Worksport .(WKSP)
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Worksport .(WKSP) - 2025 Q3 - Earnings Call Transcript
2025-11-13 14:32
Worksport (NasdaqCM:WKSP) Q3 2025 Earnings Call November 13, 2025 08:30 AM ET Company ParticipantsMichael Johnston - CFOSteven Rossi - CEO and FounderNone - Unknown Speaker 2None - Unknown Speaker 1Steven RossiGood morning, everyone, and thank you for joining Worksport's quarter 3 2025 earnings call. I'm Steven Rossi, Chief Executive Officer and founder of Worksport Limited. With me today is our Chief Financial Officer, Michael Johnston. Today, we'll walk through our financial performance, operating progres ...
Worksport .(WKSP) - 2025 Q3 - Earnings Call Transcript
2025-11-13 14:32
Worksport (NasdaqCM:WKSP) Q3 2025 Earnings Call November 13, 2025 08:30 AM ET Company ParticipantsMichael Johnston - CFOSteven Rossi - CEO and FounderNone - Unknown Speaker 2None - Unknown Speaker 1Steven RossiGood morning, everyone, and thank you for joining Worksport's Quarter 3 2025 earnings call. I'm Steven Rossi, Chief Executive Officer and founder of Worksport Limited. With me today is our Chief Financial Officer, Michael Johnston. Today, we'll walk through our financial performance, operating progres ...
Worksport .(WKSP) - 2025 Q3 - Earnings Call Transcript
2025-11-13 14:30
Worksport (NasdaqCM:WKSP) Q3 2025 Earnings Call November 13, 2025 08:30 AM ET Speaker1Good morning, everyone, and thank you for joining Worksport's Quarter 3 2025 earnings call. I'm Steven Rossi, Chief Executive Officer and founder of Worksport Limited. With me today is our Chief Financial Officer, Michael Johnston. Today, we'll walk through our financial performance, operating progress, liquidity position, and how these results align with our strategy to build a high-margin, scalable platform in truck acce ...
Worksport .(WKSP) - 2025 Q3 - Quarterly Report
2025-11-13 12:31
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: September 30, 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 | | in ...
Worksport Delivers 61% Revenue Growth and 31% Margin in Q3 2025; Positioned for 2026 Profitability with $45M+ Revenue Target
Globenewswire· 2025-11-13 12:30
2026 outlook driven by $27M-$35M in tonneau cover sales, with additional major contributions anticipated from upcoming launches of the SOLIS solar-integrated tonneau cover and COR battery system. West Seneca, New York, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator in advanced manufacturing and distributed clean energy technologies, serving both consumer and industrial markets, today announced financial results for the quarter ended Se ...
WORKSPORT ANNOUNCES FINAL PRICING AND INITIAL MODEL LINEUP FOR SOLIS SOLAR TONNEAU COVER
Globenewswire· 2025-11-10 13:31
Industry First: Solar Folding Truck Bed Nano Grid For Overlanding, Work Sites, EVs, And Emergency Backup Launching November 28th, 2025. West Seneca, New York, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator in advanced manufacturing and distributed clean energy technologies, serving both consumer and industrial markets, today announced final pricing and initial vehicle compatibility for its SOLIS truck mounted folding solar array, the C ...
WKSP Invites You to Join Its Third Quarter 2025 Earnings Conference Call
Globenewswire· 2025-11-07 13:30
Worksport Ltd. Announces November 13, 2025, as Q3 2025 Earnings Report Date West Seneca, New York, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator in advanced manufacturing and distributed clean energy technologies, serving both consumer and industrial markets, will report its financial results for Q3 2025 on November 13, 2025, pre-market. Steven Rossi, Chairman and CEO of the Company, will lead the call and take questions about the resu ...
