Quebec-based electric snowmobile and watercraft manufacturer Taiga Motors just released its 2023 Q4 and full-year financial results, and though year-over-year revenues increased from the CAD $3.2 million recorded at the end of 2022 to CAD $16.1 million at the end of 2023, the company isn't looking all that great.
For those on the US side of the border, those figures convert to US $2,367,214 in 2022 and around US $12M in 2023. At the same time, inventory also increased over the past year, going from CAD $20.8 million at the end of 2022 to CAD $33.2 million at the end of 2023.
