Worksport Ltd. (NASDAQ:WKSP) Q2 2024 Earnings Conference Call August 13, 2024 4:30 PM ET
Company Participants
Steven Obadiah - Investor Relations
Stephen Rossi - Founder and CEO
Michael Johnston - CFO
Conference Call Participants
Tate Sullivan - Maxim Group
C. K. Poe Fratt - Alliance Global Partners
Stephen Rossi
Everyone, welcome to Worksports first ever live earnings call as a Nasdaq listed corporation. I'm Stephen Rossi, the founder and CEO of Worksport, and I'm joined today by our CFO Michael Johnston. We'd like to thank everyone for joining us today, as well as all of our special guests listening in today, those working within the capital markets, and various research analysts.
On today's call, we have exciting updates and commentary to complement our Q2 earnings reported that was just posted at 04:00 p.m. today, August 13, just about 30 minutes ago. We will be reviewing we will be reviewing the financial results for the quarterly period ending June 30, 2024. These results were issued at 04:00 p.m. today as I said above, and can be downloaded from the link provided in the chat.
At the end of today's call, our prepared remarks and presentation deck will be available for download @invest.Worksport.com. During this call, we will make forward-looking statements, including statements regarding our financial outlook for the third quarter and full year 2024. Our expectations regarding financial and business trends, impacts from the micro and macroeconomic environment, our market position opportunities go to market initiatives, growth strategy and business aspirations and product initiatives, and the expected benefit of such initiatives.
These statements are only predictions that are based on our current beliefs, expectations and assumptions. Actual results may differ materially. These forward looking statements these forward-looking statements are subject to risks and other factors that could affect our performance and financial results, which we discuss in detail in our filings with the SEC, included in our Annual Report Form 10-K and Quarterly Report Form 10-Q. Worksport assumes no obligation to update any forward-looking statements we may make on today's webinar and with that, let's begin.
Worksport is a company with strong routes. These routes are what will allow us to continue to propel into the future. Three years ago, we up listed on Nasdaq and since then we've been diligently laying the foundation for Worksport. Today, we're thrilled to share our most recent developments.
As of January 2024, our $10 million state of the art factory has begun early stage production ramp up four of our AL3 hard folding Tonneau cover proudly manufactured in America. In March 2024, we launched our online marketing campaigns targeting direct to consumer sales, and by May 2024, the company reported its best sales month yet. Today, we're excited to announce that this past quarter has been the best sales quarter in the company's history.