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Worksport Ltd.(WKSP)Earnings, Financials & Key Ratios
WKSP•NASDAQ
Price updated Jun 19, 2026
AboutWorksport 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.Show more
- Revenue$16M+89.8%
- EBITDA-$17M-21.7%
- Net Income-$19M-19.7%
- EPS (Diluted)-2.49-4.6%
- Gross Margin27.79%+160.4%
- EBITDA Margin-103.63%+35.9%
- Operating Margin-115.03%+36.9%
- Net Margin-120.19%+36.9%
- ROE-95.93%-5.6%
WKSP Key Insights
Worksport Ltd. (WKSP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y sales CAGR of 115.5%
- ✓Trading at only 0.3x book value
✗Weaknesses
- ✗Profits declining 74.7% over 5 years
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 5 (bottom 5%)
- ✗Shares diluted 14.6% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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WKSP Price & Volume
Worksport Ltd. (WKSP) stock price & volume — 10-year historical chart
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WKSP Growth Metrics
Worksport Ltd. (WKSP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years37.81%
5 Years115.54%
3 Years417.03%
TTM68.18%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-22.54%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-6.79%
Return on Capital
10 Years-368.66%
5 Years-59.47%
3 Years-71.44%
Last Year-79.48%
WKSP Recent Earnings
Worksport Ltd. (WKSP) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (17%)●Beat Revenue 3/12 qtrs (27%)
Q2 2026Latest
May 13, 2026Metric
Actual
Est
EPS
$0.54-5.9%
$0.51
Rev
$3M-37.8%
$5M
Q2 2026
Mar 26, 2026Metric
Actual
Est
EPS
$0.72-30.9%
$0.55
Rev
$5M-1.6%
$5M
Q4 2025
Nov 13, 2025Metric
Actual
Est
EPS
$0.75-2.7%
$0.73
Rev
$5M-54.0%
$11M
Q3 2025
Aug 13, 2025Metric
Actual
Est
EPS
$0.71+6.6%
$0.76
Rev
$4M-29.9%
$6M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 13, 2026 | $0.54vs $0.51-5.9% | $3Mvs $5M-37.8% |
| Q2 2026 | Mar 26, 2026 | $0.72vs $0.55-30.9% | $5Mvs $5M-1.6% |
| Q4 2025 | Nov 13, 2025 | $0.75vs $0.73-2.7% | $5Mvs $11M-54.0% |
| Q3 2025 | Aug 13, 2025 | $0.71vs $0.76+6.6% | $4Mvs $6M-29.9% |
Based on last 12 quarters of dataView full earnings history →
WKSP Peer Comparison
Worksport Ltd. (WKSP) competitors in Aftermarket Parts and Accessories — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ATXG | 2.72M | 4.71 | -0.37 | -18.88% | -201.97% | -31.72% | 1.03 | |
 TYGO | 211.79M | 2.79 | -93 | 91.68% | 3.07% | 16.4% | 0.10 | |
 NXRT | 684.45M | 26.97 | -21.40 | -3.24% | -12.67% | -10.13% | 5.18 | |
 XPEL | 1.25B | 45.45 | 24.57 | 13.27% | 10.82% | 19.14% | 0.08 | |
 LKQ | 6.58B | 25.80 | 10.98 | -3.06% | 3.71% | 7.9% | 0.77 | |
 MPAA | 290.69M | 15.36 | 24.77 | 4.28% | 1.57% | 4.75% | 0.75 | |
 THRM | 1.1B | 35.93 | 59.88 | 2.64% | 1.47% | 3.17% | 0.41 | |
 F | 55.02B | 14.04 | -6.82 | 1.23% | -3.22% | -14.71% | 4.66 |
Compare WKSP vs Peers
Worksport Ltd. (WKSP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WKSP Income Statement
