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Worksport Reports Consecutive Months of Record-Breaking Revenues, Gross Margin Improves by 25%
Globenewswire· 2025-06-23 20:35
文章核心观点 公司2025年5月销售额达128万美元,连续两个月创营收纪录,毛利润率较Q1提升25%,预计增长势头将持续,2025年有望成为突破之年,实现长期增长 [1][3] 营收情况 - 2025年5月销售额达128万美元,连续两个月创营收纪录,4、5月营收超Q1总和 [1][2] - 基于2023年150万美元和2024年850万美元的营收,预计2025年底达2000万美元,实现现金流正向和持续盈利 [4] 管理层展望 - 5月再创新高,美国制造的货箱盖和B2B扩张成效显著,预计6月更强,秋季推出SOLIS和COR产品,2025年将是突破之年,聚焦强劲EBITA [3] - 认为SOLIS太阳能货箱盖和COR便携式纳米电网电力系统秋季推出后,将加速未来数年显著增长 [5] 公司业务 - 设计、开发、制造多种货箱盖、太阳能集成、便携式电力系统和清洁冷暖解决方案,与现代有合作,硬折叠盖适配主流卡车,在电动车领域受关注 [6] 财务指标 - 5月毛利润率较Q1提升25%,接近23%,预计年底趋向30%,公司预计年底实现现金流正向 [7] 分销网络 - 活跃经销商网络从2024年Q4的94个增至超550个,今年春季新增两个全国分销商,预计6月订单增加 [7]
Worksport Secures Second National Distributor & Projects $21.5M in Repeatable B2B Revenue
Globenewswire· 2025-06-10 21:00
Dealer Network Expands now to over 550 U.S. Locations; Recurring Revenue Expected to Further Accelerate in 2025. West Seneca, New York, June 10, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced a significant milestone: the addition of a second national automotive distributor. This strategic agreement expands th ...
Worksport Announces Fall 2025 Launch of Highly Anticipated SOLIS & COR Nano-Grid System Following Completion of Major Engineering Milestones
Globenewswire· 2025-06-05 20:15
Worksport Ltd Figure 1: Closeups of the Worksport SOLIS & COR Nano-Grid Company Projects Millions in New 2025 Revenues. Modular Nano-Grid System Delivers 4,000Wh+ of Solar Generated Energy; Targeting Vehicles, Jobsites, Military, and Portable Power Markets. West Seneca, New York, June 05, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer ...
Worksport Surpasses Monthly Sales Record in April on Strong AL4 Performance
Globenewswire· 2025-06-02 20:45
AL4 Drives 40% of Sales Within Weeks of Launch; Application Rollout Nearing Completion with Significant Growth Expected to Continue West Seneca, New York, June 02, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is excited to announce record-high April sales totaling about $1.22 million, with its premium AL4 tonneau cover acc ...
Worksport Secures ISO 9001 Certification at U.S. Factory, Unlocking Revenue & OEM Growth Pathways
Globenewswire· 2025-05-28 19:00
Prestigious Global Certification Expected to Accelerate Strategic Supply Relationships with Major Auto OEMs and Distributors West Seneca, New York, May 28, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of premium tonneau covers and clean-energy solutions, proudly announces that its U.S. production facility has officially achieved ISO 9001:2015 certification. This milestone strengthens Worksport's manufacturing credentials and i ...
Worksport .(WKSP) - 2025 Q1 - Earnings Call Transcript
2025-05-16 05:32
Worksport (WKSP) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Company Participants Steven Rossi - Chairman, President, CEO & SecretaryMichael Johnston - Chief Financial Officer Conference Call Participants None - AnalystC.K. Poe Fratt - MD - Equity Research & Senior Transportation Analyst Steven Rossi Discussing key operational milestones and share an updated outlook for 2025. Q '1 of this year was a transformative period for Worksport. We released our flagship higher margin products, the AL four tunnel c ...
Worksport .(WKSP) - 2025 Q1 - Earnings Call Transcript
2025-05-16 05:30
Worksport (WKSP) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Speaker0 Discussing key operational milestones and share an updated outlook for 2025. Q '1 of this year was a transformative period for Worksport. We released our flagship higher margin products, the AL four tunnel cover. We rapidly expanded our dealer network and strengthened our gross margins. We will be reviewing the financial results for the quarterly period ending ending 03/31/2025. These results were filed today at 4PM eastern time in our ...
Worksport .(WKSP) - 2025 Q1 - Quarterly Report
2025-05-16 04:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly Period Ended: March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 001-40681 Worksport Ltd. (Exact Name of Small Business Issuer as specified in its charter) | Nevada | 35-2696895 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorp ...
Worksport Ltd. Reports Q1 2025 Results: 337% Revenue Growth and 157% Margin Expansion Year-over-Year
Globenewswire· 2025-05-16 04:00
Company Forecasts Detailed Revenue Guidance with Cash Flow Positive Objectives West Seneca, New York, May 15, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced its financial results for the fiscal quarter ending March 31, 2025. Building off positive traction in gross margins and a notable growth forecast for ye ...
Worksport Announces First Quarter 2025 Earnings Release Date and Conference Call Details
Globenewswire· 2025-05-13 04:30
West Seneca, New York, May 12, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today announced that it will release its financial results for the first quarter fiscal year 2025, on Thursday, May 15, 2025, after market closes. Webcast Registration Investors, analysts, and media are invited to register in advance for ...