Worksport Ltd. (WKSP)
Worksport Statistics
Share Statistics
Worksport has 4.93M shares outstanding. The number of shares has increased by 16.28% in one year.
| Shares Outstanding | 4.93M |
| Shares Change (YoY) | 16.28% |
| Shares Change (QoQ) | 11.97% |
| Owned by Institutions (%) | 8.13% |
| Shares Floating | 4.67M |
| Failed to Deliver (FTD) Shares | 2.06K |
| FTD / Avg. Volume | 1.5% |
Short Selling Information
The latest short interest is 296.96K, so 6.19% of the outstanding shares have been sold short.
| Short Interest | 296.96K |
| Short % of Shares Out | 6.19% |
| Short % of Float | 6.58% |
| Short Ratio (days to cover) | 4.42 |
Valuation Ratios
The PE ratio is -16.75 and the forward PE ratio is -4.01. Worksport's PEG ratio is 0.49.
| PE Ratio | -16.75 |
| Forward PE | -4.01 |
| PS Ratio | 31.92 |
| Forward PS | 0.4 |
| PB Ratio | 127.88 |
| P/FCF Ratio | -25.38 |
| PEG Ratio | 0.49 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Worksport.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.3, with a Debt / Equity ratio of 2.49.
| Current Ratio | 3.3 |
| Quick Ratio | 1.67 |
| Debt / Equity | 2.49 |
| Debt / EBITDA | -0.38 |
| Debt / FCF | -0.49 |
| Interest Coverage | -21.3 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $106.05K |
| Profits Per Employee | $-202.05K |
| Employee Count | 80 |
| Asset Turnover | 0.33 |
| Inventory Turnover | 1.46 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0% |
Stock Price Statistics
The stock price has increased by -61% in the last 52 weeks. The beta is 2.07, so Worksport's price volatility has been higher than the market average.
| Beta | 2.07 |
| 52-Week Price Change | -61% |
| 50-Day Moving Average | 4.39 |
| 200-Day Moving Average | 6.42 |
| Relative Strength Index (RSI) | 44.55 |
| Average Volume (20 Days) | 136.68K |
Income Statement
In the last 12 months, Worksport had revenue of 8.48M and earned -16.16M in profits. Earnings per share was -0.55.
| Revenue | 8.48M |
| Gross Profit | 905.65K |
| Operating Income | -15.47M |
| Net Income | -16.16M |
| EBITDA | -13.68M |
| EBIT | -15.44M |
| Earnings Per Share (EPS) | -0.55 |
Balance Sheet
The company has 4.88M in cash and 5.26M in debt, giving a net cash position of -381.41K.
| Cash & Cash Equivalents | 4.88M |
| Total Debt | 5.26M |
| Net Cash | -381.41K |
| Retained Earnings | 0 |
| Total Assets | 25.74M |
| Working Capital | 7.3M |
Cash Flow
In the last 12 months, operating cash flow was -10.14M and capital expenditures -528.24K, giving a free cash flow of -10.67M.
| Operating Cash Flow | -10.14M |
| Capital Expenditures | -528.24K |
| Free Cash Flow | -10.67M |
| FCF Per Share | -0.36 |
Margins
Gross margin is 10.67%, with operating and profit margins of -182.29% and -190.51%.
| Gross Margin | 10.67% |
| Operating Margin | -182.29% |
| Pretax Margin | -190.51% |
| Profit Margin | -190.51% |
| EBITDA Margin | -161.29% |
| EBIT Margin | -182.29% |
| FCF Margin | -125.73% |
Dividends & Yields
WKSP does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for WKSP is $15.75, which is 404.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $15.75 |
| Price Target Difference | 404.8% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Mar 18, 2025. It was a backward split with a ratio of 1:10.
| Last Split Date | Mar 18, 2025 |
| Split Type | backward |
| Split Ratio | 1:10 |
Scores
| Altman Z-Score | -3.83 |
| Piotroski F-Score | 4 |