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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 Nano-Grid System Selected for Pilot by Top US Construction Group
Globenewswire· 2025-06-25 13:05
Core Insights - Worksport Ltd. has initiated a commercial-use pilot project with a leading U.S. construction firm that operates a fleet of over 1,000 trucks, focusing on the evaluation of Worksport's SOLIS solar tonneau cover and COR portable energy system [1][4] - The collaboration is expected to provide valuable insights into the performance and reliability of Worksport's clean-tech solutions in real-world construction environments, potentially leading to broader adoption across large commercial fleets [4][7] Company Overview - Worksport Ltd. specializes in hybrid and clean energy solutions for light trucks and consumer goods, with a focus on solar integrations and portable power systems [6] - The company has an active partnership with Hyundai for the SOLIS Solar cover and is gaining traction with newer truck makers, including those in the electric vehicle sector [6] Strategic Outlook - The pilot project serves as a structured roadmap for large-scale fleet adoption and provides a real-world use case for Worksport's products, which may lead to future commercial opportunities [4][5] - The construction firm involved has a strong track record with institutional and government clients, including the U.S. Army Corps of Engineers and the Department of Homeland Security, which could enhance Worksport's exposure to additional clients [4] Pilot Project Details - The initial phase of the pilot involves the construction firm receiving two sets of the SOLIS and COR systems to validate their performance and practical benefits [7] - Worksport anticipates a strategic feedback loop with the customer's innovation department to gather performance data and potentially create marketing content [7]
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 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 Forms Strategic Partnership with Patriot Automotive Technologies to Accelerate Nationwide Expansion and Drive Millions in Annual Recurring Revenue
Newsfile· 2025-04-29 12:31
Worksport Forms Strategic Partnership with Patriot Automotive Technologies to Accelerate Nationwide Expansion and Drive Millions in Annual Recurring RevenuePatriot's 200+ U.S. Dealer Network Expected to Sell Worksport-Made Products, Marking a Major Growth Milestone.April 29, 2025 8:31 AM EDT | Source: Worksport Ltd.West Seneca, New York--(Newsfile Corp. - April 29, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean ...