Worksport ltd.WKSP.US Overview
WKSP Overall Performance
WKSP AI Analysis & Strategy
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WKSP Current Performance
-3.61%
Worksport ltd.
-0.09%
Avg of Sector
-0.43%
S&P500
WKSP Key Information
WKSP Financial Forecast
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| Quarterly | EPS Forecast | QoQ | Max | Min |
|---|---|---|---|---|
| 2025Q1 | ||||
| 2025Q2 | ||||
| 2025Q3 | ||||
| 2025Q4 | ||||
| 2026Q1 |
WKSP Earnings Table
Unit : USD
| QTR | Non-GAAP EPS | EPS YoY | EPS Surprise % | Sales | Sales YoY | Sales Surprise % | NPM |
|---|---|---|---|---|---|---|---|
| Current | |||||||
| 2024Q4 | |||||||
| 2024Q3 | |||||||
| 2024Q2 | |||||||
| 2024Q1 |
WKSP Profile
Worksport Ltd., through its subsidiary, designs, manufactures, and distributes truck tonneau covers in Canada and the United States. The company offers soft cover (SC) and tough cover (TC) tonneau covers, including SC3, a tri-fold cover that seals around the truck bed with a rubber gasket designed to protect cargo from moisture and debris; SC3pro that allows the operator to open the cover by pulling a release cable; and TC3, a thick aluminum tri-cover panel with a honey-comb core coated in a durable black scratch-resistant powder coating. It is also developing TerraVis, a solar cover tonneau cover that gives rechargeable portable power to pickup truck owners. The company distributes its products through wholesalers and online retail channels. It serves private labels and original equipment manufacturers. Worksport Ltd. has a collaboration agreement with Greatcell Energy Pty Ltd. The company was formerly known as Franchise Holdings International, Inc. and changed its name to Worksport Ltd. in May 2020. Worksport Ltd. is based in Vaughan, Canada.
Price of WKSP
WKSP FAQ
When is WKSP's latest earnings report released?
The most recent financial report for Worksport ltd. (WKSP) covers the period of 2025Q2 and was published on 2025/06/30. This report is prepared according to IFRS/US GAAP standards and includes key financial indicators—Revenue, Profitability, Cash Flow, and Capital Structure. This information is essential for investors evaluating WKSP's short-term business performance and financial health. For the latest updates on WKSP's earnings releases, visit this page regularly.
What is the operating profit of WKSP?
According to the latest financial report, Worksport ltd. (WKSP) reported an Operating Profit of -3.62M with an Operating Margin of -88.18% this period, representing a growth of 7.07% compared to the same period last year. Operating Profit reflects the company's core business efficiency and cost control, making it a key indicator for evaluating operational strength and profitability.
How is WKSP's revenue growth?
In the latest financial report, Worksport ltd. (WKSP) announced revenue of 4.1M, with a Year-Over-Year growth rate of 113.63%. Revenue growth can be driven by product mix changes, market share expansion, price adjustments, or international market penetration. Investors should also monitor gross margin and regional revenue distribution for a comprehensive view of growth quality and sustainability.
How much debt does WKSP have?
As of the end of the reporting period, Worksport ltd. (WKSP) had total debt of 3.09M, with a debt ratio of 0.13. Long-term debt comprises a higher/lower proportion. The level of financial leverage directly impacts the company's capital structure and interest coverage. If debt is high, pay attention to interest expenses and refinancing risks. Conversely, a low-leverage structure indicates greater risk tolerance but potentially less growth flexibility.
How much cash does WKSP have?
At the end of the period, Worksport ltd. (WKSP) held Total Cash and Cash Equivalents of 1.39M, accounting for 0.06 of total assets. Both current and quick ratios indicate robust short-term debt repayment ability. High cash reserves typically mean the company has strong liquidity, supporting operational needs, expansion investments, or shareholder returns.
Does WKSP go with three margins increasing?
In the latest report, Worksport ltd. (WKSP) did not achieve the “three margins increasing” benchmark, with a gross margin of 26.4%%, operating margin of -88.18%%, and net margin of -91%%. This demonstrates limited improvement in profitability, which is a key signal for fundamental analysis. Investors should consider margin trends alongside other financial indicators to assess WKSP's profit trajectory and future growth potential.
Is WKSP's EPS continuing to grow?
According to the past four quarterly reports, Worksport ltd. (WKSP)'s earnings per share (EPS) shows a steady growth trend, with the latest EPS at -0.71. If EPS continues to rise due to revenue growth and cost optimization, it can support P/E valuation recovery and attract long-term investors.
What is the FCF of WKSP?
Worksport ltd. (WKSP)'s Free Cash Flow (FCF) for the period is -3.16M, calculated as Operating Cash Flow minus Capital Expenditures, representing a rise of 15.63% compared with the previous period. Positive FCF growth provides stable funding for dividends, debt repayment, or strategic acquisitions, and is an important measure of true profitability and shareholder return potential.