Worksport Releases Final COR System Specifications & Pricing
Globenewswire· 2025-11-04 14:57
Core Insights - Worksport Ltd. is launching the COR modular portable energy system priced at $949, designed for various applications including work, adventure, and emergency readiness [1][10] - The COR system features a scalable architecture allowing users to add batteries as needed, providing a compact and portable power solution [2][10] Product Overview - The COR system consists of the COR HUB, a high-output inverter, and COR Batteries, each with a nominal capacity of 960 Wh, allowing for configurations from single to multiple batteries [2][3] - The system is designed to integrate with the SOLIS solar tonneau cover for efficient off-grid charging [1][8] Pricing and Configurations - The COR Starter Kit includes one HUB and one Battery for $949, with options for additional batteries priced at $1,598 for two and $1,949 for three [6][10] - Users can purchase batteries independently, enhancing the modularity and scalability of the energy solution [3] Technical Specifications - Each COR Battery provides approximately 1 kWh of energy, with AC output capabilities of four 120 V outlets and a continuous power of 1,800 W [7] - The system supports various charging options, including solar, with a built-in MPPT for efficient energy management [7][8] Use Cases - The COR system is versatile, suitable for applications such as campsite power, job site energy, and emergency home backup, with specific runtimes provided for different configurations [5][8] - When paired with the SOLIS solar cover, batteries can recharge in about 2-3 hours under optimal conditions, promoting a sustainable energy cycle [8] Future Vision - Worksport aims to position the COR system as a rapid-deploy power solution for emergency response, collaborating with agencies like the Red Cross and FEMA for mass-deployment in disaster scenarios [9][10] - The company envisions expanding the COR ecosystem with future product integrations to enhance market opportunities [3][10]
Worksport ($WKSP) to Showcase SOLIS™ and COR™ at SEMA 2025, Expanding Global Distribution Opportunities
Globenewswire· 2025-11-03 13:45
Core Insights - Worksport Ltd. is set to showcase its innovative clean-tech solutions, including the SOLIS Solar Tonneau Cover and COR Portable Energy System, at the 2025 SEMA Show in Las Vegas, highlighting its leadership in sustainable automotive solutions [1][2][6] Product Highlights - The SOLIS Solar Tonneau Cover captures and converts solar energy, while the COR system stores and delivers power on demand, creating a modular mobile nano-grid platform [5] - Both products are scheduled to initiate sales on November 28, 2025, and have completed successful third-party validation [5] Strategic Engagements - During the SEMA Show, the company plans to engage with national distributors, OEMs like Toyota, General Motors, and Ford, aiming to expand its market presence in North America and globally [3][4] - The company expects these engagements to accelerate market penetration for its expanding product lineup, which includes the new HD3 Heavy-Duty Tonneau Cover and other models [4] Market Context - The SOLIS and COR products are positioned to bridge two multi-billion-dollar markets: truck accessories and portable clean power, responding to the rising global demand for sustainable vehicle accessories and decentralized energy systems [6][7]
Worksport ($WKSP) Places Opening Purchase Order for COR Battery Systems; Prepares for Launch
Newsfile· 2025-10-31 13:01
Core Insights - Worksport Ltd. has placed an initial purchase order exceeding $1 million for its COR portable battery systems, marking a significant milestone in its commercialization efforts [1][4] - The order includes 900 COR units and 600 additional batteries, set to precede the launch of SOLIS and COR on November 28, 2025 [2][4] - The company is positioned for rapid expansion in the clean energy sector, with projected initial revenue opportunities of $2.45 million from the upcoming product launches [4][6] Product and Market Development - The COR system has been developed in collaboration with a leading global battery manufacturer, ensuring adherence to high-quality standards [3] - SOLIS and COR are designed to create a modular, mobile energy grid, previously selected for a pilot program by a major U.S. construction company [4][5] - The company aims to explore U.S.-based production opportunities as domestic battery technology evolves [3] Financial Performance and Projections - Worksport has reported consecutive record financial quarters, including a 31% gross margin achievement in July [6] - The company anticipates robust revenue acceleration through 2026, driven by an expanding intellectual property portfolio and growing OEM partnerships [7]