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Everything about Financial

  •  Photo Fox Factory
    Financial10:00

    Fox Factory sales fall 10.1% on Marucci sale and bike destocking

    US based Fox Factory Holding Corp. reported a 10.1% drop in net sales to USD 338.4 million (EUR 294.3 million) for the third quarter of 2026. Net loss was USD 109.6 million (EUR 95.3 million).

  • FinancialYesterday

    Lime tops USD 1bn trailing revenue as Q3 sales rise 20%

    Lime's third-quarter revenue rose 20% year-on-year to USD 361 million (EUR 321 million). That takes trailing twelve-month revenue at the US shared micromobility operator above USD 1 billion (EUR 888 million) for the first time. Net income rose 41% to USD 44 million.

  • Financial4 Nov 26

    Swiss investor Netcycle regrets rejection of its Ghost rescue bid

    Swiss bicycle industry specialist Netcycle AG says its joint takeover bid for Ghost Bikes and E. Wiener Bike Parts, both subsidiaries of the insolvent Accell Group, has been rejected. Ghost will cease operations, terminate all employment contracts and sell its remaining stock en bloc,

  • Last year, Bianchi already announced the opening of a new facility as part of a strategic reorientation. – Photo Bianchi
    Financial3 Nov 26

    Bianchi seeks creditor protection to restructure debt amid growing losses

    Historic Italian bicycle manufacturer Bianchi has entered a formal debt restructuring process in a bid to secure its future following years of financial losses and operational challenges.

  • Photo Shutterstock
    Financial2 Nov 26

    Donkey Republic Q3 revenue up 10.9% as German contracts ramp up

    Danish bike-sharing operator Donkey Republic increased revenue by 10.9% to DKK 61.3 million (EUR 8.2 million) in Q3 2026. New city contracts in the Ruhr region and Düsseldorf drove the growth, and the company has confirmed its full-year guidance.

  • Company30 Oct 26

    Belgian Ahooga doubles sales in 2026 and on track to double in 2027again

    Belgian folding bike brand Ahooga doubled its sales in 2026, and dealer pre-orders for 2027 are on track to double again. More than 40 dealers joined its network this year, a year after a EUR 5.5 million funding round.

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  4. Halfords cycling sales rise 8.3% in H1 of its financial year
  5. Tariff refunds lift Thule's margin as chairman steps down
  6. Mips sales jump 59% as helmet market prepares for 2027 recovery
  7. Cannondale moves global headquarters from the US to the Netherlands
  8. Fox Factory CEO steps down as 2026 outlook drops
  9. Decathlon funds battery remanufacturer VoltR with EUR 22 mln
  10. Global bicycle component market projected to reach €20.6bn by 2034
  1. Dutch bicycle prices fall 0.4% as inflation climbs to 3.4%
  2. Ideal Bike also sees signs of business recovery
  3. Axman returns to profit as e-bike business gains traction
  4. Merida sees uneven signs of a market recovery
  5. Berria Bikes on growth path as revenue spikes 18%
  6. Pon-owned Swapfiets cuts losses to €7 million
  7. USWE revenue down double digits while shifting to dealer-direct distribution
  8. Lapierre takes a step towards Accell independence
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  10. Rebirth Group's consolidation gamble faces crucial test
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