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[8-K] Worksport, Ltd. Warrant Reports Material Event

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8-K
Rhea-AI Filing Summary

Worksport Ltd. issued a press release on August 13, 2025 announcing Q2 2025 operational improvements: gross profit increased 173%, revenue rose 83%, gross margin expanded 870 basis points, and operating loss improved 15% quarter‑over‑quarter. Those percentage changes indicate substantial top‑line growth and a notable expansion in margins, while the operating loss metric shows the company narrowed losses compared with the prior quarter.

The press release is attached as Exhibit 99.1 to this Current Report and is furnished under Regulation FD. The filing states the release is not deemed "filed" under Section 18 and therefore is not incorporated by reference into other filings except by specific reference.

Worksport Ltd. ha diffuso un comunicato stampa il 13 agosto 2025, annunciando miglioramenti operativi nel secondo trimestre 2025: l'utile lordo è aumentato del 173%, i ricavi sono saliti dell'83%, il margine lordo si è ampliato di 870 punti base e la perdita operativa si è ridotta del 15% rispetto al trimestre precedente. Queste variazioni percentuali indicano una significativa crescita dei ricavi e una marcata espansione dei margini, mentre la misura della perdita operativa mostra che la società ha ridotto le perdite rispetto al trimestre precedente.

Il comunicato è allegato come Exhibit 99.1 al presente Current Report ed è fornito ai sensi del Regulation FD. Il deposito dichiara che il comunicato non è considerato "filed" ai sensi della Section 18 e pertanto non viene incorporato per riferimento in altri documenti, salvo espressa indicazione.

Worksport Ltd. emitió un comunicado de prensa el 13 de agosto de 2025 informando mejoras operativas en el segundo trimestre de 2025: el beneficio bruto aumentó un 173%, los ingresos crecieron un 83%, el margen bruto se expandió 870 puntos básicos y la pérdida operativa mejoró un 15% trimestre a trimestre. Esos porcentajes indican un crecimiento significativo de la facturación y una notable ampliación de los márgenes, mientras que la métrica de pérdida operativa muestra que la compañía redujo las pérdidas respecto al trimestre anterior.

El comunicado se adjunta como Exhibit 99.1 a este Current Report y se facilita conforme al Regulation FD. El registro afirma que el comunicado no se considera "filed" según la Section 18 y, por tanto, no se incorpora por referencia en otros documentos salvo que se haga referencia específica.

Worksport Ltd.는 2025년 8월 13일 보도자료를 발표하여 2025년 2분기 운영 실적 개선을 공시했습니다: 총이익이 173% 증가, 매출이 83% 증가, 총마진이 870bp 확대, 그리고 영업손실이 전분기 대비 15% 개선되었습니다. 이러한 백분율 변화는 매출의 큰 성장과 마진의 눈에 띄는 확대를 보여주며, 영업손실 지표는 회사가 전분기보다 손실을 축소했음을 나타냅니다.

해당 보도자료는 본 Current Report의 Exhibit 99.1로 첨부되어 있으며 Regulation FD에 따라 제공되었습니다. 제출서류에는 이 보도자료가 Section 18에 따라 "filed"로 간주되지 않으므로, 특정한 참조가 있을 경우를 제외하고는 다른 제출서류에 포함(incorporated)되지 않는다고 명시되어 있습니다.

Worksport Ltd. a publié un communiqué de presse le 13 août 2025 annonçant des améliorations opérationnelles au 2e trimestre 2025 : le bénéfice brut a augmenté de 173%, le chiffre d'affaires a progressé de 83%, la marge brute s'est élargie de 870 points de base, et la perte d'exploitation s'est améliorée de 15% d'un trimestre à l'autre. Ces variations en pourcentage témoignent d'une croissance significative du chiffre d'affaires et d'une nette expansion des marges, tandis que l'indicateur de perte d'exploitation montre que la société a réduit ses pertes par rapport au trimestre précédent.

Le communiqué est joint en tant que Exhibit 99.1 à ce Current Report et est fourni en vertu du Regulation FD. Le dépôt indique que le communiqué n'est pas considéré comme "filed" au sens de la Section 18 et n'est donc pas incorporé par renvoi dans d'autres documents, sauf mention expresse.