Worksport Ltd. (WKSP) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 408.7K | 481.52K | 1.93M | 346.14K | 303.75K | 116.5K | 1.53M | 8.48M | 16.1M | 17.17M |
Revenue Growth % | 13.18% | 17.82% | 300.07% | -82.03% | -12.25% | -61.65% | 1212.97% | 454.67% | 89.78% | 68.18% |
Cost of Goods Sold | 231.77K | 384.91K | 1.69M | 299K | 350.7K | 56.97K | 1.29M | 7.58M | 11.63M | 12.24M |
COGS % of Revenue | 56.71% | 79.94% | 87.62% | 86.38% | 115.46% | 48.9% | 84.28% | 89.33% | 72.21% | - |
Gross Profit | 176.93K▲ 0% | 96.61K▼ 45.4% | 238.55K▲ 146.9% | 47.15K▼ 80.2% | -46.95K▼ 199.6% | 59.53K▲ 226.8% | 240.51K▲ 304.0% | 905.65K▲ 276.5% | 4.47M▲ 394.1% | 4.93M▲ 0% |
Gross Margin % | 43.29% | 20.06% | 12.38% | 13.62% | -15.46% | 51.1% | 15.72% | 10.67% | 27.79% | 28.72% |
Gross Profit Growth % | 553.77% | -45.39% | 146.91% | -80.24% | -199.58% | 226.8% | 303.99% | 276.55% | 394.11% | - |
Operating Expenses | 1.95M | 1.31M | 776.4K | 1.03M | 7.51M | 12.83M | 14.98M | 16.37M | 23M | 24.94M |
OpEx % of Revenue | 477.8% | 271.59% | 40.3% | 298.54% | 2474% | 11015.48% | 979.14% | 192.96% | 142.82% | - |
Selling, General & Admin | 1.95M | 1.22M | 859.85K | 1.03M | 7.51M | 12.84M | 13.31M | 14.1M | 21.75M | 23.85M |
SG&A % of Revenue | 477.8% | 254.08% | 44.64% | 297.45% | 2472.63% | 11024.46% | 870.18% | 166.15% | 135.1% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 1.67M | 2.29M | 1.54M | 1.37M |
R&D % of Revenue | - | - | - | - | - | - | 109.13% | 26.99% | 9.56% | - |
Other Operating Expenses | 0 | 84.31K | -83.45K | 3.8K | 4.17K | -10.46K | -2.69K | -14.88K | -296.73K | -278.23K |
Operating Income | -1.78M▲ 0% | -1.21M▲ 32.0% | -537.85K▲ 55.6% | -986.24K▼ 83.4% | -7.56M▼ 666.7% | -12.77M▼ 68.9% | -14.74M▼ 15.4% | -15.47M▼ 4.9% | -18.52M▼ 19.8% | -20.01M▲ 0% |
Operating Margin % | -435.65% | -251.52% | -27.92% | -284.92% | -2489.46% | -10964.37% | -963.41% | -182.29% | -115.03% | -116.52% |
Operating Income Growth % | -391.55% | 31.98% | 55.59% | -83.37% | -666.72% | -68.93% | -15.37% | -4.95% | -19.76% | - |
EBITDA | -1.78M | -1.21M | -526.41K | -959.28K | -7.49M | -12.29M | -13.63M | -13.71M | -16.69M | -19.09M |
EBITDA Margin % | -435.33% | -251.21% | -27.33% | -277.13% | -2467.44% | -10546.71% | -890.86% | -161.62% | -103.63% | -111.14% |
EBITDA Growth % | -392.55% | 32.01% | 56.48% | -82.23% | -681.3% | -63.94% | -10.9% | -0.63% | -21.69% | -33.78% |
D&A (Non-Cash Add-back) | 1.29K | 1.52K | 11.44K | 26.96K | 66.88K | 486.58K | 1.11M | 1.75M | 1.83M | 918.69K |
EBIT | -3.39M | -1.71M | -287.07K | -801.37K | -7.6M | -12.05M | -14.31M | -15.44M | -18.52M | -19.97M |
Net Interest Income | -170.12K | -55.97K | -71.96K | -386.25K | -291.23K | -276.41K | -376.86K | -688.6K | -592.75K | -313.07K |
Interest Income | 0 | 0 | 0 | 0 | 3.69K | 212.29K | 239.35K | 37.49K | 0 | 14.28K |
Interest Expense | 170.12K | 55.97K | 71.96K | 386.25K | 294.92K | 488.7K | 616.21K | 726.1K | 592.75K | 327.35K |
