Worksport achieves 50% increase in monthly production volume since March

Worksport (WKSP) announces a “transformational leap in performance”-achieving a 50% increase in monthly production volume since March 2025, while delivering more than a 100% improvement in gross margins over the past five months. These milestones are underscored by readily increasing demand. In May 2025, Worksport produced more units than it did during the entire third quarter of 2024, setting a new monthly production record. This was achieved without adding proportional headcount, signaling a notable increase in operational efficiency. With demand accelerating every month and orders consistently outpacing supply, the Company is evaluating an expanded production schedule. Worksport’s operational agility is supported by a $2.8 million job creation grant, previously awarded in 2024. Dealer momentum has surged, with the Company’s distribution footprint growing nearly six-fold-from 94 dealers in Q4 2024 to over 550 today. Many small sample orders have scaled into full recurring partnerships, fueling an aggressive growth flywheel.