EXCLUSIVE: Worksport Targets $2M in Savings With Strategic Cuts, Set to Launch New Clean-Tech Products in 2025
EXCLUSIVE: Worksport Targets $2M in Savings With Strategic Cuts, Set to Launch New Clean-Tech Products in 2025
On Thursday, Worksport Ltd (NASDAQ:WKSP) announced new strategic cost-saving measures to boost operational efficiency and promote long-term growth.
周四，Worksport Ltd (纳斯达克:WKSP) 宣布了新的战略性节省成本措施，以提升运营效率并促进长期增长。
The company anticipates saving $1.5 million in 2025, with an additional $0.5 to $1 million in related savings, without affecting revenues or growth.
公司预计将在2025年节省150万美元，另外还有0.5到100万美元相关的储蓄，而不会影响收入或增长。
Also Read: EXCLUSIVE: Worksport Nears Launch of Compatible Tonneau Covers for Rivian R1T Pickup
也阅读：独家：Worksport快要推出Rivian R1T皮卡兼容的后货厢盖
Key Highlights:
亮点： 1.肺炎的全球发病率估计在每1000人年之间变化1.5至14例之间。 2.肺炎的患病率最高为小儿人群（6.8%），其次为老年人群（3.75%），在非大都市城市（人口在100万以下）中最显著。 3.美国的肺炎年发病率为每10000名成年人24.8例。 4.在需要住院的重症肺炎患者中，报告的死亡率为4%至37%，并随着年龄的增长而上升。 5.肺炎是全球儿童死亡的最常见感染性死因。根据世卫组织的数据，该疾病造成5岁以下儿童死亡总数的14%。
- Strategic Cost Savings: The cost-cutting initiatives, effective immediately, aim to reduce recurring expenses, improve margins, and preserve cash.
- Growth Focus: Worksport targets significant revenue growth in 2025 and aims to achieve cash flow positivity by expanding its tonneau cover business and launching clean tech products. These cost-saving efforts will accelerate this goal.
- Product Launches on Schedule: The company expects no delays for three new products, including the highly anticipated AL4 Premium Tonneau Cover, the COR Portable Energy System, and the SOLIS Solar Cover.
- Upcoming Catalysts: Initial benefits are expected in Q4 2024, with a positive financial impact in Q1 2025.
- 战略性节省成本：立即生效的削减成本措施旨在降低经常性费用，改善利润率，并保留现金。
- 增长重点：Worksport旨在在2025年实现显著的营业收入增长，并通过扩大其后货厢盖业务和推出清洁能源产品来实现现金流的积极性。这些节省成本的努力将加速这一目标。
- 产品按计划推出：公司预计三款新产品不会延迟推出，包括备受期待的AL4高级后货厢盖、COR便携能源系统和SOLIS太阳能盖。
- 即将到来的动力因素：预计初始好处将在2024年第四季度实现，对2025年第一季度的财务影响为正面。
Steven Rossi, CEO of Worksport. "These measures will improve our margins and strengthen our financial standing without compromising innovation and product quality."
Worksport的CEO Steven Rossi表示：“这些措施将改善我们的利润率，增强我们的财务状况，同时不会影响创新和产品质量。”
Growth Initiatives and Revenue Targets: Worksport is aggressively pursuing growth in its tonneau cover business, with key goals including:
增长举措和营业收入目标：Worksport正在积极推动其卡车仓盖业务的增长，关键目标包括：
- Cash Flow Positivity in 2025: Leveraging high-demand products and expanding market share.
- Significant Revenue Growth: Targeting a substantial increase in revenue by the end of 2024.
- 2025年现金流为正：利用市场需求旺盛的产品，扩大市场份额。
- 巨大营业收入增长：力争到2024年底实现营收大幅增长。
Product Launches and Upcoming Catalysts:
产品发布和即将到来的催化剂：
- AL4 Premium Tonneau Cover: Expected Release: Late Q4 2024.
- Features: Four-fold design with enhanced functionality and margins.
- Market Potential: Expected to drive significant revenue growth due to high market demand.
- Worksport COR Portable Energy System and SOLIS Solar Cover: Current Phase: Alpha release with real-world testing and design optimization underway.
- Next Steps: The pre-order campaign and more significant beta release are expected soon.
- AL4高级卡车仓盖：预计发布时间：2024年第四季度末。
- 特点：四折设计，具有提升的功能和利润。
- 市场潜力：预计因市场需求旺盛而推动大幅营收增长。
- Worksport COR便携能源系统和SOLIS太阳能罩：当前阶段：Alpha版本发布，进行真实世界测试和设计优化中。
- 下一步：预购活动和更重要的测试版发布预期将很快到来。
Worksport's subsidiary, Terravis Energy, continues to innovate with its Extreme Climate Heat Pump and is looking forward to sharing exciting updates on this technology.
Worksport的子公司Terravis能源继续通过其极端气候热泵进行创新，并期待分享关于这项技术的令人兴奋的更新。
Additionally, the company has expanded its product catalog by introducing 19 new models over the past six months.
此外，该公司在过去六个月内推出了19款新模型，扩大了其产品目录。
Price Action: WKSP stock closed higher by 6.27% at $0.5590 on Wednesday.
价格行动：WKSP股票周三收盘上涨6.27%，报0.5590美元。
Also Read:
还阅读：
- EXCLUSIVE: Worksport Expands Sales to Federal Agencies, Eyes Growth with Clean-Tech Products
- 独家报道：Worksport扩大销售至联邦机构，着眼于清洁科技产品的增长
