Worksport Statistics
Total Valuation
Worksport has a market cap or net worth of $26.16 million. The enterprise value is $30.29 million.
Important Dates
The next estimated earnings date is Thursday, March 27, 2025, after market close.
| Earnings Date | Mar 27, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Worksport has 32.94 million shares outstanding. The number of shares has increased by 38.80% in one year.
| Current Share Class | 32.94M |
| Shares Outstanding | 32.94M |
| Shares Change (YoY) | +38.80% |
| Shares Change (QoQ) | +13.38% |
| Owned by Insiders (%) | 10.72% |
| Owned by Institutions (%) | 4.72% |
| Float | 27.68M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 2.97 |
| Forward PS | 1.32 |
| PB Ratio | 1.50 |
| P/TBV Ratio | 1.74 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 4.74 |
| 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 | 0.83 |
| 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 Invested Capital (ROIC) | -41.61% |
| Return on Capital Employed (ROCE) | -68.40% |
| 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 -43.68% in the last 52 weeks. The beta is 0.43, so Worksport's price volatility has been lower than the market average.
| Beta (5Y) | 0.43 |
| 52-Week Price Change | -43.68% |
| 50-Day Moving Average | 0.90 |
| 200-Day Moving Average | 0.70 |
| Relative Strength Index (RSI) | 38.39 |
| Average Volume (20 Days) | 947,587 |
Short Selling Information
The latest short interest is 616,260, so 1.87% of the outstanding shares have been sold short.
| Short Interest | 616,260 |
| Short Previous Month | 567,255 |
| Short % of Shares Out | 1.87% |
| Short % of Float | 2.23% |
| Short Ratio (days to cover) | 0.40 |
Income Statement
In the last 12 months, Worksport had revenue of $6.40 million and -$15.52 million in losses. Loss per share was -$0.65.
| 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 | -$0.65 |
Full Income StatementBalance Sheet
The company has $1.88 million in cash and $6.01 million in debt, giving a net cash position of -$4.13 million or -$0.13 per share.
| Cash & Cash Equivalents | 1.88M |
| Total Debt | 6.01M |
| Net Cash | -4.13M |
| Net Cash Per Share | -$0.13 |
| Equity (Book Value) | 16.36M |
| Book Value Per Share | 0.53 |
| 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 | -$0.38 |
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 | 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 | -38.80% |
| Shareholder Yield | -38.80% |
| Earnings Yield | -59.34% |
| FCF Yield | -47.56% |
Analyst Forecast
The average price target for Worksport is $1.75, which is 120.38% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $1.75 |
| Price Target Difference | 120.38% |
| 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 August 4, 2021. It was a reverse split with a ratio of 0.05:1.
| Last Split Date | Aug 4, 2021 |
| Split Type | Reverse |
| Split Ratio | 0.05:1 |
Scores
Worksport has an Altman Z-Score of -3.32 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -3.32 |
| Piotroski F-Score | 3 |