Worksport Ltd. (WKSP) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -8.23M | -6.12M | -4.26M | -3.1M | -3.84M | -2.18M | -1.54M | -3.63M | -2.79M | -3.74M | -2.18M | -3.08M | -2.93M | -1.62M | -1.32M | -2.9M | -2.02M | -2.01M | -1.04M | -490.88K |
| Operating CF Margin % | -248.57% | -129.12% | -84.87% | -75.4% | -171.42% | -74.44% | -49.26% | -188.74% | -545.14% | -445.12% | -474.53% | -1543.3% | -9191.57% | -4137.98% | -7186.14% | -25655.87% | -4219.99% | -12245.42% | -1109.16% | -263.58% |
| Operating CF Growth % | -114.45% | -180.98% | -176.68% | 14.66% | -37.4% | 41.66% | 29.31% | -17.59% | 4.76% | -131.14% | -64.99% | -6.34% | -45.52% | 19.77% | -27.28% | -490.85% | -297.83% | -532.37% | -481.55% | -911.75% |
| Net Income | -5.83M | -6.23M | -4.93M | -3.73M | -4.46M | -4.3M | -4.13M | -4.01M | -3.71M | -3.66M | -3.95M | -3.8M | -3.52M | -3.47M | -2.88M | -3.37M | -2.82M | -3.8M | -2.06M | -811.66K |
| Depreciation & Amortization | 426.23K | 474.79K | 470.65K | 443.9K | 444.97K | 733.42K | 403.89K | 232.82K | 383.15K | 90.19K | 558.35K | 266.23K | 194.97K | -46.51K | 380.86K | 175.13K | 52.84K | 97.7K | 76.02K | 30.17K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 989.45K | 874.86K | 1.24M | 1.04M | 1.19M | 2.07M | 1.45M | 1.13M | 996.67K | 1.55M | 1.22M | 2.08M | 732.64K | 540.76K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.04M | -1.19M | -2.07M | -1.45M | 0 | 0 | -1.55M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 747.75K | 1.15M | 744.4K | 763.06K | 612.45K | -136.16K | 102 | 1.87K | 1.99K | 1.05M | 1.19M | 2.07M | 1.43M | -67.29K | -247.64K | 1.57M | 78.38K | 83.95K | 21.07K | 2.65K |
| Working Capital Changes | -3.58M | -1.52M | -541.52K | -567.6K | -436.87K | 1.52M | 1.2M | -722.85K | -706.64K | -1.21M | 25.97K | -1.63M | -1.04M | 833.31K | 429.12K | -1.27M | -554.76K | -480.15K | 198.52K | -252.81K |
| Change in Receivables | 11.49K | -57.22K | -200.73K | -259.35K | -52.38K | 375.12K | 143.84K | -452.58K | 317.32K | 54.99K | -54.42K | -254.55K | -38.01K | 11.31K | -75.5K | -10.58K | 6.73K | 30.25K | -96.38K | -89.84K |
| Change in Inventory | -2.09M | -2.7M | -953.98K | -108.34K | -583.12K | 948.01K | 248.68K | 153.1K | -2.91M | -79.42K | -672.21K | -1.28M | -257.42K | -59.59K | -184.07K | -310.9K | -290.04K | -304.15K | 55.52K | 40.19K |
| Change in Payables | -1.56M | 701.94K | 0 | 78.67K | 390.69K | 163.01K | 1.06M | -870.68K | 810.69K | -424.65K | 676.28K | -821.96K | -6.8K | 347.34K | 62.18K | 480.19K | 105.63K | -34.47K | 256.41K | -29.57K |
| Cash from Investing | -103.64K | -52.25K | -484.46K | -124.45K | -458.34K | -27.48K | -164.97K | -122.82K | -212.97K | -243.9K | -849.42K | -1.51M | -1.15M | -938.53K | -1.16M | -8.44M | -614.05K | -367.65K | -442.51K | -189.32K |
