Symbols / WKSP
WKSP Chart
About
Worksport Ltd., together with 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 covers. It also offers energy products, such as Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station. It serves its products to automotive accessories, consumer electronics, and residential and commercial HVAC system markets. The company is based in West Seneca, New York.
Fundamentals
Scroll to Statements| Sector | Consumer Cyclical | Industry | Auto Parts | Market Cap | 14.62M |
| Enterprise Value | 11.41M | Income | -17.42M | Sales | 14.29M |
| Book/sh | 2.61 | Cash/sh | 0.48 | Dividend Yield | — |
| Payout | 0.00% | Employees | 80 | IPO | — |
| P/E | — | Forward P/E | -4.52 | PEG | — |
| P/S | 1.02 | P/B | 0.57 | P/C | — |
| EV/EBITDA | -0.78 | EV/Sales | 0.80 | Quick Ratio | 0.78 |
| Current Ratio | 2.04 | Debt/Eq | 15.61 | LT Debt/Eq | — |
| EPS (ttm) | -3.64 | EPS next Y | -0.33 | EPS Growth | — |
| Revenue Growth | 60.60% | Earnings | 2026-03-26 | ROA | -40.19% |
| ROE | -96.42% | ROIC | — | Gross Margin | 23.60% |
| Oper. Margin | -95.60% | Profit Margin | -121.96% | Shs Outstand | 9.81M |
| Shs Float | 7.17M | Short Float | 5.46% | Short Ratio | 3.43 |
| Short Interest | — | 52W High | 7.87 | 52W Low | 1.00 |
| Beta | 0.10 | Avg Volume | 272.67K | Volume | 555.60K |
| Target Price | $7.25 | Recom | Strong_buy | Prev Close | $1.46 |
| Price | $1.49 | Change | 2.05% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$7.25
Mean price target
2. Current target
$1.49
Latest analyst target
3. DCF / Fair value
$-14.04
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.49
Low
$3.00
High
$11.50
Mean
$7.25
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-09-29 | reit | HC Wainwright & Co. | Buy → Buy | $12 |
| 2025-05-20 | main | Maxim Group | Buy → Buy | $7 |
| 2025-05-16 | reit | HC Wainwright & Co. | Buy → Buy | $12 |
| 2025-04-23 | reit | HC Wainwright & Co. | Buy → Buy | $12 |
| 2025-03-28 | main | HC Wainwright & Co. | Buy → Buy | $12 |
| 2025-01-23 | init | HC Wainwright & Co. | — → Buy | $2 |
| 2025-01-22 | init | HC Wainwright & Co. | — → Buy | $2 |
| 2024-12-23 | init | Alliance Global Partners | — → Buy | $2 |
| 2023-01-20 | main | Maxim Group | — → Buy | $3 |
| 2021-11-29 | init | Maxim Group | — → Buy | $8 |
- Truck battery box clears rules on path to big-box shelves - Stock Titan hu, 19 Feb 2026 13
- Worksport Gains Key Certifications for COR Energy System - The Globe and Mail Fri, 20 Feb 2026 08
- $WKSP Q4 2025 Earnings Preview: Recent $WKSP Insider Trading, Hedge Fund Activity, and More | WKSP Stock News - Quiver Quantitative Fri, 16 Jan 2026 08
- How The Worksport WKSP Story Is Shifting After The Price Target Reset - Yahoo Finance Wed, 18 Feb 2026 17
- What Makes Worksport (WKSP) a New Buy Stock - Nasdaq ue, 19 Aug 2025 07
