RYU Apparel Inc V.RYU.H

Alternate Symbol(s): RYPPF

Consumer Cyclical Luxury Goods

RYU Apparel Inc. is a Canada-based urban athletic apparel brand, which is engaged in the development, marketing and distribution of apparel, bags and accessories. The Company’s products are engineered for the fitness, training and performance of the multi-discipline athlete. The Company’s products are designed, developed and tested at its corporate headquarters in Vancouver, British Columbia, Canada. The Company’s products are produced in factories located in North America and Asia and it sells its products through retail, e-commerce and wholesale channels. The Company offers its products for both men and women and also sells its products through Websites, ryu.ca and ryu.com.

TSXV:RYU.H - Post by User

RYU Apparel Inc > How much revenue = no loss?

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Comment by athleticsguyon Dec 04, 2019 8:28pm

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RE:RE:RE:RE:RE:How much revenue = no loss?

Yes, the burn rate is decreasing but the gap is still huge. Their Q3 net loss was 3.9m on 1.4m revenue!!! Even if Q4 is extremely successfully they will likely lose another 3m+. It takes $ to operate a business and the money has to come from somewhere. Can RYU continue to obtain financing long enough to reach profitability?

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