Worksport Statistics

Total Valuation

Worksport has a market cap or net worth of $12.45 million. The enterprise value is $9.21 million.

Market Cap	12.45M
Enterprise Value	9.21M

Important Dates

The next estimated earnings date is Thursday, May 14, 2026, after market close.

Earnings Date	May 14, 2026
Ex-Dividend Date	n/a

Share Statistics

Worksport has 11.97 million shares outstanding. The number of shares has increased by 121.88% in one year.

Current Share Class	11.97M
Shares Outstanding	11.97M
Shares Change (YoY)	+121.88%
Shares Change (QoQ)	+28.58%
Owned by Insiders (%)	21.87%
Owned by Institutions (%)	4.42%
Float	8.39M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.77
Forward PS	0.33
PB Ratio	0.45
P/TBV Ratio	0.57
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	0.57
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.50, with a Debt / Equity ratio of 0.13.

Current Ratio	2.50
Quick Ratio	1.03
Debt / Equity	0.13
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-31.75

Financial Efficiency

Return on equity (ROE) is -96.07% and return on invested capital (ROIC) is -48.18%.

Return on Equity (ROE)	-96.07%
Return on Assets (ROA)	-41.67%
Return on Invested Capital (ROIC)	-48.18%
Return on Capital Employed (ROCE)	-78.45%
Weighted Average Cost of Capital (WACC)	7.58%
Revenue Per Employee	$131,981
Profits Per Employee	-$158,625
Employee Count	122
Asset Turnover	0.57
Inventory Turnover	1.58

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -63.38% in the last 52 weeks. The beta is 0.24, so Worksport's price volatility has been lower than the market average.

Beta (5Y)	0.24
52-Week Price Change	-63.38%
50-Day Moving Average	1.20
200-Day Moving Average	2.46
Relative Strength Index (RSI)	45.18
Average Volume (20 Days)	293,069

Short Selling Information

The latest short interest is 575,583, so 4.81% of the outstanding shares have been sold short.

Short Interest	575,583
Short Previous Month	665,333
Short % of Shares Out	4.81%
Short % of Float	6.86%
Short Ratio (days to cover)	1.46

Income Statement

In the last 12 months, Worksport had revenue of $16.10 million and -$19.35 million in losses. Loss per share was -$3.15.

Revenue	16.10M
Gross Profit	4.47M
Operating Income	-18.82M
Pretax Income	-19.35M
Net Income	-19.35M
EBITDA	-16.98M
EBIT	-18.82M
Loss Per Share	-$3.15

Full Income Statement

Balance Sheet

The company has $6.15 million in cash and $2.91 million in debt, giving a net cash position of $3.24 million or $0.27 per share.

Cash & Cash Equivalents	6.15M
Total Debt	2.91M
Net Cash	3.24M
Net Cash Per Share	$0.27
Equity (Book Value)	22.88M
Book Value Per Share	2.33
Working Capital	10.06M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$17.31 million and capital expenditures -$789,460, giving a free cash flow of -$18.10 million.

Operating Cash Flow	-17.31M
Capital Expenditures	-789,460
Depreciation & Amortization	1.83M
Net Borrowing	-2.37M
Free Cash Flow	-18.10M
FCF Per Share	-$1.51

Full Cash Flow Statement

Margins

Gross margin is 27.79%, with operating and profit margins of -116.87% and -120.19%.

Gross Margin	27.79%
Operating Margin	-116.87%
Pretax Margin	-120.19%
Profit Margin	-120.19%
EBITDA Margin	-105.48%
EBIT Margin	-116.87%
FCF Margin	n/a

Dividends & Yields

Worksport does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-121.88%
Shareholder Yield	-121.88%
Earnings Yield	-155.41%
FCF Yield	-145.38%

Analyst Forecast

The average price target for Worksport is $9.25, which is 789.42% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$9.25
Price Target Difference	789.42%
Analyst Consensus	Strong Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

The last stock split was on March 18, 2025. It was a reverse split with a ratio of 1:10.

Last Split Date	Mar 18, 2025
Split Type	Reverse
Split Ratio	1:10

Scores

Worksport has an Altman Z-Score of -3.36 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-3.36
Piotroski F-Score	4