Worksport reports May revenue $1.28M, 2nd straight record; gross margin up 25% from Q1

Worksport Ltd

May 2025 revenue $1.28M, second consecutive record month; April+May revenue surpasses entire Q1 2025.
Gross margins improved 25% over Q1 2025, approaching 23%; management projects ~30% by year-end.
Dealer network expanded from 94 in Q4 2024 to over 550, including two national distributors.
2025 revenue projected ~$20M, up from $8.5M in 2024; cash flow positivity expected by year-end.
SOLIS solar cover and COR nano-grid system launching fall 2025, targeting clean energy markets.

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