other material
confidence high
sentiment positive
materiality 0.70
Worksport B2B dealer network up 42% QoQ; B2B revenue grows 25% monthly
Worksport Ltd
- Active dealer network grew to 266 from 187 since June, a 42% increase in one quarter.
- B2B revenue compounding at 25% geometric average monthly rate; August set record B2B sales.
- Gross margins improved from 11% (Q4 2024) to 31% (July 2025) on branded product shift.
- HD3 tonneau cover and new model for Spring 2026; SOLIS/COR clean-tech on track for late Q4 2025.
- Hyundai partnership for SOLIS solar cover continues; CEO says company entering strongest growth phase.