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Worksport Ltd

Worksport Ltd (WKSP)

2.92
0.01
(0.34%)
2.92
0.00
( 0.00% )

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Key stats and details

Current Price
2.92
Bid
2.92
Ask
3.04
Volume
60,756
2.90 Day's Range 3.07
2.44 52 Week Range 12.00
Market Cap
Previous Close
2.91
Open
3.07
Last Trade
10
@
3.04
Last Trade Time
Financial Volume
$ 181,920
VWAP
2.9943
Average Volume (3m)
186,178
Shares Outstanding
5,200,130
Dividend Yield
-
PE Ratio
-0.95
Earnings Per Share (EPS)
-3.11
Revenue
8.48M
Net Profit
-16.16M

About Worksport Ltd

Worksport Ltd through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. The company's product includes... Worksport Ltd through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. The company's product includes soft vinyl tonneau covers and hard aluminum tonneau covers. Show more

Sector
Motor Vehicle Part,accessory
Industry
Motor Vehicle Part,accessory
Headquarters
Carson City, Nevada, USA
Founded
-
Worksport Ltd is listed in the Motor Vehicle Part,accessory sector of the NASDAQ with ticker WKSP. The last closing price for Worksport was $2.91. Over the last year, Worksport shares have traded in a share price range of $ 2.44 to $ 12.00.

Worksport currently has 5,200,130 shares outstanding. The market capitalization of Worksport is $15.13 million. Worksport has a price to earnings ratio (PE ratio) of -0.95.

WKSP Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.3-9.316770186343.223.32.81286702.90892682CS
40.196.959706959712.733.622.462391943.01276792CS
12-0.23-7.301587301593.153.652.441861783.03495886CS
26-5.08-63.58122.446247687.28241045CS
52-4.387-60.03831941977.307122.447414087.40573716CS
156-17.78-85.893719806820.743.32.443464179.32187418CS
260-41.58-93.438202247244.590.92.4435079018.09037566CS

WKSP - Frequently Asked Questions (FAQ)

What is the current Worksport share price?
The current share price of Worksport is $ 2.92
How many Worksport shares are in issue?
Worksport has 5,200,130 shares in issue
What is the market cap of Worksport?
The market capitalisation of Worksport is USD 15.13M
What is the 1 year trading range for Worksport share price?
Worksport has traded in the range of $ 2.44 to $ 12.00 during the past year
What is the PE ratio of Worksport?
The price to earnings ratio of Worksport is -0.95
What is the cash to sales ratio of Worksport?
The cash to sales ratio of Worksport is 1.81
What is the reporting currency for Worksport?
Worksport reports financial results in USD
What is the latest annual turnover for Worksport?
The latest annual turnover of Worksport is USD 8.48M
What is the latest annual profit for Worksport?
The latest annual profit of Worksport is USD -16.16M
What is the registered address of Worksport?
The registered address for Worksport is 701 S. CARSON STREET, SUITE 200, CARSON CITY, NEVADA, 89701
What is the Worksport website address?
The website address for Worksport is www.worksport.com
Which industry sector does Worksport operate in?
Worksport operates in the MOTOR VEHICLE PART,ACCESSORY sector

