Worksport Ltd
NASDAQ:WKSP

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Worksport Ltd
NASDAQ:WKSP
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Price: 0.6101 USD 0.51% Market Closed
Market Cap: 18.9m USD
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Net Margin
Worksport Ltd

-242.7%
Current
-4 550%
Average
4.2%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-242.7%
=
Net Income
-15.5m
/
Revenue
6.4m

Net Margin Across Competitors

Country CA
Market Cap 18.9m USD
Net Margin
-243%
Country JP
Market Cap 6.3T JPY
Net Margin
5%
Country CN
Market Cap 145.1B CNY
Net Margin
19%
Country KR
Market Cap 22.3T KRW
Net Margin
6%
Country JP
Market Cap 2.2T JPY
Net Margin
4%
Country IN
Market Cap 1.1T INR
Net Margin
3%
Country DE
Market Cap 12.3B EUR
Net Margin
2%
Country IE
Market Cap 13B USD
Net Margin
12%
Country CA
Market Cap 17.8B CAD
Net Margin
3%
Country IN
Market Cap 1T INR
Net Margin
15%
Country CN
Market Cap 83B CNY
Net Margin
11%
No Stocks Found

Worksport Ltd
Glance View

Market Cap
18.9m USD
Industry
Auto Components

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).

WKSP Intrinsic Value
1.634 USD
Undervaluation 63%
Intrinsic Value
Price

See Also

Discover More
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-242.7%
=
Net Income
-15.5m
/
Revenue
6.4m
What is the Net Margin of Worksport Ltd?

Based on Worksport Ltd's most recent financial statements, the company has Net Margin of -242.7%.