earnings
confidence high
sentiment positive
materiality 0.65
Worksport reports 132% gross profit growth Apr-Jun; June net sales $2.08M, gross profit $720K
Worksport Ltd
- Net sales rose 46% from April ($1.43M) to June ($2.08M); gross profit up 132% ($310K to $720K).
- Gross margin run rate above 35%, up from 26% in Q1 2026, an improvement of ~1000 bps.
- Monthly gross profit increased by $410K between April and June, outpacing top-line growth.
- Company expects to file Q2 2026 results by August 11, 2026; figures are preliminary and unaudited.
- CEO Steven Rossi says trend positions Worksport for near-term operational cash-flow positivity.