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WKSP Discussion

View Posts
Ambro24 Ambro24 1 week ago
Does anyone remember in 2020-2021 when people were excited about Worksport? When people still trusted Rossi? The Trustworthy CEO? Laughable now!
👍️0
56kwf 56kwf 3 weeks ago
Nope. I'm not with you. This is a start-up company, and I expect there to be hiccups and mistakes. That doesn't mean I agree with everything, but it does look like Rossi is trying to make this a real profitable company. It is too early to predict if that will materialize.
👍 1
MIchaeljohn MIchaeljohn 3 weeks ago
I'm going to Sue WKSP And Steven Rossi They are killing the investors.Feed is BS and keep pocketing money.Who is on board?
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williams45 williams45 4 weeks ago
WKSP DOING WELL
👍️ 1
jackson808 jackson808 1 month ago
That's easy.  1
A big ole sac of dog crap!
👍️0
Ambro24 Ambro24 1 month ago
As a moderator here I would like to direct a quick poll :) Do you think Rossi 1) Is a soggy sack of dog dung 2) Should be in Jail 3) Will lead Worksport into the Dow 30 and become CEO of the year 4) Is an OTC scumbag CEO who operates in the manner of a low rent conman. Really take your time and pick the answer you most believe.
👍️0
oregon 1 oregon 1 1 month ago
Nice Q
👍️0
Ambro24 Ambro24 2 months ago
$400,000 + whatever # of shares he wants to give himself. For me, both R/Ss seemed like a stab in the back of any long term shareholder.
👍️0
oregon 1 oregon 1 2 months ago
Rossi make $400,000
👍️0
Ambro24 Ambro24 2 months ago
Not sure if I will ever, ever like an R/S with any company. We R/Sd to get to NASDAQ, we did not earn it. Worksport also took investors for 28 million in that offering. Then they had next to nothing as far as news, partnerships, products. Look at the SP of the last 3 years! We then had to R/S again because we couldn't hold a buck as the company's board likely sold shares. I like NASDAQ if it is earned. Where is Solis Cor? NPEV? Heat Pump? What is Rossi's salary?
👍️0
56kwf 56kwf 2 months ago
Ambro, I believe we have a fundamental disagreement on this matter. If I remember correctly, you were not in favor of the initial decision to list us on NASDAQ. I think it is a good place for WKSP to be if they want to grow their business. The company is producing products that are selling, and it is still a question whether they can achieve profitability. I think that listing gives the company better exposure and that improves partnerships and institutional investments. Good luck to you!
👍️0
oregon 1 oregon 1 2 months ago
Down 14% on light volume
👍️0
Ambro24 Ambro24 3 months ago
56kwf "I believe it kept us on NASDAQ"? As a shareholder I see I have a lot less shares, less potential to go up and would feel a lot better with all my shares in OTC. Please explain why I am wrong.
👍️0
56kwf 56kwf 3 months ago
I believe it kept us on the NASDAQ which makes it easier to attract investors.
👍️0
hopeok hopeok 3 months ago
I didnt like the one (split). Not sure where it got us , but I'm stuck.
👍️0
Ambro24 Ambro24 3 months ago
Buckyboy? You still here? Very, very poor show by Worksport and Rossi these last few weeks. I am enjoying a competitors site a lot more (ST). I renounce Moderator status and probably won't come to I-hub anymore. There are simply better options with more freedom than this. Goodbye and F Rossi :)
👍️0
Ambro24 Ambro24 3 months ago
As a moderator here, I think this is the beginning of the end for WKSP. I am 100% down for lawsuit. I will sell whatever I have left and donate to any lawyer interest. Rossi is not a man of candor :)
👍️0
llh222 llh222 3 months ago
Yes. It is a great buying opportunity!
👍️0
oregon 1 oregon 1 3 months ago
We. could trade about 8 million shares today.
👍️0
oregon 1 oregon 1 3 months ago
This the second split since I have been here.
👍️0
FUBAR FUBAR 3 months ago

Welp. What can I say
👍️0
oregon 1 oregon 1 3 months ago
This headed for the 4s
👍️0
oregon 1 oregon 1 4 months ago
crypto is going down
👍️0
Tiger Money Tiger Money 4 months ago
Crypto reserve signed yday by 47, mammoth for these guys 
👍️0
oregon 1 oregon 1 4 months ago
what news?
👍️0
Tiger Money Tiger Money 4 months ago
With todays news, we are headed back to over a $1
👍️0
Charlie V Charlie V 4 months ago
Company Adds 24 New Dealer Locations in Early 2025, Initiates Flagship AL4 Cover Availability at Worksport.com

West Seneca, New York, February 26, 2025 — Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce two new sales milestones. The Company’s dealer network has expanded by 30% in the first two months of 2025, and, following an ongoing production ramp-up driven by strong early feedback, initial models of its AL4 Premium Tonneau Cover are now officially available for purchase at www.worksport.com.



AL4 Tonneau Cover Now Live Online

The AL4, Worksport’s newly introduced flagship tonneau cover, combines premium materials and design features to offer superior durability, streamlined installation, and user-friendly functionality (see Figure 1 below). Through the Company’s direct-to-consumer (D2C) sales platform, customers can immediately place orders, track shipments, and take advantage of Worksport’s American customer support team. Worksport expects 5 available models by the end of February 2025 and expects to add new models to the AL4 lineup every month.

While Worksport has increased sales from $1.5M in 2023 to a run rate of approximately $1MM per month in 2024, the Company believes the AL4 premium cover will be its best-selling tonneau cover, driving the sales and margins for 2025.



Steven Rossi, CEO of Worksport, commented: “We are excited to bring the AL4 cover directly to consumers through our e-commerce website, especially after the positive reception we’ve seen from distributors and our growing dealer network. This marks a significant step in Worksport’s evolution, as we continue to scale production to meet growing demand. We believe the AL4’s success will pave the way for future product launches, including our forthcoming clean-tech solutions – the SOLIS solar tonneau cover and the COR portable nano-grid system.”