Other Income/Expense | -1.62M | -551.91K | 178.82K | -201.38K | -335.35K | 239.3K | -192.3K | -697.96K | -831.01K | -708.97K |
Pretax Income | -3.4M▲ 0% | -1.76M▲ 48.2% | -359.03K▲ 79.6% | -1.19M▼ 230.8% | -7.9M▼ 565.0% | -12.53M▼ 58.7% | -14.93M▼ 19.1% | -16.16M▼ 8.3% | -19.35M▼ 19.7% | -20.72M▲ 0% |
Pretax Margin % | -832.66% | -366.14% | -18.64% | -343.1% | -2599.86% | -10758.97% | -975.98% | -190.51% | -120.19% | -120.65% |
Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Net Income | -3.4M▲ 0% | -1.76M▲ 48.2% | -359.03K▲ 79.6% | -1.19M▼ 230.8% | -7.9M▼ 565.0% | -12.53M▼ 58.7% | -14.93M▼ 19.1% | -16.16M▼ 8.3% | -19.35M▼ 19.7% | -20.72M▲ 0% |
Net Margin % | -832.66% | -366.14% | -18.64% | -343.1% | -2599.86% | -10758.97% | -975.98% | -190.51% | -120.19% | -120.65% |
Net Income Growth % | -199.51% | 48.19% | 79.64% | -230.78% | -564.95% | -58.72% | -19.1% | -8.27% | -19.73% | -22.54% |
Net Income (Continuing) | -3.4M | -1.76M | -359.03K | -1.19M | -7.9M | -12.53M | -14.93M | -16.16M | -19.35M | -20.72M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -3.33▲ 0% | -1.58▲ 52.6% | -0.19▲ 88.0% | -0.43▼ 126.3% | -0.69▼ 60.5% | -1.26▼ 82.6% | -1.50▼ 19.0% | -2.38▼ 58.7% | -2.49▼ 4.6% | -1.92▲ 0% |
EPS Growth % | -64.04% | 52.55% | 87.97% | -126.32% | -60.47% | -82.61% | -19.05% | -58.67% | -4.62% | -6.79% |
EPS (Basic) | -3.34 | -1.58 | -0.19 | -0.43 | -0.69 | -1.74 | -2.07 | -5.84 | -3.15 | - |
Diluted Shares Outstanding | 1.02M | 1.12M | 1.84M | 2.73M | 11.5M | 9.98M | 9.98M | 6.79M | 7.78M | 10.78M |
Basic Shares Outstanding | 1.02M | 1.12M | 1.84M | 2.73M | 11.5M | 7.22M | 7.22M | 2.77M | 6.14M | 10.78M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
WKSP Balance Sheet
Worksport Ltd. (WKSP) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 712.83K | 500.83K | 253.69K | 1.68M | 34.03M | 18.33M | 9.12M | 10.48M | 16.79M | 13.47M |
Cash & Short-Term Investments | 66.96K | 25.32K | 11.99K | 1.12M | 28.57M | 15.32M | 4.86M | 4.88M | 5.95M | 566.58K |
Cash Only | 66.96K | 25.32K | 11.99K | 1.11M | 28.57M | 14.62M | 3.37M | 4.88M | 5.95M | 566.58K |
Short-Term Investments | 0 | 0 | 0 | 14.51K | 0 | 699.76K | 1.49M | 0 | 0 | 0 |
Accounts Receivable | 189.5K | 61.88K | 67.8K | 122.79K | 247.41K | 330.63K | 628.99K | 212.32K | 782K | 770.51K |
Days Sales Outstanding | 169.24 | 46.91 | 12.85 | 129.48 | 297.29 | 1.04K | 150.09 | 9.13 | 17.73 | 14.88 |
Inventory | 44.63K | 289.52K | 113.16K | 40.8K | 501.77K | 1.35M | 3.63M | 5.19M | 9.53M | 11.62M |
Days Inventory Outstanding | 70.29 | 274.54 | 24.47 | 49.81 | 522.23 | 8.63K | 1.03K | 249.96 | 299.2 | 252.47 |
Other Current Assets | 0 | 0 | 0 | 167.84K | 0 | 0 | 0 | 90.51K | 203.52K | 139.73K |
Total Non-Current Assets | 192.64K | 56.53K | 227.62K | 217.39K | 2.26M | 14.43M | 16.83M | 15.26M | 13.98M | 14.41M |
Property, Plant & Equipment | 43.08K | 43.86K | 154.82K | 130.02K | 1.64M | 13.14M | 15.4M | 14.24M | 12.96M | 13.59M |