- Is Worksport Stock Built to Withstand More Downside? - Trefis Sat, 20 Dec 2025 08
- Worksport lifts revenue 91% as solar tonneau, portable energy system launch - Stock Titan Wed, 11 Feb 2026 08
- Worksport Reports Breakout Quarter, Shifts Toward Monetization Phase - The Globe and Mail hu, 12 Feb 2026 08
- Anti-frost heat pump under government review, Worksport targets 2026 sales - Stock Titan hu, 12 Feb 2026 13
- Earnings To Watch: Worksport Ltd (WKSP) Reports Q3 2025 Result - Yahoo Finance Wed, 12 Nov 2025 08
- Worksport Advances Aetherlux Heat Pump Toward Commercial Rollout - The Globe and Mail Fri, 13 Feb 2026 08
- Worksport (NASDAQ: WKSP) opens AI hub, targets 10-15% logistics cost savings - Stock Titan Mon, 08 Dec 2025 08
- Worksport (NASDAQ: WKSP) Adds Missouri SOLIS Assembly to Boost U.S. Clean-Tech Growth - Stock Titan ue, 18 Nov 2025 08
- Heat pumps built for -57°F? Worksport maps big 2026 clean-energy push - Stock Titan ue, 13 Jan 2026 08
- Worksport (NASDAQ: WKSP) debuts Rivian R1T SOLIS solar cover, ships mid-Jan - Stock Titan ue, 16 Dec 2025 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 33333 | 25000 | — | Purchase at price 0.75 per share. | ROSSI STEVEN F | Chief Executive Officer | — | 2024-11-19 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | -13.70M | -13.21M | -11.87M | -7.49M |
| TotalUnusualItems | 14.88K | 2.69K | 312.79K | -48.29K |
| TotalUnusualItemsExcludingGoodwill | 14.88K | 2.69K | 312.79K | -48.29K |
| NetIncomeFromContinuingOperationNetMinorityInterest | -16.16M | -14.93M | -12.53M | -7.90M |
| ReconciledDepreciation | 1.75M | 1.11M | 486.58K | 66.88K |
| ReconciledCostOfRevenue | 7.58M | 1.29M | 56.97K | 350.70K |
| EBITDA | -13.68M | -13.20M | -11.56M | -7.54M |
| EBIT | -15.44M | -14.31M | -12.05M | -7.60M |
| NetInterestIncome | -688.60K | -376.86K | -276.41K | -291.23K |
| InterestExpense | 726.10K | 616.21K | 488.70K | 294.92K |
| InterestIncome | 37.49K | 239.35K | 212.29K | 3.69K |
| NormalizedIncome | -16.18M | -14.93M | -12.85M | -7.85M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -16.16M | -14.93M | -12.53M | -7.90M |
| TotalExpenses | 23.97M | 16.27M | 12.90M | 7.86M |
| TotalOperatingIncomeAsReported | -15.47M | -14.74M | -12.77M | -7.56M |
| DilutedAverageShares | 2.77M | 1.77M | 1.71M | 1.15M |
| BasicAverageShares | 2.77M | 1.77M | 1.71M | 1.15M |
| DilutedEPS | -5.84 | -8.44 | -7.30 | -6.90 |
| BasicEPS | -5.84 | -8.44 | -7.30 | -6.90 |
| DilutedNIAvailtoComStockholders | -16.16M | -14.93M | -12.53M | -7.90M |
| NetIncomeCommonStockholders | -16.16M | -14.93M | -12.53M | -7.90M |
| NetIncome | -16.16M | -14.93M | -12.53M | -7.90M |
| NetIncomeIncludingNoncontrollingInterests | -16.16M | -14.93M | -12.53M | -7.90M |
| NetIncomeContinuousOperations | -16.16M | -14.93M | -12.53M | -7.90M |
