WKSP · Worksport Ltd
$0.66
-0.04 (-6.13%)
At close · Aug 17
Going-concern doubt
— flagged Aug 11, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company has evaluated whether there are conditions and events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern within one year after the date the consolidated financial statements are issued. Still, certain factors indicate the existence of a material uncertainty that cast substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 11, 2026
Market Cap
$10.68M
Shares
15.30M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$16.1M
+89.8%
FY2025
Net Income
-$19.35M
-421%
FY2025
Gross Margin
27.79%
+17.1pp
FY2025
Operating Margin
-116.84%
+65.4pp
FY2025
Diluted EPS
-$3.16
+45.9%
FY2025
Operating Cash Flow
-$17.31M
-70.8%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $18.3M | $16.1M | $8.48M | $1.53M | $116.5K | $303.75K | $346.14K | $1.93M | $481.52K | $408.7K | $361.12K | $651.67K | $593K | $465.81K | $0 | $0 | |
| $12.8M | $11.63M | $7.58M | $1.29M | $56.97K | $350.7K | $299K | $1.69M | $384.91K | $231.77K | $334.06K | $532.58K | $435.4K | $347.75K | — | — | |
| $5.5M | $4.47M | $905.65K | $240.51K | $59.54K | -$46.95K | $47.15K | $238.55K | $96.61K | $176.93K | $27.06K | $119.09K | $157.6K | $118.06K | — | — | |
| — | 27.79% | 10.67% | 15.72% | 51.1% | -15.46% | 13.62% | 12.38% | 20.06% | 43.29% | 7.49% | 18.27% | 26.58% | 25.35% | — | — | |
| $1.28M | $1.54M | $2.29M | $1.67M | — | — | — | — | — | — | — | $47.35K | $4932 | $659 | — | — | |
| $8.64M | $6.95M | $2.39M | $1.48M | $2.45M | $1.39M | $148.01K | $50.16K | $90.57K | — | — | — | — | — | — | — | |
| $16.09M | $14.81M | $11.71M | $7.97M | $4.98M | $1.86M | $201.93K | $238.84K | $268.71K | $1.53M | $126.28K | $262.64K | $47.69K | $52.4K | $22.55K | $11.91K | |
| $24.21M | $21.45M | $14.62M | $13.87M | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | $308 | $326 | $129 | — | — | — | |
| $1.79M | $1.83M | $1.75M | $1.11M | $486.58K | $66.88K | $26.96K | $11.44K | $1516 | $1290 | $998 | $882 | — | — | $0 | $0 | |
| $26M | $23.29M | $16.37M | $14.98M | $12.83M | $7.51M | $1.03M | $776.4K | $1.31M | $1.96M | $389.28K | $3.54M | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | $3.61M | $636.94K | $153.07K | — | — | |
| -$20.5M | -$18.81M | -$15.47M | -$14.74M | -$12.77M | -$7.56M | -$986.24K | -$537.85K | -$1.21M | -$1.78M | -$362.22K | -$3.43M | -$17.45K | -$19.1K | -$22.55K | -$11.91K | |
| — | -116.84% | -182.29% | -963.41% | -10964.37% | -2489.46% | -284.92% | -27.92% | -251.52% | -435.65% | -100.3% | -525.7% | -2.94% | -4.1% | — | — | |
| -$18.71M | -$16.98M | -$13.71M | -$13.63M | -$12.29M | -$7.49M | -$959.28K | -$526.41K | -$1.21M | -$1.78M | -$361.22K | -$3.42M | — | — | -$22.55K | -$11.91K | |
| $508.38K | $592.76K | $726.1K | $616.21K | $488.7K | $294.92K | $386.25K | $71.96K | $55.55K | $13.31K | $20.77K | $10.85K | — | — | $0 | $0 | |
| — | — | $37.49K | $239.35K | — | — | — | — | — | — | — | — | — | — | — | — | |
| -$448.96K | -$538.87K | -$697.96K | -$192.3K | $239.3K | -$335.35K | -$201.38K | $178.82K | -$551.91K | -$1.62M | -$774K | -$61.95K | — | — | — | — | |
| — | -$19.35M | -$16.16M | -$14.93M | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | $1927 | $0 | $0 | |
| $14.5M | -$19.35M | -$3.71M | -$14.93M | -$12.53M | -$7.9M | -$1.19M | -$359.03K | -$1.76M | -$3.4M | -$1.14M | -$3.49M | -$479.34K | -$36.94K | -$22.55K | -$11.91K | |
| — | -120.19% | -43.78% | -975.98% | -10758.97% | -2599.86% | -343.1% | -18.64% | -366.14% | -832.66% | -314.64% | -535.21% | -80.83% | -7.93% | — | — | |
| — | — | — | — | — | — | -$1.19M | -$364K | -$1.72M | -$3.44M | — | — | — | — | — | — | |
| USD/shares | — | -$3.16 | -$5.84 | -$8.44 | -$7.30 | -$6.90 | — | — | — | — | — | — | — | — | — | — |
| USD/shares | — | -$3.16 | -$5.84 | -$8.44 | -$7.30 | -$6.90 | — | — | — | — | — | — | — | — | — | — |
| shares | — | 6.14M | 2.77M | 1.77M | 1.71M | 1.15M | 273.45K | 184.12K | 111.74K | 101.94K | 336.35K | 202.3K | 629.005 | 0.5 | — | — |
| shares | — | 6.14M | 2.77M | 1.77M | 1.71M | 1.15M | 273.45K | 184.12K | 111.74K | 101.94K | 336.35K | 202.3K | 629.005 | 0.5 | — | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
0.81×
Auto Parts median 0.87×
EV/EBIT
—
Auto Parts median 17.96×
P/E (TTM)
—
Auto Parts median 20.77×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Hard Tonneau Covers | $15,647,276 | $5,171,201 | — |
| Soft Tonneau Covers | $454,462 | $3,313,178 | $1,529,632 |
| Corporate Eliminations | — | — | $243,898 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $16,010,083 | $8,397,570 | $1,510,177 |
| Non Us | $91,655 | $86,809 | — |
| Canada | — | — | $6,811 |
| Other | — | — | $12,644 |
Key facts
CIK
1096275
CUSIP
98139Q308
13F (30d)
27 filings
27 filers
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