Fixed Asset Turnover | 9.49x | 10.98x | 12.44x | 2.66x | 0.18x | 0.01x | 0.10x | 0.60x | 1.24x | 1.27x |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 13.1K | 12.67K | 57.15K | 62.95K | 593.05K | 1.27M | 1.34M | 953.05K | 896.53K | 757.81K |
Long-Term Investments | 10.76K | 1.58K | 15.66K | 24.42K | 26K | 24.42K | 90.73K | 66.31K | 122.72K | 949.08K |
Other Non-Current Assets | 136.47K | -1.58K | 15.66K | 0 | 22.85K | 24.42K | 0 | 0 | 0 | 0 |
Total Assets | 905.47K▲ 0% | 557.37K▼ 38.4% | 481.31K▼ 13.6% | 1.9M▲ 295.2% | 36.29M▲ 1808.1% | 32.76M▼ 9.7% | 25.95M▼ 20.8% | 25.74M▼ 0.8% | 30.77M▲ 19.6% | 27.88M▲ 0% |
Asset Turnover | 0.45x | 0.86x | 4.00x | 0.18x | 0.01x | 0.00x | 0.06x | 0.33x | 0.52x | 0.63x |
Asset Growth % | 168.89% | -38.44% | -13.65% | 295.2% | 1808.05% | -9.73% | -20.79% | -0.84% | 19.56% | 21.38% |
Total Current Liabilities | 533.94K | 780.93K | 1.32M | 1.72M | 1.8M | 2.46M | 7.17M | 3.17M | 6.73M | 6.89M |
Accounts Payable | 230.77K | 401.77K | 969.32K | 891.9K | 1.14M | 2.03M | 1.26M | 1.53M | 3.11M | 2.84M |
Days Payables Outstanding | 363.42 | 380.99 | 209.62 | 1.09K | 1.19K | 13K | 356.84 | 73.52 | 97.54 | 80.04 |
Short-Term Debt | 298.06K | 296.8K | 296.52K | 674.29K | 327.14K | 46.1K | 5.3M | 222.99K | 1.8M | 2.65M |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 0 | 82.36K | 36.84K | 1 | 112.19K | 0 | 190.9K | 377.11K | 1.4M | 1.02M |
Current Ratio | 1.34x | 0.64x | 0.19x | 0.98x | 18.94x | 7.45x | 1.27x | 3.30x | 2.50x | 1.95x |
Quick Ratio | 1.25x | 0.27x | 0.11x | 0.96x | 18.66x | 6.90x | 0.77x | 1.67x | 1.08x | 0.27x |
Cash Conversion Cycle | -123.89 | -59.54 | -172.3 | -909.5 | -371.67 | -3.33K | 821.47 | 185.57 | 219.38 | 187.31 |
Total Non-Current Liabilities | 528.83K | 698.56K | 39.19K | 14.62K | 316.99K | 6.18M | 608.76K | 5.15M | 1.11M | 1.01M |
Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 5.3M | 0 | 4.78M | 950.48K | 884.26K |
Capital Lease Obligations | 0 | 0 | 39.19K | 14.62K | 316.99K | 884.15K | 608.76K | 368.47K | 159.53K | 914.78K |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Liabilities | 533.94K | 780.93K | 1.36M | 1.73M | 2.11M | 8.65M | 7.78M | 8.32M | 7.84M | 7.9M |
Total Debt | 298.06K | 296.8K | 357.7K | 712.79K | 857.06K | 6.62M | 6.24M | 5.62M | 2.91M | 3.66M |
Net Debt | 231.09K | 271.47K | 345.71K | -395.02K | -27.71M | -8M | 2.87M | 735.9K | -3.04M | 3.09M |
Debt / Equity | 0.80x | - | - | 4.21x | 0.03x | 0.27x | 0.34x | 0.32x | 0.13x | 0.18x |
Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.19x |
Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.16x |
Interest Coverage | -19.93x | -30.51x | -3.99x | -2.07x | -25.78x | -24.65x | -23.23x | -21.26x | -31.25x | -61.02x |
Total Equity | 371.53K▲ 0% | -223.56K▼ 160.2% | -882.56K▼ 294.8% | 169.47K▲ 119.2% | 34.18M▲ 20068.4% | 24.12M▼ 29.4% | 18.18M▼ 24.6% | 17.41M▼ 4.2% | 22.93M▲ 31.7% | 19.98M▲ 0% |
