Worksport seeks acquisition of US-based manufacturer of patented truck bed accessories
WKSP Worksport Ltd
$0.28 -4.50%
View chart & analysis → - 1Worksport has signed a term sheet to acquire a US-based manufacturer of patented truck bed accessories.
- 2Worksport achieved record net sales of $7.24 million in the third quarter.
- 3Operating cash use decreased to approximately 5% of Worksport's third-quarter net sales.
So what's the key point?
Worksport has decided to buy a truck accessory company that holds patents. Sales grew significantly to $7.24 million, and cash usage also decreased.
Source ACCESSWIRE +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.