If you wanted a KTM, I suggest you go to your dealership! the discounts are "insane".

[gstallons]

They must sell a lot of crappy sodas ?

[Scud]

 

3 hours ago, gstallons said:

They must sell a lot of crappy sodas ?

12.1 Billion cans in 2023 according to this website. https://www.statista.com/statistics/275163/red-bulls-number-of-cans-sold-worldwide/

Plus media outlets, ownership of sports teams, merchandise, etc.

 

On KTM, I do hope they stabilize the business. And if they really do have that much inventory, there will likely be some clearance sales. The emissions issues may only be relevant to sale of the street-legal bikes, not the off-road only or race bikes.

[gstallons]

I tasted a Red Bull one time and that is all I needed

[audiomick]

I tried it twice, to make sure. I was right the first time...

[LaGrasta]

yeah, yuk.

[LowRyter]

7 hours ago, Scud said:

 

12.1 Billion cans in 2023 according to this website. https://www.statista.com/statistics/275163/red-bulls-number-of-cans-sold-worldwide/

Plus media outlets, ownership of sports teams, merchandise, etc.

 

On KTM, I do hope they stabilize the business. And if they really do have that much inventory, there will likely be some clearance sales. The emissions issues may only be relevant to sale of the street-legal bikes, not the off-road only or race bikes.

The article doesn't say anything about profit and loss.   I hope unlike KTM, they sold those 12B cans and they're not in some warehouse.

Edited December 23, 2024 by LowRyter

[audiomick]

6 hours ago, LowRyter said:

 I hope unlike KTM, they sold those 12B cans and they're not in some warehouse.

According to here, that is not "cans produced", but cans actually sold:

https://www.redbull.com/int-en/energydrink/company-profile

On the topic of how a "Soda company" can afford to sponsor all those sports events, I wrote further up that I'm sure they make a profit from a large part of that. Look here: apparently 2023 was a bad year despite good success in F1 racing. Profits went down, and they only made about £20 million profit.

https://www.gpblog.com/en/news/304625/red-bull-annual-figures-show-less-profit-despite-more-revenue-in-2023.html

Quote

However, their gross profits did decline. In 2022, the Milton Keynes-based team recorded a gross profit of £24.90 million. In 2023, it was 'only' £19.69 million.

I feel really sorry for them. Only 20 million pounds, must be hard...

[LowRyter]

16 hours ago, audiomick said:

According to here, that is not "cans produced", but cans actually sold:

https://www.redbull.com/int-en/energydrink/company-profile

On the topic of how a "Soda company" can afford to sponsor all those sports events, I wrote further up that I'm sure they make a profit from a large part of that. Look here: apparently 2023 was a bad year despite good success in F1 racing. Profits went down, and they only made about £20 million profit.

https://www.gpblog.com/en/news/304625/red-bull-annual-figures-show-less-profit-despite-more-revenue-in-2023.html

I feel really sorry for them. Only 20 million pounds, must be hard...

Pretty low margin all things considered.  20m pounds?  That's not enough to fund the F1 team for a year.  I'm not even sure how many drivers and executive salary is pays.  You might remember Red Bull had to pay off one it'd staffers a a million pounds for sexual harassment by the F1 team Principal Christian Horner? 

So it raises more questions than it answers.  

[audiomick]

10 hours ago, LowRyter said:

Pretty low margin all things considered.  20m pounds?  That's not enough to fund the F1 team for a year.

That's profit, mate. After they finished paying everyone, and paying off the sexual harrrassment fees. Profit.

Edited December 25, 2024 by audiomick

[guzzigary]

With KTM apparently selling their majority stake in MV Augusta there are some deep discounts (40-50%) on some beautiful machines.

Don’t know where MV will end up but hopefully it’s a soft landing 

[p6x]

1 hour ago, guzzigary said:

With KTM apparently selling their majority stake in MV Augusta there are some deep discounts (40-50%) on some beautiful machines.

Don’t know where MV will end up but hopefully it’s a soft landing 

Good catch!

I read on the local Italian newspaper where the M.V. Agusta motorcycle plant is located, that KTM which had taken over the manufacturing of the M.V. machines in Austria, overproduced them too. They allegedly have a 2000 units in excess.

The Italian region said they will provide financial assistance to the brand as it is slated to regain its independance by the end of March 2025. According to the Italian chapter of MV Agusta, the brand is doing well.

But their distribution network is even worse than that of Guzzi. Something to keep in mind...

[LowRyter]

15 hours ago, audiomick said:

That's profit, mate. After they finished paying everyone, and paying off the sexual harrrassment fees. Profit.

Yes, well I got that.  That's like I wrote, "low margin" considering expenses.   That's $20m after selling 12b cans of fizz and funding an F1 that's over $100m.  You think that's a good deal for shareholders or maybe cutting it a little close?   What would a 1% sales drop do to their margin?

You think they paid dividends ?

Edited December 25, 2024 by LowRyter

[audiomick]

22 minutes ago, LowRyter said:

...That's $20m after selling 12b cans of fizz and funding an F1 that's over $100m. ...

As I understand it, the figures are for that one racing team alone, i.e. not counting the cans of fizz.

 

Dividends:

Quote

Mark Mateschitz erhielt für seinen Anteil im Vorjahr eine Dividende in Höhe von 582 Millionen Euro.

That's the son of the now dead co-founder of Red Bull. He owns 41% of the company, and got €582 Million in dividends in either 2022 or 2023. Can't quite make out which.

Incidently, Reb Bull is a GmbH, i.e. a "limited liabiltiy company". I don't think the company is listed on the stock market.

EDIT: bugger, I forgot to link where that quote came from, and closed the tab. Sorry...

However, I just found another one:

https://www.derstandard.de/story/3000000239121/red-bull-machte-2023-rund-24-milliarden-euro-gewinn

They are talking about €10 billion turnover, and €2.4 billion profit.

The headline:

Quote

Red Bull made a profit of around 2.4 billion euros in 2023

 

Edited December 25, 2024 by audiomick