WKSP Stock Price, Worksport Ltd. Quote, Chart

Market Summary

USD0.50+0.09

Market Closed

21.95%

WKSP Stock Price

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WKSP RSI Chart

WKSP Valuation

Market Cap

9.9M

Price/Earnings (Trailing)

-0.66

Price/Sales (Trailing)

2.56

Price/Free Cashflow

-0.63

WKSP Price/Sales (Trailing)

WKSP Profitability

Return on Equity

-82.12%

Return on Assets

-57.52%

Free Cashflow Yield

-158.08%

WKSP Fundamentals

WKSP Revenue

Revenue (TTM)

3.9M

Rev. Growth (Yr)

-24.22%

Rev. Growth (Qtr)

76.94%

WKSP Earnings

Earnings (TTM)

-14.9M

Earnings Growth (Yr)

-5.54%

Earnings Growth (Qtr)

7.35%

Breaking Down WKSP Revenue

Last 7 days

7.9%

Last 30 days

-31.7%

Last 90 days

-69.8%

Trailing 12 Months

-76.6%

How does WKSP drawdown profile look like?

WKSP Financial Health

Current Ratio

1.27

Debt/Equity

0

Debt/Cashflow

-573.06

WKSP Investor Care

Shares Dilution (1Y)

40.45%

Diluted EPS (TTM)

-0.85

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	5.0M	4.6M	4.2M	3.9M
2022	2.9M	3.7M	4.6M	5.4M
2021	1.2M	2.0M	0	0
2020	1.5M	1.1M	741.2K	346.1K
2019	902.9K	1.3M	2.1M	1.9M
2018	504.8K	603.5K	518.0K	481.5K
2017	258.8K	324.3K	389.7K	455.2K
2016	3.1M	2.5M	1.6M	193.3K
2015	834.1K	1.6M	2.3M	3.1M
2014	372.7K	279.5K	186.4K	93.3K
2013	0	0	0	465.8K
2012	0	0	0	0
2011	0	0	0	0
2010	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Worksport Ltd.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 29, 2021	rossi steven f.	acquired	1,004,000	2.51	400,000	chief executive officer
Dec 29, 2021	rossi lorenzo	acquired	753,000	2.51	300,000	-
Aug 06, 2021	siegel ned l	acquired	82,500	5.5	15,000	-
Aug 06, 2021	caragol william j	acquired	82,500	5.5	15,000	-
Aug 06, 2021	loverock craig william	acquired	82,500	5.5	15,000	-
May 10, 2021	rossi steven f.	acquired	9,661,880	0.28	34,506,700	chief executive officer

Which funds bought or sold WKSP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	SIMPLEX TRADING, LLC	new	-	-	-	-%
Apr 24, 2024	Dakota Wealth Management	unchanged	-	-9,150	5,750	-%
Mar 11, 2024	VANGUARD GROUP INC	added	4.61	-77,902	224,301	-%
Feb 26, 2024	Privium Fund Management B.V.	reduced	-6.59	-13,817	39,879	0.01%
Feb 26, 2024	Virtu Financial LLC	new	-	18,000	18,000	-%
Feb 16, 2024	HARBOUR INVESTMENTS, INC.	unchanged	-	-30.00	75.00	-%
Feb 15, 2024	JANE STREET GROUP, LLC	sold off	-100	-29,646	-	-%
Feb 14, 2024	Murchinson Ltd.	sold off	-100	-80,171	-	-%
Feb 14, 2024	CITADEL ADVISORS LLC	added	60.5	6,275	51,484	-%
Feb 14, 2024	Royal Bank of Canada	unchanged	-	-	1,000	-%

Are Funds Buying or Selling WKSP?

Are funds buying WKSP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WKSP

No. of Funds

Unveiling Worksport Ltd.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 18, 2024	scoggin management lp	2.46%	5e+05	SC 13G
Feb 14, 2024	armistice capital, llc	9.99%	2,065,892	SC 13G
Jul 14, 2023	van de wiel wesley	9.7%	1,775,000	SC 13G

Recent SEC filings of Worksport Ltd.