| Capital Expenditures | -103.64K | -108.62K | -364.24K | -68.39K | -201.46K | -27.48K | -164.97K | -122.82K | -212.97K | -243.9K | -849.42K | -1.51M | -1.09M | -938.53K | -1.16M | -8.44M | -614.05K | -373.15K | -442.51K | -189.32K |
| CapEx % of Revenue | 3.13% | 2.29% | 7.26% | 1.67% | 8.99% | 0.94% | 5.28% | 6.39% | 41.54% | 29.06% | 185.27% | 755.47% | 3404.61% | 2402.61% | 6323.9% | 74637.45% | 1285.05% | 2267.99% | 473.74% | 101.65% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | -120.22K | -56.07K | -256.88K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.51K | 0 | 0 |
| Cash from Financing | 2.96M | 8.36M | 7.11M | -467.66K | 4.5M | 5.23M | 134.49K | 3.64M | 3.18M | 4.38M | 88.41K | 7.13K | -43.9K | -103.55K | 5.29M | 5.29M | -127.87K | 29.24K | 20.13M | 3.63M |
| Debt Issued (Net) | 778.14K | -151.06K | 459.12K | -606.33K | -2.07M | -324.93K | 26.74K | 0 | 0 | -43.9K | 43.9K | 0 | 0 | -100K | 0 | 5.4M | -126.01K | -78.58K | -61.23K | 7.51K |
| Equity Issued (Net) | 2.21M | 8.51M | 6.65M | 6.74K | 179.14K | 5.54M | 107.75K | 3.64M | 3.2M | 4.38M | 88.41K | 7.13K | 0 | 0 | 0 | 0 | 0 | 46.8K | 17.47M | 935.18K |
| Dividends Paid | -27.39K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 131.93K | 6.38M | 16.5K | 0 | 0 | -16.5K | 43.9K | -43.9K | 0 | -43.9K | -3.55K | 5.29M | -110.05K | -1.86K | 61.02K | 2.72M | 2.69M |
| Net Change in Cash | -5.38M | 2.18M | 2.37M | -3.69M | 197.27K | 3.03M | -1.57M | -110.89K | 171.2K | 400.2K | -2.94M | -4.59M | -4.13M | -2.66M | -2.48M | -6.05M | -2.76M | -2.35M | 18.65M | 2.95M |
| Free Cash Flow | -8.34M | -6.28M | -4.74M | -3.16M | -4.3M | -2.21M | -1.7M | -3.75M | -3.01M | -3.98M | -3.03M | -4.59M | -4.02M | -2.55M | -2.48M | -11.34M | -2.63M | -2.39M | -1.48M | -678.38K |
| FCF Margin % | -251.7% | -132.4% | -94.53% | -77.06% | -191.89% | -75.38% | -54.54% | -195.13% | -586.69% | -474.18% | -659.8% | -2298.77% | -12596.18% | -6540.59% | -13510.04% | -100293.32% | -5505.03% | -14513.41% | -1582.9% | -364.25% |
| FCF Growth % | -93.99% | -184.52% | -178.33% | 15.64% | -42.91% | 44.55% | 43.71% | 18.38% | 25.21% | -55.78% | -22.02% | 59.48% | -52.87% | -7% | -67.67% | -1571.36% | -315.16% | -649.5% | -694.44% | -1298.2% |
| FCF per Share | -0.77 | -0.72 | -0.61 | -0.41 | -0.55 | -0.32 | -0.25 | -0.38 | -0.30 | -0.40 | -0.30 | -0.46 | -0.40 | -0.26 | -0.25 | -1.06 | -0.24 | -0.21 | -0.11 | -0.07 |
| FCF Conversion (FCF/Net Income) | 1.41x | 0.98x | 0.86x | 0.83x | 0.86x | 0.51x | 0.37x | 0.90x | 0.75x | 1.02x | 0.55x | 0.81x | 0.83x | 0.47x | 0.46x | 0.86x | 0.72x | 0.53x | 0.50x | 0.60x |
| Interest Paid | 0 | 0 | 83K | 78K | 140K | 182K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |