WKSP news

Worksport signed a term sheet to acquire a U.S.-manufactured truck bed accessory business to expand its product offerings. This strategic move aims to leverage the company's distribution network and manufacturing infrastructure to drive future growth.

Worksport announced August 2026 orders of approximately $2.92 million, representing an annualized sales-run rate of $35.05 million and an increase in backlog to approximately $898,000. The company reported eight consecutive months of sales growth and preliminary gross margins above 30%.

Worksport reported record product orders of $2.52 million in July, driving the net sales to $2.22 million (up 6.7% from June) and marking the seventh consecutive month of sales growth.

Worksport announced its Q2 2026 financial results call and a subsequent investor town hall. CEO Rossi believes the market valuation does not yet fully reflect the company's recent operational progress.

Worksport's June 2026 net sales increased 46% to $2.08 million, with gross profit jumping 132% to $720,000, driving record margins and moving the company closer to cash-flow breakeven.

Worksport regained compliance with Nasdaq's $1 minimum bid price requirement and scheduled an upcoming investor town hall to discuss strategic growth and operational expansion.

Worksport Ltd. entered an exclusive placement agency agreement with D. Boral Capital to sell registered common stock and warrants. The arrangement signifies the company's intent to fund operations or other initiatives through this upcoming placement.

Worksport Ltd announced record 35% gross margin in May 2026, up 660 basis points from Q1, and secured Meyer Distributing as a national distribution partner while targeting $36M+ annual revenue run-rate. The company believes these operational inflections position it toward near-term cash-flow positiv…

Worksport CEO Steven Rossi elected to receive company stock instead of $50,000 cash compensation at $0.6280 per share, marking his second such acquisition in two months. The insider buying signals management confidence in the company's path to operational cash-flow positivity and belief that current…

Worksport's clean-energy subsidiary Terravis Energy received U.S. Patent No. 12,624,872 for its AetherLux heat-pump system with ZeroFrost technology, designed to address frost buildup in cold-climate applications. The patent strengthens the company's IP position as the global heat pump market is pro…