Early Update: (Nasdaq: WKSP) Takes The Top Spot On Our Pre-Market Watchlist

*Sponsored Just Announced! Worksport Ltd. (Nasdaq: WKSP) Is Topping Our Watchlist This Morning. And Here’s Why… Worksport Ltd. (Nasdaq: WKSP) Moved Approximately 79% Since The Last Time We Covered It! Analyst Coverage From HC Wainwright, Maxim Group, And Alliance Global Partners Signals Confidence In Worksport Ltd. (Nasdaq: WKSP). The Cold-Climate Heat Pump (CCHP) Puts Worksport Ltd. (Nasdaq: WKSP) In A Market Worth Over $1.2T By 2031. A 25% Patent Portfolio Boost And LOT Network Membership Show Worksport Ltd. (Nasdaq: WKSP) Plays In The Big Leagues. Worksport Ltd. (Nasdaq: WKSP) Showcased $8.5M In 2024 Revenue, With Q4 Gross Margins Soaring 166%. Make Sure You’re Tuned in Before the Bell Rings This Morning—(Nasdaq: WKSP) Is Front and Center on Our Radar. January 28, 2025 Dear Reader, Let’s cut to the chase: Worksport Ltd. (Nasdaq: WKSP) is topping our watchlist this morning. (Tuesday 1/28) The clean energy landscape is flipping the script, replacing yesterday’s clunky, inefficient systems with sleek, powerful technologies that are built for the future.  This isn’t evolution—it’s revolution, and it’s reshaping industries at their core. At the forefront of this transformation is Worksport Ltd. (Nasdaq: WKSP), a company that doesn’t just follow trends—it creates them. With innovation, precision, and a bold approach, they’re rewriting the rules in ways that can’t be ignored. You’ll want to keep a close eye on (WKSP) this morning.  Don’t say we didn’t warn you.  In fact, since the last time we covered Worksport Ltd. (Nasdaq: WKSP) it moved approximately 79% from $.67 on 12/5/2024 to $1.20 on 1/6/2025. But last week, on 1/23, Benzinga reported that HC Wainwright & Co., one of Wall Street’s oldest institutions, initiated coverage on  Worksport Ltd. (Nasdaq: WKSP) with a $1.50 target, which suggests over 70% upside potential from this morning’s $.88 open, according to Barchart. Same for Maxim Group. On 1/24 they published their coverage report with a $1.50 on (WKSP) also. And they’re not the only ones covering Worksport Ltd. (Nasdaq: WKSP). Last month, Alliance Global Partners initiated coverage on (WKSP) with a $2.00 target, which would suggest 127% potential upside from yesterday’s open. Worksport Ltd. (Nasdaq: WKSP) recently moved approximately 155% from $.4694 on 11/20/2024 to $1.20 on 1/6/2025.  And as of Monday(1/27), (WKSP) is trending above several key moving averages tracked by Barchart including: 50-Day: 0.8082 100-Day: 0.6913 200-Day: 0.6700 Keep reading to see why Worksport Ltd. (Nasdaq: WKSP) is topping our watchlist this morning. From advanced tonneau covers to pioneering solar integrations and portable power systems, Worksport Ltd. (Nasdaq: WKSP) is pushing boundaries and redefining markets. By owning its intellectual property and maintaining complete control over its design and manufacturing processes, this company has positioned itself as a leader in clean energy solutions for the automotive sector and beyond. Innovation at Its Core Worksport Ltd. (Nasdaq: WKSP) isn’t content to follow trends—it sets them. The company’s flagship product, the SOLIS Solar Tonneau Cover, developed in partnership with Hyundai, is a perfect example of this forward-thinking approach.  This solar-integrated truck cover doesn’t just shield cargo—it generates power, making it a must-have for electric vehicle (EV) owners and outdoor enthusiasts.  And that’s just the beginning. Worksport’s COR portable power system is poised to revolutionize how we think about mobile energy storage. Whether you’re off the grid, powering an EV, or preparing for emergencies, COR promises reliability and versatility that few competitors can match. Clean-Tech Game Changer As consumer demand for clean energy accelerates, Worksport Ltd. (Nasdaq: WKSP) is stepping in with solutions that redefine what’s possible.  