Worksport Ltd. (WKSP)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 0 | 0 | 0 | 2 | 8 | 16 | 18 | 36 |
| Operating profit | $m | -19 | -20 | ||||||
| Net profit | $m | -1 | -8 | -13 | -15 | -16 | -19 | -21 | -8 |
| EPS reported | $ | -2.49 | -2.21 | ||||||
| Operating cashflow per share | $ | -2.82 | -2.01 | ||||||
| Capex per share | $ | 0.13 | 0.08 | ||||||
| FCF per share | $ | -2.95 | -2.09 | ||||||
| Free cash flow | $m | -18 | -23 | ||||||
| Net debt | $m | -3 | 4 | ||||||
| Book value equity | $m | 23 | 19 | ||||||
| Book value per share | $ | 2.95 | 1.61 | ||||||
| Number of shares | m | 7.78 | 11.86 | ||||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | - | - | ||||||
| P/B LTM | x | 0.57 | 0.69 | ||||||
| P/S LTM | x | 0.81 | 0.72 | ||||||
| P/FCF LTM | x | -0.72 | -0.57 | ||||||
| EV/EBITDA LTM | x | -0.59 | -0.54 | ||||||
| EV/Sales LTM | x | 0.62 | 0.66 | ||||||
| Earnings Yield LTM | % | -1.48% | -2.78% | ||||||
| FCF Yield | % | -138.36% | -174.77% | ||||||
| Quality | |||||||||
| ROE | % | -84.39% | -102.93% | ||||||
| ROIC | % | -71.67% | -84.65% | ||||||
| Operating margin | % | -1.15% | -1.17% | ||||||
| Gross margin | % | +27.79% | +28.72% | ||||||
| FCF/Sales | % | -112.43% | -131.13% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | +89.78% | +115.68% | ||||||
| Net Income Growth YoY | % | - | - | ||||||
| FCF Growth | % | - | - | ||||||
| Operating Profit Growth | % | - | - | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.00% | 0.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | 0.00% | -0.13% | ||||||
| FCF/Debt | x | -6.22 | -4.18 | ||||||
| Net Debt/EBITDA | x | 0.18 | -0.17 | ||||||
| EBIT/Net interest | x | -31.25 | -61.13 | ||||||
| Net debt/market cap | % | +20.16% | +41.50% | ||||||
| Net debt/Equity | x | -0.14 | 0.21 | ||||||
| Gross debt/equity | x | 0.13 | 0.29 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
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. Its product portfolio encompasses a range of soft covers (SC) and durable tough covers (TC). Specific models include the SC3, a tri-fold cover engineered with a rubber gasket to create a secure seal, shielding cargo from moisture and debris. The SC3pro variant allows users to effortlessly open the cover using a release cable. For heavy-duty applications, the TC3 features a robust, thick aluminum tri-cover panel with a honeycomb core, coated in a resilient, scratch-resistant black powder finish. Furthermore, the company is actively developing TerraVis, an innovative solar-powered tonneau cover that will offer portable, rechargeable power capabilities to pickup truck owners. Worksport distributes its products through an established network of wholesalers and direct online retail channels, catering to both private label brands and original equipment manufacturers. The company maintains a collaboration agreement with Greatcell Energy Pty Ltd. Worksport Ltd. formally adopted its current name in May 2020, having previously operated as Franchise Holdings International, Inc.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
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. Its product portfolio encompasses a range of soft covers (SC) and durable tough covers (TC). Specific models include the SC3, a tri-fold cover engineered with a rubber gasket to create a secure seal, shielding cargo from moisture and debris. The SC3pro variant allows users to effortlessly open the cover using a release cable. For heavy-duty applications, the TC3 features a robust, thick aluminum tri-cover panel with a honeycomb core, coated in a resilient, scratch-resistant black powder finish. Furthermore, the company is actively developing TerraVis, an innovative solar-powered tonneau cover that will offer portable, rechargeable power capabilities to pickup truck owners. Worksport distributes its products through an established network of wholesalers and direct online retail channels, catering to both private label brands and original equipment manufacturers. The company maintains a collaboration agreement with Greatcell Energy Pty Ltd. Worksport Ltd. formally adopted its current name in May 2020, having previously operated as Franchise Holdings International, Inc.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free