Worksport reports Q4 revenue $839,690 vs $39,063 last year

Summary: 2,050% YOY FY Q4 revenue advance, follows 2,400% rise in YOY Q3 revenue; 83% increase from Q3 2023 to Q4 2023 revenue demonstrates current sales momentum; Large outgoing orders and ongoing sales for light truck covers; Second production line planned to create Made In USA products at West Seneca, N.Y. manufacturing facility. “Management anticipates revenues continuing to multiply into 2024 and beyond,” said Worksport CEO Steven Rossi. “These revenues reflect the continuing strong ramp up of our production lines as we add more and more manufacturing capacity. Fiscal year 2024 is expected to be the year we’ve been planning for and anticipating for some time,” Rossi said. “Everyone at the Company is experiencing the palpable excitement of large orders for our ‘Made in the USA’, using domestic and foreign components, designation for the Company’s line of innovative hard tonneau covers, which showcases the Company’s commitment to domestic manufacturing excellence.”