Worksport Ltd. (WKSP)

NASDAQ: WKSP · IEX Real-Time Price · USD
0.637
0.00 (0.00%)
At close: May 17, 2024, 12:00 AM
0.655
+0.018 (2.78%)
Pre-market: May 20, 2024, 9:21 AM EDT
0.00%
Market Cap 16.86M
Revenue (ttm) 2.01M
Net Income (ttm) -15.12M
Shares Out 26.34M
EPS (ttm) -0.82
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 16,158
Open 0.640
Previous Close 0.637
Day's Range 0.600 - 0.660
52-Week Range 0.360 - 4.330
Beta 0.90
Analysts n/a
Price Target n/a
Earnings Date May 16, 2024

About WKSP

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 covers. It also offers energy products, such as Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station. It serves its products to automotive accessories, consumer electronics, and residenti... [Read more]

Industry Auto Parts
Founded 2003
Employees 70
Stock Exchange NASDAQ
Ticker Symbol WKSP
Full Company Profile

Financial Performance

In 2023, Worksport's revenue was $1.53 million, an increase of 1212.97% compared to the previous year's $116,502. Losses were -$14.93 million, 19.1% more than in 2022.

Financial Statements

News

Worksport Reports 1,506% Surge in Q1 Revenue, Announces Forward Guidance

West Seneca, New York--(Newsfile Corp. - May 16, 2024) - Worksport Ltd. (NASDAQ: WKSP), a key US-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding,...

4 days ago - Newsfile Corp

Worksport Announces $2.8 Million Grant from New York State; Plans Significant Growth & Innovation

West Seneca, New York--(Newsfile Corp. - May 8, 2024) - Worksport Ltd. (NASDAQ: WKSP), a leading U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlan...

12 days ago - Newsfile Corp

Worksport Announces Monumental Partnership to Tap $3 Billion Market

Chosen as Chief of Chaos' next big project, Worksport is partnering with the team behind the viral marketing of famous brands like Manscaped, Dollar Shave Club, Paramount+, Uber, and Instacart to plot...

18 days ago - Newsfile Corp

Worksport Signals Undervalued Status, Eyes Major 2024 Growth

West Seneca, New York--(Newsfile Corp. - April 25, 2024) - Worksport Ltd. (NASDAQ: WKSP) (NASDAQ: WKSPW), a U.S.-based manufacturer dedicated to developing innovative hybrid and clean energy solutions...

25 days ago - Newsfile Corp

WORKSPORT ANNOUNCES RECEIPT OF SOLAR PANELS REQUIRED TO BEGIN PRODUCTION OF HIGHLY ANTICIPATED SOLIS SOLAR TONNEAU COVER

West Seneca, New York, March 28, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP), an innovative automotive accessory manufacturer dedicated to developing clean energy solutions, is thrilled to ...

7 weeks ago - GlobeNewsWire

WORKSPORT ANNOUNCES PRICING OF APPROXIMATELY $2.8 MILLION REGISTERED DIRECT OFFERING & CONCURRENT PRIVATE PLACEMENT PRICED AT-THE-MARKET UNDER NASDAQ RULES

West Seneca, New York, March 18, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) is pleased to announce today that it has entered into a securities purchas...

2 months ago - GlobeNewsWire

Worksport to Advance Power Electronics with Gallium Nitride Semiconductors, improving on Silicone-Based Technology

Silicone-based semiconductors presently used by major chip manufactures such as NVIDIA present opportunities for innovation by Worksport.

2 months ago - GlobeNewsWire

Worksport Set to Launch Innovative SOLIS & COR System This Summer, Providing Options for Partnerships with Tesla, GM, and Ford.

West Seneca, New York, March 07, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP) (“Worksport” or the “Company”), a manufacturer of truck beds and solar-integrated tonneau covers for pickup truc...

2 months ago - GlobeNewsWire

Worksport Ltd. Announces Participation in the Centurion One Capital 7th Annual Growth Conference

Buffalo, New York--(Newsfile Corp. - February 28, 2024) - Worksport Ltd. (NASDAQ: WKSP), Worksport is on a mission to make a difference with its innovative off-grid energy solutions and made-in-North ...

