YOLFTbeta
Worksport Ltd

Worksport Ltd

WKSP · NASDAQ · Consumer Cyclical / Auto Parts

0.34USD-0.01 (-2.86%)

Price History

Full chart

Market Stats

Previous Close0.35
Open0.38
Day Range0.33 – 0.4163
52-Week Range0.37 – 3.88
Volume2.51M
Market Cap6.89M
P/E (TTM)0.00
Forward P/E0.00
EPS-2.32
Dividend Yield0.00%
Beta0.27
50-Day Avg0.5731
200-Day Avg1.15

About

Worksport Ltd., together with its subsidiary, designs and distributes truck tonneau covers in the United States and internationally. It operates through Hard Tonneau Covers and Soft Tonneau Covers segments. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold aluminum covers. It also provides SOLIS, a solar-integrated tonneau cover designed to combine cargo protection with on-vehicle renewable power generation; COR, a portable energy storage system designed to store and deliver electrical power for mobile, off-grid, and backup power applications; and the AetherLux Pro designed as a combined cooling, heating, and power (CCHP) system that redefines energy efficiency in cold climates. The company serves its products to automotive accessories, consumer electronics, and residential and commercial HVAC system markets. Worksport Ltd. is based in West Seneca, New York.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Steven F. Rossi
  • Employees116
  • Headquarters2500 N America Dr, West Seneca, NY, United States, 14224, USA
  • Websitehttps://www.worksport.com

Leadership

  • Mr. Steven F. RossiFounder, Chairman, President, CEO & Secretary · b. 1985
  • Ms. Jennifer A. KartychakCFO, Principal Financial Officer & Principal Accounting Officer · b. 1982
  • Chris BernaudoChief Operations Officer
  • Nilay ChoksiGeneral Counsel
  • Mr. Steven RaivioExecutive Director of Sales · b. 1970

Financials

Income Statement

Currency: USD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue----------278.81K465.81K593.00K651.67K361.12K408.70K481.52K1.93M346.14K303.75K116.50K1.53M8.48M16.10M
Growth (%)-----------+67.07%+27.31%+9.89%-44.58%+13.18%+17.82%+300.07%-82.03%-12.25%-61.65%+1212.97%+454.67%+89.78%
Cost of Revenue--------13.55K11.91K159.84K19.10K435.40K532.58K334.06K231.77K384.91K1.69M299.00K350.70K56.97K1.29M7.58M11.63M
Gross Profit---------13.55K-11.91K118.97K-19.10K157.60K119.09K27.06K176.93K96.61K238.55K47.15K-46.95K59.53K240.51K905.65K4.47M
Gross Margin----------42.67%-4.10%26.58%18.27%7.49%43.29%20.06%12.38%13.62%-15.46%51.10%15.72%10.67%27.79%
Operating Expense--------00141.52K0624.99K3.54M381.62K1.96M1.31M776.40K1.03M7.51M12.83M14.98M16.37M23.00M
Operating Income-26.33K-10.72K-1.47K-1.62K-1.62K-1.62K-10.72K-27.78K-13.55K-11.91K-22.55K-19.10K-467.39K-3.42M-354.56K-1.78M-1.21M-537.85K-986.24K-7.56M-12.77M-14.74M-15.47M-18.52M
Operating Margin-----------8.09%-4.10%-78.82%-524.19%-98.18%-435.65%-251.52%-27.92%-284.92%-2489.46%-10964.37%-963.41%-182.29%-115.03%
EBITDA-26.33K------13.31K-27.78K-13.55K-11.91K-22.55K-19.10K-479.06K-3.46M-353.56K-3.39M-1.71M-275.63K-774.41K-7.54M-11.56M-13.20M-13.68M-16.93M
EBITDA Margin-----------8.09%-4.10%-80.78%-531.44%-97.91%-829.09%-354.20%-14.31%-223.72%-2480.75%-9921.83%-863.15%-161.29%-105.11%
Net Income-60.10K-41.24K-32.00K-32.15K-32.15K-32.15K-41.24K360.32K-13.55K-11.91K-22.55K-19.10K-479.34K-3.49M-1.14M-3.40M-1.76M-359.03K-1.19M-7.90M-12.53M-14.93M-16.16M-19.35M
Net Income Margin-----------8.09%-4.10%-80.83%-535.21%-314.64%-832.66%-366.14%-18.64%-343.10%-2599.86%-10758.97%-975.98%-190.51%-120.19%
R&D----------2.04K6594.93K47.35K-------1.67M2.29M1.54M
R&D as % of Total Revenue----------0.73%0.14%0.83%7.27%-------109.13%26.99%9.56%
Interest Expense33.77K0000030.53K388.10K00003.74K23.67K0170.12K55.97K71.96K386.25K294.92K488.70K616.21K726.10K592.75K
Interest Expense % of Total Revenue----------0.00%0.00%0.63%3.63%0.00%41.63%11.62%3.74%111.59%97.09%419.48%40.29%8.56%3.68%

