Worksport Net Income
| WKSP Stock | USD 1.57 0.02 1.26% |
As of the 15th of February 2026, Worksport maintains the Market Risk Adjusted Performance of (0.26), mean deviation of 4.25, and Standard Deviation of 5.4. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Worksport, as well as the relationship between them.
Worksport Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 1.052 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Loss | -14.5 M | -13.8 M | |
| Net Loss | -14.5 M | -13.8 M | |
| Net Loss | -11.3 M | -10.7 M | |
| Net Loss | (6.71) | (6.38) | |
| Net Income Per E B T | 0.90 | 0.80 |
Worksport | Net Income | Build AI portfolio with Worksport Stock |
Evaluating Worksport's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Worksport's fundamental strength.
Latest Worksport's Net Income Growth Pattern
Below is the plot of the Net Income of Worksport over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Worksport financial statement analysis. It represents the amount of money remaining after all of Worksport operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Worksport's Net Loss 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.
| View | Last Reported (16.16 M) | 10 Years Trend |
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Net Income |
| Timeline |
Worksport Net Income Regression Statistics
| Arithmetic Mean | (5,401,263) | |
| Coefficient Of Variation | (117.11) | |
| Mean Deviation | 5,586,367 | |
| Median | (1,763,038) | |
| Standard Deviation | 6,325,567 | |
| Sample Variance | 40T | |
| Range | 16.2M | |
| R-Value | (0.86) | |
| Mean Square Error | 10.8T | |
| R-Squared | 0.75 | |
| Slope | (1,082,676) | |
| Total Sum of Squares | 640.2T |
Worksport Net Income History
Other Fundumenentals of Worksport
| Net Income From Continuing Ops | ||
| Net Income Applicable To Common Shares | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Worksport Net Income component correlations
Worksport Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Worksport is extremely important. It helps to project a fair market value of Worksport Stock properly, considering its historical fundamentals such as Net Income. Since Worksport's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Worksport's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Worksport's interrelated accounts and indicators.
Click cells to compare fundamentals
Can Automotive Parts & Equipment industry sustain growth momentum? Does Worksport have expansion opportunities? Factors like these will boost the valuation of Worksport. Anticipated expansion of Worksport directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Worksport demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share (3.64) | Revenue Per Share | Quarterly Revenue Growth 0.606 | Return On Assets | Return On Equity |
Investors evaluate Worksport using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Worksport's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Worksport's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Worksport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Worksport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Worksport's market price signifies the transaction level at which participants voluntarily complete trades.
Worksport 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Worksport's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Worksport.
| 11/17/2025 |
| 02/15/2026 |
If you would invest 0.00 in Worksport on November 17, 2025 and sell it all today you would earn a total of 0.00 from holding Worksport or generate 0.0% return on investment in Worksport over 90 days. Worksport is related to or competes with Kaixin Auto, Jiuzi Holdings, Rent The, Lulus Fashion, Perfect Moment, Premium Catering, and Linkage Global. Worksport Ltd., through its subsidiary, designs, manufactures, and distributes truck tonneau covers in Canada and the Un... More
Worksport Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Worksport's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Worksport upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 21.89 | |||
| Value At Risk | (9.04) | |||
| Potential Upside | 8.23 |
Worksport Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Worksport's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Worksport's standard deviation. In reality, there are many statistical measures that can use Worksport historical prices to predict the future Worksport's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.83) | |||
| Total Risk Alpha | (1.08) | |||
| Treynor Ratio | (0.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Worksport's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Worksport February 15, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (0.26) | |||
| Mean Deviation | 4.25 | |||
| Coefficient Of Variation | (802.21) | |||
| Standard Deviation | 5.4 | |||
| Variance | 29.13 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.83) | |||
| Total Risk Alpha | (1.08) | |||
| Treynor Ratio | (0.27) | |||
| Maximum Drawdown | 21.89 | |||
| Value At Risk | (9.04) | |||
| Potential Upside | 8.23 | |||
| Skewness | (0.07) | |||
| Kurtosis | 0.0623 |
Worksport Backtested Returns
Worksport shows Sharpe Ratio of -0.045, which attests that the company had a -0.045 % return per unit of risk over the last 3 months. Worksport exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Worksport's Market Risk Adjusted Performance of (0.26), mean deviation of 4.25, and Standard Deviation of 5.4 to validate the risk estimate we provide. The firm maintains a market beta of 2.49, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Worksport will likely underperform. At this point, Worksport has a negative expected return of -0.23%. Please make sure to check out Worksport's value at risk and rate of daily change , to decide if Worksport performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
Worksport has virtually no predictability. Overlapping area represents the amount of predictability between Worksport time series from 17th of November 2025 to 1st of January 2026 and 1st of January 2026 to 15th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Worksport price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Worksport price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Worksport Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Worksport reported net income of (16.16 Million). This is 103.17% lower than that of the Automobile Components sector and 107.63% lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 102.83% higher than that of the company.
