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Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum
Globenewswire· 2025-07-10 13:01
Company Achieves Breakout Quarter as Turnaround Strategy Gains Traction; Clean-Tech Product Launches Poised to Accelerate Growth West Seneca, New York, July 10, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced unaudited Q2 2025 topline results, delivering a breakout quarter that is expected to position the Comp ...
Worksport Delivers Record Production With 100%+ Margin Growth as Revenue Tracks Toward $20M Milestone Ahead of Clean-Tech Product Launch
Globenewswire· 2025-07-07 13:01
West Seneca, New York, July 07, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, announced today a transformational leap in performance—achieving a 50% increase in monthly production volume since March 2025, while delivering more than a 100% improvement in gross margins over the past five months. These milestones are underscor ...
Worksport Nano-Grid System Selected for Pilot by Top US Construction Group
Globenewswire· 2025-06-25 13:05
Top 25 U.S. Construction and Energy Contractor To Purchase Worksport’s SOLIS Solar Tonneau Cover and COR Portable Energy System for Initial Pilot West Seneca, New York, June 25, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce a commercial-use pilot project with a leading US construction firm that has a ...
Worksport Reports Consecutive Months of Record-Breaking Revenues, Gross Margin Improves by 25%
Globenewswire· 2025-06-23 12:35
Company Reports All-Time-High Revenue in May 2025 (Following Record April 2025 Sales) as Gross Margins Rise 25% from Q1 2025 Levels; Growth Momentum Expected to Continue West Seneca, New York, June 23, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced that May 2025 sales reached $1.28 million, marking the Compan ...
Worksport Secures Second National Distributor & Projects $21.5M in Repeatable B2B Revenue
Globenewswire· 2025-06-10 13:00
Dealer Network Expands now to over 550 U.S. Locations; Recurring Revenue Expected to Further Accelerate in 2025. West Seneca, New York, June 10, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced a significant milestone: the addition of a second national automotive distributor. This strategic agreement expands th ...
Worksport Announces Fall 2025 Launch of Highly Anticipated SOLIS & COR Nano-Grid System Following Completion of Major Engineering Milestones
Globenewswire· 2025-06-05 12:15
Worksport Ltd Figure 1: Closeups of the Worksport SOLIS & COR Nano-Grid Company Projects Millions in New 2025 Revenues. Modular Nano-Grid System Delivers 4,000Wh+ of Solar Generated Energy; Targeting Vehicles, Jobsites, Military, and Portable Power Markets. West Seneca, New York, June 05, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer ...
ROHM Develops Breakthrough AI-Equipped MCU
Globenewswire· 2025-06-04 21:00
The industry's first MCU capable of predicting equipment anomalies via on-device learning and inference without a network ROHM Develops AI-Equipped MCUs - ML63Q253x-NNNxx and ML63Q255x-NNNxx Enabling fault prediction and degradation forecasting using sensing data in a wide range of devices, including industrial equipment such as motors Comparison of Cloud-Based AI, Edge AI, Endpoint AI, and ROHM AI MCUs ROHM AI MCUs perform both learning and interference entirely at the endpoint without relying on net ...
Worksport Surpasses Monthly Sales Record in April on Strong AL4 Performance
Globenewswire· 2025-06-02 12:45
AL4 Drives 40% of Sales Within Weeks of Launch; Application Rollout Nearing Completion with Significant Growth Expected to Continue West Seneca, New York, June 02, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is excited to announce record-high April sales totaling about $1.22 million, with its premium AL4 tonneau cover acc ...
Worksport Secures ISO 9001 Certification at U.S. Factory, Unlocking Revenue & OEM Growth Pathways
Globenewswire· 2025-05-28 11:00
Prestigious Global Certification Expected to Accelerate Strategic Supply Relationships with Major Auto OEMs and Distributors West Seneca, New York, May 28, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of premium tonneau covers and clean-energy solutions, proudly announces that its U.S. production facility has officially achieved ISO 9001:2015 certification. This milestone strengthens Worksport's manufacturing credentials and i ...
Worksport .(WKSP) - 2025 Q1 - Earnings Call Transcript
2025-05-15 21:32
Worksport (WKSP) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Company Participants Steven Rossi - Chairman, President, CEO & SecretaryMichael Johnston - Chief Financial Officer Conference Call Participants None - AnalystC.K. Poe Fratt - MD - Equity Research & Senior Transportation Analyst Steven Rossi Discussing key operational milestones and share an updated outlook for 2025. Q '1 of this year was a transformative period for Worksport. We released our flagship higher margin products, the AL four tunnel c ...