Worksport Ltd.

NasdaqCM:WKSP Stock Report

Market Cap: US$27.4m

Worksport Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Steve Rossi

Chief executive officer

US$5.4m

Total compensation

CEO salary percentage7.0%
CEO tenure10.2yrs
CEO ownership7.7%
Management average tenureno data
Board average tenure3.6yrs

Recent management updates

Increases to Worksport Ltd.'s (NASDAQ:WKSP) CEO Compensation Might Cool off for now

Nov 29
Increases to Worksport Ltd.'s (NASDAQ:WKSP) CEO Compensation Might Cool off for now

Recent updates

Increases to Worksport Ltd.'s (NASDAQ:WKSP) CEO Compensation Might Cool off for now

Nov 29
Increases to Worksport Ltd.'s (NASDAQ:WKSP) CEO Compensation Might Cool off for now

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)

CEO Compensation Analysis

How has Steve Rossi's remuneration changed compared to Worksport's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$16m

Jun 30 2024n/an/a

-US$15m

Mar 31 2024n/an/a

-US$15m

Dec 31 2023US$5mUS$374k

-US$15m

Sep 30 2023n/an/a

-US$15m

Jun 30 2023n/an/a

-US$14m

Mar 31 2023n/an/a

-US$13m

Dec 31 2022US$3mUS$324k

-US$13m

Sep 30 2022n/an/a

-US$13m

Jun 30 2022n/an/a

-US$12m

Mar 31 2022n/an/a

-US$9m

Dec 31 2021US$929kUS$240k

-US$8m

Sep 30 2021n/an/a

-US$4m

Jun 30 2021n/an/a

-US$3m

Mar 31 2021n/an/a

-US$2m

Dec 31 2020US$87kUS$87k

-US$1m

Sep 30 2020n/an/a

-US$1m

Jun 30 2020n/an/a

-US$575k

Mar 31 2020n/an/a

-US$385k

Dec 31 2019US$66kUS$66k

-US$359k

Sep 30 2019n/an/a

-US$339k

Jun 30 2019n/an/a

-US$912k

Mar 31 2019n/an/a

-US$1m

Dec 31 2018US$64kUS$64k

-US$2m

Compensation vs Market: Steve's total compensation ($USD5.35M) is above average for companies of similar size in the US market ($USD645.26K).

Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.

CEO

Steve Rossi (39 yo)

10.2yrs

Tenure

US$5,352,811

Compensation

Mr. Steven F. Rossi, also known as Steve, is Founder and has been the Chairman of the Board, Chief Executive Officer, President and Secretary at Worksport Ltd. since November 7, 2014. He founded two compan...

Board Members

NamePositionTenureCompensationOwnership
Steven Rossi
Founder10.2yrsUS$5.35m7.67%
$ 2.1m
William Caragol
Independent Director3.6yrsUS$284.36k0.057%
$ 15.6k
Ned Siegel
Independent Director3.6yrsUS$284.36k0.057%
$ 15.6k
Lorenzo Rossi
Director10.1yrsUS$271.73kno data
Craig Loverock
Independent Director5.8yrsUS$258.56k0.057%
$ 15.6k
Sengkee Ahn
Member of Advisory Board3.6yrsno datano data
Michael Timmons
Member of Advisory Board3.6yrsno datano data
Yosi Behar
Member of Advisory Board3.3yrsno datano data
Thomas DiNanno
Member of Advisory Board2.9yrsno datano data

3.6yrs

Average Tenure

56yo

Average Age

Experienced Board: WKSP's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 17:37
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Worksport Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charles FrattAlliance Global Partners
Tate SullivanMaxim Group