Worksport Past Earnings Performance

Past criteria checks 0/6

Worksport's earnings have been declining at an average annual rate of -51%, while the Auto Components industry saw earnings growing at 16.9% annually. Revenues have been growing at an average rate of 5.2% per year.

Key information

-51.0%

Earnings growth rate

-19.2%

EPS growth rate

Auto Components Industry Growth10.5%
Revenue growth rate5.2%
Return on equity-80.1%
Net Margin-410.9%
Next Earnings Update13 Nov 2024

Recent past performance 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)

Revenue & Expenses Breakdown

How Worksport makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:WKSP Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 244-15160
31 Mar 242-15150
31 Dec 232-15150
30 Sep 231-15150
30 Jun 230-14140
31 Mar 230-13140
31 Dec 220-13130
30 Sep 220-13130
30 Jun 220-12120
31 Mar 220-9100
31 Dec 210-880
30 Sep 210-440
30 Jun 210-330
31 Mar 210-220
31 Dec 200-110
30 Sep 200-110
30 Jun 201-110
31 Mar 201010
31 Dec 192010
30 Sep 192010
30 Jun 191-110
31 Mar 191-110
31 Dec 180-210
30 Sep 181-210
30 Jun 181-110
31 Mar 180-210
31 Dec 170-320
30 Sep 170-420
30 Jun 170-420
31 Mar 170-320
31 Dec 160-100
30 Sep 161-220
30 Jun 161-330
31 Mar 161-440
31 Dec 151-340
30 Sep 151-320
30 Jun 151-110
31 Mar 151-100
31 Dec 141000
30 Sep 141000
31 Dec 130000

Quality Earnings: WKSP is currently unprofitable.

Growing Profit Margin: WKSP is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: WKSP is unprofitable, and losses have increased over the past 5 years at a rate of 51% per year.

Accelerating Growth: Unable to compare WKSP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WKSP is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (1.3%).


Return on Equity

High ROE: WKSP has a negative Return on Equity (-80.1%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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