Core Insights - Hybrid Power Solutions Inc. has partnered with Terrapass to provide customers with a way to offset carbon emissions even when using hybrid systems that include generators [1][2][3] - The partnership allows clients to calculate and offset emissions through certified carbon credits, addressing the environmental impact of backup generators [2][3] - The collaboration aims to streamline emissions reporting and credit purchasing, making it easier for clients to meet sustainability goals without compromising operations [4][7] Company Overview - Hybrid Power Solutions is a Canadian clean energy innovator focused on developing portable power systems that minimize or eliminate the need for fossil fuels in off-grid and remote applications [5] - Terrapass is a social enterprise dedicated to reducing climate change and supports projects that reduce greenhouse gas emissions and produce renewable energy [5] Partnership Benefits - Clients can purchase verified carbon credits to balance emissions from hybrid systems, ensuring trackable impact through reports that quantify offset amounts and project types [7] - The partnership supports certified projects in forestry, methane capture, and refrigerant recycling, allowing clients to operate mission-critical equipment while achieving ESG targets [7]

Core Insights - Worksport Ltd. achieved record revenue of $1.28 million in May 2025, marking the second consecutive month of record-breaking sales, with gross margins improving by 25% from Q1 2025 levels [1][2][7] - The company anticipates continued growth momentum, projecting approximately $20 million in revenue by year-end 2025, significantly higher than the $8.5 million in 2024 [4][5] Revenue and Profitability - Worksport's revenues for April and May 2025 have already surpassed total revenue for Q1 2025, indicating strong sales momentum [2] - The company reported revenue of $1.5 million in 2023 and $8.5 million in 2024, with a target of reaching around $20 million by the end of 2025, aiming for cash flow positivity and sustained profitability [4] Gross Margin and Operational Efficiency - Gross margins improved to approximately 23% in May 2025, driven by a focus on higher-value branded products and operational efficiencies, with expectations to reach 30% by year-end [7] - The manufacturing facility in New York utilizes over 90% domestic content, contributing to the improved gross margins [7] Distribution Network and Growth Outlook - Worksport's dealer network expanded from 94 in Q4 2024 to over 550, including two major national distributors added in spring 2025, which is expected to enhance sales further [7] - The company anticipates June 2025 to be another strong month as new distributors ramp up orders [3][7] Product Launch and Market Potential - The upcoming launch of the SOLIS solar tonneau cover and COR portable nano-grid power system in fall 2025 is expected to tap into multi-billion-dollar clean energy and portable power markets [5] - Management believes these high-margin, IP-protected products will drive significant growth in the coming years [5]

Group 1 - Hybrid Power Solutions Inc. has announced a new dealer agreement with One Stop Truck & Equipment to distribute its portable power systems [1][2] - The agreement allows One Stop to utilize Hybrid's battery technology, including the Batt Pack and Batt Pack Jupiter, to provide sustainable power solutions [2] - This partnership aims to enhance the adoption of clean energy solutions in California and supports both companies' commitment to environmental sustainability [3] Group 2 - Hybrid Power Solutions specializes in developing portable power systems that eliminate the need for fossil fuels, focusing on off-grid and remote applications [4] - The company is listed on the Canadian Securities Exchange under the symbol "HPSS" and is committed to leading the clean energy transition through technological innovation [4] - One Stop Truck & Equipment is a trusted provider of truck and equipment solutions, serving various industries with high-quality products [5]

Core Viewpoint - Worksport Ltd. is set to release its financial results for Q1 fiscal year 2025 on May 15, 2025, after market closes, indicating a focus on transparency and investor engagement [1] Financial Performance and Outlook - The company will provide insights into its recent financial performance and outlook for 2025 during a live webcast, emphasizing that its current market valuation may not reflect its underlying strengths [2] - Management is focused on achieving cash-flow positivity and driving significant growth in the coming year [2] Strategic Initiatives and Product Development - Participants in the webcast will gain insights into Worksport's strategic initiatives, product development roadmap, and overall financial trajectory [3] - Worksport designs and manufactures a variety of products including tonneau covers, solar integrations, and portable power systems, with a partnership with Hyundai for the SOLIS Solar cover [4] Market Position and Consumer Trends - The company aims to capitalize on the growing consumer shift towards clean energy integrations with proprietary solar solutions and mobile energy storage systems [4] - Worksport's hard-folding cover is compatible with all major truck models and is gaining traction with newer truck makers, including those in the electric vehicle sector [4]