Worksport Cost Of Revenue from 2010 to 2025

WKSP Stock  USD 0.90  0.03  3.23%   
Worksport Cost Of Revenue yearly trend continues to be relatively stable with very little volatility. Cost Of Revenue is likely to grow to about 1.6 M this year. During the period from 2010 to 2025, Worksport Cost Of Revenue destribution of quarterly values had range of 1.7 M from its regression line and mean deviation of  476,778. View All Fundamentals
 
Cost Of Revenue  
First Reported
2012-03-31
Previous Quarter
1.6 M
Current Value
2.9 M
Quarterly Volatility
496.7 K
 
Yuan Drop
 
Covid
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 744.1 K, Selling General Administrative of 16.3 M or Other Operating Expenses of 19.6 M, as well as many indicators such as Price To Sales Ratio of 21.16, Dividend Yield of 0.0 or PTB Ratio of 1.24. 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.

Latest Worksport's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Worksport over the last few years. Cost of Revenue is found on Worksport income statement and represents the costs associated with goods and services Worksport provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Worksport's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Worksport's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Worksport Cost Of Revenue Regression Statistics

Arithmetic Mean550,463
Geometric Mean212,729
Coefficient Of Variation108.44
Mean Deviation476,778
Median350,702
Standard Deviation596,914
Sample Variance356.3B
Range1.7M
R-Value0.69
Mean Square Error199.4B
R-Squared0.48
Significance0
Slope86,656
Total Sum of Squares5.3T

Worksport Cost Of Revenue History

20251.6 M
20241.5 M
20231.3 M
202257 K
2021350.7 K
2020299 K
20191.7 M

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Cost Of Revenue, 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
Cost Of Revenue1.5 M1.6 M

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.