WKSP
Worksport Ltd
NASDAQ: WKSP · CONSUMER CYCLICAL · AUTO PARTS
$1.00
-3.85% today
Updated 2026-04-29
Market cap
$12.36M
P/E ratio
—
P/S ratio
0.77x
EPS (TTM)
$-3.16
Dividend yield
—
52W range
$1 – $5
Volume
0.4M
Worksport Ltd (WKSP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $278815.00 | $465812.00 | $593004.00 | $651667.00 | $361123.00 | $408701.00 | $481521.00 | $1.93M | $346144.00 | $303750.00 | $116502.00 | $1.53M | $8.48M | $16.10M |
| Revenue growth (YoY) | — | — | — | — | — | — | — | +67.1% | +27.3% | +9.9% | -44.6% | +13.2% | +17.8% | +300.1% | -82.0% | -12.2% | -61.6% | +1213.0% | +454.7% | +89.8% |
| Cost of revenue | — | — | — | — | $13555.00 | $11908.00 | $159845.00 | $19098.00 | $435401.00 | $532581.00 | $334060.00 | $231771.00 | $384908.00 | $1.69M | $298996.00 | $350702.00 | $56967.00 | $1.29M | $7.58M | $11.63M |
| Gross profit | — | — | — | — | $-13555.00 | $-11908.00 | $118970.00 | $-19098.00 | $157603.00 | $119086.00 | $27063.00 | $176930.00 | $96613.00 | $238547.00 | $47148.00 | $-46952.00 | $59535.00 | $240514.00 | $905650.00 | $4.47M |
| Gross margin | — | — | — | — | — | — | 42.7% | -4.1% | 26.6% | 18.3% | 7.5% | 43.3% | 20.1% | 12.4% | 13.6% | -15.5% | 51.1% | 15.7% | 10.7% | 27.8% |
| R&D | — | — | — | — | — | — | $2041.00 | $659.00 | $4932.00 | $47348.00 | — | — | — | — | — | — | — | $1.67M | $2.29M | $1.54M |
| SG&A | $1620.00 | $1620.00 | $10719.00 | $27777.00 | $13555.00 | $11908.00 | $22554.00 | $19098.00 | $155990.00 | $3.28M | $319611.00 | $1.95M | $1.13M | $809693.00 | $881583.00 | $6.12M | $10.40M | $11.83M | $11.71M | $14.81M |
| Operating income | $-1620.00 | $-1620.00 | $-10719.00 | $-27777.00 | $-13555.00 | $-11908.00 | $-22554.00 | $-19098.00 | $-467386.00 | $-3.42M | $-354561.00 | $-1.78M | $-1.21M | $-537851.00 | $-986239.00 | $-7.56M | $-12.77M | $-14.74M | $-15.47M | $-18.52M |
| Operating margin | — | — | — | — | — | — | -8.1% | -4.1% | -78.8% | -524.2% | -98.2% | -435.6% | -251.5% | -27.9% | -284.9% | -2489.5% | -10964.4% | -963.4% | -182.3% | -115.0% |
| EBITDA | — | — | $-13315.00 | $-27777.00 | $-13555.00 | $-11908.00 | $-22554.00 | $-19098.00 | $-479055.00 | $-3.46M | $-353563.00 | $-3.39M | $-1.71M | $-275635.00 | $-774409.00 | $-7.54M | $-11.56M | $-13.20M | $-13.68M | $-16.69M |
| EBITDA margin | — | — | — | — | — | — | -8.1% | -4.1% | -80.8% | -531.4% | -97.9% | -829.1% | -354.2% | -14.3% | -223.7% | -2480.8% | -9921.8% | -863.1% | -161.3% | -103.6% |
| EBIT | $-1620.00 | $-1620.00 | $-10719.00 | $-27777.00 | $-13555.00 | $-11908.00 | $-22554.00 | $-19098.00 | $-479341.00 | $-3.46M | $-354561.00 | $-3.39M | $-1.71M | $-287073.00 | $-801371.00 | $-7.60M | $-12.05M | $-14.31M | $-15.44M | $-18.52M |
| Interest expense | $0.00 | $0.00 | $30526.00 | $388095.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3736.00 | $23674.00 | $0.00 | $170122.00 | $55966.00 | $71961.00 | $386249.00 | $294923.00 | $488704.00 | $616214.00 | $726095.00 | $592755.00 |
| Income tax | — | — | — | $-388095.00 | — | — | $1737.00 | $1927.00 | $8376.00 | $48129.00 | — | $1.46M | $580252.00 | $71961.00 | $386249.00 | $294923.00 | $-312793.00 | $800778.00 | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 1397.2% | 0.0% | 0.0% | -8.3% | -11.2% | -1.8% | -1.4% | 0.0% | -74.9% | -49.1% | -25.1% | -48.2% | -3.9% | 2.4% | -5.7% | 0.0% | 0.0% |
| Net income | $-32146.00 | $-32146.00 | $-41245.00 | $360318.00 | $-13555.00 | $-11908.00 | $-22554.00 | $-19098.00 | $-479341.00 | $-3.49M | $-1.14M | $-3.40M | $-1.76M | $-359034.00 | $-1.19M | $-7.90M | $-12.53M | $-14.93M | $-16.16M | $-19.35M |
| Net income growth (YoY) | — | +0.0% | -28.3% | +973.6% | -103.8% | +12.2% | -89.4% | +15.3% | -2409.9% | -627.6% | +67.4% | -199.5% | +48.2% | +79.6% | -230.8% | -565.0% | -58.7% | -19.1% | -8.3% | -19.7% |
| Profit margin | — | — | — | — | — | — | -8.1% | -4.1% | -80.8% | -535.2% | -314.6% | -832.7% | -366.1% | -18.6% | -343.1% | -2599.9% | -10759.0% | -976.0% | -190.5% | -120.2% |