Alignment with Future Growth

By offering the AL4 cover on its e-commerce store, Worksport.com, the Company continues to bolster its direct-to-consumer presence, complementing its expanding distribution network, which is expected to maintain momentum in the coming months. This move also lays the groundwork for upcoming releases, including the SOLIS solar tonneau cover and the COR mobile power system, planned for later this year. Management believes these innovations, combined with the AL4’s anticipated success, will drive revenue growth and strengthen shareholder value in the months ahead.
👍️0
oregon 1 oregon 1 4 months ago
Rossi needs to do some thing before he loses his nasdaq status.
👍️0
Ambro24 Ambro24 4 months ago
It is not too late for Worksport (or it's investors). Promise no R/S no matter what. If we do that this will quickly rise. No more half measures. The shareholders trust needs to be regained.
👍️0
oregon 1 oregon 1 4 months ago
When do we become delisted ?
👍️0
Charlie V Charlie V 5 months ago
Worksport Ltd. ($WKSP) Begins Shipping Flagship AL4 Product Line, Plans Production Ramp Amid Positive Buyer Feedback

Early B2B Feedback Reinforces Confidence in 2025 Sales and Expansion Plan


West Seneca, New York, February 4, 2025 — Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce it has sent first shipments of its AL4 flagship tonneau cover to select customers. Initial feedback from these customers has been overwhelmingly positive, and the Company is now accelerating production ramp-up to meet anticipated demand.



AL4 Ramp-Up to Complement Existing AL3 Production

The AL4 Hardcover represents the next evolution in Worksport’s premium tonneau cover lineup, engineered for durability, security, and functionality. Designed with robust American aluminum and precision manufacturing, the AL4 Hardcover caters to the growing demand for high-quality truck bed covers in North America’s booming pickup truck market.

Worksport is preparing an active production ramp for the AL4 cover, targeting 1,200 units in the next 30 days. As the Company continues to refine its manufacturing processes, it expects to double that output shortly thereafter, while maintaining its existing AL3 production lines. This will be followed by continued production line expansion as sales grow. This strategic approach is projected to allow Worksport to meet the market interest for the AL4 and strengthen its vision for 2025 and beyond.



Positive Early Feedback from Key Distribution Partners

Major distributors have already expressed strong interest in the AL4 and shared glowing reviews of its build quality, ease of use, and feature set. This aligns with feedback from initial batches sent to B2B clients, reinforcing the Company’s belief that the AL4 will serve as a flagship product line in its expanding portfolio.



Product Outlook for 2025 and Beyond

In the weeks ahead, Worksport will continue to expand roll out of the AL4 and anticipates opening access to its e-commerce customers. Worksport’s expansion into flagship clean-tech products—including its SOLIS solar tonneau cover and COR mobile power system—remains on track for release later in 2025. Management expects the AL4’s success to dovetail seamlessly with these upcoming innovations, propelling the Company’s brand recognition and solidifying its position in the automotive accessories and clean-tech spaces.

“We are extremely excited that initial covers of our AL4 have left the door, and it is being well received by initial B2B customers,” said Steven Rossi, Chief Executive Officer of Worksport Ltd. “With production now projected to actively scale, we believe the AL4 will not only drive significant growth in 2025 and beyond but also establish Worksport as a top-tier provider of premium tonneau covers. We anticipate these developments will position us favorably ahead of our SOLIS and COR product launches later in 2025, making this a milestone year across multiple markets.”

Additionally, Worksport’s subsidiary, Terravis Energy, recently announced a breakthrough in AI-supported heat pump technology, with a full reveal expected in just eight (8) days. These cutting-edge product developments are expected to strengthen Worksport for growth in 2025 and beyond.



👍️0
GoldDog83 GoldDog83 5 months ago
WKSP - Made in the USA. 
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oregon 1 oregon 1 5 months ago
Finally closed over $1 now we need this for 30 days in a row.
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Golden Cross Golden Cross 5 months ago
$WKSP Cheap here under a $1. On February 11, 2025, the countdown will conclude and Terravis will share the breakthrough solution, key performance data, media kits, and exclusive insights into the competitive advantages of its cutting-edge solution.
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oregon 1 oregon 1 5 months ago
This is going back under .90
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Golden Cross Golden Cross 5 months ago
$WKSP Worksport CEO Interview with Steven Rossi
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Golden Cross Golden Cross 5 months ago
Nice news today
👍️0
Charlie V Charlie V 5 months ago
West Seneca, New York, January 24, 2025 — Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce that it increased its patent portfolio by approximately 25% in the last 12 months. It further announces that has joined LOT Network, a not-for-profit global consortium of leading companies committed to preserving innovation.



