Worksport Financial Statements From 2010 to 2024

WKSP Stock  USD 0.61  0.03  4.69%   
Worksport financial statements provide useful quarterly and yearly information to potential Worksport investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Worksport financial statements helps investors assess Worksport's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Worksport's valuation are summarized below:
Gross Profit
-47 K
Market Capitalization
21 M
Enterprise Value Revenue
3.9397
Revenue
3.7 M
Earnings Share
(0.66)
There are currently one hundred twenty fundamental gauges for Worksport that can be evaluated and compared over time across peers. Investors and active traders are advised to confirm Worksport's prevalent fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 11/25/2024, Market Cap is likely to grow to about 27.7 M. Also, Enterprise Value is likely to grow to about 30.7 M

Worksport Total Revenue

1.61 Million

Check Worksport financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worksport's main balance sheet or income statement drivers, such as Interest Expense of 647 K, Selling General Administrative of 14.2 M or Other Operating Expenses of 17.1 M, as well as many indicators such as Price To Sales Ratio of 21.16, Dividend Yield of 0.0 or PTB Ratio of 1.38. Worksport financial statements analysis is a perfect complement when working with Worksport Valuation or Volatility modules.
  
Check out the analysis of Worksport Correlation against competitors.
To learn how to invest in Worksport Stock, please use our How to Invest in Worksport guide.

Worksport Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets27.3 M26 M8.4 M
Slightly volatile
Short and Long Term Debt Total6.6 M6.2 M1.5 M
Slightly volatile
Other Current Liabilities136.5 K85 K139 K
Pretty Stable
Total Current Liabilities7.5 M7.2 M1.8 M
Slightly volatile
Accounts Payable1.5 M1.5 M652.1 K
Slightly volatile
Cash And Short Term Investments3.7 M3.4 M3.4 M
Slightly volatile
Common Stock Shares Outstanding18.6 M17.7 M5.5 M
Slightly volatile
Liabilities And Stockholders Equity27.3 M26 M8.4 M
Slightly volatile
Non Current Liabilities Total586.8 K608.8 K620.8 K
Slightly volatile
Total Liabilities8.2 M7.8 M2.3 M
Slightly volatile
Total Current Assets4.8 M9.1 M4.7 M
Slightly volatile
Short Term Debt5.9 M5.6 M977.3 K
Slightly volatile
Common Stock2.7 KK2.9 K
Slightly volatile
Common Stock Total Equity9.2 K8.8 KK
Slightly volatile
Non Current Assets Total17.7 M16.8 M3.5 M
Slightly volatile
Net Receivables660.4 K629 K180.1 K
Slightly volatile
Inventory3.8 M3.6 M697.8 K
Slightly volatile
Intangible Assets1.4 M1.3 M321 K
Slightly volatile
Property Plant And Equipment Net16.2 M15.4 M3.1 M
Slightly volatile
Property Plant And Equipment Gross17.9 M17.1 M3.4 M
Slightly volatile
Long Term Debt6.4 M6.1 MM
Slightly volatile
Short and Long Term Debt5.6 M5.3 M941.4 K
Slightly volatile
Property Plant Equipment15.1 M14.4 MM
Slightly volatile
Capital StockKK8.9 K
Slightly volatile
Capital Lease Obligations624.4 K937 K267.5 K
Slightly volatile
Long Term Investments95.3 K90.7 K27.7 K
Slightly volatile
Short Term Investments1.6 M1.5 M286.8 K
Slightly volatile

Worksport Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative14.2 M13.5 M3.4 M
Slightly volatile
Other Operating Expenses17.1 M16.3 M4.4 M
Slightly volatile
Total Operating Expenses15.7 M15 M3.9 M
Slightly volatile
Cost Of Revenue1.4 M1.3 M474.8 K
Slightly volatile
Depreciation And Amortization1.2 M1.1 M201.1 K
Slightly volatile
Selling And Marketing Expenses1.6 M1.5 M528.8 K
Slightly volatile
Total Revenue1.6 M1.5 M709.9 K
Slightly volatile
Research Development28.8 K54.5 K32.4 K
Slightly volatile
Reconciled Depreciation1.2 M1.1 M201.6 K
Slightly volatile

