@deanotrader Where are you getting your numbers from other than from thin air? 8k gross profit per unit wholesale. 80% profit margin, in the bicycle manufacturing industry?
WOW Where do I invest ……..
Trek is not publicly listed but their competitor Giant is. They are running on a Gross profit margin of 20%. 55 mil rev and 44 mil in COGS equals GPM of 20%.
Evidence suggests that the bicycle industry runs on tight margins.
TTT media, page-80
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