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Worksport ($WKSP) Sets Guidance for 300-433% Revenue Growth in 2024

Worksport ($WKSP) Sets Guidance for 300-433% Revenue Growth in 2024

Worksport($WKSP)爲2024年收入增長300-433%設定了指導方針
newsfile ·  05/23 20:00

West Seneca, New York--(Newsfile Corp. - May 23, 2024) - Worksport Ltd. (NASDAQ: WKSP), a key U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today laid out its 2024 revenue forecast, highlighting significant growth trajectories and forward-looking operational strategies.

紐約西塞內卡--(Newsfile Corp.,2024年5月23日)——總部位於美國的輕型卡車、陸上交通和全球消費品行業混合動力和清潔能源解決方案的主要製造商和創新者Worksport Ltd.(納斯達克股票代碼:WKSP)今天公佈了其2024年的收入預測,重點介紹了顯著的增長軌跡和前瞻性運營戰略。

Strategic Advances and Future Outlook

戰略進展和未來展望

The Company forecasts revenue growth from $1.5 million in year-end 2023 to between $6 million and $8 million for 2024. This represents an anticipated revenue growth of approximately 300% to 433%, underscoring Worksport's strong growth and recent operational successes. This projected growth is derived solely from Worksport's Automotive Accessory Business, with further revenue potential on the horizon following the launch of a Solar Integrated Tonneau Cover and Mobile Battery Generator System.

該公司預測,收入將從2023年底的150萬美元增長到2024年的600萬至800萬美元。這代表了一個 預計收入增長約300%至433%, 突顯了Worksport的強勁增長和最近的運營成功。 這一預計增長完全來自Worksport的汽車配件業務,隨着太陽能集成酒桶蓋和移動電池發電機系統的推出,進一步的收入潛力即將到來。

The Company emphasizes the potential of its three products [in development] to further bolster 2024 revenue and beyond. This summer, Worksport plans to launch an alpha release of its first-to-market solar tonneau cover and innovative portable energy system, followed by the anticipated market launch of another highly anticipated tonneau cover in Q4. The demand for these new products is expected to exceed that of all existing products, prompting future updates to our financial guidance.

該公司強調其 [開發中] 三款產品在進一步提高 2024 年及以後的收入方面的潛力。今年夏天,Worksport計劃推出其首款上市的太陽能酒桶蓋和創新的便攜式能源系統的Alpha版本,隨後預計將在第四季度推出另一款備受期待的酒桶蓋。 預計對這些新產品的需求將超過所有現有產品的需求, 促使我們未來更新財務指導。

"This interim revenue guidance represents just the initial phase of Worksport's promising future. As we continue to expand our product offerings and enhance operational efficiencies, our outlook remains decidedly bullish. Full-scale U.S. production launched just this January, and expansion is ongoing across all product lines. I am confident that 2024 is only the beginning of Worksport's growth trajectory"- Steven Rossi, CEO, Worksport Ltd.

“該中期收入指導只是Worksport光明未來的初始階段。隨着我們繼續擴大產品範圍和提高運營效率,我們的前景仍然非常樂觀。美國剛剛於今年1月開始全面生產,所有產品線的擴張正在進行中。 我相信 2024 年僅僅是個開始 Worksport 的增長軌跡” ——Worksport Ltd. 首席執行官史蒂芬·羅西

Long-term Growth

長期增長

Supported by its recent $2.8MM grant from the State of New York, Worksport's facility at full operational capacity is capable of producing over 150,000 covers annually. This capability is expected to be fully utilized within the next three years, enhancing the Company's output and market reach. Producing and selling covers at full capacity translates into 9-figure plus revenue potential from just Worksport's Buffalo factory.

在紐約州最近提供的280萬美元撥款的支持下,Worksport的工廠處於滿負荷運轉狀態,每年能夠生產超過15萬張封面。這一能力預計將在未來三年內得到充分利用,從而擴大公司的產出和市場覆蓋面。滿負荷生產和銷售封面轉化爲 9 位數以上的收入潛力 僅來自 Worksport 的布法羅工廠。

Worksport R&D teams are diligently working on the next generation of innovative offerings. The expansion of innovative and complimentary products is expected to open Worksport to multiple billion-dollar market channels, globally.

