Worksport Ltd
NASDAQ:WKSP
Gross Margin
Worksport Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
Worksport Ltd
NASDAQ:WKSP
|
1.2B USD |
11%
|
|
| KR |
|
Dayou Plus Co Ltd
KRX:000300
|
83.5T KRW |
0%
|
|
| JP |
|
Denso Corp
TSE:6902
|
5.8T JPY |
15%
|
|
| CN |
|
Fuyao Glass Industry Group Co Ltd
SSE:600660
|
150.9B CNY |
37%
|
|
| KR |
|
Hyundai Mobis Co Ltd
KRX:012330
|
25.7T KRW |
14%
|
|
| DE |
|
Continental AG
XETRA:CON
|
14.2B EUR |
22%
|
|
| IE |
|
Aptiv PLC
NYSE:APTV
|
15.2B USD |
19%
|
|
| JP |
|
Sumitomo Electric Industries Ltd
TSE:5802
|
2.2T JPY |
18%
|
|
| CN |
|
Ningbo Tuopu Group Co Ltd
SSE:601689
|
97.7B CNY |
21%
|
|
| IN |
|
Samvardhana Motherson International Ltd
NSE:MOTHERSON
|
950.5B INR |
47%
|
|
| DE |
|
HELLA GmbH & Co KGaA
XETRA:HLE
|
9.8B EUR |
21%
|
Worksport Ltd
Glance View
Worksport Ltd. designs and distributes pickup truck covers called tonneau covers throughout the United States and Canada. The company is headquartered in Mississauga, Ontario and currently employs 11 full-time employees. The company went IPO on 2001-06-21. The Company, through its subsidiaries, designs, develops, manufactures, and owns the intellectual property (IP) on a variety of tonneau covers, solar integrations, and hydrogen-based, Non-Parasitic (NP) green energy solutions for the renewable, clean energy, and automotive industries. Its Tonneau covers are an aftermarket accessory that provides security and protection for cargo to personal pickup truck owners. The firm is also developing two component system called the TerraVis that consists of a solar tonneau cover and portable core battery. The firm's products include the SC (Soft Cover) SC3, SC3pro and TC (Tough Cover) TC3 lines. The company distributes its tonneau covers through wholesalers and online retail channels in Canada and the United States. The company also provides its tonneau covers for private labels and original equipment manufacturers (OEM).
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Worksport Ltd's most recent financial statements, the company has Gross Margin of 10.5%.
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