| PretaxIncome | -16.16M | -14.93M | -12.53M | -7.90M |
| OtherIncomeExpense | 5.53K | 187.26K | 526.18K | -48.29K |
| OtherNonOperatingIncomeExpenses | -9.35K | 184.56K | 213.38K | |
| SpecialIncomeCharges | 0.00 | 302.33K | -44.12K | |
| OtherSpecialCharges | -302.33K | -18.20K | ||
| WriteOff | 0.00 | 62.33K | ||
| GainOnSaleOfSecurity | 14.88K | 2.69K | 10.46K | -4.17K |
| NetNonOperatingInterestIncomeExpense | -688.60K | -376.86K | -276.41K | -291.23K |
| InterestExpenseNonOperating | 726.10K | 616.21K | 488.70K | 294.92K |
| InterestIncomeNonOperating | 37.49K | 239.35K | 212.29K | 3.69K |
| OperatingIncome | -15.48M | -14.74M | -12.78M | -7.56M |
| OperatingExpense | 16.39M | 14.98M | 12.84M | 7.51M |
| ResearchAndDevelopment | 2.29M | 1.67M | ||
| SellingGeneralAndAdministration | 14.10M | 13.31M | 12.84M | 7.51M |
| SellingAndMarketingExpense | 2.39M | 1.48M | 2.45M | 1.39M |
| GeneralAndAdministrativeExpense | 11.71M | 11.83M | 10.40M | 6.12M |
| OtherGandA | 11.71M | 11.83M | 10.40M | 6.12M |
| GrossProfit | 905.65K | 240.51K | 59.53K | -46.95K |
| CostOfRevenue | 7.58M | 1.29M | 56.97K | 350.70K |
| TotalRevenue | 8.48M | 1.53M | 116.50K | 303.75K |
| OperatingRevenue | 8.48M | 1.53M | 116.50K | 303.75K |
| Line Item | 2023-12-31 | |||
|---|---|---|---|---|
| TreasurySharesNumber | 0.00 | |||
| OrdinarySharesNumber | 4.02M | 2.03M | 1.72M | 1.70M |
| ShareIssued | 4.02M | 2.03M | 1.72M | 1.70M |
| NetDebt | 120.90K | 2.67M | ||
| TotalDebt | 5.62M | 6.24M | 6.62M | 857.06K |
| TangibleBookValue | 16.46M | 16.84M | 22.85M | 33.59M |
| InvestedCapital | 22.42M | 23.48M | 29.46M | 34.51M |
| WorkingCapital | 7.30M | 1.96M | 15.87M | 32.24M |
| NetTangibleAssets | 16.46M | 16.84M | 22.85M | 33.59M |
| CapitalLeaseObligations | 615.01K | 936.99K | 1.27M | 529.92K |
| CommonStockEquity | 17.41M | 18.18M | 24.12M | 34.18M |
| TotalCapitalization | 22.19M | 18.18M | 29.42M | 34.18M |
| TotalEquityGrossMinorityInterest | 17.41M | 18.18M | 24.12M | 34.18M |
| StockholdersEquity | 17.41M | 18.18M | 24.12M | 34.18M |
| OtherEquityInterest | 2.11M | 1.81M | 589.71K | 428.54K |
| GainsLossesNotAffectingRetainedEarnings | -8.58K | -8.58K | -8.58K | -8.58K |
| ForeignCurrencyTranslationAdjustments | -8.58K | -8.58K | -8.58K | -8.58K |
| RetainedEarnings | -64.48M | -48.31M | -33.38M | -20.85M |
| AdditionalPaidInCapital | 79.78M | 64.69M | 56.92M | 54.61M |
| CapitalStock | 4.02K | 2.03K | 1.72K | 1.70K |
| CommonStock | 4.02K | 2.03K | 1.72K | 1.70K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 8.32M | 7.78M | 8.65M | 2.11M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 5.15M | 608.76K | 6.18M | 316.99K |
| LongTermDebtAndCapitalLeaseObligation | 5.15M | 608.76K | 6.18M | 316.99K |
| LongTermCapitalLeaseObligation | 368.47K | 608.76K | 884.15K | 316.99K |