Worksport Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Worksport's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Worksport could also be used in its relative valuation, which is a method of valuing Worksport by comparing valuation metrics of similar companies.Worksport is currently under evaluation in net income category among its peers.
Worksport Institutional Holders
Institutional Holdings refers to the ownership stake in Worksport that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Worksport's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Worksport's value.| Shares | Huntington National Bank | 2025-06-30 | 257 | Blackrock Inc | 2025-06-30 | 111 | Royal Bank Of Canada | 2025-06-30 | 67.0 | Bank Of America Corp | 2000-07-01 | 52.0 | Sbi Securities Co Ltd | 2025-06-30 | 16.0 | Morgan Stanley - Brokerage Accounts | 7.0 | State Street Corp | 2025-03-31 | 0.0 | Susquehanna International Group, Llp | 2025-06-30 | 0.0 | Jane Street Group Llc | 2025-03-31 | 0.0 | Armistice Capital, Llc | 2025-06-30 | 246.5 K | Vanguard Group Inc | 2025-06-30 | 65.2 K |
Worksport Fundamentals
| Return On Equity | -0.96 | ||||
| Return On Asset | -0.4 | ||||
| Profit Margin | (1.22) % | ||||
| Operating Margin | (0.96) % | ||||
| Current Valuation | 15.03 M | ||||
| Shares Outstanding | 9.81 M | ||||
| Shares Owned By Insiders | 3.96 % | ||||
| Shares Owned By Institutions | 5.71 % | ||||
| Number Of Shares Shorted | 535.07 K | ||||
| Price To Book | 0.79 X | ||||
| Price To Sales | 1.08 X | ||||
| Revenue | 8.48 M | ||||
| Gross Profit | 3.37 M | ||||
| EBITDA | (13.68 M) | ||||
| Net Income | (16.16 M) | ||||
| Cash And Equivalents | 20.94 M | ||||
| Cash Per Share | 1.23 X | ||||
| Total Debt | 5.62 M | ||||
| Debt To Equity | 0.24 % | ||||
| Current Ratio | 10.58 X | ||||
| Book Value Per Share | 2.61 X | ||||
| Cash Flow From Operations | (10.14 M) | ||||
| Short Ratio | 3.43 X | ||||
| Earnings Per Share | (3.64) X | ||||
| Target Price | 8.25 | ||||
| Number Of Employees | 80 | ||||
| Beta | 0.097 | ||||
| Market Capitalization | 15.41 M | ||||
| Total Asset | 25.74 M | ||||
| Retained Earnings | (64.48 M) | ||||
| Working Capital | 7.3 M | ||||
| Net Asset | 25.74 M |
About Worksport Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Worksport's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Worksport using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Worksport based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Worksport
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Worksport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Worksport will appreciate offsetting losses from the drop in the long position's value.Moving together with Worksport Stock
| 0.74 | QS | QuantumScape Class Earnings Call This Week | PairCorr |
Moving against Worksport Stock
| 0.74 | ML | Compagnie Generale des | PairCorr |
| 0.71 | P4N | Polytec Holding AG | PairCorr |
| 0.68 | TY7 | Toyota Boshoku | PairCorr |
| 0.67 | VSA2 | Valeo SA | PairCorr |
| 0.67 | SRU | Standard Motor Products | PairCorr |
The ability to find closely correlated positions to Worksport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Worksport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Worksport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Worksport to buy it.
The correlation of Worksport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Worksport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Worksport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Worksport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.