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	8-K	Current Report
Apr 23, 2024	8-K	Current Report
Apr 08, 2024	EFFECT	EFFECT
Apr 08, 2024	DEF 14C	DEF 14C
Apr 02, 2024	S-1	Initial Public Offering
Mar 29, 2024	D	D
Mar 28, 2024	10-K	Annual Report
Mar 28, 2024	PRE 14C	PRE 14C
Mar 20, 2024	8-K	Current Report
Mar 19, 2024	424B5	Prospectus Filed

Peers (Alternatives to Worksport Ltd.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	468.9B	94.7B	-4.14%	10.77%	34.45	4.95	10.12%	15.85%
GM	52.1B	174.9B	3.68%	41.59%	4.86	0.3	8.79%	14.11%
F	51.9B	177.5B	4.90%	13.08%	13.2	0.29	7.54%	33.01%
APTV	19.6B	20.1B	-8.45%	-31.83%	6.66	0.98	14.65%	394.61%
KMX	10.9B	26.5B	-19.32%	1.86%	22.72	0.41	-10.61%	-1.15%
MID-CAP
BWA	7.5B	15.0B	-2.44%	-31.87%	12.07	0.5	12.05%	-33.79%
ALSN	7.0B	3.0B	0.38%	76.73%	10.4	2.31	9.61%	26.74%
ABG	4.4B	14.8B	-3.76%	16.69%	7.35	0.3	-4.09%	-39.59%
GT	3.3B	20.1B	-10.25%	14.33%	-4.84	0.17	-3.55%	-440.59%
ADNT	2.7B	15.4B	-7.87%	-20.20%	12.6	0.17	7.09%	494.44%
SMALL-CAP
BLBD	1.1B	1.2B	-7.29%	93.29%	17.86	0.9	33.91%	215.64%
AXL	871.0M	6.1B	5.53%	6.13%	-25.92	0.14	4.78%	-152.26%
CAAS	107.8M	576.4M	9.85%	-17.93%	2.86	0.19	8.84%	77.79%
WKHS	50.4M	13.1M	-27.27%	-82.30%	-0.41	3.85	160.69%	-5.67%
AYRO	7.2M	498.9K	-12.05%	160.71%	-0.21	14.45	-83.32%	-48.94%