Their portfolio includes cutting-edge technologies that tackle the dual challenges of climate change and energy affordability, establishing them as a force in clean-tech innovation. A standout among these innovations is the Cold-Climate Heat Pump (CCHP), developed by subsidiary Terravis Energy.  This advanced system doesn’t just work in extreme temperatures—it thrives. Designed to perform seamlessly in ultra-cold and high-temperature environments, the CCHP combines unprecedented energy efficiency with affordability.   Thanks to AI-driven personalization, it adapts to individual user preferences, creating a custom climate experience that’s as efficient as it is comfortable. This innovation arrives at a pivotal moment.   The global heat pump market, growing at a compound annual rate of 9.4%, is projected to exceed $1.2T by 2031.  In North America, the market is expected to reach $290B, while markets outside the U.S. and Canada are forecast to hit $910B during the same period.  With this level of growth, Worksport is positioned not just to enter this massive market but to transform it by addressing the long-standing inefficiencies of traditional heat pump systems. This isn’t just a step forward—it’s a bold leap that positions Worksport Ltd. (Nasdaq: WKSP) as a leader in one of the most dynamic and rapidly expanding sectors in clean energy.  By offering a product that delivers unparalleled performance, efficiency, and affordability, Terravis Energy’s heat pump is set to make a lasting impact on the future of energy solutions. Protecting Innovation Innovation isn’t just about creating new products—it’s about protecting them.  Worksport Ltd. (Nasdaq: WKSP) has expanded its patent portfolio by 25% in the past year, bolstering its already impressive arsenal of intellectual property.   By joining the LOT Network, a consortium of 4,500+ companies that includes Tesla, Amazon, and Hyundai, Worksport has safeguarded itself against patent trolls and ensured its ability to focus on what it does best: delivering game-changing solutions. This proactive approach reflects the company’s commitment to fostering open innovation while maintaining the security of its proprietary technologies. Numbers That Demands Attention The numbers speak for themselves. Worksport closed 2024 with $8.5M in revenue, a meteoric rise from $1.5M in 2023.  The fourth quarter alone saw revenues of $2.9M, a stunning improvement over the same period the previous year.  Gross margins skyrocketed, increasing 166% in December 2024 compared to Q3, as the company shifted focus to its high-margin branded products. This financial success underscores the wisdom of Worksport Ltd. (Nasdaq: WKSP)’s strategic pivot away from lower-margin private-label offerings. Focusing on their own brand has not only boosted pro-fit-ability but also reinforced the company’s reputation as an industry leader. 2025: A Year to Watch Worksport Ltd. (Nasdaq: WKSP) isn’t just maintaining momentum—it’s accelerating.  The company has set an ambitious revenue target of $20M for 2025, driven by strategic initiatives, groundbreaking product launches, and an expanding market presence. Key drivers of growth include: The AL4 Tonneau Cover, launching in January 2025, which is compatible with all major truck models, including EVs. The SOLIS Solar Cover and COR Power System, both slated for commercial release later in the year. Strategic Partnerships, including its collaboration with Hyundai, which will amplify brand recognition and market penetration. Why This Matters Worksport Ltd. (Nasdaq: WKSP) isn’t just a company—it’s a statement about where clean energy and innovation are headed.  With a relentless focus on quality, sustainability, and customer-centric design, this company is carving out a space as a leader in the clean-tech and automotive sectors. Their achievements in 2024 were impressive, but their plans for 2025 promise to be nothing short of transformative. If you’re not paying attention to Worksport Ltd. (Nasdaq: WKSP) yet, now’s the time to start.  