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Income Statement
Worksport Ltd (WKSP)
source: myfinsight.com
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Hard Tonneau Covers
$3,981,689
Soft Tonneau Covers
$123,269
Net loss
-$3,734,484
(6.95%↑ Y/Y)
Net sales
$4,104,958
(113.63%↑ Y/Y)
Total other income
(expense)
-$116,853
(-13.84%↓ Y/Y)
Loss from operations
-$3,617,631
(7.50%↑ Y/Y)
Interest income
$11,303
Gross profit
$1,082,112
(264.80%↑ Y/Y)
Cost of sales
$3,022,846
(86.03%↑ Y/Y)
Interest expense
$128,156
(-4.48%↓ Y/Y)
Total operating
expenses
$4,699,743
(11.70%↑ Y/Y)
(gain) loss on foreign
exchange
$1,993
(112.75%↑ Y/Y)
General and
administrative
$2,454,055
(-16.71%↓ Y/Y)
Professional fees
$637,493
(-16.84%↓ Y/Y)
Research and development
$304,833
Sales and marketing
$1,305,355
(172.64%↑ Y/Y)
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