Worksport Statistics
Total Valuation
Worksport has a market cap or net worth of $9.69 million. The enterprise value is $10.33 million.
Important Dates
The next estimated earnings date is Thursday, May 15, 2025, before market open.
| Earnings Date | May 15, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Worksport has 3.41 million shares outstanding. The number of shares has increased by 56.52% in one year.
| Current Share Class | 3.41M |
| Shares Outstanding | 3.41M |
| Shares Change (YoY) | +56.52% |
| Shares Change (QoQ) | +15.95% |
| Owned by Insiders (%) | 9.59% |
| Owned by Institutions (%) | 9.49% |
| Float | 2.90M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.93 |
| Forward PS | 0.35 |
| PB Ratio | 0.66 |
| P/TBV Ratio | 0.59 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.22 |
| 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 | 1.63 |
| 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 | $104,745 |
| Profits Per Employee | -$199,553 |
| Employee Count | 81 |
| 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 -25.07% in the last 52 weeks. The beta is 2.07, so Worksport's price volatility has been higher than the market average.
| Beta (5Y) | 2.07 |
| 52-Week Price Change | -25.07% |
| 50-Day Moving Average | 4.70 |
| 200-Day Moving Average | 6.49 |
| Relative Strength Index (RSI) | 34.87 |
| Average Volume (20 Days) | 86,777 |
Short Selling Information
The latest short interest is 369,654, so 10.84% of the outstanding shares have been sold short.
| Short Interest | 369,654 |
| Short Previous Month | 659,826 |
| Short % of Shares Out | 10.84% |
| Short % of Float | 12.73% |
| Short Ratio (days to cover) | 1.52 |
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 |
Full Income StatementBalance Sheet
The company has $4.97 million in cash and $5.62 million in debt, giving a net cash position of -$645,391 or -$0.19 per share.
| Cash & Cash Equivalents | 4.97M |
| Total Debt | 5.62M |
| Net Cash | -645,391 |
| Net Cash Per Share | -$0.19 |
| Equity (Book Value) | 17.41M |
| Book Value Per Share | 4.34 |
| Working Capital | 7.30M |
Full Balance SheetCash 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 | -$3.13 |
Full Cash Flow StatementMargins
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 | -166.83% |
| FCF Yield | -110.10% |
Analyst Forecast
The average price target for Worksport is $15.75, which is 454.58% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $15.75 |
| Price Target Difference | 454.58% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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
Worksport has an Altman Z-Score of -3.4 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -3.4 |
| Piotroski F-Score | 3 |