Because while the rest of the industry is playing catch-up, Worksport Ltd. (Nasdaq: WKSP) is aiming to lead the charge—and they’re not looking back. 5 Reasons Why Worksport Ltd. (Nasdaq: WKSP) is Topping Our Watchlist This Morning… 1. Analyst Coverage: HC Wainwright, Maxim Group, and Alliance Global Partners have initiated coverage of Worksport Ltd. (Nasdaq: WKSP), reflecting growing confidence in its strategic potential. 2. Recent Momentum: Worksport Ltd. (Nasdaq: WKSP) recently moved approximately 155% since late November 2024, approx 79% since the last time we covered it, and is trending above several key moving averages. 3. Innovative Product Pipeline: Worksport Ltd. (Nasdaq: WKSP) is launching game-changing products like the SOLIS Solar Tonneau Cover and COR Power System, redefining clean energy for EVs and mobile power. 4. Clean-Tech Leadership: Worksport Ltd. (Nasdaq: WKSP)’s Cold-Climate Heat Pump (CCHP) targets the $1.2T global heat pump market with cutting-edge solutions for extreme weather efficiency. 5. Revenue Growth and 2025 Milestones: Worksport Ltd. (Nasdaq: WKSP) posted $8.5M in 2024 revenue, aims for $20M in 2025, and is driving expansion with high-margin products and strategic partnerships. We Have All Eyes Are On Worksport Ltd. (Nasdaq: WKSP) Right Now… Worksport Ltd. (Nasdaq: WKSP) is making its mark with strong analyst coverage, significant momentum, and an innovative product lineup that’s reshaping clean energy markets.  With ambitious revenue goals, groundbreaking solutions like the SOLIS Solar Tonneau Cover and Cold-Climate Heat Pump, and a focus on high-growth sectors, this company is positioning itself for a standout 2025.  We have all eyes on Worksport Ltd. (Nasdaq: WKSP) as it continues to focus on its strategy—this is one to watch closely. Make sure you’re tuned in before the bell rings this morning—(WKSP) is  front and center on our radar.  I’ll follow up with you shortly so keep a lookout for my next update. Sincerely, Jeff Ackerman Managing Editor Stock News Trends Click to connect no-cost SMS (takes less than 20 seconds) StockNewsTrends.com (“StockNewsTrends” or “SNT” ) is owned by TD Media LLC, a single member limited liability company. Data is provided from third-party sources and StockNewsTrends is not responsible for its accuracy. Make sure to always do your own research and due diligence on any day and swing profile SNT brings to your attention. Any emojis used do not have a specific defined meaning, and may be used inconsistently. We do not provide personalized in.vest.ment advice, are not in.vest.ment advisors, and any profiles we mention are not suitable for all in.vest.ors. The owner of TD Media LLC owns and operates stocknewstrends . com (“SNT”). From time to time, SNT will publicly disseminate information about a company via website, email, SMS and other points of media. Please see important disclosure information here: stocknewstrends.com/disclosure/  *Pursuant to an agreement between TD Media LLC and Wall Street Digital LLC, TD Media LLC has been hired for a period beginning on 01/27/2025 and ending on 01/28/2025 to publicly disseminate information about (WKSP:US) via digital communications. Under this agreement, TD Media LLC has been paid eighty-five thousand USD (“Funds”). These Funds were part of the funds that TD Media LLC received from a third party who did not receive the funds from the issuer and does not own stock in the issuer but the reader should assume that the clients of the third party own shares in the issuer that they will liquidate at or near the time you receive this communication, which has the potential to hurt share prices. To date, including under the previously described agreement, TD Media LLC has been paid four hundred thirty-two thousand five hundred USD (“Funds”) for (WKSP:US). Neither TD Media LLC or its member owns shares of (WKSP:US). Please see important disclosure information here: https://lifewatermedia.com/disclosure/wksp/#details

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