Equity Growth % | 136.97% | -160.17% | -294.78% | 119.2% | 20068.36% | -29.44% | -24.63% | -4.21% | 31.69% | 45.41% |
Book Value per Share | 0.36 | -0.20 | -0.48 | 0.06 | 2.97 | 2.42 | 1.82 | 2.56 | 2.95 | 1.85 |
Total Shareholders' Equity | 371.53K | -223.56K | -882.56K | 169.47K | 34.18M | 24.12M | 18.18M | 17.41M | 22.93M | 19.98M |
Common Stock | 12.23K | 2.46K | 4.19K | 382 | 1.7K | 1.72K | 2.03K | 4.02K | 9.81K | 11.93K |
Retained Earnings | -8.59M | -10.35M | -11.68M | -12.87M | -20.85M | -33.38M | -48.31M | -64.48M | -83.87M | -89.73M |
Treasury Stock | -10.19K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -44.38K | -3.61K | 2.15M | 369.27K | -8.58K | -8.58K | 1.8M | -8.58K | 5.44M | 2.16M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
WKSP Cash Flow Statement
Worksport Ltd. (WKSP) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | -194.94K | -379.28K | -13.25K | -726.3K | -4.05M | -7.98M | -11.93M | -10.14M | -17.31M | -21.71M |
Operating CF Margin % | -47.7% | -78.77% | -0.69% | -209.83% | -1332.25% | -6847.92% | -779.96% | -119.5% | -107.53% | - |
Operating CF Growth % | 17.75% | -94.56% | 96.51% | -5380.28% | -457.17% | -97.15% | -49.54% | 15.02% | -70.77% | -457.46% |
Net Income | -3.4M | -1.76M | -414.61K | -1.19M | -7.9M | -12.53M | -14.93M | -16.16M | -19.35M | -20.72M |
Depreciation & Amortization | 1.29K | 1.52K | 11.44K | 26.96K | 211.74K | 486.58K | 1.11M | 1.75M | 1.83M | 1.82M |
Stock-Based Compensation | 1.47M | 0 | 0 | 415.67K | 3.92M | 4.9M | 5.75M | 0 | 0 | 0 |
Deferred Taxes | 0 | 0 | 0 | -415.67K | -3.92M | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 1.56M | 505.12K | -140.91K | 635.64K | 4.25M | -264.18K | -13.78K | 2.97M | 3.27M | 3.41M |
Working Capital Changes | 178.97K | 877.12K | 530.83K | -201.28K | -612.77K | -565.38K | -3.85M | 1.3M | -3.07M | -6.21M |
Change in Receivables | -108.36K | 127.62K | -5.91K | -119.81K | -2.23K | 83 | -400.52K | 383.7K | -569.68K | -505.82K |
Change in Inventory | 14.66K | -225.2K | 122.07K | 72.35K | -460.97K | -844.6K | -2.29M | -1.56M | -4.34M | -5.85M |
Change in Payables | 104.46K | 343.05K | 405.21K | -59.28K | 187.51K | 995.34K | -577.12K | 1.17M | 2.18M | -781.78K |
Cash from Investing | -4.87K | -1.87K | -114.01K | -16.73K | -1.13M | -11.15M | -3.76M | -528.24K | -1.12M | -764.8K |
Capital Expenditures | -4.87K | -1.87K | -98.35K | -7.96K | -1.13M | -11.15M | -3.69M | -528.24K | -789.46K | -644.88K |
CapEx % of Revenue | 1.19% | 0.39% | 5.11% | 2.3% | 372.59% | 9571.32% | 241.24% | 6.23% | 4.9% | 3.75% |
Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | -66.31K | 0 | -330.04K | -176.29K |
Cash from Financing | 307.38K | 298.74K | 117.84K | 1.81M | 32.64M | 5.18M | 4.43M | 12.18M | 19.5M | 17.96M |
Debt Issued (Net) | 167.62K | 9.8K | 68.58K | 630.19K | -62.91K | 5.18M | -43.9K | -298.19K | -2.37M | 479.88K |
