For the quarter ending 2026-03-31, WKSP made $3,312,800 in revenue. -$5,828,522 in net income. Net profit margin of -175.94%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net sales | 3,312,800 | 4,742,903 | 5,013,872 | 4,104,958 |
| Cost of sales | 2,458,854 | 3,315,113 | 3,445,088 | 3,022,846 |
| Gross profit | 853,946 | 1,427,790 | 1,568,784 | 1,082,112 |
| Research and development | 205,333 | 563,394 | 301,095 | 304,833 |
| Professional fees | - | - | 748,656 | 637,493 |
| General and administrative | 4,239,154 | 6,413,390 | 2,950,100 | 2,454,055 |
| Sales and marketing | 2,155,867 | 2,410,372 | 2,362,195 | 1,305,355 |
| (gain) loss on foreign exchange | 2,231 | 458 | 491 | 1,993 |
| Total operating expenses | 6,598,123 | 7,574,508 | 6,361,555 | 4,699,743 |
| Loss from operations | -5,744,177 | -6,146,718 | -4,792,771 | -3,617,631 |
| Interest income | - | - | 2,979 | 11,303 |
| Rental income | - | - | - | 0 |
| Interest expense | 92,383 | 130,274 | 138,887 | 128,156 |
| Other | 8,038 | 48,322 | - | 0 |
| Total other income (expense) | -84,345 | -81,952 | -135,908 | -116,853 |
| Net loss | -5,828,522 | -6,228,670 | -4,928,679 | -3,734,484 |
| Basic EPS | -0.54 | -1.014 | -0.75 | -0.71 |
| Diluted EPS | -0.54 | -1.014 | -0.75 | -0.71 |
| Basic Average Shares | 10,778,204 | 6,143,122* | 6,563,228 | 5,285,705 |
| Diluted Average Shares | 10,778,204 | 6,143,122* | 6,563,228 | 5,285,705 |
Worksport Ltd (WKSP)
Worksport Ltd (WKSP)