SequelSEC

Worksport Ltd WKSP

Motor Vehicle Parts & Accessories · CIK 0001096275 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$18.30M
Fiscal year ended 2026-06-30
Operating income
-$20.49M
Fiscal year ended 2026-06-30
Free cash flow
-$22.75M
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$15.62MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$1.31Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue1.0×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.7×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Motor Vehicle Parts & Accessories filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Long-term debt / equity0.04x0th
SBC / revenue18.9%92th
Revenue YoY growth89.8%91th
Operating margin-116.8%10th
FCF margin-112.4%11th
CapEx / revenue4.9%85th
R&D / revenue9.6%80th
Gross margin27.8%75th
Current ratio2.50x71th

Worksport Ltd (WKSP) reported revenue of $18.30M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from Worksport Ltd’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Motor Vehicle Parts & Accessories.

Income

Worksport Ltd income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Revenue$18.30M
Cost of revenue$12.80M
Gross profit$5.50M
Operating income-$20.49M
Net incomeUnavailable
Research & development$1.28M
Weighted-average diluted sharesUnavailable
Pretax incomeUnavailable
Income tax expenseUnavailable
Diluted EPSUnavailable
Selling, general & administrative$24.19M
General & administrative$17.13M
Selling & marketing$8.64M

Balance

Worksport Ltd balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Cash & equivalents$1.16M
Total assets$28.09M
Current assets$14.89M
Total liabilities$9.01M
Current liabilities$3.93M
Total equity incl. NCI$19.08M
Temporary (mezzanine) equityUnavailable
Inventory$12.07M
Accounts receivable$1.01M
GoodwillUnavailable
Long-term debt$4.98M
Accounts payable$2.43M

Cash flow

Worksport Ltd cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Operating cash flow-$22.06M
Capital expenditures$691.77K
Investing cash flow-$734.36K
Financing cash flow$22.56M
Net change in cash-$232.98K
Stock-based compensationUnavailable
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortization$1.79M

Derived

Worksport Ltd derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Free cash flow-$22.75M
Gross margin30.1%
Operating margin-111.9%
FCF margin-124.3%
SBC / revenueUnavailable
Current ratio3.79x
Revenue YoY growth47.6%
Net marginUnavailable
R&D / revenue7.0%
CapEx / revenue3.8%
Long-term debt / equity0.26x
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open WKSP in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-11View SEC filing
10-Q · Filed 2026-05-13View SEC filing
10-K · Filed 2026-03-26View SEC filing
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-Q · Filed 2025-05-15View SEC filing

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.