Worksport研發團隊正在努力開發下一代創新產品。創新和免費產品的擴展預計將使Worksport向全球數十億美元的市場渠道開放。

Market Channels

市場渠道

Worksport's B2C sales, launched in late Q1, have shown promising early results. On the B2B front, the company has signed on multiple large distributors, setting the foundation for robust growth ahead.

Worksport於第一季度末推出的B2C銷售已顯示出令人鼓舞的早期業績。在B2B方面,該公司已經與多家大型分銷商簽約,爲未來的強勁增長奠定了基礎。

Worksport management maintains its belief that the Worksport's stock remains undervalued. This assertion highlights the substantial growth potential that has yet to be fully recognized by the market. In the coming months, the Company plans to provide more details on its B2B customer engagements and success stories, affirming its trajectory towards scaling operations.

Worksport管理層堅信Worksport的庫存仍然存在 被低估的。這一說法凸顯了尚未得到市場充分認可的巨大增長潛力。在接下來的幾個月中,該公司計劃提供有關其B2B客戶參與度和成功案例的更多詳細信息,以確認其擴大業務的發展軌跡。

Commitment to Transparency and Stakeholder Engagement

對透明度和利益相關者參與的承諾

Starting July 2024, Worksport will host live earnings calls to foster greater transparency and direct engagement with our investors, emphasizing our commitment to operational excellence and stakeholder communication.

從 2024 年 7 月開始, Worksport 將主持直播業績電話會議 促進提高透明度,促進與投資者的直接互動,強調我們對卓越運營和利益相關者溝通的承諾。

Key Press-Releases released in 2024:

2024 年發佈的主要新聞稿:

  • May 16, 2024: Worksport Reports 1,506% Q1 Revenue Surge
  • May 8, 2024: Worksport Announces $2.8MM Grant
  • April 25, 2024: Worksport Signals Undervalued Status, Eyes Major 2024 Growth
  • March 18, 2024: $2.8MM Direct Offering Priced At-The-Market
  • March 6, 2024: Worksport to Launch Innovative SOLIS & COR Products This Summer
  • February 7, 2024: Infineon and Worksport Announce Collaboration
  • January 24, 2024: Worksport Unveils AL3- Made in the USA Tonneau Cover
  • January 18, 2024: Worksport: SOLIS Cover will be Available for FORD, RAM & GM
  • 2024 年 5 月 16 日:Worksport 報告第一季度收入激增 1,506%
  • 2024 年 5 月 8 日:Worksport 宣佈撥款 280 萬美元
  • 2024 年 4 月 25 日:Worksport 預示着被低估的地位,預計將在 2024 年實現重大增長
  • 2024 年 3 月 18 日:市場定價爲 280 萬美元的直接發行
  • 2024 年 3 月 6 日:Worksport 將於今年夏天推出創新的 SOLIS 和 COR 產品
  • 2024 年 2 月 7 日:英飛凌和 Worksport 宣佈合作
  • 2024 年 1 月 24 日:Worksport 推出 AL3-美國製造酒桶封面
  • 2024 年 1 月 18 日:Worksport:SOLIS 封面將適用於福特、RAM 和通用汽車

Read all press releases: Link to all press releases

閱讀所有新聞稿:鏈接到所有新聞稿

Subscribe To Our Investor Newsletter: Link to Newsletter

訂閱我們的投資者時事通訊: 鏈接到時事通訊

For additional information, please contact:
Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128
W: investors.worksport.com W: E: investors@worksport.com

欲了解更多信息,請聯繫:
投資者關係,Worksport Ltd. 電話:1 (888) 554-8789 -128
W: investors.worksport.com W: E: investors@worksport.com

About Worksport

關於 Worksport

Worksport Ltd. (NASDAQ: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport's hard-folding cover, designed and manufactured in-house, is compatible with RAM, Chevrolet, and GMC models from General Motors, as well as Ford, Jeep, Nissan, and Toyota pickup trucks. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and NP (Non-Parasitic), Hydrogen-based technology. Terravis Energy's website is terravisenergy.com. For more information, please visit investors.worksport.com.

