Worksport books $2.92M August orders, up 16.4% MoM; annualized order run rate hits $35.05M

Worksport Ltd

August 2026 sales orders of ~$2.92M, up 16.4% from July's $2.51M; preliminary net sales rose 5.6% MoM to $2.34M.
Estimated month-end backlog jumped 145.1% to ~$898,000 from an updated July balance of $366,000, as orders exceeded invoicing by ~$532,000.
Annualized sales-order run rate of $35.05M vs $30.13M based on July orders, an increase of ~$4.93M, or 16.4%.
Monthly net sales grew from ~$937,000 in January to $2.34M in August (~150%), with growth every month; August was the fourth straight month of preliminary gross margin above 30%.
CEO Steven Rossi said sustaining 30%+ margins while growing revenue could narrow the gap to positive operating cash flow; figures are preliminary and unaudited.

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