| LongTermDebt | 4.78M | 5.30M | ||
| CurrentLiabilities | 3.17M | 7.17M | 2.46M | 1.80M |
| CurrentDebtAndCapitalLeaseObligation | 469.53K | 5.63M | 433.43K | 540.07K |
| CurrentCapitalLeaseObligation | 246.53K | 328.23K | 387.33K | 212.93K |
| CurrentDebt | 222.99K | 5.30M | 46.10K | 327.14K |
| OtherCurrentBorrowings | 222.99K | 5.30M | 46.10K | 63.93K |
| CurrentNotesPayable | 0.00 | 263.21K | ||
| PensionandOtherPostRetirementBenefitPlansCurrent | 377.11K | 85.01K | ||
| PayablesAndAccruedExpenses | 2.33M | 1.45M | 2.03M | 1.26M |
| CurrentAccruedExpenses | 800.28K | 190.90K | ||
| Payables | 1.53M | 1.26M | 2.03M | 1.26M |
| TotalTaxPayable | 85.01K | 0.00 | 112.19K | |
| AccountsPayable | 1.53M | 1.26M | 2.03M | 1.14M |
| TotalAssets | 25.74M | 25.95M | 32.76M | 36.29M |
| TotalNonCurrentAssets | 15.26M | 16.83M | 14.43M | 2.26M |
| InvestmentsAndAdvances | 66.31K | 90.73K | 24.42K | 24.42K |
| GoodwillAndOtherIntangibleAssets | 953.05K | 1.34M | 1.27M | 593.05K |
| OtherIntangibleAssets | 953.05K | 1.34M | 1.27M | 593.05K |
| NetPPE | 14.24M | 15.40M | 13.14M | 1.64M |
| AccumulatedDepreciation | -3.03M | -1.66M | -557.35K | -73.27K |
| GrossPPE | 17.27M | 17.07M | 13.70M | 1.72M |
| Leases | 862.50K | 861.33K | 675.75K | 368.23K |
| ConstructionInProgress | 0.00 | 605.00K | 0.00 | |
| OtherProperties | 7.65M | 7.49M | 3.71M | 607.19K |
| MachineryFurnitureEquipment | 441.50K | 398.62K | 390.83K | 226.65K |
| BuildingsAndImprovements | 6.08M | 6.08M | 6.08M | 515.82K |
| LandAndImprovements | 2.24M | 2.24M | 2.24M | 0.00 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 10.48M | 9.12M | 18.33M | 34.03M |
| RestrictedCash | 730.80K | 411.02K | 0.00 | |
| PrepaidAssets | 192.19K | 1.50M | 2.03M | 4.72M |
| Inventory | 5.19M | 3.63M | 1.35M | 501.77K |
| OtherInventories | 101.66K | 50.79K | 728.00 | |
| FinishedGoods | 1.34M | 1.72M | 1.20M | 427.79K |
| WorkInProcess | 473.34K | 101.66K | ||
| RawMaterials | 3.37M | 1.81M | 94.82K | 73.25K |
| Receivables | 212.32K | 628.99K | 330.63K | 247.41K |
| OtherReceivables | 169.73K | 165.87K | 268.03K | 184.72K |
| AccountsReceivable | 42.59K | 463.12K | 62.60K | 62.68K |
| CashCashEquivalentsAndShortTermInvestments | 4.88M | 2.63M | 14.21M | 28.57M |
| CashAndCashEquivalents | 4.88M | 2.63M | 14.21M | 28.57M |
| CashFinancial | 14.21M | 28.57M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -10.67M | -15.62M | -19.13M | -5.34M |
| RepaymentOfDebt | -12.09M | -43.90K | -128.39K | -62.91K |
| IssuanceOfDebt | 11.79M | 0.00 | 5.30M | 0.00 |
| IssuanceOfCapitalStock | 8.74M | 4.48M | 0.00 | 24.40M |
| CapitalExpenditure | -528.24K | -3.69M | -11.15M | -1.13M |
| InterestPaidSupplementalData | 669.00K | 626.00K | 479.00K | 0.00 |
| IncomeTaxPaidSupplementalData | 0.00 | 0.00 | 0.00 | |
