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Worksport Reports Preliminary Q3 Results, Reduces Operating Cash Use 89% from Second Quarter to Approximately $0.37 Million; Delivers Record Net Sales of Approximately $7.24 Million
Source: Newswire
Company FundamentalsCorporate Earnings
September net sales reached a company-record $2.68 million, extending the company's growth streak to nine consecutive months. Operating cash use fell to about 5% of net sales, versus 66% in Q2 and 249% in Q1, while B2B and distribution accounted for 50% of September net sales.
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