Rocky Mountain Shares New Statement About it´s Financial Situation

Back in December, the company behind Rocky Mountain Bikes announced that it filed an application with the Superior Court of Quebec to obtain protection under the Companies’ Creditors Arrangement Act (CCAA).

The $141 million debt has reportedly strained the company’s cash flow to unsustainable levels. Industry analysts suggest that mismanagement, combined with challenges in the post-pandemic economic landscape, could be contributing factors. While Rocky Mountain Bikes enjoyed a surge in demand during the pandemic cycling boom, supply chain issues and inflationary pressures have made it increasingly difficult to sustain profitability.

Now Rocky Mountain has release a new statement that is set to guarantee their commitment with dealers and customers during 2025. We ignore the current financial situation of the company but most likely the restructure is working favorable for the brand, this along the rumored entry of new partners and capital could suppose a strong come back for canadian brand.

The new statement :