other material
confidence high
sentiment positive
materiality 0.60
Worksport CEO buys $75,000 stock; reaffirms $35-42M 2026 revenue and margin targets
Worksport Ltd
- CEO Steven Rossi acquired 88,214 shares at $0.8502 (aggregate $75,000) in lieu of cash bonus.
- Revenue grew from $1.5M (2023) to $16.1M (2025); 2026 guidance of $35-42M.
- Gross margin expanded from ~11% (Q4 2024) to ~30% (Q4 2025); target of ~35% in 2026.
- Company expects operational cash-flow positivity at $9-11M quarterly revenue, targeting H2 2026.
- Dealer network grew from under 100 to over 550 locations across North America.