Net loss at the early stage active apparel company expanded to C$4,166,457 ($3,187,802) in the third quarter from a loss of C$2,367,124 as revenues grew 64% to C$1,223,524 ($936,132) from C$745,226. Gross margin was up 1260 basis points to 58.1%. RYU recapitalized earlier this year with a $20 million raise, and opened its first U.S. ... Log in to view full article.
