worksport ltd - WKSP

WKSP

Close Chg Chg %
0.50 -0.04 -7.87%

Closed Market

0.46

-0.04 (7.87%)

Volume: 448.54K

Last Updated:

Sep 10, 2026, 4:00 PM EDT

Company Overview: worksport ltd - WKSP

WKSP Key Data

Open

$0.52

Day Range

0.46 - 0.52

52 Week Range

0.47 - 3.90

Market Cap

$7.80M

Shares Outstanding

15.30M

Public Float

14.70M

Beta

0.27

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$2.34

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

9.46M

 

WKSP Performance

1 Week
 
-10.63%
 
1 Month
 
-28.29%
 
3 Months
 
-20.06%
 
1 Year
 
-85.82%
 
5 Years
 
-99.12%
 

WKSP Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

About worksport ltd - WKSP

Worksport Ltd. engages in the designing, development, manufacturing, and ownership of the intellectual property on a variety of tonneau covers, solar integrations, and non-parasitic, hydrogen-based green energy solutions. It assists businesses by acquiring investment capital for continued growth and expansion while providing business development and marketing strategies, and offers its services in the United States and Canada. The company was founded by Steven Rossi on April 2, 2003 and is headquartered in West Seneca, NY.

WKSP At a Glance

Worksport Ltd.
2500 North America Drive
West Seneca, New York 14224
Phone 1-888-554-8789 Revenue 16.10M
Industry Auto Parts: OEM Net Income -19,352,297.00
Sector Producer Manufacturing 2025 Sales Growth 89.781%
Fiscal Year-end 12 / 2026 Employees 122
View SEC Filings

WKSP Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.813
Price to Book Ratio 0.912
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -0.602
Enterprise Value to Sales 0.624
Total Debt to Enterprise Value 0.29

WKSP Efficiency

Revenue/Employee 131,981.459
Income Per Employee -158,625.385
Receivables Turnover 20.591
Total Asset Turnover 0.57

WKSP Liquidity

Current Ratio 2.496
Quick Ratio 1.079
Cash Ratio 0.884

WKSP Profitability

Gross Margin 27.791
Operating Margin -115.027
Pretax Margin -120.188
Net Margin -120.188
Return on Assets -68.494
Return on Equity -95.929
Return on Total Capital -74.888
Return on Invested Capital -83.045

WKSP Capital Structure

Total Debt to Total Equity 12.689
Total Debt to Total Capital 11.26
Total Debt to Total Assets 9.457
Long-Term Debt to Equity 4.841
Long-Term Debt to Total Capital 4.295
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Worksport Ltd - WKSP

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
116.50K 1.53M 8.48M 16.10M
Sales Growth
-61.65% +1,212.97% +454.67% +89.78%
Cost of Goods Sold (COGS) incl D&A
543.55K 1.29M 7.58M 11.63M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
486.58K 1.11M 1.75M 1.83M
Depreciation
484.07K 1.11M 1.37M 1.45M
Amortization of Intangibles
2.51K 2.45K 385.84K 385.84K
COGS Growth
+54.99% +137.17% +487.90% +53.41%
Gross Income
(427.05K) 240.51K 905.65K 4.47M
Gross Income Growth
-809.54% +156.32% +276.55% +394.11%
Gross Profit Margin
-366.56% +15.72% +10.67% +27.79%
2022 2023 2024 2025 5-year trend
SG&A Expense
12.36M 14.98M 16.39M 23.00M
Research & Development
- - 2.29M 1.54M
-
Other SG&A
12.36M 14.98M 14.10M 21.46M
SGA Growth
+63.17% +21.22% +9.39% +40.34%
Other Operating Expense
- - - -
-
Unusual Expense
- - - (302.33K)
-
EBIT after Unusual Expense
(12.48M) (14.74M) (15.48M) (18.52M)
Non Operating Income/Expense
436.13K 426.61K 43.02K (238.26K)
Non-Operating Interest Income
- 212.29K 239.35K 37.49K
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
488.70K 616.21K 726.10K 592.75K
Interest Expense Growth
+65.71% +26.09% +17.83% -18.36%
Gross Interest Expense
488.70K 616.21K 726.10K 592.75K
Interest Capitalized
- - - -
-
Pretax Income
(12.53M) (14.93M) (16.16M) (19.35M)
Pretax Income Growth
-58.72% -19.10% -8.27% -19.73%
Pretax Margin
-10,758.97% -975.98% -190.51% -120.19%
Income Tax
- - - -
-
Income Tax - Current - Domestic
- - - 4.20M
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - (2.56M)
-
Income Tax - Deferred - Foreign
- - - (1.64M)
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(12.53M) (14.93M) (16.16M) (19.35M)
Minority Interest Expense
- - - -
-
Net Income
(12.53M) (14.93M) (16.16M) (19.35M)
Net Income Growth
-58.72% -19.10% -8.27% -19.73%
Net Margin Growth
-10,758.97% -975.98% -190.51% -120.19%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(12.53M) (14.93M) (16.16M) (19.35M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(12.53M) (14.93M) (16.16M) (19.35M)
EPS (Basic)
-7.3393 -8.4392 -5.838 -3.1502
EPS (Basic) Growth
-6.92% -14.99% +30.82% +46.04%
Basic Shares Outstanding
1.71M 1.77M 2.77M 6.14M
EPS (Diluted)
-7.3393 -8.4392 -5.838 -3.1502
EPS (Diluted) Growth
-6.92% -14.99% +30.82% +46.04%
Diluted Shares Outstanding
1.71M 1.77M 2.77M 6.14M
EBITDA
(12.30M) (13.63M) (13.73M) (16.69M)
EBITDA Growth
-66.00% -10.83% -0.72% -21.56%
EBITDA Margin
-10,555.70% -891.04% -161.80% -103.63%

Snapshot

Average Recommendation BUY Average Target Price 2.00
Number of Ratings 1 Current Quarters Estimate -0.18
FY Report Date 09 / 2026 Current Year's Estimate -1.02
Last Quarter’s Earnings -0.33 Median PE on CY Estimate N/A
Year Ago Earnings -3.16 Next Fiscal Year Estimate -0.72
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 1 1 1 1
Mean Estimate -0.18 -0.11 -1.02 -0.72
High Estimates -0.18 -0.11 -1.02 -0.72
Low Estimate -0.18 -0.11 -1.02 -0.72
Coefficient of Variance N/A N/A N/A N/A

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 1 2
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Worksport Ltd in the News