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wksp: the income statement
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Soft Tonneau Covers
$131,890
Hard Tonneau Covers
$4,881,982
Net loss
-$4,928,679
(-19.20%↓ Y/Y)
Net sales
$5,013,872
(60.58%↑ Y/Y)
Total other income
(expense)
-$135,908
(40.83%↑ Y/Y)
Loss from operations
-$4,792,771
(-22.73%↓ Y/Y)
Interest income
$2,979
Gross profit
$1,568,784
(534.69%↑ Y/Y)
Cost of sales
$3,445,088
(19.82%↑ Y/Y)
Interest expense
$138,887
(-39.54%↓ Y/Y)
Total operating
expenses
$6,361,555
(53.20%↑ Y/Y)
(gain) loss on foreign
exchange
$491
(-91.58%↓ Y/Y)
Professional fees
$748,656
(20.42%↑ Y/Y)
Sales and marketing
$2,362,195
(257.24%↑ Y/Y)
General and
administrative
$2,950,100
(2.60%↑ Y/Y)
Research and development
$301,095
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Income Statement
source: myfinsight.com
Worksport Ltd (WKSP)
Worksport Ltd (WKSP)