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Taiga EOY Financials
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Taiga Fourth Quarter 2023 Operational Updates

"Produced 417 vehicles, of which 243 were Orca Performance watercraft and 74 were Nomad snowmobiles. "
"Sold and delivered 242 vehicles, including 119 Orca PWC and 123 Nomad snowmobiles."

Does that mean they have a new inventory of ~175 Orcas? That's a good amount to be built but not in customers hands. How many are waiting for an order on here?

"In view of the current economic context combined with an unusually mild winter that negatively impacted the snowmobile business, Taiga is in the process of taking several steps to adjust its operations to better align seasonal production timing with dealer inventory levels. As such, the Company announced today that it is temporarily pausing its vehicle production and temporarily reducing its workforce accordingly by approximately 70 people."

I'm a huge Taiga fan and we have some on the way for the rental fleet in Norfolk. 📷

Full Story:

https://markets.qtrade.ca/news/story...

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7 months ago