The Redditch-based athleisure company has showcased a remarkable financial performance in its latest fiscal year.
With a notable pre-tax profit increment and significant sales growth, the firm’s recent achievements underscore its resilient market presence.
Following the significant profit surge, the firm declared a dividend of £275,000. This marks a notable increase from the previous year’s dividend of £62,500.
The increased dividend reflects the company’s robust financial health and its confidence in sustained future growth.
Founded in 2018 by two brothers, the company has evolved from a small start-up to a major player in the athleisure market.
Their growth, from operating in a spare room to establishing a substantial market presence, exemplifies entrepreneurial success and strategic acumen.
In summary, the company’s exceptional financial performance coupled with strategic investments and a focus on customer satisfaction highlights a promising future.
The firm’s ability to grow amidst economic uncertainty reinforces its position as a resilient and innovative player in the market. Its forward-looking strategies are likely to yield continued success.