Worksport Ltd.
General ticker "WKSP" information:
- Sector: Consumer Discretionary
- Industry: Auto - Parts
- Capitalization: $15.4M (TTM average)
Worksport Ltd. does not follow the US Stock Market performance with the rate: -19.6%.
Estimated limits based on current volatility of 5.2%: low 0.69$, high 0.76$
Factors to consider:
- Total employees count: 72 (+188.0%) as of 2023
- Company does not operate outside North America (retrieved using AI)
- Top business risk factors: Going concern, Refinancing risk, Economic downturns and volatility, Reputation and brand risks, Funding dependency
- Current price 43.1% below estimated low
- Earnings for 3 months up through Q1 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-12-31 to 2027-12-31
- 2025-12-31 to 2026-12-31 estimated range: [1.21$, 3.81$]
- 2026-12-31 to 2027-12-31 estimated range: [0.97$, 3.15$]
Financial Metrics affecting the WKSP estimates:
- Positive: with PPE of -0.7 at the end of fiscal year the price was neutral
- Negative: negative Operating cash flow
- Negative: negative Operating income
- Positive: Industry inventory ratio change (median), % of 0.16 <= 0.28
- Positive: 2.88 < Industry operating profit margin (median), % of 3.05
- Positive: 5.46 < Industry operating cash flow per share per price (median), % of 10.35
- Positive: Shareholder equity ratio, % of 74.53 > 64.29
Short-term WKSP quotes
Long-term WKSP plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $1.53MM | $8.50MM | $16.10MM |
| Operating Expenses | $16.27MM | $23.97MM | $34.92MM |
| Operating Income | $-14.74MM | $-15.47MM | $-18.81MM |
| Non-Operating Income | $-0.19MM | $-0.70MM | $-0.53MM |
| Interest Expense | $0.62MM | $0.73MM | $0.59MM |
| R&D Expense | $1.67MM | $2.29MM | $1.54MM |
| Income(Loss) | $-14.93MM | $-16.16MM | $-19.35MM |
| Net Income(Loss)* | $-14.93MM | $-16.16MM | $-19.35MM |
| Stockholders Equity | $18.18MM | $17.41MM | $22.93MM |
| Inventory | $3.63MM | $5.19MM | $9.53MM |
| Assets | $25.95MM | $25.74MM | $30.77MM |
| Operating Cash Flow | $-11.93MM | $-10.14MM | $-17.31MM |
| Capital expenditure | $3.69MM | $0.53MM | $0.79MM |
| Investing Cash Flow | $-3.76MM | $-0.53MM | $-1.12MM |
| Financing Cash Flow | $4.43MM | $12.18MM | $19.50MM |
| Earnings Per Share** | $-2.07 | $-5.84 | $-3.15 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.