Worksport secures second national distributor; projects $21.5M repeatable B2B revenue

Worksport Ltd

Second national distributor adds ~250 dealer accounts; total dealer network exceeds 550 U.S. locations.
At full activation, annual repeatable B2B revenue projected at $21.5M from current dealer scale alone.
Full-year 2025 revenue guidance reaffirmed at $20-$25M, representing 2.5-3x YoY growth.
Q1 2025 gross margin increased 157% YoY; e-commerce generating ~$1M monthly.
SOLIS solar tonneau and COR energy storage launch expected Fall 2025.

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