Worksport Ltd.
General ticker "WKSP" information:
- Sector: Consumer Discretionary
- Industry: Auto - Parts
- Capitalization: $27.5M (TTM average)
Worksport Ltd. does not follow the US Stock Market performance with the rate: -2.2%.
Estimated limits based on current volatility of 3.3%: low 2.17$, high 2.32$
Factors to consider:
- Earnings expected soon, date: 2026-01-19 amc
- 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 and interest rates, Economic downturns and volatility, Reputation and brand risks, Funding dependency
- Current price 38.6% below estimated low
- Earnings for 9 months up through Q3 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [4.71$, 12.67$]
- 2025-12-31 to 2026-12-31 estimated range: [3.75$, 10.39$]
Financial Metrics affecting the WKSP estimates:
- Positive: with PPE of -1.3 at the end of fiscal year the price was neutral
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -41.82 <= 0.04
- Positive: Industry operating cash flow per share per price (median), % of 10.23 > 10.14
- Positive: Interest expense per share per price, % of 3.00 <= 3.31
- Positive: Shareholder equity ratio, % of 67.66 > 64.17
- Positive: 0.07 < Industry earnings per price (median), % of 1.37
- Positive: Inventory ratio change, % of -32.41 <= -0.76
Short-term WKSP quotes
Long-term WKSP plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $0.12MM | $1.53MM | $8.48MM |
| Operating Expenses | $12.89MM | $16.27MM | $23.95MM |
| Operating Income | $-12.77MM | $-14.74MM | $-15.47MM |
| Non-Operating Income | $0.24MM | $-0.19MM | $-0.70MM |
| Interest Expense | $0.49MM | $0.62MM | $0.73MM |
| R&D Expense | $0.00MM | $1.67MM | $2.29MM |
| Income(Loss) | $-12.53MM | $-14.93MM | $-16.16MM |
| Profit(Loss)* | $-12.53MM | $-14.93MM | $-16.16MM |
| Stockholders Equity | $24.12MM | $18.18MM | $17.41MM |
| Inventory | $1.35MM | $3.63MM | $5.19MM |
| Assets | $32.76MM | $25.95MM | $25.74MM |
| Operating Cash Flow | $-7.98MM | $-11.93MM | $-10.14MM |
| Capital expenditure | $11.15MM | $3.69MM | $0.53MM |
| Investing Cash Flow | $-11.15MM | $-3.76MM | $-0.53MM |
| Financing Cash Flow | $5.18MM | $4.43MM | $12.18MM |
| Earnings Per Share** | $-1.74 | $-2.07 | $-5.84 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.