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Cycling Weekly
Cycling Weekly
Sport
Tom Davidson

UK cycling retailer Sigma Sports posts losses for third year in a row but says latest accounts are 'positive'

Sigma Sports Oakham.

Things are looking up for Sigma Sports, the cycling retail giant has said, despite posting losses of more than £1m, and spending a third consecutive year in the red.

Last week, the UK company published its financial results for the year to 31 December 2024, which detailed a loss before tax of £1,056,874. This, however, marked an improvement on the previous two years, in which losses amounted to £3,070,997 (2023) and £4,151,345 (2022).

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