Company / SG&A Expense
Worksport Ltd SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$14.6M
FY2025
5-year range
$201.9K / $14.6M
FY2021-FY2025
Trend
+5.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
SG&A Expense has increased for 4 consecutive years, from $201,929 in FY2021 to $15M in FY2025.
Based on SEC 10-K filings.
$15M in FY2025 with a 5-year CAGR of +127.7%.
Increased from $5M to $15M over the past 2 years.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +99.0%
- 5-Year CAGR
- +127.7%
- 10-Year CAGR
- -
Key checks
Key Insights
- Worksport Ltd's sg&a expense has grown for 4 consecutive years.
- 5-year CAGR of +127.7%, indicating consistent growth.
- In FY2025, sg&a expense increased 5.4% year-over-year.
- Lowest sg&a expense in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score -0.50 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $14.6M | +5.4% |
| FY2024 | $13.9M | +178.5% |
| FY2023 | $5.0M | +168.4% |
| FY2022 | $1.9M | +818.8% |
| FY2021 | $201.9K | -15.5% |
| FY2020 | $238.8K | -11.1% |
| FY2019 | $268.7K | -82.5% |
| FY2018 | $1.5M | +1112.8% |
| FY2017 | $126.3K | -51.9% |
| FY2016 | $262.6K | +450.8% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026