Worksport reports record sales in August and is expected to exceed 2024 sales forecast

Net sales increase to around $1.22 million in August and Management emphasizes focus on expanding operations to support positive cash flow.

West Seneca, N.Y., Sept. 12, 2024 (GLOBE NEWSWIRE) — Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding and global consumer goods markets, proudly announces another significant sales month in 2024, with net sales in August 2024 reaching $1,213,604.28. This remarkable performance drives our annual recurring revenue (ARR) to an impressive 14.56 million US dollarswhich exceeds the value of 2023
End of year Revenue of $1.53 million. This explosive growth underscores the strong demand for Worksport’s American-made products and positions the company to exceed its 2024 revenue forecast.