Worksport Ltd. veröffentlichte am 13. August 2025 eine Pressemitteilung, in der operative Verbesserungen für das zweite Quartal 2025 angekündigt wurden: der Bruttogewinn stieg um 173%, die Umsatzerlöse erhöhten sich um 83%, die Bruttomarge weitete sich um 870 Basispunkte aus und der Betriebsverlust verbesserte sich quartalsweise um 15%. Diese prozentualen Veränderungen deuten auf ein deutliches Umsatzwachstum und eine spürbare Margenausweitung hin, während die Kennzahl zum Betriebsverlust zeigt, dass das Unternehmen die Verluste gegenüber dem Vorquartal reduziert hat.

Die Pressemitteilung ist diesem Current Report als Exhibit 99.1 beigefügt und wurde gemäß Regulation FD bereitgestellt. Die Einreichung weist darauf hin, dass die Mitteilung gemäß Section 18 nicht als "filed" gilt und daher nicht durch Verweis in andere Einreichungen eingearbeitet wird, außer durch ausdrückliche Bezugnahme.

Positive
  • Gross profit increased 173% in Q2 2025 as stated in the press release.
  • Revenue rose 83% in Q2 2025 according to the disclosed release.
  • Gross margin expanded 870 basis points, indicating improved unit economics.
  • Operating loss improved 15% QoQ, showing a reduction in operating losses quarter‑over‑quarter.
Negative
  • The company still reports an operating loss (the disclosure states the operating loss "improved" 15%, implying a continuing loss position).
  • The Current Report includes only percentage changes and does not provide absolute dollar amounts for revenue, gross profit, margins or operating loss.
  • The press release is furnished under Regulation FD and the filing states it is not "filed" under Section 18, limiting its incorporation by reference into other filings.

Insights

Strong quarterly operational improvement: large revenue and margin gains, with reduced operating loss.

The reported +83% revenue and +173% gross profit along with an 870 bps margin expansion are material percentage moves that suggest meaningful quarter‑over‑quarter operational progress. The 15% improvement in operating loss indicates the company narrowed its losses, improving operating leverage. Because the filing provides percentage deltas but not absolute dollar amounts or segment detail, the magnitude of these results in dollar terms cannot be assessed from this disclosure alone. The inclusion of the press release as Exhibit 99.1 and the Regulation FD furnishing is appropriate for broad market disclosure.

Positive trend shown, but limited disclosure constrains risk assessment.

The headline metrics point to improved performance, however the filing does not provide absolute revenue, profit, cash, balance sheet or guidance figures, which limits evaluation of liquidity, runway, and sustainability of the improvement. The filing also explicitly states the press release is furnished and not "filed" under Section 18, which is a legal limitation on incorporation by reference. From a risk perspective, more detailed financial statements and context are required to determine whether the improvements are durable or one‑time.

Worksport Ltd. ha diffuso un comunicato stampa il 13 agosto 2025, annunciando miglioramenti operativi nel secondo trimestre 2025: l'utile lordo è aumentato del 173%, i ricavi sono saliti dell'83%, il margine lordo si è ampliato di 870 punti base e la perdita operativa si è ridotta del 15% rispetto al trimestre precedente. Queste variazioni percentuali indicano una significativa crescita dei ricavi e una marcata espansione dei margini, mentre la misura della perdita operativa mostra che la società ha ridotto le perdite rispetto al trimestre precedente.

Il comunicato è allegato come Exhibit 99.1 al presente Current Report ed è fornito ai sensi del Regulation FD. Il deposito dichiara che il comunicato non è considerato "filed" ai sensi della Section 18 e pertanto non viene incorporato per riferimento in altri documenti, salvo espressa indicazione.

Worksport Ltd. emitió un comunicado de prensa el 13 de agosto de 2025 informando mejoras operativas en el segundo trimestre de 2025: el beneficio bruto aumentó un 173%, los ingresos crecieron un 83%, el margen bruto se expandió 870 puntos básicos y la pérdida operativa mejoró un 15% trimestre a trimestre. Esos porcentajes indican un crecimiento significativo de la facturación y una notable ampliación de los márgenes, mientras que la métrica de pérdida operativa muestra que la compañía redujo las pérdidas respecto al trimestre anterior.

El comunicado se adjunta como Exhibit 99.1 a este Current Report y se facilita conforme al Regulation FD. El registro afirma que el comunicado no se considera "filed" según la Section 18 y, por tanto, no se incorpora por referencia en otros documentos salvo que se haga referencia específica.

Worksport Ltd.는 2025년 8월 13일 보도자료를 발표하여 2025년 2분기 운영 실적 개선을 공시했습니다: 총이익이 173% 증가, 매출이 83% 증가, 총마진이 870bp 확대, 그리고 영업손실이 전분기 대비 15% 개선되었습니다. 이러한 백분율 변화는 매출의 큰 성장과 마진의 눈에 띄는 확대를 보여주며, 영업손실 지표는 회사가 전분기보다 손실을 축소했음을 나타냅니다.

