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Stocks · Consumer discretionary · Motor Vehicle Parts & Accessories

Worksport Ltd

WKSP Clue Score77
United States Fiscal year ends December CIK 0001096275
$0.40 -3.11% Close, 12 Oct 2026
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Price $0.40 −93.26% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue0.4Operating income−0.4Net income−1.1Fiscal year 2017Revenue0.4 +13.2%Operating income−1.8Net income−3.4Fiscal year 2018Revenue0.5 +17.8%Operating income−1.2Net income−1.8Fiscal year 2019Revenue1.9 +300.1%Operating income−0.5Net income−0.4Fiscal year 2020Revenue0.3 −82.0%Operating income−1.0Net income−1.2Fiscal year 2021Revenue0.3 −12.2%Operating income−7.6Net income−7.9EPS, diluted−0.69Fiscal year 2022Revenue0.1 −61.6%Operating income−12.8Net income−12.5EPS, diluted−0.73Fiscal year 2023Revenue1.5 +1,213.0%Operating income−14.7Net income−14.9EPS, diluted−8.44Fiscal year 2024Revenue8.5 +454.7%Operating income−15.5Net income−16.2EPS, diluted−5.84Fiscal year 2025Revenue16.1 +89.8%Operating income−18.8EPS, diluted−3.16
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 0.4 0.4 0.5 1.9 0.3 0.3 0.1 1.5 8.5 16.1
Growth +13.2% +17.8% +300.1% −82.0% −12.2% −61.6% +1,213.0% +454.7% +89.8%
Operating income −0.4 −1.8 −1.2 −0.5 −1.0 −7.6 −12.8 −14.7 −15.5 −18.8
Net income −1.1 −3.4 −1.8 −0.4 −1.2 −7.9 −12.5 −14.9 −16.2 n/a
Growth
EPS, diluted n/a n/a n/a n/a n/a −0.69 −0.73 −8.44 −5.84 −3.16

