Worksport Ltd (WKSP)
↓ Download CSV- Sector Manufacturing
- Incorporated NV
- Fiscal year ends Dec 31
In fiscal 2025, Worksport Ltd reported revenue of $16.10M, up 89.8% from the prior year. The company ran a net loss, with a net margin of -120.2% and a gross margin of 27.8%. It held $30.71M in total assets against $7.84M in total liabilities.
Key ratios (FY2025)
27.8%
Gross margin
-116.8%
Operating margin
-120.2%
Net margin
-84.6%
Return on equity
+89.8%
Revenue growth (YoY)
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.10M | $8.48M | $1.53M | $116.5K | $303.8K | $346.1K | $1.93M | $481.5K | $408.7K | — |
| Cost of Revenue | $11.63M | $7.58M | $1.29M | $57.0K | $350.7K | $299.0K | $1.69M | $384.9K | $231.8K | $334.1K |
| Gross Profit | $4.47M | $905.6K | $240.5K | $59.5K | -$47.0K | $47.1K | $238.5K | $96.6K | $176.9K | $27.1K |
| Operating Income | -$18.81M | -$15.47M | -$14.74M | -$12.77M | -$7.56M | -$986.2K | -$537.9K | -$1.21M | -$1.78M | -$362.2K |
| Net Income | -$19.35M | -$16.16M | $14.93M | $12.53M | $7.90M | — | — | — | — | — |
| EPS (Diluted) | $-3.16 | $-5.84 | $-8.44 | $-0.73 | $-0.69 | — | — | — | — | — |
| Total Assets | $30.71M | $25.74M | $25.95M | $32.76M | $36.29M | $1.90M | $481.3K | $557.4K | $905.5K | $336.7K |
| Total Liabilities | $7.84M | $8.32M | $7.78M | $8.65M | $2.11M | $1.73M | $1.36M | $780.9K | $533.9K | $1.34M |
| Shareholders' Equity | $22.88M | $17.41M | $18.18M | $24.12M | $34.18M | $169.5K | -$882.6K | -$223.6K | $371.5K | -$1.00M |
| Cash & Equivalents | $5.95M | $4.88M | $3.37M | $14.62M | $28.57M | $1.11M | $12.0K | $25.3K | $67.0K | — |
| Operating Cash Flow | -$17.31M | -$10.14M | -$11.93M | -$7.98M | -$4.21M | -$695.1K | -$2.2K | -$379.3K | -$194.9K | -$237.0K |
| Capital Expenditures | $789.5K | $528.2K | $3.69M | $11.05M | $1.10M | $8.0K | $98.4K | $1.9K | $4.9K | $551 |
| Shares Outstanding | 9.81M | 4.02M | 2.03M | 17.16M | 16.95M | 3.82M | 41.91M | 24.63M | 20.39M | 68.09M |