Worksport shares surge 15.49% premarket after reporting record $2.05M November revenue and 30% gross margin.

jueves, 18 de diciembre de 2025, 8:49 am ET1 min de lectura
WKSP--
Worksport surged 15.49% in premarket trading following the release of record November revenue and margin expansion. The company reported unaudited net sales of $2.05 million, a 70% increase from July’s $1.71 million, with gross margins rising to ~30%—up from 11% in Q4 2024. Management attributed the growth to U.S. manufacturing scale, cost optimization, and strong demand for core tonneau covers and clean-energy products like SOLIS and COR. The results reinforced confidence in the company’s path to sustained profitability, aligning with CEO Steven Rossi’s comments on operational progress and improving execution. The premarket rally reflects investor optimism over Worksport’s accelerating revenue trajectory and margin improvements, signaling growing market validation of its strategic initiatives.

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