Worksport (WKSP) Change in Taxes (2014 - 2024)
Worksport (WKSP) posted quarterly Change in Taxes of -$148994.0 for Q3 2024, down 515.74% year-over-year from $35838.0 in Q4 2023, and down 157.98% quarter-over-quarter from $256960.0 in Q2 2024.
Worksport (WKSP) Change in Taxes (2014 - 2024) Analysis & Trends
Worksport (WKSP) has reported Change in Taxes for 11 consecutive years, with -$148994.0 the latest figure, recorded in Q3 2024.
- In Q3 2024, Change in Taxes fell 515.74% year-over-year to -$148994.0; the TTM figure through Sep 2024 stood at $67853.0 (up 55.14% YoY), while the FY2023 annual figure was $85010.0, up 175.77% from the prior year.
- Change in Taxes slipped to -$148994.0 in Q3 2024 per WKSP's latest filing, from $256960.0 in the prior quarter.
- Across five years, Change in Taxes topped out at $256960.0 in Q2 2024 and bottomed at -$148994.0 in Q3 2024.
- Historically, Change in Taxes has averaged $8073.5 across 5 years, with a median of $10110.0 in 2023.
- Annual changes were most pronounced in 2022 — Change in Taxes plunged 3877.41% — and 2024, when it jumped 11727.15%.
- Worksport's Change in Taxes stood at $25433.0 in 2020, then soared by 139.86% to $61003.0 in 2021, then tumbled by 283.91% to -$112189.0 in 2022, then surged by 136.79% to $41272.0 in 2023, then plunged by 461.01% to -$148994.0 in 2024.
- Business Quant data shows WKSP's Change in Taxes at -$148994.0 in Q3 2024, $256960.0 in Q2 2024, and -$81385.0 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | -34.79 Mn |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | 21.04 Mn |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | - |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | - |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | - |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | - |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | -7.00 Mn |
| 10 | Worksport | 7.00 Mn | 5.71 Mn | 1.65 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -148,994.00 |
| Sep 30, 2024 | -148,994.00 |
| Jun 30, 2024 | 256,960.00 |
| Jun 30, 2024 | 256,960.00 |
| Mar 31, 2024 | -81,385.00 |
| Mar 31, 2024 | -81,385.00 |
| Dec 31, 2023 | 41,272.00 |
| Dec 31, 2023 | 41,272.00 |
| Sep 30, 2023 | 35,838.00 |
| Sep 30, 2023 | 35,838.00 |
| Jun 30, 2023 | -2,210.00 |
| Jun 30, 2023 | -2,210.00 |
| Mar 31, 2023 | 10,110.00 |
| Mar 31, 2023 | 10,110.00 |
| Mar 31, 2022 | -112,189.00 |
| Mar 31, 2022 | -112,189.00 |
| Dec 31, 2021 | 61,003.00 |
| Dec 31, 2021 | 61,003.00 |
| Mar 31, 2021 | 2,970.00 |
| Mar 31, 2021 | 2,970.00 |