Worksport Ltd.
General ticker "WKSP" information:
- Sector: Consumer Discretionary
- Industry: Auto - Parts
- Capitalization: $10.6M (TTM average)
Worksport Ltd. does not follow the US Stock Market performance with the rate: -21.4%.
Estimated limits based on current volatility of 3.6%: low 0.36$, high 0.39$
Factors to consider:
- Total employees count: 122 (+52.5%) as of 2025
- US accounted for 60.1% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Going concern doubt, Inability to raise capital, Net losses continue, Reputation and brand risks, Product development delays
- Current price 71.8% below estimated low
- Earnings for 6 months up through Q2 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: [1.25$, 3.89$]
- 2026-12-31 to 2027-12-31 estimated range: [0.98$, 3.15$]
Financial Metrics affecting the WKSP estimates:
- Positive: with PPE of -0.7 at the end of fiscal year the price was neutral
- Positive: 0.59 < Industry operating profit margin (median), % of 2.12
- Positive: Inventory ratio change, % of -0.73 <= -0.37
- Positive: Industry inventory ratio change (median), % of 0.56 <= 1.15
- Positive: 9.52 < Industry operating cash flow per share per price (median), % of 10.29
- Positive: -11.23 < Investing cash flow per share per price, % of -7.92
- Negative: negative Operating income
- Positive: Interest expense per share per price, % of 4.19 <= 4.56
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 | $0.00MM | $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.