WKSP Company Profile and Key Details

Q: Who are the executives of WKSP?

Mr. Michael D. Johnston C.A., CPA, CA, CPAChief Financial OfficerMr. Steven F. RossiChairman, Pres, Chief Executive Officer & Sec.

NASDAQ : WKSP

Worksport

$0.74

0.1396+23.33%

Open: 4:00 PM

63.17

B+ESG ScoreESG Rating

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

Worksport Ltd. (WKSP) stock surged +23.33%, trading at $0.74 on NASDAQ, up from the previous close of $0.60. The stock opened at $0.96, fluctuating between $0.73 and $1.08 in the recent session.

Stock Snapshot

0.5983

Prev. Close

3.61M

Market Cap

0.73

Day Low

-0.28

P/E Ratio

-2.65

EPS (TTM)

-0.82

Cash Flow per Share

0.96

Open

4.89M

Number of Shares

1.08

Day High

95.04%

Free Float in %

0.96

Book Value

204.27M

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Jun 18, 2026	0.96	1.09	0.73	0.74	206.51M
Jun 17, 2026	0.59	0.62	0.57	0.60	428.22K
Jun 16, 2026	0.63	0.66	0.58	0.59	486.14K
Jun 15, 2026	0.65	0.70	0.62	0.62	522.81K
Jun 12, 2026	0.67	0.70	0.62	0.63	382.12K
Jun 11, 2026	0.63	0.71	0.63	0.66	404.53K
Jun 10, 2026	0.63	0.71	0.62	0.63	548.85K
Jun 09, 2026	0.71	0.73	0.63	0.64	468.92K
Jun 08, 2026	0.64	0.75	0.63	0.70	464.74K
Jun 05, 2026	0.67	0.68	0.61	0.63	638.76K
Jun 04, 2026	0.69	0.71	0.63	0.69	619.32K
Jun 03, 2026	0.71	0.72	0.67	0.69	534.78K
Jun 01, 2026	0.73	0.79	0.69	0.75	776.39K
May 29, 2026	0.78	0.78	0.72	0.74	552.43K
May 28, 2026	0.79	0.84	0.75	0.76	684.33K
May 27, 2026	0.88	0.88	0.78	0.78	488.89K
May 26, 2026	1.01	1.01	0.84	0.85	746.07K
May 22, 2026	0.96	1.03	0.94	1.01	251.73K
May 21, 2026	0.86	0.98	0.84	0.98	222.55K
May 20, 2026	0.80	0.89	0.74	0.87	581.73K

Contact Details

West Seneca, ON L5N 6P8

Canada

https://www.worksport.com 888 554 8789

About Company

Worksport Ltd., through its subsidiary, designs, manufactures, and distributes truck tonneau covers in Canada and the United States. The company offers soft cover (SC) and tough cover (TC) tonneau covers, including SC3, a tri-fold cover that seals around the truck bed with a rubber gasket designed to protect cargo from moisture and debris; SC3pro that allows the operator to open the cover by pulling a release cable; and TC3, a thick aluminum tri-cover panel with a honey-comb core coated in a durable black scratch-resistant powder coating. It is also developing TerraVis, a solar cover tonneau cover that gives rechargeable portable power to pickup truck owners. The company distributes its products through wholesalers and online retail channels. It serves private labels and original equipment manufacturers. Worksport Ltd. has a collaboration agreement with Greatcell Energy Pty Ltd. The company was formerly known as Franchise Holdings International, Inc. and changed its name to Worksport Ltd. in May 2020. Worksport Ltd. is based in Vaughan, Canada.

