WKSP Worksport Ltd

  1. Stocks
  2. Consumer Cyclical
  3. NASDAQ: WKSP

Price (delayed)

$0.588

Market cap

$9M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$2.34

Enterprise value

$13.31M

?
Relative Growth: Rel. Growth: 90
Relative Strength: Rel. Strength: 2
Relative Valuation: Rel. Valuation: 37
Relative Profitability: Rel. Profitability: 10

Worksport Ltd. (Nasdaq: WKSP; WKSPW), through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy ...

Highlights
WKSP's gross profit has surged by 168% year-on-year and by 12% since the previous quarter
The gross margin has soared by 82% year-on-year and by 4.9% since the previous quarter
The company's equity rose by 10% YoY but it fell by 4.5% QoQ
The debt has soared by 77% YoY and by 50% from the previous quarter
The net income has contracted by 26% YoY
Sector: Consumer Cyclical
Industry: Auto Parts
Website: http://www.worksport.com
Peers: RPRX

Key stats

What are the main financial stats of WKSP

WKSP stock price

How has the Worksport stock price performed over time
Intraday
-3.59%
1 week
-15.74%
1 month
-11.47%
1 year
-80%
YTD
-72.39%
QTD
-46.06%

Financial performance

How have Worksport's revenue and profit performed over time
Revenue
$18.3M
Gross profit
$5.5M
Operating income
-$20.49M
Net income
-$20.95M
Gross margin
30.1%
Net margin
-114.5%
WKSP's gross profit has surged by 168% year-on-year and by 12% since the previous quarter
The gross margin has soared by 82% year-on-year and by 4.9% since the previous quarter
The revenue has grown by 48% YoY and by 7% from the previous quarter
The operating income has contracted by 30% YoY

Price vs fundamentals

How does WKSP's price correlate with its fundamentals

Growth

What is Worksport's growth rate over time

Valuation

What is Worksport stock price valuation
P/E
N/A
P/B
0.39
P/S
0.38
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.73
WKSP's EPS is up by 46% year-on-year and by 14% since the previous quarter
WKSP's P/B is 68% below its 5-year quarterly average of 1.2 and 51% below its last 4 quarters average of 0.8
The company's equity rose by 10% YoY but it fell by 4.5% QoQ
The P/S is 100% below the 5-year quarterly average of 78.8 and 58% below the last 4 quarters average of 0.9
The revenue has grown by 48% YoY and by 7% from the previous quarter

Efficiency

How efficient is Worksport business performance
The return on invested capital has declined by 25% year-on-year but it has increased by 7% since the previous quarter
WKSP's return on sales is up by 13% year-on-year and by 5% since the previous quarter
The ROA has decreased by 12% YoY but it has increased by 2.9% from the previous quarter
Worksport's return on equity has decreased by 10% YoY

Dividends

What is WKSP's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for WKSP.

Financial health

How did Worksport financials performed over time
The current ratio has soared by 94% from the previous quarter and by 67% YoY
Worksport's total liabilities has increased by 44% YoY and by 14% from the previous quarter
The debt is 71% less than the equity
The debt has soared by 77% YoY and by 50% from the previous quarter
The company's debt to equity has surged by 61% QoQ and by 61% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.