Worksport Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Cash From Financing ActivitiesM4.4 M3.3 M
Slightly volatile
End Period Cash Flow3.3 M3.4 M3.4 M
Slightly volatile
Begin Period Cash Flow15.4 M14.6 MM
Slightly volatile
Stock Based Compensation3.3 M5.8 M1.5 M
Slightly volatile
Depreciation1.2 M1.1 M201.1 K
Slightly volatile
Issuance Of Capital Stock5.5 M4.5 M2.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio21.1617.231623.4422
Slightly volatile
Days Sales Outstanding175150162
Slightly volatile
Average Payables1.5 M1.4 M685.7 K
Slightly volatile
Stock Based Compensation To Revenue39.7437.859.8983
Slightly volatile
Capex To Depreciation3.163.325123.1797
Slightly volatile
EV To Sales10.9119.110112.4907
Slightly volatile
Inventory Turnover0.340.3553.4212
Very volatile
Days Of Inventory On Hand938KK
Pretty Stable
Payables Turnover0.840.88839.6716
Slightly volatile
Sales General And Administrative To Revenue9.028.82369.6835
Slightly volatile
Average Inventory256.4 K244.2 K159 K
Slightly volatile
Research And Ddevelopement To Revenue0.06870.06540.0499
Slightly volatile
Capex To Revenue2.292.41246.9761
Slightly volatile
Cash Per Share0.180.19031.1998
Pretty Stable
Days Payables Outstanding3904111.2 K
Slightly volatile
Income Quality0.840.79920.4212
Pretty Stable
Intangibles To Total Assets0.0490.05162.9773
Slightly volatile
Current Ratio1.841.27312.4569
Slightly volatile
Receivables Turnover2.312.431911.2333
Slightly volatile
Graham Number4.24.41737.5906
Slightly volatile
Capex Per Share0.290.20860.6035
Slightly volatile
Average Receivables76.8 K113.1 K95.6 K
Slightly volatile
Revenue Per Share0.08210.08657.7007
Slightly volatile
Interest Debt Per Share0.350.3691.2774
Slightly volatile
Debt To Assets0.220.227732.361
Slightly volatile
Operating Cycle1.1 K1.2 K1.2 K
Slightly volatile
Days Of Payables Outstanding3904111.2 K
Slightly volatile
Ebt Per Ebit0.961.0131.3189
Pretty Stable
Net Income Per E B T1.211.121.0561
Slightly volatile
Cash Ratio0.450.46961.7242
Slightly volatile
Days Of Inventory Outstanding938KK
Pretty Stable
Days Of Sales Outstanding175150162
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.651.30931.7063
Pretty Stable
Fixed Asset Turnover0.09440.0993227
Slightly volatile
Debt Ratio0.220.227732.361
Slightly volatile
Price Sales Ratio21.1617.231623.4422
Slightly volatile
Asset Turnover0.0560.0589149
Slightly volatile

Worksport Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap27.7 M26.4 M8.3 M
Slightly volatile
Enterprise Value30.7 M29.2 M6.5 M
Slightly volatile

Worksport Fundamental Market Drivers

Cash And Short Term Investments3.4 M

Worksport Upcoming Events

29th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Worksport investors may analyze each financial statement separately, they are all interrelated. The changes in Worksport's assets and liabilities, for example, are also reflected in the revenues and expenses on on Worksport's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-1.9 M-1.8 M
Cost Of Revenue1.3 M1.4 M
Total Revenue1.5 M1.6 M
Stock Based Compensation To Revenue 37.85  39.74 
Sales General And Administrative To Revenue 8.82  9.02 
Research And Ddevelopement To Revenue 0.07  0.07 
Capex To Revenue 2.41  2.29 
Revenue Per Share 0.09  0.08 
Ebit Per Revenue(9.63)(10.12)

Additional Tools for Worksport Stock Analysis

When running Worksport's price analysis, check to measure Worksport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worksport is operating at the current time. Most of Worksport's value examination focuses on studying past and present price action to predict the probability of Worksport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worksport's price. Additionally, you may evaluate how the addition of Worksport to your portfolios can decrease your overall portfolio volatility.