Worksport Ltd. (WKSP) Q1 2026 Earnings Call Transcript
Worksport Ltd. (WKSP) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.51.
Worksport Ltd. (WKSP) Q4 2025 Earnings Call Transcript
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Anthony Scaramucci SkyBridge Capital II LLC | 250,195 | $532,915.35 | $200,681.41 | -$332,233.94 | -62.34% |
| MA Marie-Andree Alain Federation des caisses Desjardins du Quebec | 4,000 | $4,200 | $2,839.6 | -$1,360.4 | -32.39% |
| Automobile Components Industry | Consumer Discretionary Sector | Steven F. Rossi CEO | NASDAQ (CM) Exchange | 98139Q308 CUSIP |
| US Country | 122 Employees | - Last Dividend | 29 Mar 2019 Last Split | 15 Jul 2003 IPO Date |
Worksport Ltd. is a company engaged in the design, manufacture, and distribution of truck tonneau covers primarily in Canada and the United States. With a focus on innovation and quality, Worksport provides a range of covers to enhance the functionality and security of pickup trucks. The company operates through its subsidiary and has established a presence both in the wholesale and online retail market sectors. Notably, Worksport Ltd. is in the process of developing new technology with its TerraVis system, which aims to integrate solar power with truck tonneau covers, providing rechargeable portable power solutions for pickup truck owners. Collaborating with Greatcell Energy Pty Ltd., Worksport is working towards sustainable and efficient energy solutions for vehicles. Originally known as Franchise Holdings International, Inc., the company underwent a rebranding to Worksport Ltd. in May 2020, highlighting its focus and commitment to the truck cover industry. Based in Vaughan, Canada, Worksport seeks to serve a broad range of customers, including private labels and original equipment manufacturers (OEMs), by offering innovative products that meet the evolving needs of truck owners.
The SC series includes the SC3, a tri-fold cover that incorporates a rubber gasket to seal the truck bed, effectively protecting the cargo from moisture and debris. An enhanced version, the SC3pro, features a release cable mechanism, allowing for effortless opening of the cover.
Worksport's TC series, specifically the TC3, offers a robust solution with its thick aluminum tri-fold panels. These panels have a honeycomb core and are finished with a durable black, scratch-resistant powder coating, providing superior protection and longevity.
In a pioneering move towards integrating renewable energy with vehicle accessories, Worksport is developing the TerraVis system. This innovative technology involves a solar-powered tonneau cover that not only protects the truck’s cargo area but also serves as a rechargeable power source, offering portability and convenience to pickup truck owners.