Worksport (WKSP)

• Market cap: $33.3M
• 1 day: 5.21%
• 5 days: 16.90%
• 1 month: 25.39%
• 3 months: 42.37%
• 6 months: 43.43%
• Year to date: 4.90%
• 1 year: -18.55%
• 5 years: -76.62%
• 10 years: -76.62%
• Sector: Consumer Discretionary
• Industry: Motor Vehicle Parts & Accessories

About: Worksport Ltd through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. The company's product includes soft vinyl tonneau covers and hard aluminum tonneau covers.

Employees: 77

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 2

50% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 4

5% more funds holding

Funds holding: 21 [Q2] → 22 (+1) [Q3]

2.12% more ownership

Funds ownership: 9.94% [Q2] → 12.05% (+2.12%) [Q3]

31% less capital invested

Capital invested by funds: $2.2M [Q2] → $1.52M (-$675K) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $1.50 49% upside
• Avg. target: $1.75 73% upside
• High target: $2 98% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

HC Wainwright & Co. Scott Buck 53% 1-year accuracy 56 / 106 met price target	49% upside $1.50	Buy Initiated	23 Jan 2025
Alliance Global Partners Aaron Grey 20% 1-year accuracy 1 / 5 met price target	98% upside $2	Buy Initiated	23 Dec 2024