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Gentherm Incorporated$35.93 GTX

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Garrett Motion Inc.$34.32 GNTX

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Gentex Corporation$25.95 LKQ

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LKQ Corporation$25.80 AEVA

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Aeva Technologies, Inc.$24.39

Company Overview

Worksport Ltd. (NASDAQ:WKSP) closed at $0.74 USD, gaining $0.14 (23.33%) from the previous close of $0.60. The stock is currently mid-range between its 52-week high and low $0.57 and $4.90. With a market capitalization of about $3.61 million, Worksport Ltd. is classified as a micro-cap and shows lower-than-market volatility (beta ~0.28). Key stats such as the average daily volume over the past year has been around 3.75 million shares, trading with heavier-than-usual volume. Headquartered in West Seneca, ON, Worksport Ltd. operates in the Consumer Cyclical sector and the Auto - Parts industry. Led by CEO Steven F. Rossi, the company employs approximately 80 people and listed since June 21, 2001. Worksport Ltd., headquartered in Vaughan, Canada, is engaged in the design, manufacturing, and distribution of truck bed covers, commonly known as tonneau covers, across both Canada and the United States.

Technical Performance

WKSP has shown mixed momentum, gaining 0.92% over the past week and -28.66% over the past quarter, though year-to-date performance is up 2.82%. Short-term trend indicators are bullishly aligned (SMA20 -10.49%, SMA50 -28.4%, SMA200 -50.55%). The stock’s 14-day RSI is 36.93 (weak momentum), while the ATR of 0.19 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -80.8% below its high and over 42.0% above its low. Average 10-day trading volume of 26.22 million shares is significantly above the 3-month average of 3.92 million, indicating heightened recent market interest.

Valuation Metrics

Worksport Ltd. trades at a P/E ratio of -0.43, slightly below the S&P 500 average, with a price-to-sales ratio of 0.24 and a price-to-book ratio of 0.45 suggesting the stock is closer to book value. The P/FCF stands at -0.18, also below market averages.

Dividend & Fair Value

Worksport Ltd. last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$0.76. This means the shares are trading below this model’s fair value.

Earnings & Analyst Outlook

Worksport Ltd. generated EPS of -$3.70 over the past year. Five-year average earnings growth is -24.52%. Wall Street analysts project EPS growth of 49.1% annually over the next five years. The latest quarter delivered EPS of -$0.54. The next quarter is forecast at -$0.54. Next year's EPS is expected at $31.11. Analyst sentiment is bullish. Analyst rating data shows there are 0 Strong Buy ratings, 2 Buy ratings, 0 Hold ratings, 0 Sell rating and 0 Strong Sell ratings. Price targets range from $11.50 to $2.00. The high target offers 1454.05% upside. The low target suggests 170.27% downside. The mean target is $6.75. This offers 812.16% upside. Worksport Ltd. earnings surprise history is a consistent trend of beating forecasts. The quarter that ended May 13, 2026, missed forecasts by 5.88%. The prior quarter beat by 30.91%. Over the last six quarters, Apple has recorded several small beats. These include 35.71% in March 27, 2025.

Shareholding & Insider Activity

Worksport Ltd. has 6.64 million shares outstanding. The public float is 6.31 million shares, elevated short interest at 6.50% of float. This equals 410.74 thousand shares. The short ratio is 1.56 days. Institutional investors hold 13.08% of the float. Insiders own 6.07%. Rossi Steven F. holds 2.69 million shares, Lazzeri Equity Partners 401K Plan has 0.00 shares and Lazzeri Family Trust, Robert Lazzeri, Trustee has 0.00 shares. Over the past six months, insider transactions show net buying. They sold 0.00 shares across 0 transactions.

Financial & Profitability Overview

Over the trailing twelve months, Worksport generated $1.53M in revenue, or $0.09 per share. Gross margin was 15.72%, operating margin -963.41%, and net profit margin -975.98%. Returns are negative, with ROA at -57.52% and ROE at -82.12%.
On valuation metrics, Worksport trades at a P/E of -0.43, P/S of 0.24 and P/B of 0.45. The current ratio is 1.95 and quick ratio is 0.27. Operationally, the company’s inventory turnover is 1.05 and cash conversion cycle is 278.15 days. Debt-to-equity is 0.18, supported by a cash flow-to-debt ratio of -5.93.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Worksport posted revenue of $1.53M, down slightly from $116.50K in the prior quarter. Gross profit was $240.51K (margin 15.72%). Operating income was - $14.74M (margin -963.4%). Net income was- $14.93M (EPS - $0.84).
The company ended the quarter with $2.63M in cash and short-term investments, a total debt of $6.24M, and net debt of $3.60M. Total assets were $25.95M, with equity of $18.18M. Financials further reflected weakness, with operating cash flow of - $11.93M, free cash flow of - $15.62M, and capital expenditures of - $3.69M.

