Worksport Ltd
Close on Oct 19, 2026
- Market cap
- $4.02M
- P/E (TTM)
- –
- Dividend yield
- –
About Worksport
Motor Vehicle Parts & Accessories, SIC 3714
Worksport Ltd. designs, develops, and manufactures automotive accessories, consumer electronics, and clean energy systems. The company operates through two main reportable segments: Soft Tonneau Covers and Hard Tonneau Covers. Its primary offerings include light truck bed covers—specifically soft tri-fold and quad-fold tonneau covers, as well as hard-folding covers such as the AL4 and HD3 lines. It also develops clean energy products, including the SOLIS truck-mounted solar array, the COR portable battery generator system, and residential and commercial heat pump systems through its subsidiary, Terravis Energy. The company distributes its products directly to consumers through its online platform and serves commercial customers via a business-to-business dealer and distributor network.
Worksport conducts manufacturing, assembly, testing, distribution, and research activities across leased facilities in the United States, including sites in Missouri and a manufacturing factory. Its national partner network spans over 550 dealer locations across the country. Worksport Ltd. maintains its principal executive offices in West Seneca, New York.
Summary of the business section of Worksport's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Worksport Ltd
- Founded
- 2003
- Headquarters
- West Seneca, NY
- Address
- 2500 N America Dr. 14224
- Phone
- 1-888-554-8789
- Website
- worksport.com
- Employees
- 14, Dec 31, 2024
- Industry
- Motor Vehicle Parts & Accessories
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- Lumsden & McCormick, LLP, Buffalo, New York
Stock & identifiers
- Ticker
- WKSP
- Exchange
- Nasdaq
- IPO date
- Jun 21, 2001
- Shares outstanding
- 15M, Aug 11, 2026
- Public float
- $15.62M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-10 reverse, Mar 18, 2025; 1-for-20 reverse, Aug 16, 2021; 1-for-20 reverse, Aug 4, 2021; 1-for-8.33 reverse, May 13, 2019; 1-for-6 reverse, Mar 29, 2019; 1-for-100 reverse, May 9, 2003
- SEC CIK
- 1096275
- CUSIP
- 98139Q308
- ISIN
- US98139Q3083
- EIN
- 65-0782227
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Steven F. Rossi | Chairman, CEO and President, Director | 4,993,703 |
| Jennifer Anne Kartychak | Chief Financial Officer | 168,872 |
| William J. Caragol | Director | 15,000 |
| Lorenzo Rossi | Director | 300,000 |
| Ned L. Siegel | Director | 15,000 |
| Craig William Loverock | Director | 15,000 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $1.30M | $452.72K | – | $24 | – |
| FY2025 Steven Rossi | $1.30M | $452.72K | – | $24 | – |
| FY2024 | $508.75K | $348.25K | $142.48K | $60 | – |
| FY2024 Forbes Andersen For Mike Johnston | $70.00K | – | $142.48K | $60 | – |
| FY2024 Lorenzo Rossi | $272.44K | $214.95K | $142.48K | $60 | – |
| FY2024 Peo | $1.42M | – | $142.48K | $60 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“We employ fourteen full-time employees and one part-time employees in Canada and further employ sixty-six full-time employees in the U.S.”
Corporate history
Events identified from SEC filings