Worksport ($WKSP) Sets Guidance for 300-433% Revenue Growth in 2024
West Seneca, New York--(Newsfile Corp. - May 23, 2024) - Worksport Ltd. (NASDAQ: WKSP), a key U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today laid out its 2024 revenue forecast, highlighting significant growth trajectories and forward-looking operational strategies.Strategic Advances and Future OutlookThe Company forecasts revenue growth from $1.5 million in year-end 2023 to between $6...
2024-05-23 8:00 AM EDT
Worksport Reports 1,506% Surge in Q1 Revenue, Announces Forward Guidance
West Seneca, New York--(Newsfile Corp. - May 16, 2024) - Worksport Ltd. (NASDAQ: WKSP), a key US-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today reported the financial results for the first quarter of its fiscal year (Q1 FY 2024) ended March 31, 2024. Worksport reports a 1,506% revenue increase in Q1 2024 vs. Q1 2023, while cutting 4.8% in operational expenses over the same periods. Gross margins...
2024-05-16 8:22 AM EDT
Worksport Announces $2.8 Million Grant from New York State; Plans Significant Growth & Innovation
West Seneca, New York--(Newsfile Corp. - May 8, 2024) - Worksport Ltd. (NASDAQ: WKSP), a leading U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced being awarded a major grant worth up to $2.8MM from the State of New York through the Excelsior Jobs Program for job creation and wage support. This grant, following a strategic low-cost power award from New York Power Authority (NYPA) in...
2024-05-08 8:00 AM EDT
Worksport Announces Monumental Partnership to Tap $3 Billion Market
West Seneca, New York--(Newsfile Corp. - May 2, 2024) - Worksport Ltd. (NASDAQ: WKSP), a U.S.-based manufacturer dedicated to developing innovative hybrid and clean energy solutions in light truck, overlanding, and global consumer goods markets, today announced a strategic partnership with Chief of Chaos, the masterminds behind the explosive growth of global leaders like Instacart, Manscaped, Paramount+, and Uber. This company believes this collaboration is set to propel Worksport into the...
2024-05-02 8:01 AM EDT
Worksport Signals Undervalued Status, Eyes Major 2024 Growth
West Seneca, New York--(Newsfile Corp. - April 25, 2024) - Worksport Ltd. (NASDAQ: WKSP) (NASDAQ: WKSPW), a U.S.-based manufacturer dedicated to developing innovative hybrid and clean energy solutions in light truck, overlanding, and global consumer goods markets, today released a memo to shareholders, iterating management's outlook on maximizing shareholder value and setting the stage for a transformative year in projected growth for 2024, on all fronts. "As we steer through a pivotal phase...
2024-04-25 8:00 AM EDT