Price Forecast & Outlook

Our AI price prediction model suggests that Worksport Ltd. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -28.17%, with price expected at $0.53 by July 02, 2026, within a range of $0.45 to $0.61 3-Month Outlook: Projected fall of -33.6%, reaching $0.49 by September 16, 2026, with a range of $0.31 to $0.64. 1-Year Outlook: Projected loss of -67.48%, with price at $0.24 by June 18, 2027, within a range of $0.00 to $0.29.

Key Takeaways

Worksport Ltd. (NASDAQ:WKSP) shares are flat 2.82% year-to-date currently trading near 52-week highs band. Short-term momentum has been negative over the last quarter, despite recent volatility. Valuation shows Worksport Ltd. trading at a premium to the broader market with a P/E of -0.43. Analyst sentiment is bullish, with the majority of ratings in Buy territory and a mean price target of $5.50, suggesting 645.36% upside. Our AI forecast model points to short-term weakness (-28.17% over two weeks), a medium-term fall (-33.6% over three months), and a longer-term loss (-67.48% over one year), with expected trading ranges indicating moderate volatility.

Frequently Asked Questions

What is the current Worksport Ltd. (WKSP) stock price?

Worksport Ltd. (NASDAQ: WKSP) stock price is $0.74 in the last trading session. During the trading session, WKSP stock reached the peak price of $1.08 while $0.73 was the lowest point it dropped to. The percentage change in WKSP stock occurred in the recent session was 23.33% while the dollar amount for the price change in WKSP stock was $0.14.

WKSP's industry and sector of operation?

The NASDAQ listed WKSP is part of Auto - Parts industry that operates in the broader Consumer Cyclical sector. Worksport Ltd. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of WKSP?

Mr. Michael D. Johnston C.A., CPA, CA, CPA
Chief Financial Officer
Mr. Steven F. Rossi
Chairman, Pres, Chief Executive Officer & Sec.

How WKSP did perform over past 52-week?

WKSP's closing price is 29.68% higher than its 52-week low of $0.57 where as its distance from 52-week high of $4.90 is -84.94%.

How many employees does WKSP have?

Number of WKSP employees currently stands at 80.

Link for WKSP official website?

Official Website of WKSP is: https://www.worksport.com

How do I contact WKSP?

WKSP could be contacted at phone 888 554 8789 and can also be accessed through its website. WKSP operates from 7299 East Danbro Crescent, West Seneca, ON L5N 6P8, Canada.

How many shares of WKSP are traded daily?

WKSP stock volume for the day was 204.27M shares. The average number of WKSP shares traded daily for last 3 months was 3.75M.

What is the market cap of WKSP currently?

The market value of WKSP currently stands at $3.61M with its latest stock price at $0.74 and 4.89M of its shares outstanding.

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Employees	80
Beta	0.13
Sales or Revenue	$1.53M
5Y Sales Change%	-0.799%
Fiscal Year Ends	December
Sector	Consumer Cyclical
Industry	Auto - Parts

WKSP Company Profile and Key Details

Worksport

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Earnings & Analyst Outlook

Shareholding & Insider Activity

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Technical Performance

Earnings & Analyst Outlook

Shareholding & Insider Activity

Dividend & Fair Value

Company Overview

Financial & Profitability Overview

Quarterly Financial Highlights

Valuation Metrics

Price Forecast & Outlook

Key Takeaways