2 months ago - Newsfile Corp

Worksport Ltd. Announces New Distribution Partnership with Dix Performance North to Expand Presence Across Canada

West Seneca, New York, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP) (“Worksport” or the “Company”) is proud to announce a new distribution partnership with Dix Performance North, Ca...

3 months ago - GlobeNewsWire

Worksport Announces SOLIS Solar Cover Availability for Ford F-150 Lightning, Pioneering Sustainable Off-Grid Energy Solutions for EV Pickup Trucks

West Seneca, New York, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP;) (“Worksport” or the “Company”) announces that it has commenced the initial planning phases for the development o...

3 months ago - GlobeNewsWire

Infineon and Worksport collaborate to reduce weight and cost of portable power stations with GaN

Munich, Germany and West Seneca, NY, USA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has announced a collaboration with Worksport Ltd. (Nasdaq: WKSP;). Worksp...

3 months ago - GlobeNewsWire

Worksport Announces Expansion of B2B Dealer Network and Upcoming Availability on Amazon, eBay, Walmart Marketplaces

West Seneca, New York, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) is excited to announce the expansion of its “B2B” (Business-to-Business) de...

4 months ago - GlobeNewsWire

Worksport Unveils AL3 PRO Hard-Folding Tonneau Cover - A Game-Changer in Pickup Truck Accessories - Proudly Made in the USA

West Seneca, New York, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) is excited to announce the launch of its first hard-folding tonneau cover, ...

4 months ago - GlobeNewsWire

Worksport Ltd. Advances Toward COR Alpha Release: Purchases All Inventory Parts For Alpha Release Production

West Seneca, New York, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) proudly announces that it has purchased the necessary inventory parts for t...

4 months ago - GlobeNewsWire

Worksport Ltd. Announces Second Soft Cover Factory and Increases Production in Buffalo, New York

West Seneca, New York, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) is announcing today plans to expand soft folding tonneau cover production t...

4 months ago - GlobeNewsWire

Worksport Announces Strategic Partnership with NeuronicWorks to Assemble COR Battery System for Alpha Release and Full Production

West Seneca, New York, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) is pleased to announce that it has formed a strategic partnership with Neur...

4 months ago - GlobeNewsWire

Terravis Energy Begins Testing Prototype Residential Heat Pump at State-of-the-Art Testing Facility

West Seneca, New York, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) is pleased to announce that its subsidiary, Terravis Energy, Inc. (“Terravi...

5 months ago - GlobeNewsWire

Worksport Expands Factory Production with Additional Assembly Line Producing Innovative Light Truck (Tonneau) Covers

Additional Production Line Needed to Meet Demand. Additional Factory Growth Planned in Short-Term.

5 months ago - GlobeNewsWire

Worksport Ltd. Wishes Employees and Investors a Happy Thanksgiving

West Seneca, New York, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) extends warm Thanksgiving wishes to its dedicated employees, valued investo...

6 months ago - GlobeNewsWire

Worksport Gears Up for Initial Alpha Release of its Pioneering COR Portable Energy Storage System

West Seneca, New York, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) proudly announces it is preparing for an alpha release of its highly antici...

7 months ago - GlobeNewsWire

Worksport Announces Pricing of Approximately $4.7 Million Registered Direct Offering & Concurrent Private Placement

West Seneca, New York, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) is pleased to announce today that it has entered into a securities purchase...

7 months ago - GlobeNewsWire

Worksport Presents Uniquely Configured Bed Cover Model for Canadian Automotive Store Chain Following Recent $16 Million Annual Sales Agreement with U.S Brand

West Seneca, New York, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) is pleased to announce that it has received interest from a leading Canada-...

7 months ago - GlobeNewsWire

Worksport Increases R&D for Terravis Energy Subsidiary's Heat Pump Project

West Seneca, New York, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) is pleased to announce that its subsidiary, Terravis Energy, Inc. (“Terravi...

7 months ago - GlobeNewsWire

Worksport Signs Long Term Agreement with Customer for US Factory Product and Expects US$16,000,000 in Annual Sales, Marking Significant Growth and Demand at NY Factory.

West Seneca, N.Y., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (“Worksport” or the “Company”) (Nasdaq: WKSP; WKSPW) announces it has secured a long-term supply agreement with an established, lea...

8 months ago - GlobeNewsWire