Worksport acheives record-high April of $1.22M on strong AL4 performance

June 02, 2025 06:06 AM PDT | By EODHD

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Worksport acheives record-high April of $1.22M on strong AL4 performance — Image source: Kalkine Media

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* Worksport (NASDAQ:WKSP [https://seekingalpha.com/symbol/WKSP]) posted record-high April sales totaling about $1.22M, with its premium AL4 tonneau cover accounting for approximately 40% of total product sales, the company said on Monday. * As of the end of April 2025, 80% of the AL4 [https://www.globenewswire.com/Tracker?data=7KjFYjNzkUARI_gOinkuCkJnIBLTjv8lehll9uIttxrQrvGQ0rPxSkeXfY9lNWYzkBW6MJCRJq40OsaA22Ylml6H_PJ2tBWBeodmQheqLWo=] product line—20 out of 25 planned models—has been successfully rolled out. With only five additional models remaining to complete a full application lineup, Worksport anticipates the line’s growth trajectory to continue accelerating through Q2 and beyond. * Looking ahead, the company expects Q2 revenue to notably surpass Q1 results, driven by the AL4 ramp-up, expanding B2B dealer relationships, and continued strength in e-commerce. * Management also anticipates stronger revenue acceleration in Q3 and Q4, as Worksport prepares to introduce its upcoming clean-tech innovations—the SOLIS solar-integrated tonneau cover and the COR portable power system—later in 2025.

* WKSP +5.63% premarket to $3. * Source: Press Release [https://seekingalpha.com/pr/20122742-worksport-surpasses-monthly-sales-record-in-april-on-strong-al4-performance] MORE ON WORKSPORT * Worksport targets $20M–$25M 2025 revenues as AL4 launch and dealer expansion drive growth [https://seekingalpha.com/news/4449356-worksport-targets-20m-25m-2025-revenues-as-al4-launch-and-dealer-expansion-drive-growth] * Worksport targets $20M-$34.5M revenue in 2025 with expansion of product lineup [https://seekingalpha.com/news/4426184-worksport-targets-20m-34_5m-revenue-in-2025-with-expansion-of-product-lineup] * Seeking Alpha’s Quant Rating on Worksport [https://seekingalpha.com/symbol/WKSP/ratings/quant-ratings]

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