해당 보도자료는 본 Current Report의 Exhibit 99.1로 첨부되어 있으며 Regulation FD에 따라 제공되었습니다. 제출서류에는 이 보도자료가 Section 18에 따라 "filed"로 간주되지 않으므로, 특정한 참조가 있을 경우를 제외하고는 다른 제출서류에 포함(incorporated)되지 않는다고 명시되어 있습니다.

Worksport Ltd. a publié un communiqué de presse le 13 août 2025 annonçant des améliorations opérationnelles au 2e trimestre 2025 : le bénéfice brut a augmenté de 173%, le chiffre d'affaires a progressé de 83%, la marge brute s'est élargie de 870 points de base, et la perte d'exploitation s'est améliorée de 15% d'un trimestre à l'autre. Ces variations en pourcentage témoignent d'une croissance significative du chiffre d'affaires et d'une nette expansion des marges, tandis que l'indicateur de perte d'exploitation montre que la société a réduit ses pertes par rapport au trimestre précédent.

Le communiqué est joint en tant que Exhibit 99.1 à ce Current Report et est fourni en vertu du Regulation FD. Le dépôt indique que le communiqué n'est pas considéré comme "filed" au sens de la Section 18 et n'est donc pas incorporé par renvoi dans d'autres documents, sauf mention expresse.

Worksport Ltd. veröffentlichte am 13. August 2025 eine Pressemitteilung, in der operative Verbesserungen für das zweite Quartal 2025 angekündigt wurden: der Bruttogewinn stieg um 173%, die Umsatzerlöse erhöhten sich um 83%, die Bruttomarge weitete sich um 870 Basispunkte aus und der Betriebsverlust verbesserte sich quartalsweise um 15%. Diese prozentualen Veränderungen deuten auf ein deutliches Umsatzwachstum und eine spürbare Margenausweitung hin, während die Kennzahl zum Betriebsverlust zeigt, dass das Unternehmen die Verluste gegenüber dem Vorquartal reduziert hat.

Die Pressemitteilung ist diesem Current Report als Exhibit 99.1 beigefügt und wurde gemäß Regulation FD bereitgestellt. Die Einreichung weist darauf hin, dass die Mitteilung gemäß Section 18 nicht als "filed" gilt und daher nicht durch Verweis in andere Einreichungen eingearbeitet wird, außer durch ausdrückliche Bezugnahme.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 13, 2025

 

WORKSPORT LTD.

(Exact name of registrant as specified in its charter)

 

Nevada   001-40681   35-2696895

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

2500 N America Dr

West Seneca, New York 14224
(Address of principal executive offices) (ZIP Code)

 

(888) 554-8789

Registrant’s telephone number, including area code

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbols   Name of each exchange on which registered
Common   WKSP   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On August 13, 2025, Worksport Ltd. (the “Company”) issued a press release: “Worksport Posts Q2 2025 Results: Gross Profit Increases 173%, Revenue Jumps 83%, Margin Expands 870 bps, Operating Loss Improves 15% [QoQ]”. A copy of the press release is attached hereto as Exhibit 99.1.

 

The information under Item 7.01 of this Current Report on Form 8-K and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, or incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press Release dated August 13, 2025, “Worksport Posts Q2 2025 Results: Gross Profit Increases 173%, Revenue Jumps 83%, Margin Expands 870 bps, Operating Loss Improves 15% [QoQ].
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  WORKSPORT LTD.
   
Date: August 13, 2025 By: /s/ Steven Rossi
  Name: Steven Rossi
  Title: Chief Executive Officer
(Principal Executive Officer)

 

 

 

 

FAQ

What did Worksport (WKSPW) report for Q2 2025 in this filing?

The Current Report references a press release stating Q2 2025 results: gross profit +173%, revenue +83%, margin +870 bps, and operating loss improved 15% QoQ.

Where can I find the full press release referenced in the 8-K for Worksport?

The press release is attached to the Current Report as Exhibit 99.1 dated August 13, 2025.

Does this 8-K file the press release under Section 18?

No. The filing explicitly states the press release is furnished under Regulation FD and is not deemed "filed" under Section 18 of the Exchange Act.

Are there dollar figures for revenue or profit in this Current Report?

No. The Current Report includes only percentage changes and does not disclose absolute dollar amounts

What is the date of the disclosure for Worksport's Q2 2025 results?

The Current Report and attached press release are dated August 13, 2025.
Worksport

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