Worksport Ltd. News

Latest updates

Worksport Ltd. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	76.9%	954	539	1,491	1,375	1,259	859	1,814	1,112	410	267	123	116	119	370	620	870	517	572	181	6.00	143
Gross Profit	2.7%	92.00	90.00	47.00	12.00	41.00	6.00	3.00	10.00	49.00	-52.57	4.00	22.00	7.00	14.00	-247	202	145	139	102	-48.32	32.00
Operating Expenses	-9.2%	3,641	4,009	3,785	3,542	3,766	2,949	3,312	2,808	851	949	361	393	140	138	242	174	134	227	562	246	309
S&GA Expenses	-97.6%	9.00	381	549	544	493	586	646	720	165	163	78.00	59.00	8.00	3.00	-12.01	12.00	23.00	27.00	47.00	3.00	7.00
Interest Expenses	31.2%	149	114	188	165	171	112	180	25.00	18.00	231	109	190	59.00	28.00	12.00	8.00	12.00	39.00	21.00	8.00	20.00
Income Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	7.4%	-3,658	-3,949	-3,797	-3,523	-3,466	-2,877	-3,372	-2,817	-811	-1,223	-238	-604	-192	-152	-501	270	-1.75	-126	-481	-302	-288
Net Income Margin	22.6%	-3.87*	-5.01*	-6.72*	-11.79*	-58.74*	-37.17*	-34.82*	-27.42*	-8.32*	-6.53*	-3.43*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-31.6%	-3,980	-3,025	-4,594	-4,021	-2,451	-2,479	-11,350	-2,744	-662	-626	-312	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	5.4%	25,954	24,621	26,991	30,096	32,764	35,719	38,217	33,961	36,294	38,604	14,416	10,210	1,902	1,132	743	682	481	848	603	603	557
Current Assets	15.6%	9,124	7,894	10,455	14,705	18,332	22,096	25,653	30,846	34,032	36,763	13,120	9,812	1,685	908	519	452	254	653	546	547	501
Cash Equivalents	13.5%	3,366	2,966	5,902	10,489	14,621	16,724	19,137	25,809	28,567	29,003	12,267	9,312	1,108	467	21.00	11.00	12.00	179	130	22.00	25.00
Inventory	2.2%	3,631	3,552	2,880	1,604	1,346	1,287	1,103	792	502	56.00	73.00	116	41.00	69.00	53.00	96.00	113	198	286	165	290
Net PPE	1.1%	14,483	14,329	14,037	12,793	11,901	11,258	10,238	1,899	1,129	801	341	209	92.00	92.00	93.00	94.00	95.00	72.00	44.00	43.00	44.00
Liabilities	-5.3%	7,775	8,207	7,594	8,513	8,646	8,790	8,810	2,059	2,114	2,096	1,884	1,382	1,733	1,576	1,525	1,410	1,364	1,267	-	-	781
Current Liabilities	-5.3%	7,167	7,564	6,901	2,433	2,462	2,505	2,425	1,795	1,797	1,728	1,463	1,374	1,718	1,555	1,453	1,364	1,325	1,225	945	914	781
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21.00	27.00	33.00	39.00	42.00	-	-	-
Shareholder's Equity	10.7%	18,179	16,414	19,397	21,583	24,118	26,929	29,408	31,902	34,180	36,508	12,532	8,828	169	-	-	5.00	-	8,231	8,309	-	-
Retained Earnings	-8.2%	-48,313	-44,654	-40,704	-36,907	-33,384	-29,917	-27,039	-23,667	-20,849	-17,052	-14,901	-14,089	-12,866	-12,627	-12,022	-10,961	-11,678	-10,212	-10,482	-10,480	-10,354
Additional Paid-In Capital	8.8%	64,686	59,463	58,616	57,276	56,920	56,565	55,956	55,213	54,608	53,280	26,609	22,539	12,666	11,280	9,996	9,061	8,642	8,231	8,309	8,257	8,104
Accumulated Depreciation	-	1,665	-	-	-	557	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	16.5%	20,321	17,437	17,414	17,159	17,159	17,059	17,041	17,001	16,951	16,829	11,148	8,821	3,821	-	-	-	-	-	-	-	-
Float	-	-	-	35,689	-	-	-	26,650	-	-	-	89,928	-	-	-	2,866	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-71.7%	-3,736	-2,175	-3,084	-2,934	-1,616	-1,318	-2,912	-2,130	-2,093	-1,086	-524	-506	-312	-152	-48.52	-181	-287	185	138	-38.54	-334
Share Based Compensation	-12.2%	1,043	1,188	2,070	1,454	1,131	997	1,547	1,225	2,081	733	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	71.3%	-243	-849	-1,509	-1,153	-938	-1,160	-8,437	-614	-367	-477	-161	-124	-	-7.96	1*	-8.76	-24.24	-98.61	-	-	-
Cashflow From Financing	4854.6%	4,380	88.00	7.00	-43.90	-103	-	5,288	-1.86	108	20,218	3,641	8,836	953	607	59.00	189	107	-15.08	-263*	26.00	124