Global Patent Growth

Worksport is proud to announce a ~25% growth in its global patent portfolio, encompassing both issued patents and pending patent applications. This expansion reflects Worksport’s commitment to addressing real-world customer challenges by creating products that are innovative, user-friendly, and safe. These advancements are integral to Worksport’s existing product lines and will feature prominently in future offerings, including the patented SOLIS solar tonneau cover and the groundbreaking COR portable power system. The patent growth is bolstered by Worksport’s wholly owned subsidiary, Terravis Energy, which continues to develop proprietary assets in the area of Cold-Climate Heat Pumps, further strengthening the Company’s innovation pipeline.



Joining LOT Network

In addition to bolstering its patent portfolio, Worksport is excited to join LOT Network. LOT Network community is committed to protecting its members from costly and frivolous litigation initiated by patent assertion entities (PAEs, sometimes referred to as “patent trolls”). Members of LOT Network agree that if a member's patent is enforced by a PAE, other members automatically receive a license to that patent, protecting them from lawsuits by the PAE using that patent. All the usual uses of patents are preserved. With 4.8 million patents in the network and counting, its more than 4,500 members include global leaders such as Tesla, Ford, Amazon, Rivian, Hyundai, and Microsoft. By joining the Network, Worksport is protected against PAE litigation using more than 4.8 million patents – including nearly 50,000 patent assets in technology fields relevant to Worksport – thus safeguarding Worksport and its business ecosystem.

A common misconception is that PAEs target only large companies. In fact, over 50% of PAE litigation is initiated against companies with less than $25MM in annual revenue. PAE litigation has increased dramatically over the last decade, costing the US economy tens of billions of dollars and hindering innovation. Each lawsuit can cost potentially millions of dollars to defend. Worksport is pleased to join LOT Network, encouraging open innovation industry wide.

"Innovation lies at the heart of Worksport's culture, and we are deeply committed to safeguarding our diverse technical and creative community. Worksport’s IP is growing at a wonderful pace," said Nilay Choksi, General Counsel and Chief IP Counsel at Worksport. "As advocates for fair IP practices, we urge other companies to join us in making the industry safer by becoming part of LOT Network. By collaborating, we can shield the industry from misuse, foster innovation, and drive growth and success for the entire community."
👍️0
Golden Cross Golden Cross 5 months ago
$WKSP Major Uptrend Underway Since October. MACD getting ready to cross bullish.
RSI bullish here. Great loading zone here for the next step up above a dollar with
many catalysts coming.

👍️0
Golden Cross Golden Cross 5 months ago
Innovative Growth Stocks to Watch Now | Automotive Focused Tech Stock
👍️0
Golden Cross Golden Cross 5 months ago
$WKSP $2 Price Target! Alliance Global Partners = 128% from todays price! Revenues are Soaring here!
👍️0
jimr1717 jimr1717 5 months ago
This pos is headed to the otc
👍️0
Golden Cross Golden Cross 5 months ago
Adding under $1 here. ..Company needs this above $1 for NASDAQ compliance so I expect a steady stream of news is on the way!
👍️0
Golden Cross Golden Cross 5 months ago
PT = $1.50~~H.C. Wainwright analyst Scott Buck initiated coverage of Worksport with a Buy rating and $1.50 price target
https://tipranks.com/news/the-fly/worksport-initiated-with-a-buy-at-h-c-wainwright

$WKSP
👍️0
Golden Cross Golden Cross 5 months ago
CEO Commentary and Provides Outlook for Year Ahead
https://www.globenewswire.com/news-release/2024/12/30/3002634/0/en/Worksport-Ltd-WKSP-Shares-CEO-Commentary-and-Provides-Outlook-for-Year-Ahead.html

$WKSP
👍️0
Golden Cross Golden Cross 5 months ago
$WKSP Strong day on the chart. MACD curling up towards a bullish cross. RSI had a bullish crossover today! Looking good going forward here! Next step up is underway! I don't mind buying on the way up... 💹

👍️0
Golden Cross Golden Cross 5 months ago
$WKSP Breaking and closing above a dollar will be very bullish here... MACD curling up for a bullish cross... I am loading up more. RSI crossed bullish!

$META $DJT $GOOG $SNAP $PINS $NFLX $AMZN $NVDA $GNPX $CCTG
👍️0
Golden Cross Golden Cross 5 months ago
$WKSP Outlook for Year Ahead
https://investors.worksport.com/post/worksport-ltd-wksp-shares-ceo-commentary-and-provides-outlook-for-year-ahead
👍️0
Golden Cross Golden Cross 5 months ago
$WKSP Worksport’s Breakthrough in AI-Driven Heat Pump Technology
https://www.tipranks.com/news/company-announcements/worksports-breakthrough-in-ai-driven-heat-pump-technology
👍️0
Golden Cross Golden Cross 5 months ago
Added more today... great early volume...Looking for that $1 break
$WKSP
👍 1

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