
Worksport Ltd. (WKSP) Discusses Earnings Results, Operating Progress and Strategic Priorities Transcript
Worksport Ltd., through its subsidiary, designs, manufactures and distributes truck covers in Canada and the United States. The company is headquartered in Vaughan, Canada.
| Revenue (TTM) | $18.30M |
| Gross Profit (TTM) | $5.50M |
| EBITDA | $-18.72M |
| Operating Margin | -73.10% |
| Return on Equity | -115.10% |
| Return on Assets | -49.60% |
| Revenue/Share (TTM) | $1.94 |
| Book Value | $1.68 |
| Price-to-Book | 0.56 |
| Price-to-Sales (TTM) | 0.55 |
| EV/Revenue | 0.819 |
| EV/EBITDA | -1.58 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 27.40% |
| Shares Outstanding | $15.30M |
| Float | $11.80M |
| % Insiders | 5.43% |
| % Institutions | 6.18% |
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Worksport Ltd. (WKSP) Discusses Earnings Results, Operating Progress and Strategic Priorities Transcript

Worksport Ltd. (WKSP) Q2 2026 Earnings Call Transcript

Gross profit increased 93% from Q1 as operating expenses declined 17%, demonstrating strong sequential operating performance Q2 net sales reached a record $5.23 million, up 27% year-over-year and 58% sequentially WEST SENECA, NY / ACCESS Newswire / August 11, 2026 / Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today announced financial results for the second quarter ended June 30, 2026, delivering record quarterly net sales of $5.23 million, an increase of 27.4% year-over-year and 57.9% from the first quarter of 2026.

Worksport will host its Q2 2026 earnings conference call on August 11, 2026, at 4:30 p.m. ET, following market close, with an investor townhall immediately afterward featuring CEO commentary, business updates, and shareholder Q&A.

Net sales increase 46%, while gross profit materially outpaces top-line growth, Company materially closer to cash-flow breakeven. WEST SENECA, NY / ACCESS Newswire / July 22, 2026 / Worksport Ltd.

Worksport Ltd. (WKSP) Discusses Business Updates and Strategic Focus for Second Half of the Year Transcript

CEO Shares Letter to Shareholders, inviting them to attend the townhall; Management to discuss Nasdaq bid price compliance, 35% May gross margin, Meyer Distributing, $36M+ revenue run-rate target, direct investments, insider alignment, NEXUS traction, Terravis Energy, and the Company's 2026 execution plan. The live event will provide shareholders an opportunity to hear directly from CEO Steven Rossi and ask questions about Worksport's business momentum and long-term value creation strategy.

Company announces three major operating inflections: preliminary May record breaking gross margin of approximately 35% (up 660 Basis Points), a new Meyer Distributing relationship, and a $36M+ 12-month revenue opportunity supported by accelerating B2C and B2B growth. The announcement follows last week's premium-priced direct investment and highlights the distribution scale, margin expansion, and revenue drivers that management believes lead the Company's path toward near-term operational cash-flow positivity.

Major Investor Completes a Direct Investment Priced at $1.20 per Share - a Premium of More Than 100% to Recent Trading Levels The Investor Has Also Expressed Interest in Evaluating Up to $10 Million in Potential Additional Financing as Worksport Advances Its 2026 Growth Plan WEST SENECA, NY / ACCESS Newswire / June 18, 2026 / Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today announced a premium-priced direct investment from a specialized private investment firm based in Jericho, New York.

Founder & CEO continues to acquire equity , reflecting his confidence in the Company's progress toward achieving operational cash-flow positivity and his belief that the Company's current market valuation, trading significantly below book-value . does not fully reflect its underlying business, or growth potential.
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