Belgian bike brand Cowboy wrote off heavy losses in 2021. Yet it didn’t fail to persuade new investors to climb aboard during a crowdfunding campaign. /cowboy
Amid a successful crowdfunding campaign, it came to light that Belgian bicycle manufacturer Cowboy booked a considerable loss last year, exceeding its turnover. The financial results were published in documents the company made available to possible investors from a crowdfunding round. According to the preliminary figures, the net loss in 2020 doubled from 11,7 million
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