First Time Loading...

Worksport Ltd
NASDAQ:WKSP

Watchlist Manager
Worksport Ltd Logo
Worksport Ltd
NASDAQ:WKSP
Watchlist
Price: 0.647 USD -9%
Updated: May 16, 2024

Gross Margin
Worksport Ltd

15.7%
Current
11%
Average
20.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
15.7%
=
Gross Profit
240.5k
/
Revenue
1.5m

Gross Margin Across Competitors

Country CA
Market Cap 15.6m USD
Gross Margin
16%
Country JP
Market Cap 7.7T JPY
Gross Margin
15%
Country IE
Market Cap 22.5B USD
Gross Margin
18%
Country CN
Market Cap 131.2B CNY
Gross Margin
35%
Country KR
Market Cap 20.6T KRW
Gross Margin
11%
Country CA
Market Cap 18.6B CAD
Gross Margin
13%
Country DE
Market Cap 12.7B EUR
Gross Margin
21%
Country JP
Market Cap 1.8T JPY
Gross Margin
17%
Country IN
Market Cap 908.4B INR
Gross Margin
36%
Country SE
Market Cap 10.3B USD
Gross Margin
18%
Country IN
Market Cap 862.3B INR
Gross Margin
44%

Profitability Report

View the profitability report to see the full profitability analysis for Worksport Ltd.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
15.7%
=
Gross Profit
240.5k
/
Revenue
1.5m
What is the Gross Margin of Worksport Ltd?

Based on Worksport Ltd's most recent financial statements, the company has Gross Margin of 15.7%.