
Worksport Ltd
NASDAQ:WKSP

Income Statement
Earnings Waterfall
Worksport Ltd
Revenue
|
6.4m
USD
|
Cost of Revenue
|
-5.7m
USD
|
Gross Profit
|
673.4k
USD
|
Operating Expenses
|
-15.7m
USD
|
Operating Income
|
-15m
USD
|
Other Expenses
|
-519.5k
USD
|
Net Income
|
-15.5m
USD
|
Income Statement
Worksport Ltd
Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
0
N/A
|
1
N/A
|
1
+14%
|
1
+28%
|
1
+17%
|
1
-36%
|
1
+2%
|
1
-24%
|
1
+2%
|
0
-29%
|
0
+3%
|
0
+11%
|
0
-34%
|
0
+52%
|
0
+12%
|
1
+15%
|
1
-2%
|
0
-8%
|
1
+88%
|
1
+42%
|
2
+67%
|
2
-10%
|
1
-27%
|
1
-32%
|
0
-79%
|
0
+75%
|
0
-9%
|
0
+38%
|
0
-7%
|
0
-27%
|
0
+17%
|
0
-51%
|
0
-41%
|
0
+20%
|
0
-17%
|
0
+190%
|
1
+152%
|
2
+110%
|
2
+32%
|
4
+86%
|
6
+71%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(6)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
-88%
|
0
+200%
|
0
+33%
|
0
+50%
|
0
N/A
|
0
-25%
|
0
+11%
|
0
-70%
|
0
+67%
|
0
N/A
|
0
-60%
|
0
+800%
|
0
-11%
|
0
+13%
|
0
-28%
|
0
-23%
|
0
+120%
|
0
+55%
|
1
+74%
|
0
-59%
|
0
-54%
|
(0)
N/A
|
(0)
-600%
|
0
N/A
|
(0)
N/A
|
0
N/A
|
0
-50%
|
(0)
N/A
|
0
N/A
|
(0)
N/A
|
(0)
N/A
|
0
N/A
|
0
N/A
|
0
+83%
|
0
+73%
|
0
+27%
|
0
+12%
|
1
+91%
|
1
+30%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(8)
|
(9)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
|
Selling, General & Administrative |
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(8)
|
(9)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(0)
N/A
|
(0)
-4 600%
|
(1)
-6%
|
(1)
-164%
|
(3)
-92%
|
(3)
-35%
|
(3)
-1%
|
(3)
+21%
|
(2)
+42%
|
(0)
+78%
|
(2)
-377%
|
(2)
+1%
|
(2)
-4%
|
(2)
-4%
|
(1)
+69%
|
(1)
-105%
|
(1)
+17%
|
(1)
-19%
|
(1)
+8%
|
(1)
+27%
|
(0)
+39%
|
(1)
-24%
|
(0)
+40%
|
(0)
-38%
|
(1)
-134%
|
(1)
+11%
|
(2)
-88%
|
(3)
-36%
|
(4)
-67%
|
(8)
-80%
|
(9)
-24%
|
(12)
-27%
|
(13)
-8%
|
(13)
N/A
|
(14)
-6%
|
(14)
-3%
|
(15)
-7%
|
(15)
+1%
|
(15)
-1%
|
(15)
-1%
|
(15)
+0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(0)
N/A
|
(0)
-4 700%
|
(1)
-4%
|
(1)
-164%
|
(3)
-93%
|
(3)
-37%
|
(4)
-2%
|
(3)
+16%
|
(2)
+39%
|
(1)
+37%
|
(3)
-163%
|
(4)
-29%
|
(4)
-1%
|
(3)
+13%
|
(2)
+37%
|
(1)
+38%
|
(2)
-14%
|
(2)
-17%
|
(1)
+32%
|
(1)
+24%
|
(0)
+63%
|
(0)
-6%
|
(0)
-6%
|
(1)
-50%
|
(1)
-153%
|
(1)
+17%
|
(2)
-89%
|
(3)
-28%
|
(4)
-51%
|
(8)
-82%
|
(9)
-20%
|
(12)
-27%
|
(13)
-7%
|
(13)
+3%
|
(13)
-6%
|
(14)
-3%
|
(15)
-8%
|
(15)
-1%
|
(15)
-1%
|
(15)
-1%
|
(16)
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(0)
|
(0)
|
(1)
|
(1)
|
(3)
|
(3)
|
(4)
|
(3)
|
(2)
|
(1)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(8)
|
(9)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
|
Net Income (Common) |
(0)
N/A
|
(0)
-4 700%
|
(1)
-4%
|
(1)
-164%
|
(3)
-93%
|
(3)
-37%
|
(4)
-2%
|
(3)
+16%
|
(2)
+39%
|
(1)
+37%
|
(3)
-163%
|
(4)
-29%
|
(4)
-1%
|
(3)
+13%
|
(2)
+37%
|
(1)
+38%
|
(2)
-14%
|
(2)
-17%
|
(1)
+32%
|
(1)
+24%
|
(0)
+63%
|
(0)
-6%
|
(0)
-6%
|
(1)
-50%
|
(1)
-153%
|
(1)
+17%
|
(2)
-89%
|
(3)
-28%
|
(4)
-51%
|
(8)
-82%
|
(9)
-20%
|
(12)
-27%
|
(13)
-7%
|
(13)
+3%
|
(13)
-6%
|
(14)
-3%
|
(15)
-8%
|
(15)
-1%
|
(15)
-1%
|
(15)
-1%
|
(16)
-1%
|
|
EPS (Diluted) |
-0.5
N/A
|
-457.24
-91 348%
|
-16.66
+96%
|
-6.59
+60%
|
-9.8
-49%
|
-10.26
-5%
|
-6.33
+38%
|
-5.3
+16%
|
-3.24
+39%
|
-2.02
+38%
|
-2.63
-30%
|
-2.2
+16%
|
-2.28
-4%
|
-2.42
-6%
|
-2.09
+14%
|
-1.27
+39%
|
-1.29
-2%
|
-1.58
-22%
|
-0.96
+39%
|
-0.65
+32%
|
-0.12
+82%
|
-0.2
-67%
|
-0.15
+25%
|
-0.23
-53%
|
-0.5
-117%
|
-0.43
+14%
|
-0.43
N/A
|
-0.29
+33%
|
-0.3
-3%
|
-0.69
-130%
|
-0.55
+20%
|
-0.7
-27%
|
-0.76
-9%
|
-0.73
+4%
|
-0.78
-7%
|
-0.8
-3%
|
-0.86
-7%
|
-0.84
+2%
|
-0.71
+15%
|
-0.59
+17%
|
-0.52
+12%
|