Worksport Ltd — Income Charts
2 years of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Revenue, Gross Profit, Operating Income & Net Income
Margin (%)
Operating Expenses
Income Breakdown
Revenue
$16M
Cost of Revenue
$12M
Gross Profit
$4M
R&D
$2M
SG&A
$21M
D&A
$2M
Operating Income
$-19M
EBITDA
$-17M
Interest Expense
$593K
Interest Income
$37K
Other Income/Expense
$54K
Pretax Income
$-19M
Tax Provision
—
Net Income
$-19M
Gross Margin
27.8%
Operating Margin
-116.8%
Net Margin
-120.2%
Effective Tax Rate
—
DTA Valuation Allowance
$16M
Tax Credit Carryforwards
$180K
NOL Carryforwards
$59M
ETR (Continuing Operations)
0.0%
ETR Federal Statutory
21.0%
ETR State + Local (pp)
-0.7%
Operating Lease Cost
$268K
Revenue YoY Variation
89.8%
Income YoY Variation
-21.6%