Worksport Ltd.(納斯達克股票代碼:WKSP)通過其子公司設計、開發、製造和擁有各種酒桶蓋、太陽能集成以及用於可持續、清潔能源和汽車行業的氫基真綠色能源解決方案NP(非寄生)的真正綠色能源解決方案的知識產權。Worksport與現代積極合作開發SOLIS Solar保護罩。此外,Worksport的硬折保護套由內部設計和製造,與通用汽車的RAM、雪佛蘭和GMC車型以及福特、吉普、日產和豐田皮卡車兼容。Worksport旨在利用其專有的太陽能解決方案、移動儲能系統(ESS)和基於氫的NP(非寄生)技術,利用消費者心態日益向清潔能源整合的轉變。Terravis Energy的網站是terravisenergy.com。欲了解更多信息,請訪問investors.worksport.com。

Connect with Worksport

連接 Worksport

Please follow the Company's social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram (collectively, the "Accounts"), the links of which are links to external third party websites, as well as sign up for the Company's newsletters at investors.worksport.com. The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company.

請在X(前身爲Twitter)、Facebook、LinkedIn、YouTube和Instagram(統稱爲 “賬戶”)上關注公司的社交媒體賬戶,這些賬戶的鏈接是指向外部第三方網站的鏈接,並在investors.worksport.com上訂閱公司的時事通訊。除公司發佈的內容外,本公司不認可、確保這些第三方網站上的任何內容的準確性或承擔任何責任。

Product social media
Instagram
Facebook
YouTube

產品社交媒體
Instagram
Facebook
優酷

Investor social media
X (previously Twitter)
LinkedIn
Link to Newsletter

投資者社交媒體
X(以前是 Twitter)
領英
鏈接到時事通訊

Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission ("SEC") filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media.

投資者和其他人應注意,公司使用我們的投資者關係網站、新聞稿、美國證券交易委員會(“SEC”)文件以及公開電話會議和網絡直播向我們的投資者公佈重要的財務信息。該公司還使用社交媒體發佈公司新聞和其他信息。公司鼓勵投資者、媒體和其他人查看公司在社交媒體上發佈的信息。

The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.

公司不會有選擇地在社交媒體上披露重要的非公開信息。如果有任何重要的財務信息,公司將在社交媒體上發佈之前,通過新聞稿或美國證券交易委員會文件向公衆廣泛發佈。

For additional information, please contact:
Steven Obadiah, Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128
W: investors.worksport.com W: E: investors@worksport.com

欲了解更多信息,請聯繫:
Steven Obadiah,投資者關係,Worksport Ltd. 電話:1 (888) 554-8789 -128
W:投資者.worksport.comW: E: investors@worksport.com

Forward-Looking Statements

前瞻性陳述

The information contained herein may contain "forward‐looking statements." Forward‐looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan," "project," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including, without limitation, our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.

此處包含的信息可能包含 “前瞻性陳述”。前瞻性陳述反映了當前對未來事件的看法。在本新聞稿中使用時,“預測”、“相信”、“估計”、“期望”、“未來”、“打算”、“計劃”、“項目”、“應該” 等詞語或這些術語中的否定詞以及與我們或我們的管理層相關的類似表述均表示前瞻性陳述。這些陳述既不是歷史事實,也不是對未來表現的保證。相反,它們僅基於我們當前對業務未來、未來計劃和戰略、預測、預期事件和趨勢、經濟和其他未來狀況的信念、預期和假設。由於前瞻性陳述與未來有關,因此它們會受到固有的不確定性、風險和環境變化的影響,這些變化難以預測,其中許多是我們無法控制的。我們的實際業績和財務狀況可能與前瞻性陳述中顯示的業績和財務狀況存在重大差異。因此,您不應依賴這些前瞻性陳述中的任何一項。可能導致我們的實際業績和財務狀況與前瞻性陳述中顯示的業績和財務狀況存在重大差異的重要因素包括:(i)供應鏈延遲;(ii)消費者接受我們的產品;(iii)第三方延遲或不接受銷售我們的產品;(iv)來自其他類似產品生產商的競爭。有關公司和可能影響前瞻性陳述實現的風險因素的更多詳細信息,見公司向美國證券交易委員會提交的文件,包括但不限於我們的10-K表年度報告和10-Q表季度報告。我們敦促投資者和證券持有人在美國證券交易委員會的網站www.sec.gov上免費閱讀這些文件。由於這些問題、事實變化、假設未實現或其他情況,公司的實際業績可能與本新聞稿中包含的前瞻性陳述中討論的預期業績存在重大差異。本新聞稿中的前瞻性陳述僅在本新聞稿發佈之日作出,公司沒有義務更新這些陳述以反映隨後的事件或情況。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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