
Equity (Book Value)	17.41M
Book Value Per Share	4.34
Working Capital	7.30M

Cash Flow

In the last 12 months, operating cash flow was -$10.14 million and capital expenditures -$528,235, giving a free cash flow of -$10.67 million.

Operating Cash Flow	-10.14M
Capital Expenditures	-528,235
Free Cash Flow	-10.67M
FCF Per Share	-$3.24

Margins

Gross margin is 10.67%, with operating and profit margins of -182.46% and -190.51%.

Gross Margin	10.67%
Operating Margin	-182.46%
Pretax Margin	-190.51%
Profit Margin	-190.51%
EBITDA Margin	-161.80%
EBIT Margin	-182.46%
FCF Margin	n/a

Dividends & Yields

Worksport does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-56.52%
Shareholder Yield	n/a
Earnings Yield	-141.02%
FCF Yield	-93.06%

Analyst Forecast

The average price target for Worksport is $15.75, which is 352.59% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$15.75
Price Target Difference	352.59%
Analyst Consensus	Strong Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on March 18, 2025. It was a reverse split with a ratio of 0.1:1.

Last Split Date	Mar 18, 2025
Split Type	Reverse
Split Ratio	0.1:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	1