secwatch.observer — SEC 8-K summary
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Issuer:     Worksport Ltd (WKSP)
CIK:        0001096275
Form:       8-K
Filed at:   2026-08-26T17:00:41+00:00
Accession:  0001493152-26-040186
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worksport posts record $2.52M July orders; net sales up 6.7% MoM to $2.22M; $30M ARR
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- July product orders hit record ~$2.52M; preliminary net sales $2.22M, up 6.7% from June and 60.6% from March.
- Preliminary gross margin 30.8%, third straight month above 30%; gross profit ~$0.68M.
- Monthly net sales rose every month in 2026 through July, from ~$1.38M in March to $2.22M in July, ~12.9% avg MoM growth.
- Month-end backlog ~$0.30M; annualized revenue rate $30M, expected to keep rising.
- CEO Steven Rossi cites consistent commercial momentum and focus on margin protection and cash performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1096275/000149315226040186/0001493152-26-040186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1096275/000149315226040186/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-040186

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