Woman cyclist riding Mountain Bike on highway

28 March 2022 - final results

The AIM-listed sports, leisure goods and mobility supplier has released final results for the year ended 31 December 2021.  However, these were overshadowed by a downbeat outlook statement which revealed weak performance at the start of 2022.  In the 11 weeks to 20 March 2022 revenue was £4.43m, which was approximately 43% behind the same 11 week period in the prior year.  However, the comparative period was exceptionally strong as back orders for 2020 were fulfilled and revenue in the opening part of 2022 was 7% ahead of the comparative period in 2020 . . .

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