Worksport Reports 2400% Q3 Revenue Growth YoY as the Company Initiates Production
Key Q3 highlights include:
- Key Q3 highlights include:
For Q3 2023, Worksport Ltd. reported a remarkable year-over-year total North American sales increase of approximately 2399%, with revenues rising from $18,350 in Q3 FY2022 to $458,483 in Q3 FY2023. - When accounting for just U.S. revenue, there was an impressive increase of 3359%, from $13,134 in Q3 FY2022 to $454,258 in Q3 FY2023.
- “The Q3 revenue growth reflects Worksport’s growing production, and the start of large sales orders being fulfilled,” said Worksport CEO Steven Rossi .
- Worksport has identified and penetrated new business-to-consumer and business-to-business sales channels.”
Following the Company’s initiating manufacturing at its 222,000 sq.