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.

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RYU Apparel Inc > How much revenue = no loss?

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Comment by WHOAstockson Dec 03, 2019 1:29pm

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Post# 30417968

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

The brand is definitely picking up in sales and burn rate is decreasing:
• Revenue of $1,473,136 as compared to $1,223,524, an increase of 20%.
• Gross profit of $734,242 as compared to $710,545, an increase of 3%.
• Operating expenses of $4,539,997 as compared to $4,877,002, a decrease of 7%.
• Net loss of $3,805,755 as compared to $4,166,457, a decrease of 9%.

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