WKSP Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net Sales	$ 1,529,632	$ 116,502
Cost of Goods Sold	1,289,118	56,967
Gross Profit	240,514	59,535
Operating Expenses
General and administrative	9,643,680	4,978,582
Sales and marketing	1,483,054	2,446,266
Professional fees	3,853,134	5,418,863
Gain on foreign exchange	(2,693)	(10,461)
Total operating expenses	14,977,175	12,833,250
Loss from operations	(14,736,661)	(12,773,715)
Other Income (Expense)
Interest expense	(616,214)	(488,704)
Interest income	239,353	212,290
Rental income (note 20)	184,564	213,383
Gain on settlement of debt		302,332
Total other income (expense)	(192,297)	239,301
Net Loss	$ (14,928,958)	$ (12,534,414)
Loss per Share basic	$ (0.84)	$ (0.73)
Loss per Share diluted	$ (0.84)	$ (0.73)
Weighted Average Number of Shares basic	17,689,911	17,078,480
Weighted Average Number of Shares diluted	17,689,911	17,078,480

WKSP Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 3,365,778	$ 14,620,757
Accounts receivable, net	463,122	62,601
Other receivable	165,865	268,032
Inventory (note 5)	3,631,492	1,346,372
Prepaid expenses and deposits (note 8)	1,497,249	2,034,345
Total Current Assets	9,123,506	18,332,107
Investment (note 14)	90,731	24,423
Property and Equipment, net (note 6)	14,483,436	11,900,672
Right-of-use asset, net (note 15)	917,354	1,238,055
Intangible Assets, net (note 7)	1,338,889	1,268,873
Total Assets	25,953,916	32,764,130
Current Liabilities
Accounts payable and accrued liabilities	1,451,181	2,028,305
Payroll taxes payable	85,010
Loan payable (note 16)	5,300,000
Current lease liability (note 15)	328,229	387,329
Total Current Liabilities	7,166,612	2,461,730
Long Term – Lease Liability (note 15)	608,761	884,146
Loan payable (note 16)		5,300,000
Total Liabilities	7,775,373	8,645,876
Shareholders’ Equity
Series A & B Preferred Stock, $0.0001 par value, 100,100 shares authorized, 100 Series A and 0 Series B issued and outstanding, respectively (note 9)
Common stock, $0.0001 par value, 299,000,000 shares authorized, 20,320,503 and 17,159,376 shares issued and outstanding, respectively (note 9)	2,032	1,716
Additional paid-in capital	64,685,693	56,919,625
Share subscriptions receivable	(1,577)	(1,577)
Share subscriptions payable	1,814,152	591,289
Accumulated deficit	(48,313,177)	(33,384,219)
Cumulative translation adjustment	(8,580)	(8,580)
Total Shareholders’ Equity	18,178,543	24,118,254
Total Liabilities and Shareholders’ Equity	25,953,916	32,764,130
Related Party [Member]
Current Liabilities
Related party loan (note 10)	$ 2,192	$ 46,096

About Worksport Ltd.

Worksport Ltd., through its subsidiary, designs and distributes truck tonneau covers in Canada and the United States. 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 flush-mounted, and top-mounted folding tonneau covers. It also offers Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station. The company also sells its products through online retail channels. 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 West Seneca, New York.

CEO	Mr. Steven F. Rossi
WEBSITE	worksport.com
INDUSTRY	Autos
EMPLOYEES	21

Worksport Ltd. Frequently Asked Questions

What is the ticker symbol for Worksport Ltd.? What does WKSP stand for in stocks?

WKSP is the stock ticker symbol of Worksport Ltd.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Worksport Ltd. (WKSP)?

As of Thu Apr 25 2024, market cap of Worksport Ltd. is 9.88 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WKSP stock?

You can check WKSP's fair value in chart for subscribers.

What is the fair value of WKSP stock?

You can check WKSP's fair value in chart for subscribers. The fair value of Worksport Ltd. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Worksport Ltd. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WKSP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Worksport Ltd. a good stock to buy?

The fair value guage provides a quick view whether WKSP is over valued or under valued. Whether Worksport Ltd. is cheap or expensive depends on the assumptions which impact Worksport Ltd.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WKSP.

What is Worksport Ltd.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, WKSP's PE ratio (Price to Earnings) is -0.66 and Price to Sales (PS) ratio is 2.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WKSP PE ratio will change depending on the future growth rate expectations of investors.