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Worksport Ltd
Nasdaq · CIK 1096275
Last close0.46
Daily change-0.00 (-0.65%)
10 Years gain-99.75%
Dividends TTM0
Dividend yield0.00%
Fundamental Analysis
WKSP · STANDARD
SIC 3714 · Motor Vehicle Parts & Accessories · Fiscal year end 1231
Fundamental
45.8Momentum
100.0Acceleration
100.0Confidence
69.0Annual Revenue16
Quarterly Revenue55
Annual CFO18
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth25.0 / 25
Quality10.9 / 25
Capital Efficiency0.0 / 20
Balance Sheet7.6 / 15
Shareholder Economics0.0 / 10
Forward Indicators0.0 / 5
Signals
Gross margin expansionGross margin improved by 16.6495 percentage points.
Operating leverageOperating margin improved by 99.7562 percentage points.
Warnings
Receivables anomaly · MEDIUMAccounts receivable growth is materially above revenue growth.
Heavy share dilution · HIGHDiluted share count increased 178.2113%.
Possible growth trap · HIGHRevenue growth is high, but quality indicators are deteriorating.
Key Metrics
Revenue Growth TTM126.53%OK
Revenue CAGR 3Y417.03%OK
Gross Margin29.19%OK
Operating Margin-101.77%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROIC-68.63%OK
Incremental Operating Margin 3Y-29.64%OK
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y178.21%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $16.10M | $4.47M | -$18.81M | -$17.31M | -$18.10M | 27.79% | -116.84% | -112.43% | -79.48% | 6.14M |
| 2025 FY Dec 31, 2024 | $8.48M | $905,650.00 | -$15.47M | -$10.14M | -$10.67M | 10.67% | -182.29% | -125.73% | -64.46% | 2.77M |
| 2024 FY Dec 31, 2023 | $1.53M | $240,514.00 | -$14.74M | -$11.93M | -$15.62M | 15.72% | -963.41% | -1,021.2% | -78.63% | 1.77M |
| 2023 FY Dec 31, 2022 | $116,502.00 | $59,535.00 | -$12.77M | -$7.98M | -$19.03M | 51.1% | -10,964.37% | -16,330.54% | -133.57% | 17.08M |
| 2022 FY Dec 31, 2021 | $303,750.00 | -$46,952.00 | -$7.56M | -$4.21M | -$5.31M | -15.46% | -2,489.46% | -1,748.94% | -236.97% | n/a |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $17.66M | sum latest 4 fiscal quarters Revenue | OK | 0001437749-26-026997, 0001493152-25-022113 |
| Revenue Growth TTM | 126.53% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001437749-26-026997, 0001493152-25-022113 |
| Revenue CAGR 3Y | 417.03% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001493152-26-012945 |
| Revenue CAGR 5Y | 115.54% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001493152-26-012945 |
| Gross Profit CAGR 3Y | 322.02% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0001493152-26-012945 |
| Operating Income Growth | n/a | OperatingIncome_current / OperatingIncome_prior_year - 1 | INSUFFICIENT_HISTORY | 0001437749-26-026997, 0001493152-25-022113 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 29.19% | Gross Profit / Revenue | OK | 0001437749-26-026997, 0001493152-25-022113 |
| Operating Margin | -101.77% | Operating Income / Revenue | OK | 0001437749-26-026997, 0001493152-25-022113 |
| ROIC | -68.63% | NOPAT / Average Invested Capital | OK | 0001437749-26-026997, 0001493152-25-022113 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001437749-26-026997 |
| Current Ratio | 3.79x | Current Assets / Current Liabilities | OK | derived |
| Cash / Debt | 0.22x | (Cash + Short-term Investments) / Total Debt | OK | 0001437749-26-026997 |
| Revenue per Diluted Share | $1.49 | Revenue / Diluted Shares | OK | 0001437749-26-026997, 0001493152-25-022113 |