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$WKSP Is The Trade Idea!
BullTradeFinder
January 22, 2025
👀 $WKSP - WATCH THIS ASAP! PRE-MARKET & THROUGHOUT THE DAY 💪
Worksport Ltd. (WKSP), known for its innovative tonneau covers, delivered a robust financial performance in Q4 2024, significantly exceeding expectations and demonstrating impressive growth. With upcoming product launches and expanded market reach, the company's strategic initiatives are clearly paying off, showcasing a promising outlook for future expansions.
Here are the key points:
Q4 2024 revenue surged to approximately $2.93 million, up from $839,000 in Q4 2023.
Annual revenue for 2024 topped forecasts at about $8.5 million.
December 2024 gross margins increased to 21.1%, a significant improvement over the previous quarter.
Gross margin for Q4 2024 improved by 55% quarter-over-quarter. Worksport anticipates revenues to exceed $20 million in 2025 from tonneau cover sales.
Disclaimer: https://docs.google.com/document/d/12pEkBmLwzP13tbYRZ4s0AOw5sGpZVvJEVRi4Ygt52ik/edit?usp=sharing
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