Balance Sheet

Currency: USD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets602-----602-670-318982284.59K302.77K336.75K905.47K557.37K481.31K1.90M36.29M32.76M25.95M25.74M30.77M
Total Liabilities451.21K459.11K491.10K523.25K555.39K587.54K631.38K751.56K21.53K972292.02K299.05K1.34M533.94K780.93K1.36M1.73M2.11M8.65M7.78M8.32M7.84M
Total Equity-450.61K------631.38K-75-886--1.21K10-7.43K3.72K-1.00M371.53K-223.56K-882.56K169.47K34.18M24.12M18.18M17.41M22.93M
Cash602-----602-670-318982155.74K14.47K066.96K25.32K11.99K1.11M28.57M14.62M3.37M4.88M5.95M
Total Debt289.76K271.76K271.76K271.76K271.76K271.76K271.76K--2---46.10K291.68K298.06K296.80K357.70K712.79K857.06K6.62M6.24M5.62M2.91M
Net Debt289.16K271.76K271.76K271.76K271.76K271.76K271.76K--6702-318-982-155.74K31.63K291.68K231.09K271.47K345.71K-395.02K-27.71M-8.00M2.87M735.90K-3.04M

Cash Flow

Currency: USD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-9.40K-602-----60225.65K-12.07K-13.46K-21.03K-19.66K-31.65K-542.04K-237.02K-194.94K-379.28K-13.25K-726.30K-4.05M-7.98M-11.93M-10.14M-17.31M
Investing Cash Flow-----------5.78K-1.94K-213.45K-138.47K-3.41K-4.87K-1.87K-114.01K-16.73K-1.13M-11.15M-3.76M-528.24K-1.12M
Financing Cash Flow10.00K------10.00K-25.65K12.74K12.79K21.34K20.32K352.04K574.29K223.53K307.38K298.74K117.84K1.81M32.64M5.18M4.43M12.18M19.50M
Capital Expenditure000000000000043.46K3.41K4.87K1.87K98.35K7.96K1.13M11.15M3.69M528.24K789.46K
Free Cash Flow-9.40K-602-----60225.65K-12.07K-13.46K-21.03K-19.66K-31.65K-585.50K-240.43K-199.82K-381.15K-111.61K-734.27K-5.18M-19.13M-15.62M-10.67M-18.10M
FCF to OCF100.00%100.00%----100.00%100.00%100.00%100.00%100.00%100.00%100.00%108.02%101.44%102.50%100.49%842.12%101.10%127.97%239.77%130.93%105.21%104.56%

