Worksport Statistics
Total Valuation
Worksport has a market cap or net worth of $18.68 million. The enterprise value is $19.61 million.
Important Dates
The last earnings date was Wednesday, November 13, 2024, after market close.
| Earnings Date | Nov 13, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Worksport has 30.92 million shares outstanding. The number of shares has increased by 38.80% in one year.
| Current Share Class | 30.92M |
| Shares Outstanding | 30.92M |
| Shares Change (YoY) | +38.80% |
| Shares Change (QoQ) | +13.38% |
| Owned by Insiders (%) | 11.32% |
| Owned by Institutions (%) | 4.62% |
| Float | 24.43M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 1.87 |
| Forward PS | 4.59 |
| PB Ratio | 0.53 |
| P/TBV Ratio | 1.03 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 3.07 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.96, with a Debt / Equity ratio of 0.37.
| Current Ratio | 2.96 |
| Quick Ratio | 0.82 |
| Debt / Equity | 0.37 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -23.56 |
Financial Efficiency
Return on equity (ROE) is -94.71% and return on invested capital (ROIC) is -41.61%.
| Return on Equity (ROE) | -94.71% |
| Return on Assets (ROA) | -37.84% |
| Return on Capital (ROIC) | -41.61% |
| Revenue Per Employee | $88,832 |
| Profits Per Employee | -$215,582 |
| Employee Count | 72 |
| Asset Turnover | 0.26 |
| Inventory Turnover | 1.18 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -70.94% in the last 52 weeks. The beta is 0.64, so Worksport's price volatility has been lower than the market average.
| Beta (5Y) | 0.64 |
| 52-Week Price Change | -70.94% |
| 50-Day Moving Average | 0.59 |
| 200-Day Moving Average | 0.70 |
| Relative Strength Index (RSI) | 35.54 |
| Average Volume (20 Days) | 1,049,982 |
Short Selling Information
The latest short interest is 922,639, so 2.98% of the outstanding shares have been sold short.
| Short Interest | 922,639 |
| Short Previous Month | 691,173 |
| Short % of Shares Out | 2.98% |
| Short % of Float | 3.78% |
| Short Ratio (days to cover) | 2.04 |
Income Statement
In the last 12 months, Worksport had revenue of $6.40 million and -$15.52 million in losses. Loss per share was -$0.66.
| Revenue | 6.40M |
| Gross Profit | 673,354 |
| Operating Income | -15.00M |
| Pretax Income | -15.12M |
| Net Income | -15.52M |
| EBITDA | -13.89M |
| EBIT | -15.00M |
| Loss Per Share | -$0.66 |
Full Income StatementBalance Sheet
The company has $1.86 million in cash and $6.01 million in debt, giving a net cash position of -$4.15 million or -$0.13 per share.
| Cash & Cash Equivalents | 1.86M |
| Total Debt | 6.01M |
| Net Cash | -4.15M |
| Net Cash Per Share | -$0.13 |
| Equity (Book Value) | 16.36M |
| Book Value Per Share | 0.94 |
| Working Capital | 5.88M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$11.70 million and capital expenditures -$744,655, giving a free cash flow of -$12.44 million.
| Operating Cash Flow | -11.70M |
| Capital Expenditures | -744,655 |
| Free Cash Flow | -12.44M |
| FCF Per Share | -$0.40 |
Full Cash Flow StatementMargins
Gross margin is 10.53%, with operating and profit margins of -234.56% and -242.68%.
| Gross Margin | 10.53% |
| Operating Margin | -234.56% |
| Pretax Margin | -242.68% |
| Profit Margin | -242.68% |
| EBITDA Margin | -217.21% |
| EBIT Margin | -234.56% |
| FCF Margin | -726.59% |