Worksport Ltd Quarterly Operating Margin in % from Q4 2018 to Q3 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Worksport Ltd quarterly/annual Operating Margin history and growth rate from Q4 2018 to Q3 2024.
  • Worksport Ltd Operating Margin for the quarter ending September 30, 2024 was -235 %, a 88.5% increase year-over-year.
  • Worksport Ltd annual Operating Margin for 2023 was -963 %, a 91.2% increase from 2022.
  • Worksport Ltd annual Operating Margin for 2022 was -11K %, a 340% decline from 2021.
  • Worksport Ltd annual Operating Margin for 2021 was -2.49K %, a 774% decline from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q3 2024 -235 +1.81K +88.5% Jul 1, 2024 Sep 30, 2024
Q2 2024 -402 +4.42K +91.7% Apr 1, 2024 Jun 30, 2024
Q1 2024 -738 +12.7K +94.5% Jan 1, 2024 Mar 31, 2024
Q4 2023 -963 +10K +91.2% Oct 1, 2023 Dec 31, 2023
Q3 2023 -2.04K +11.6K +85% Jul 1, 2023 Sep 30, 2023
Q2 2023 -4.82K +2.2K +31.4% Apr 1, 2023 Jun 30, 2023
Q1 2023 -13.4K -10.7K -393% Jan 1, 2023 Mar 31, 2023
Q4 2022 -11K -8.47K -340% Oct 1, 2022 Dec 31, 2022
Q3 2022 -13.6K -12.6K -1226% Jul 1, 2022 Sep 30, 2022
Q2 2022 -7.02K -6.44K -1100% Apr 1, 2022 Jun 30, 2022
Q1 2022 -2.72K -2.13K -357% Jan 1, 2022 Mar 31, 2022
Q4 2021 -2.49K -2.2K -774% Oct 1, 2021 Dec 31, 2021
Q3 2021 -1.03K -440 -75.3% Jul 1, 2021 Sep 30, 2021
Q2 2021 -585 -509 -669% Apr 1, 2021 Jun 30, 2021
Q1 2021 -596 -555 -1346% Jan 1, 2021 Mar 31, 2021
Q4 2020 -285 -257 -920% Oct 1, 2020 Dec 31, 2020
Q3 2020 -585 -561 -2358% Jul 1, 2020 Sep 30, 2020
Q2 2020 -76.1 -11 -16.8% Apr 1, 2020 Jun 30, 2020
Q1 2020 -41.2 +82.8 +66.8% Jan 1, 2020 Mar 31, 2020
Q4 2019 -27.9 +224 +88.9% Oct 1, 2019 Dec 31, 2019
Q3 2019 -23.8 Jul 1, 2019 Sep 30, 2019
Q2 2019 -65.2 Apr 1, 2019 Jun 30, 2019
Q1 2019 -124 Jan 1, 2019 Mar 31, 2019
Q4 2018 -252 Oct 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.