Earnings

Report DateDec 31, 2000Mar 31, 2001Jun 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Dec 31, 2002Mar 31, 2003Jun 30, 2003Sep 30, 2003Dec 31, 2003Mar 31, 2004Jun 30, 2004Sep 30, 2004Dec 31, 2004Mar 31, 2005Jun 30, 2005Sep 30, 2005Dec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006Mar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017Jun 30, 2017Sep 30, 2017Feb 15, 2018Jun 15, 2018Aug 20, 2018Nov 19, 2018Dec 31, 2018May 31, 2019Aug 14, 2019Nov 15, 2019May 14, 2020Aug 27, 2020Nov 16, 2020Dec 31, 2020Apr 13, 2021Aug 16, 2021Nov 15, 2021Mar 31, 2022May 23, 2022Aug 19, 2022Nov 14, 2022Mar 31, 2023May 15, 2023Aug 14, 2023Nov 14, 2023Mar 28, 2024May 16, 2024Aug 13, 2024Nov 13, 2024Mar 19, 2025May 15, 2025Aug 13, 2025Nov 13, 2025Dec 31, 2025May 13, 2026Aug 11, 2026Nov 12, 2026
EPS Estimate---------------------------------------------------------------------------------0.15-0.09-0.75-1.30-2.20-0.18-2.40-2.40-2.50-2.40-0.19-1.30-1.30-0.13-1.05-0.83-0.62-0.43-0.52-0.44-0.18
EPS Actual-1169.19-3144.17-218.09-125.80-370.83-138.38-163.70-113.74-170.22-7.55-7.41-3.56-3.32-3.32-3.32-3.62-3.32-3.32-3.32-3.62-3.32-3.32-3.32-3.62-3.32-3.32-3.32-3.56-3.45-3.32-8.19162.25-5.20-5.290.44-2.33-1.38-1.18-0.83-2.35-0.84-0.73-1.10-4.96-1.42-1.62-1.53-2.86-1.05-2.02-2.14-2.92-1.59-1.58-1.29-9.06-41.69-22.07-25.32-1.56-4.31-1.25-12.98-17.13-6.32-0.69-0.22-0.01-0.03-0.01-3.91-0.02-0.000.10-0.01-0.08-0.01-0.62-0.01-0.08-0.15-0.32-1.70-2.00-1.70-0.20-2.10-2.20-2.30-1.90-0.18-1.50-1.40-1.26-1.05-0.71-0.75-0.72-0.54-0.33-
Surprise--------------------------------------------------------------------------------0.00%-255.56%-126.67%-53.85%22.73%-11.11%12.50%8.33%8.00%20.83%5.26%-15.38%-7.69%-869.23%0.00%14.46%-20.97%-67.44%-3.85%25.00%-
Timing--------------------------------------------------------------------After-hoursAfter-hours-After-hours--After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hours-After-hoursPre-marketPre-market-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap6.89M
Enterprise Value11.10M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.38
Price / Book0.36
EPS-2.32
Book Value1.68
Revenue (TTM)18.30M
Gross Profit (TTM)5.50M
EBITDA-18.72M
Profit Margin-114.49%
Operating Margin-73.05%
Return on Equity-115.14%
Return on Assets-49.61%
Shares Outstanding15.30M
Shares Float12.42M
Beta0.27
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 3 analystsTarget 2.00
  • Strong Buy
    1
  • Buy
    2

Ownership Breakdown

Institutions
6.19%
Insiders
5.43%
Retail / Other
88.38%

Top Institutional Holders

  • Armistice Capital, LLC
    250.19K1.64%
  • Vanguard Capital Management, LLC
    142.69K0.93%
  • Geode Capital Management, LLC
    128.26K0.84%
  • Steward Partners Investment Advisory, LLC
    124.20K0.81%
  • LPL Financial Corp
    79.07K0.52%
  • Vanguard Fiduciary Trust Co
    39.61K0.26%
  • Northern Trust Corp
    19.62K0.13%
  • State Street Corp
    16.17K0.11%
  • HRT FINANCIAL LLC
    12.95K0.08%
  • Cornerstone Wealth Management LLC
    10.63K0.07%
  • XTX Topco Ltd
    10.60K0.07%
  • UBS Group AG
    7.83K0.05%
  • Federation des caisses Desjardins du Quebec
    4.00K0.03%
  • Tower Research Capital LLC
    3.19K0.02%
  • SBI Securities Co Ltd
    5180.00%
  • Vanguard Global Advisers, LLC
    4650.00%
  • Advisor Group Holdings, Inc.
    3860.00%

Top Fund Holders

  • Fidelity Extended Market Index
    49.97K0.33%
  • Fidelity Series Total Market Index
    11.20K0.07%
  • Fidelity Total Market Index
    4.67K0.03%

Stock Splits

  • Mar 18, 20251:10
  • Aug 4, 20211:20
  • Mar 29, 20191:6
  • May 9, 20031:100