12 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $16M | -$19M | 27.8% | -116.8% | -$18M | $3M | $6M |
| 2024 | $8M | -$16M | 10.7% | -182.3% | -$11M | $5M | $5M |
| 2023 | $2M | $15M | 15.7% | -963.4% | -$16M | $5M | $3M |
| 2022 | $116502 | $13M | 51.1% | -10964.4% | -$19M | — | $15M |
| 2021 | $303750 | $8M | -15.5% | -2489.5% | -$5M | — | $29M |
| 2020 | $346144 | — | 13.6% | -284.9% | -$703073 | — | $1M |
| 2019 | $2M | — | 12.4% | -27.9% | -$100510 | — | $11993 |
| 2018 | $481521 | — | 20.1% | -251.5% | -$381150 | — | $25323 |
| 2017 | $408701 | — | 43.3% | -435.6% | -$199816 | — | $66961 |
| 2014 | — | -$22309 | — | — | — | — | $42526 |
| 2014 | — | -$18575 | — | — | — | — | $15105 |
| 2013 | — | -$14808 | — | — | — | — | $17517 |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $3M | -$6M | 25.8% | -173.4% | -$8M | $3M | $566583 |
| Dec '25 | $5M | — | 30.1% | -129.2% | -$6M | $3M | $6M |
| Sep '25 | $5M | -$5M | 31.3% | -95.6% | -$5M | $3M | $4M |
| Jun '25 | $4M | -$4M | 26.4% | -88.1% | -$3M | $2M | $1M |
| Mar '25 | $2M | -$4M | 17.7% | -190.0% | -$4M | $3M | $5M |
| Dec '24 | $3M | $8M | 11.1% | -137.0% | -$2M | $5M | $5M |
| Sep '24 | $3M | -$4M | 7.9% | -125.1% | -$2M | — | $2M |
| Jun '24 | $2M | -$4M | 15.4% | -203.5% | -$4M | — | $3M |
| Mar '24 | $512637 | -$4M | 7.3% | -709.9% | -$3M | — | $4M |
| Dec '23 | $839373 | -$4M | 11.0% | -422.8% | -$4M | $5M | $3M |
| Sep '23 | $458483 | -$4M | 19.6% | -854.9% | -$3M | — | $3M |
| Jun '23 | $199851 | -$4M | 23.3% | -1870.8% | -$5M | — | $6M |
| Mar '23 | $31925 | -$4M | 38.1% | -11057.0% | -$4M | — | $10M |
| Dec '22 | $39063 | -$3M | 104.1% | -9535.7% | -$2M | — | $15M |
| Sep '22 | $18350 | -$3M | 31.3% | -16037.2% | -$2M | — | $17M |
| Jun '22 | $11305 | -$3M | 29.3% | -29263.1% | -$11M | — | $19M |
| Mar '22 | $47784 | -$3M | 20.5% | -5855.1% | -$3M | — | $26M |
| Dec '21 | $16453 | -$4M | -333.6% | -22594.0% | -$2M | — | $29M |
| Sep '21 | $93408 | -$2M | 12.4% | -2183.9% | -$2M | — | $29M |
| Jun '21 | $186239 | -$811659 | 26.3% | -430.9% | -$662194 | — | $12M |
How the market has priced WKSP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Worksport Ltd's revenue has grown 115.5% per year. These are computed facts, not advice.
As of FY2025, Worksport Ltd reported $3M of total debt against $6M of cash; operating income covered interest expense -31.7×.
In FY2025, gross margin was 27.8%, operating margin -116.8%, and net margin -120.2%.
As of Jun '26, Worksport Ltd traded at a price-to-earnings ratio of about 1.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.