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Worksport NasdaqCM:WKSP Stock Report

Last Price

US$0.41

Market Cap

US$9.9m

7D

9.3%

1Y

-76.4%

Updated

25 Apr, 2024

Data

Company Financials +

WKSP Stock Overview

Worksport Ltd., through its subsidiary, designs and distributes truck tonneau covers in Canada and the United States.

WKSP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Worksport Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Worksport
Historical stock prices
Current Share PriceUS$0.41
52 Week HighUS$4.33
52 Week LowUS$0.36
Beta1.03
1 Month Change-31.38%
3 Month Change-69.85%
1 Year Change-76.44%
3 Year Change-92.70%
5 Year Change-81.36%
Change since IPO-97.37%

Recent News & Updates

Recent updates

Health Check: How Prudently Does Worksport (NASDAQ:WKSP) Use Debt?

Sep 27
Health Check: How Prudently Does Worksport (NASDAQ:WKSP) Use Debt?

Is Worksport (NASDAQ:WKSP) Using Debt Sensibly?

May 11
Is Worksport (NASDAQ:WKSP) Using Debt Sensibly?

Worksport expects $350K-$450K revenue from pre-order sales of SOLIS, COR

Aug 18

An Intrinsic Calculation For Worksport Ltd. (NASDAQ:WKSP) Suggests It's 45% Undervalued

Feb 16
An Intrinsic Calculation For Worksport Ltd. (NASDAQ:WKSP) Suggests It's 45% Undervalued

Calculating The Intrinsic Value Of Worksport Ltd. (NASDAQ:WKSP)

Oct 28
Calculating The Intrinsic Value Of Worksport Ltd. (NASDAQ:WKSP)

Shareholder Returns

WKSPUS Auto ComponentsUS Market
7D9.3%2.7%1.2%
1Y-76.4%-13.7%24.9%

Price Volatility

Is WKSP's price volatile compared to industry and market?
WKSP volatility
WKSP Average Weekly Movement16.7%
Auto Components Industry Average Movement5.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Volatility Over Time: WKSP's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a71Steve Rossiwww.worksport.com

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.

Worksport Ltd. Fundamentals Summary

How do Worksport's earnings and revenue compare to its market cap?
WKSP fundamental statistics
Market capUS$9.88m
Earnings (TTM)-US$14.93m
Revenue (TTM)US$1.53m

6.5x

P/S Ratio

-0.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WKSP income statement (TTM)
RevenueUS$1.53m
Cost of RevenueUS$1.29m
Gross ProfitUS$240.51k
Other ExpensesUS$15.17m
Earnings-US$14.93m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.62
Gross Margin15.72%
Net Profit Margin-975.98%
Debt/Equity Ratio29.2%

How did WKSP perform over the long term?

See historical performance and comparison
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