| EndCashPosition | 4.88M | 3.37M | 14.62M | 28.57M |
| BeginningCashPosition | 3.37M | 14.62M | 28.57M | 1.11M |
| ChangesInCash | 1.52M | -11.25M | -13.95M | 27.46M |
| FinancingCashFlow | 12.18M | 4.43M | 5.18M | 32.80M |
| CashFlowFromContinuingFinancingActivities | 12.18M | 4.43M | 5.18M | 32.80M |
| NetOtherFinancingCharges | 10.55K | 12.15K | ||
| ProceedsFromStockOptionExercised | 3.75M | 0.00 | 0.00 | 8.45M |
| NetCommonStockIssuance | 8.74M | 4.48M | 0.00 | 24.40M |
| CommonStockIssuance | 8.74M | 4.48M | 0.00 | 24.40M |
| NetIssuancePaymentsOfDebt | -298.19K | -43.90K | 5.18M | -62.91K |
| NetShortTermDebtIssuance | -5.33M | -43.90K | 10.55K | -62.91K |
| ShortTermDebtPayments | -5.33M | -43.90K | -128.39K | -62.91K |
| NetLongTermDebtIssuance | 5.03M | 0.00 | 5.17M | -62.91K |
| LongTermDebtPayments | -6.76M | 0.00 | -128.39K | -62.91K |
| LongTermDebtIssuance | 11.79M | 0.00 | 5.30M | 0.00 |
| InvestingCashFlow | -528.24K | -3.76M | -11.15M | -1.13M |
| CashFlowFromContinuingInvestingActivities | -528.24K | -3.76M | -11.15M | -1.13M |
| NetInvestmentPurchaseAndSale | 0.00 | -66.31K | 0.00 | 0.00 |
| PurchaseOfInvestment | 0.00 | |||
| NetIntangiblesPurchaseAndSale | 0.00 | -103.33K | -29.95K | |
| PurchaseOfIntangibles | 0.00 | -103.33K | -29.95K | |
| NetPPEPurchaseAndSale | -528.24K | -3.69M | -11.05M | -1.10M |
| PurchaseOfPPE | -528.24K | -3.69M | -11.05M | -1.10M |
| OperatingCashFlow | -10.14M | -11.93M | -7.98M | -4.21M |
| CashFlowFromContinuingOperatingActivities | -10.14M | -11.93M | -7.98M | -4.21M |
| ChangeInWorkingCapital | 1.30M | -3.85M | -565.38K | -612.77K |
| ChangeInOtherCurrentLiabilities | 0.00 | 8.74K | -2.11K | |
| ChangeInPayablesAndAccruedExpense | 1.17M | -492.11K | 883.15K | 251.48K |
| ChangeInPayable | -492.11K | 883.15K | 251.48K | |
| ChangeInAccountPayable | -577.12K | 995.34K | 187.51K | |
| ChangeInTaxPayable | 85.01K | -112.19K | 63.97K | |
| ChangeInIncomeTaxPayable | 85.01K | -112.19K | 63.97K | |
| ChangeInPrepaidAssets | 1.31M | -776.71K | -529.44K | -382.07K |
| ChangeInInventory | -1.56M | -2.29M | -844.60K | -460.97K |
| ChangeInReceivables | 383.70K | -298.35K | -83.23K | -19.11K |
| ChangesInAccountReceivables | 387.56K | -400.52K | 83.00 | -2.23K |
| OtherNonCashItems | 2.92M | 5.74M | 4.94M | 4.19M |
| ProvisionandWriteOffofAssets | 57.40K | 0.00 | ||
| AssetImpairmentCharge | 0.00 | 62.33K | ||
| DepreciationAmortizationDepletion | 1.75M | 1.11M | 486.58K | 66.88K |
| DepreciationAndAmortization | 1.75M | 1.11M | 486.58K | 66.88K |
| Depreciation | 211.74K | |||
| OperatingGainsLosses | -302.33K | -18.20K | ||
| NetIncomeFromContinuingOperations | -16.16M | -14.93M | -12.53M | -7.90M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for WKSP
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|