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Worksport Ltd

2.58

+0.02000.78%

Volume:133.66K

Turnover:351.09K

Market Cap:12.37M

PE:-0.44

High:2.83

Open:2.72

Low:2.44

Close:2.56

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Overview Company News Filings

Worksport Projects Growth with Strategic Expansions in 2025

Worksport Shares Jump as Company Expects 2024 Revenue Guidance Beat

MT Newswires Live

Worksport expects to exceed 2024 revenue view of $8M

BRIEF-Worksport Ltd Projects Exceeding Its 2024 Revenue Guidance Of $8 Mln

Worksport Ltd: Projects Exceeding Its 2024 Revenue Guidance of $8 Mln

THOMSON REUTERS

Worksport Ltd: Looking Ahead to 2025, Company Anticipates Revenue Growth in Multiples of Today's Level

THOMSON REUTERS

Alliance Global Partners Initiates Coverage on Worksport With Buy Rating, $2 Price Target

MT Newswires Live

Worksport Ltd : Alliance Global Partners Initiates Coverage With Buy Rating; Target Price $2

THOMSON REUTERS

Worksport Shares Surge After $5 Million Crypto Allocation, Dealer Growth

MT Newswires Live

Worksport Reports 'Significant Sales Growth' in B2C, B2B Segments in November

MT Newswires Live

BRIEF-Worksport Sees 51% B2C And 60% B2B Sales Growth In November

Worksport Ltd - Sees 51% B2c and 60% B2b Sales Growth in November

THOMSON REUTERS

EXCLUSIVE: Worksport Shifts To Higher Margin Products, Sees Strong Demand In Holiday Season

Public Company Worksport to Invest $5 Million in Bitcoin and XRP For Treasury

Worksport to adopt cryptocurrency, bitcoin and XRP for corporate treasury

Worksport Bitcoin to adopt cryptocurrency, bitcoin for corporate treasury

Worksport (Wksp) to Adopt Cryptocurrency, Bitcoin and Xrp for Corporate Treasury

THOMSON REUTERS

Worksport : to Convert Interest Earnings to Cryptocurrency, Allocate up to 10% of Excess Operational Cash, Enable Crypto Transactions on Worksport.com

THOMSON REUTERS

Worksport Ltd: Board Approved Purchase of up to $5 Mln in Bitcoin and Xrp, Limited to a Maximum of 10% of Excess Operational Cash

THOMSON REUTERS

Corporate Bitcoin Treasuries Are All the Rage. Now XRP?

