Q2 EARNINGS CALL PRESENTATION August 13, 2025
General Update Business Update Outlook
Q&A
RECORD QUARTERLY SALES - REVENUE UP +25%, ADJ. EBITDA MARGIN AT
+6.3%
Q2 showed strong momentum, driven primarily by excellent product availability.
2025 GUIDANCE CONFIRMED: Revenue 248-261M / adj. EBITDA 7.0- 12.1M
We confirm our 2025 guidance, with revenues and adj. EBITDA likely expected to
come in at the upper end of the range.
REVENUE-TO-INVENTORY RATIO BACK TO PRE-PANDEMIC LEVELS
Inventory levels are now at a healthy level, driven by optimized purchasing and SAP implementation.
HIGHEST EVER FULLBIKE SALES IN A SECOND QUARTER
Fullbike segment grew by 26%, despite excess inventory pressure in certain product categories across the industry.
STRONG GROWTH ACROSS ALL EUROPEAN MARKETS
The GSA region remained the main growth driver with +28%. Performance
marketing costs representing just 1.2% of revenue.
fieneral Update Business Update Outlook
Q&A
| Attention: This is an excerpt of the original content. To continue reading it, access the original document here. |