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WKSPW Reports Fourth Monthly Sales Record, 31% Margin

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Worksport, Ltd. disclosed a press release reporting operational momentum in July 2025: the company recorded its fourth consecutive monthly sales record and achieved a 31% gross margin, meeting its stated margin target one quarter early. This indicates improving unit economics and stronger recent demand compared with prior months, as sales have risen month-over-month for at least four months ending July 2025. The announcement highlights execution on sales and margin goals but does not provide absolute revenue, volume, or profit figures in the disclosed text, so the scale of the improvement versus historical levels cannot be assessed from this filing alone.

The update is operational and metric-focused rather than a full earnings disclosure; it signals positive short-term performance trends but leaves important details—total revenue, cost breakdowns, and sustainability of margins—undisclosed.

Positive

  • Fourth consecutive monthly sales record reported for July 2025
  • Gross margin reached 31%, meeting target one quarter early
  • Operational momentum signaled by consecutive monthly improvements

Negative

  • None.

Insights

Sales momentum and margin target achieved early suggest short-term operational improvement.

The company reports a fourth consecutive monthly sales record and a 31% gross margin reached one quarter ahead of plan as of July 2025. This combination implies recent demand growth and improved cost or pricing dynamics that lifted overall margin.

Dependence on undisclosed scale and sustainability is the main risk: no absolute revenue, units sold, or cost components were provided. Watch for the next comprehensive report or a monthly sales cadence that includes revenue and unit metrics within the next quarter to confirm whether the trend is durable.

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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): September 09, 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 September 09, 2025, Worksport Ltd. (the “Company”) issued a press release: “BREAKING: Worksport Posts Fourth Consecutive Monthly Sales Record in July 2025; Gross Margin Reaches 31% Target One Quarter Early”. 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 September 09, 2025, “BREAKING: Worksport Posts Fourth Consecutive Monthly Sales Record in July 2025; Gross Margin Reaches 31% Target One Quarter Early
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: September 09, 2025 By: /s/ Steven Rossi
  Name: Steven Rossi
  Title: Chief Executive Officer
(Principal Executive Officer)

 

 

 

FAQ

What did Worksport (WKSPW) announce for July 2025?

The company announced a fourth consecutive monthly sales record and that its gross margin reached 31% in July 2025.

Does the filing include total revenue or profit figures for July 2025?

No. The disclosed text reports sales records and margin percentage but does not provide absolute revenue, unit sales, or net profit figures.

Is the 31% gross margin a one-time result or a sustainable change?

The filing states the 31% gross margin was achieved one quarter early, but it does not provide details to confirm sustainability; further periodic financial disclosures are needed.

How material is this 8-K update for investors in WKSPW?

The update signals positive operational trends (sales records and margin target met), which are potentially material, but lack of revenue and scale metrics limits full investor assessment.

What should investors monitor next for Worksport (WKSPW)?

Investors should look for the next periodic report that discloses total revenue, unit volumes, and cost breakdowns within the upcoming quarter to validate the trend.
Worksport

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