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Worksport Ltd  (WKSP)
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Price: $1.2200 $-0.02 -1.613%
Day's High: $1.26 Week Perf: -13.48 %
Day's Low: $ 1.21 30 Day Perf: -4.69 %
Volume (M): 108 52 Wk High: $ 4.33
Volume (M$): $ 132 52 Wk Avg: $2.04
Open: $1.26 52 Wk Low: $1.18



 Market Capitalization (Millions $) 21
 Shares Outstanding (Millions) 17
 Employees -
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -14
 Cash Flow (TTM) (Millions $) -14
 Capital Exp. (TTM) (Millions $) 5

Worksport Ltd
Worksport Ltd. is a truck accessory company that specializes in the design and manufacturing of innovative tonneau covers and truck bed accessories. They are known for their durable and functional products that provide protection and organization to truck owners. Worksport offers a range of tonneau cover options, including retractable, folding, and roll-up styles to suit different customer needs. With a commitment to innovation and quality, Worksport Ltd. continues to establish itself as a leading provider of truck bed accessories in the automotive industry.


   Company Address: 2500 N America Dr West Seneca 14224 NY
   Company Phone Number: 554-8789   Stock Exchange / Ticker: NASDAQ WKSP
   WKSP is expected to report next financial results on March 30, 2024.


   

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Worksport Ltd

Worksport Ltd Skyrockets with 199% YTD Stock Price Increase and Staggering 1667.811% Revenue Surge in Q2 2023

Over the past five days, there has been a significant drop in the stock price of Worksport Ltd, a company traded on the NASDAQ. The stock has decreased by 7.05%, causing concern among investors. However, it is important to look at the bigger picture and consider the year-to-date performance, which paints a more positive picture. Worksport Ltd has actually seen a remarkable increase of 199% in its stock price performance so far this year.
One contributing factor to this growth is the company's announcement of a solid revenue improvement. In the fiscal second quarter of 2023, Worksport Ltd experienced a staggering 1667.811% year-on-year revenue increase, reaching $0.20 million. This is a significant improvement for the company. However, it is also worth noting that the company's loss per share has increased to $-0.22, compared to the previous quarter's loss per share of $-0.21.

Worksport Ltd

Worksport Ltd Faces Alarming Revenue Deterioration, with a -33.189% Drop in Fiscal Year Ending March 31, 2023

Worksport Ltd, a leading designer and manufacturer of innovative tonneau covers for light-duty trucks in North America, has recently announced its financial results for the time-frame closing March 31, 2023. The company's financial statements indicate an increase in its net deficit per share to $-0.21 per share, compared to $-0.17 per share a year ago. This represents a decrease in the financial performance of Worksport Ltd and indicates that the company is facing financial challenges.
Additionally, Worksport Ltd announced that its revenue for the time-frame closing March 31, 2023, decreased by -33.189% to $0.03 million in comparison to $0.05 million in the same quarter last year. Sequentially revenue was down -18.273% from $0.04 million in the last quarter. This is another sign that the company has experienced a significant decline in its financial performance over the past year.






 

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