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin7.5%Operating margin−100.3%Net margin−314.6%Free cash flow margin−65.8%Fiscal year 2017Gross margin43.3%Operating margin−435.6%Net margin−832.7%Free cash flow margin−48.9%Fiscal year 2018Gross margin20.1%Operating margin−251.5%Net margin−366.1%Free cash flow margin−79.2%Fiscal year 2019Gross margin12.4%Operating margin−27.9%Net margin−18.6%Free cash flow margin−5.2%Fiscal year 2020Gross margin13.6%Operating margin−284.9%Net margin−343.1%Free cash flow margin−203.1%Fiscal year 2021Gross margin−15.5%Operating margin−2,489.5%Net margin−2,599.9%Free cash flow margin−1,748.9%Fiscal year 2022Gross margin51.1%Operating margin−10,964.4%Net margin−10,759.0%Free cash flow margin−16,330.5%Fiscal year 2023Gross margin15.7%Operating margin−963.4%Net margin−976.0%Free cash flow margin−1,021.2%Fiscal year 2024Gross margin10.7%Operating margin−182.3%Net margin−190.5%Free cash flow margin−125.7%Fiscal year 2025Gross margin27.8%Operating margin−116.8%Free cash flow margin−112.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 7.5% 43.3% 20.1% 12.4% 13.6% −15.5% 51.1% 15.7% 10.7% 27.8%
Operating margin −100.3% −435.6% −251.5% −27.9% −284.9% −2,489.5% −10,964.4% −963.4% −182.3% −116.8%
Net margin −314.6% −832.7% −366.1% −18.6% −343.1% −2,599.9% −10,759.0% −976.0% −190.5% n/a
Free cash flow margin −65.8% −48.9% −79.2% −5.2% −203.1% −1,748.9% −16,330.5% −1,021.2% −125.7% −112.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−0.2Capital expenditure−0.0Free cash flow−0.2Fiscal year 2017Operating cash flow−0.2Capital expenditure−0.0Free cash flow−0.2Fiscal year 2018Operating cash flow−0.4Capital expenditure−0.0Free cash flow−0.4Fiscal year 2019Operating cash flow−0.0Capital expenditure−0.1Free cash flow−0.1Fiscal year 2020Operating cash flow−0.7Capital expenditure−0.0Free cash flow−0.7Fiscal year 2021Operating cash flow−4.2Capital expenditure−1.1Free cash flow−5.3Fiscal year 2022Operating cash flow−8.0Capital expenditure−11.0Free cash flow−19.0Fiscal year 2023Operating cash flow−11.9Capital expenditure−3.7Free cash flow−15.6Fiscal year 2024Operating cash flow−10.1Capital expenditure−0.5Free cash flow−10.7Fiscal year 2025Operating cash flow−17.3Capital expenditure−0.8Free cash flow−18.1
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −0.2 −0.2 −0.4 −0.0 −0.7 −4.2 −8.0 −11.9 −10.1 −17.3
Capital expenditure −0.0 −0.0 −0.0 −0.1 −0.0 −1.1 −11.0 −3.7 −0.5 −0.8
Free cash flow −0.2 −0.2 −0.4 −0.1 −0.7 −5.3 −19.0 −15.6 −10.7 −18.1
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Shareholders’ equity−1.0Fiscal year 2017Cash0.1Shareholders’ equity0.4Fiscal year 2018Cash0.0Shareholders’ equity−0.2Fiscal year 2019Cash0.0Shareholders’ equity−0.9Fiscal year 2020Cash1.1Shareholders’ equity0.2Fiscal year 2021Cash28.6Shareholders’ equity34.2Fiscal year 2022Cash14.6Shareholders’ equity24.1Fiscal year 2023Cash3.4Total debt10.6Net cash (debt)−7.2Shareholders’ equity18.2Debt to equity0.58Fiscal year 2024Cash4.9Total debt5.5Net cash (debt)−0.6Shareholders’ equity17.4Debt to equity0.32Fiscal year 2025Cash5.9Total debt2.6Net cash (debt)3.3Shareholders’ equity22.9Debt to equity0.12
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash n/a 0.1 0.0 0.0 1.1 28.6 14.6 3.4 4.9 5.9
Total debt n/a n/a n/a n/a n/a n/a n/a 10.6 5.5 2.6
Net cash (debt) n/a n/a n/a n/a n/a n/a n/a −7.2 −0.6 3.3
Shareholders’ equity −1.0 0.4 −0.2 −0.9 0.2 34.2 24.1 18.2 17.4 22.9
Debt to equity n/a n/a n/a n/a n/a n/a n/a 0.58 0.32 0.12

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
7.5% 43.3% 20.1% 12.4% 13.6% −15.5% 51.1% 15.7% 10.7% 27.8%
−100.3% −435.6% −251.5% −27.9% −284.9% −2,489.5% −10,964.4% −963.4% −182.3% −116.8%
n/a n/a n/a n/a n/a n/a n/a −976.0% −190.5% −120.2%
−314.6% −832.7% −366.1% −18.6% −343.1% −2,599.9% −10,759.0% −976.0% −190.5% n/a
−65.8% −48.9% −79.2% −5.2% −203.1% −1,748.9% −16,330.5% −1,021.2% −125.7% −112.4%
Spending
n/a n/a n/a n/a n/a n/a n/a 109.1% 27.0% 9.6%
35.0% 374.7% 55.8% 12.4% 58.3% 610.8% 4,273.4% 906.6% 172.3% 133.2%
0.2% 1.2% 0.4% 5.1% 2.3% 362.7% 9,482.6% 241.2% 6.2% 4.9%
Returns
n/a −916.0% n/a n/a −700.8% −23.1% −52.0% −82.1% −92.8% n/a
−337.4% −375.8% −316.3% −74.6% −62.4% −21.8% −38.3% −57.5% −62.8% n/a
Balance and payout
n/a n/a n/a n/a n/a n/a n/a 0.58 0.32 0.12
398.4% 59.0% 140.1% 283.4% 91.1% 5.8% 26.4% 30.0% 32.3% 25.5%