Worksport Ltd
NASDAQ:WKSP

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Worksport Ltd
NASDAQ:WKSP
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Price: 3.77 USD 3.57% Market Closed
Market Cap: 1.2B USD

Net Margin
Worksport Ltd

-242.7%
Current
-4 550%
Average
3.9%
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

Worksport Ltd
Glance View

Market Cap
1.2B 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
15.96 USD
Undervaluation 76%
Intrinsic Value
Price
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%.

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