Equity Issued (Net) | 139.76K | 300K | 30K | 1.26M | 24.4M | 0 | 4.48M | 8.74M | 21.86M | 17.38M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27.39K |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Financing | 0 | -11.06K | 19.27K | -80.15K | 8.3M | 0 | 0 | 3.75M | 0 | 131.93K |
Net Change in Cash | 66.96K▲ 0% | -41.64K▼ 162.2% | -13.33K▲ 68.0% | 1.1M▲ 8320.7% | 27.46M▲ 2405.8% | -13.95M▼ 150.8% | -11.25M▲ 19.3% | 1.52M▲ 113.5% | 1.06M▼ 30.0% | -4.51M▲ 0% |
Free Cash Flow | -199.82K▲ 0% | -381.15K▼ 90.8% | -111.61K▲ 70.7% | -734.27K▼ 557.9% | -5.18M▼ 605.3% | -19.13M▼ 269.4% | -15.62M▲ 18.3% | -10.67M▲ 31.7% | -18.1M▼ 69.7% | -22.52M▲ 0% |
FCF Margin % | -48.89% | -79.16% | -5.79% | -212.13% | -1704.84% | -16419.23% | -1021.2% | -125.73% | -112.43% | -131.13% |
FCF Growth % | 16.89% | -90.75% | 70.72% | -557.91% | -605.25% | -269.39% | 18.34% | 31.71% | -69.72% | -88.34% |
FCF per Share | -0.20 | -0.34 | -0.06 | -0.27 | -0.45 | -1.92 | -1.56 | -1.57 | -2.33 | -2.09 |
FCF Conversion (FCF/Net Income) | 0.06x | 0.22x | 0.04x | 0.61x | 0.51x | 0.64x | 0.80x | 0.63x | 0.89x | 1.09x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 161K |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
WKSP Key Ratios
Worksport Ltd. (WKSP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | -915.97% | -2382.95% | - | -700.76% | -45.98% | -43% | -70.59% | -90.83% | -95.93% | -102.93% |
Return on Invested Capital (ROIC) | - | -279.26% | - | - | -181.64% | -84.84% | -59.47% | -59.18% | -73.02% | -73.57% |
Gross Margin | 43.29% | 20.06% | 12.38% | 13.62% | -15.46% | 51.1% | 15.72% | 10.67% | 27.79% | 28.72% |
Net Margin | -832.66% | -366.14% | -18.64% | -343.1% | -2599.86% | -10758.97% | -975.98% | -190.51% | -120.19% | -120.65% |
Debt / Equity | 0.80x | - | - | 4.21x | 0.03x | 0.27x | 0.34x | 0.32x | 0.13x | 0.18x |
Interest Coverage | -19.93x | -30.51x | -3.99x | -2.07x | -25.78x | -24.65x | -23.23x | -21.26x | -31.25x | -61.02x |
FCF Conversion | 0.06x | 0.22x | 0.04x | 0.61x | 0.51x | 0.64x | 0.80x | 0.63x | 0.89x | 1.09x |
Revenue Growth | 13.18% | 17.82% | 300.07% | -82.03% | -12.25% | -61.65% | 1212.97% | 454.67% | 89.78% | 68.18% |
Related:WKSP Dividend History·WKSP Revenue History·WKSP Price History·WKSP P/E History·WKSP Financial Ratios·WKSP Institutional Holders
WKSP SEC Filings & Documents
Worksport Ltd. (WKSP) SEC filings — annual & quarterly reports (10-K, 10-Q)
WKSP Frequently Asked Questions
Worksport Ltd. (WKSP) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Worksport Ltd. (WKSP) reported $17.2M in revenue for fiscal year 2025.
Worksport Ltd. (WKSP) grew revenue by 89.8% over the past year. This is strong growth.
Worksport Ltd. (WKSP) reported a net loss of $20.7M for fiscal year 2025.
Dividend & Returns
Worksport Ltd. (WKSP) has a return on equity (ROE) of -95.9%. Negative ROE indicates the company is unprofitable.
Worksport Ltd. (WKSP) had negative free cash flow of $22.5M in fiscal year 2025, likely due to heavy capital investments.