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Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. Worksport Ltd. reflected on a pivotal 2024, marked by significant growth and milestones such as U.S. manufacturing expansion and a 275% revenue increase. Looking ahead to 2025, the company plans product launches and strategic expansions to enhance market positioning, with projections of substantial revenue growth and initiatives like investing in crypto assets.Worksport Ltd. is a U.S.-based manufacturer and innovator in the hybrid and clean energy solutions sector, primarily focusing on the light truck, overlanding, and global consumer goods markets. The company designs and manufactures tonneau covers, solar integrations, and hydrogen-based energy solutions, aiming to capitalize on the shift towards clean energy with partnerships including Hyundai.Learn more about WKSP stock on TipRanks’","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/worksport-projects-growth-strategic-expansions-132851162.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; 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int...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/worksport-expects-to-exceed-2024-revenue-view-of-8m?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/worksport-expects-to-exceed-2024-revenue-view-of-8m?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["WKSP","BK4124"],"gpt_icon":0},{"id":"2495375544","title":"BRIEF-Worksport Ltd Projects Exceeding Its 2024 Revenue Guidance Of $8 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02:00","pubTimestamp":1734112823,"startTime":"0","endTime":"0","summary":"Worksport (WKSP) shares were surging over 19% in recent trading on Friday after the company said it is allocating up to $5 million in Bitcoin and Ripple to diversify its corporate treasury.The allocat","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["TON.USD.CC","APT.USD.HKCC","BK4124","TON.USD.HKCC","RNDR.USD.HKCC","WKSP","BTC.USD.HKCC","APT.USD.CC","BTC.USD.CC"],"gpt_icon":1},{"id":"2489250958","title":"Worksport Reports 'Significant Sales Growth' in B2C, B2B Segments in November","url":"https://stock-news.laohu8.com/highlight/detail?id=2489250958","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489250958?lang=en_us&edition=fundamental","pubTime":"2024-12-07 03:14","pubTimestamp":1733512472,"startTime":"0","endTime":"0","summary":"Worksport  said Friday that its business-to-consumer and business-to-business sales grew 51% and 60% in November, respectively, compared with September.October B2C and B2B sales grew by 16% and 38%, respectively, according to the company.The company said that it has discontinued private label sales and that the shift has already generated results, as November gross margins improved \"notably\" relative to Q3 2024 levels.Shares of the company were up nearly 16% in recent trading.Price: 0.77, Change: +0.10, Percent Change: +15.81","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["WKSP"],"gpt_icon":0},{"id":"2489233886","title":"BRIEF-Worksport Sees 51% B2C And 60% B2B Sales Growth In November","url":"https://stock-news.laohu8.com/highlight/detail?id=2489233886","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489233886?lang=en_us&edition=fundamental","pubTime":"2024-12-06 21:51","pubTimestamp":1733493098,"startTime":"0","endTime":"0","summary":"BRIEF-Worksport Sees 51% B2C And 60% B2B Sales Growth In NovemberDec 6 (Reuters) - Worksport Ltd WKSP.O:WORKSPORT LTD - SEES 51% B2C AND 60% B2B SALES GROWTH IN NOVEMBERFurther company coverage: WKSP.O ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241206:nFWN3N70NG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["WKSP"],"gpt_icon":0},{"id":"2489380212","title":"Worksport Ltd - Sees 51% B2c and 60% B2b Sales Growth in November","url":"https://stock-news.laohu8.com/highlight/detail?id=2489380212","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489380212?lang=en_us&edition=fundamental","pubTime":"2024-12-06 21:50","pubTimestamp":1733493055,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241206:nFWN3N70NG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["WKSP","BK4124"],"gpt_icon":0},{"id":"2489356112","title":"EXCLUSIVE: Worksport Shifts To Higher Margin Products, Sees Strong Demand In Holiday Season","url":"https://stock-news.laohu8.com/highlight/detail?id=2489356112","media":"Benzinga","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489356112?lang=en_us&edition=fundamental","pubTime":"2024-12-06 21:30","pubTimestamp":1733491816,"startTime":"0","endTime":"0","summary":"On Friday, Worksport Ltd  announced sales growth in its business-to-consumer  and business-to-business  segments for October and November 2024.The company said it saw improved gross margins, a key objective in its strategic shift to selling the higher-margin Worksport branded products exclusively and discontinuing all current lower-margin private label programs.CEO Steven Rossi said that during this holiday period, demand surged to over three times the company’s all-time daily sales record set in the third quarter.Also Read: Adobe Poised To Lead With Strong Subscriptions, Analyst Says. In October 2024, B2C sales grew 16% compared to September. In November 2024, B2C sales rose 51% from September, reflecting growing consumer adoption of Worksport’s products.In November, Worksport announced an ambitious target to increase its average monthly B2C sales by 100% to $1 million per month in the third quarter.In October 2024, non-private-label B2B sales increased by 38% compared to September. I","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/yM.3OkVEUcVU84SFE9zg6w--~B/aD01NTM7dz05ODM7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/Benzinga/1e94bf525f7a1367e3d1e468758cdec2","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/yM.3OkVEUcVU84SFE9zg6w--~B/aD01NTM7dz05ODM7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/Benzinga/1e94bf525f7a1367e3d1e468758cdec2"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/exclusive-worksport-shifts-higher-margin-133016037.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4124","WKSPW","WKSP"],"gpt_icon":0},{"id":"2489492314","title":"Public Company Worksport to Invest $5 Million in Bitcoin and XRP For Treasury","url":"https://stock-news.laohu8.com/highlight/detail?id=2489492314","media":"BE[IN]CRYPTO","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489492314?lang=en_us&edition=fundamental","pubTime":"2024-12-06 07:45","pubTimestamp":1733442336,"startTime":"0","endTime":"0","summary":"Worksport Limited invests $5M in Bitcoin and XRP to diversify holdings and leverage crypto as a hedge against inflation.The company will integrate cryptocurrency payments into its e-commerce platform, reducing transaction costs by 37%.Worksport's move follows a growing trend of institutional adoption, aligning with companies like MicroStrategy and MARA.Worksport, a publicly listed auto parts company in the US, announced plans to invest $5 million in Bitcoin and XRP as part of a strategy to diversify its holdings and improve transaction efficiency.According to its statement, the move reflects the company’s confidence in cryptocurrency as a long-term store of value and a hedge against inflation, aligning with the global trend of institutional adoption.The company outlined its intent to allocate up to 10% of excess cash from operations toward crypto investments. The initial phase of this strategy will see a $5 million purchase of Bitcoin and XRP.Following the announcement, Worksport’s sto","market":"us","thumbnail":"https://beincrypto.com/wp-content/uploads/2024/11/bic_predictions_bitcoin-850x478.png","type":0,"news_type":0,"thumbnails":["https://beincrypto.com/wp-content/uploads/2024/11/bic_predictions_bitcoin-850x478.png"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://beincrypto.com/worksport-bitcoin-investment-crypto-diversification/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"beincrypto_highlight","symbols":["TON.USD.HKCC","BK4595","BK4594","APT.USD.HKCC","BTC.USD.HKCC","BK4547","BK4601","RNDR.USD.HKCC","WKSP","BK4124","BK4596","BK4585","BK4588","BK4516","BTC","TON.USD.CC","BK4600","BTC.USD.CC","MARA","BK4023","APT.USD.CC"],"gpt_icon":1},{"id":"2489469583","title":"Worksport to adopt cryptocurrency, bitcoin and XRP for corporate treasury","url":"https://stock-news.laohu8.com/highlight/detail?id=2489469583","media":"seekingalpha","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489469583?lang=en_us&edition=fundamental","pubTime":"2024-12-05 22:25","pubTimestamp":1733408747,"startTime":"0","endTime":"0","summary":"Worksport Ltd. 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