KTM to file for Bankruptcy/ Self Restructuring on Friday

KurtJ99 wrote:

I am guessing that their 2025 supplier obligations are big part of that surprise debt. Not sure what their cancellation terms are to balance out 2025...

I am guessing that their 2025 supplier obligations are big part of that surprise debt. Not sure what their cancellation terms are to balance out 2025 sales reduction with supply, but in an upturn all companies think about is receiving inventory and shortening lead times. If they haven't had this kind of a downturn in recent history it is likely their supply chain management isn't able either organizationally or contractually to reduce the demand at their suppliers. You also don't want to lose key suppliers by making them suddenly unprofitable and drive them out of business. By internalizing WP and being 100% KTM group, you have by extension those commercial obligations. If like Beta and others you are 5-15% of your suppliers business, you can ramp down and not lose the supplier. It can be more profitable to buy your supplier, but there is a risk.

Team403 wrote:

Jeff Emig going to take a haircut?

Dirty Points wrote:

Missed opportunities here: 

"Fro getting trimmed?"

"Fro to be cut off?"

soyMotero wrote:

https://www.motorsport.com/motogp/news/ktm-to-pause-motogp-bike-development-amid-huge-financial-crisis/10678780/They will race in MotoGP in 2025, but with no upgrades from the current chassis, that isn't a good sign, Ducati is years ahead, Aprilia...

https://www.motorsport.com/motogp/news/ktm-to-pause-motogp-bike-development-amid-huge-financial-crisis/10678780/

They will race in MotoGP in 2025, but with no upgrades from the current chassis, that isn't a good sign, Ducati is years ahead, Aprilia has the reiging World Champ and Yamaha has improved a lot, next year could be tough for KTM.

How much money does MX/SX Teams put into bike development during the season? Could be tough for them to try new things during the season.

MxAddic wrote:

You are absolutely right Pro. Tell that to the fellow claiming they are worth 3 Billion. The very same clown taking me to the mat for...

You are absolutely right Pro. Tell that to the fellow claiming they are worth 3 Billion. The very same clown taking me to the mat for making up numbers that I got directly from the company website.

Beagle wrote:

Lol you're so bad at this 🤣I say 3 billion in assets because that's the value quoted by PMG in its H1 2024 report that is...

Lol you're so bad at this 🤣

I say 3 billion in assets because that's the value quoted by PMG in its H1 2024 report that is publicly available and of which the link has been posted multiple times. 

That is called NOT making shit up.

You've found a document (that does not come from KTM btw) that says KTM off-road market share in North America was 50%. Based on this, you said it was 20% and you're 100% sure it is not 50%. 

That IS called making shit up. 

I thought we were done with this, hope this clarifies 😄

aeffertz wrote:

I just want to thank @Beagle for all the analysis and coverage on this! I’m a dumbass so it’s nice to see someone who’s actually knowledgeable...

I just want to thank @Beagle for all the analysis and coverage on this! I’m a dumbass so it’s nice to see someone who’s actually knowledgeable on the subject break it down for the plebeians.

soyMotero wrote:

https://www.motorsport.com/motogp/news/ktm-to-pause-motogp-bike-development-amid-huge-financial-crisis/10678780/They will race in MotoGP in 2025, but with no upgrades from the current chassis, that isn't a good sign, Ducati is years ahead, Aprilia...

https://www.motorsport.com/motogp/news/ktm-to-pause-motogp-bike-development-amid-huge-financial-crisis/10678780/

They will race in MotoGP in 2025, but with no upgrades from the current chassis, that isn't a good sign, Ducati is years ahead, Aprilia has the reiging World Champ and Yamaha has improved a lot, next year could be tough for KTM.

How much money does MX/SX Teams put into bike development during the season? Could be tough for them to try new things during the season.

MPJC wrote:

I'm sure this wouldn't have prevented all (or even much of) their problems, but I think they should have taken a lesson from Yamaha with the...

I'm sure this wouldn't have prevented all (or even much of) their problems, but I think they should have taken a lesson from Yamaha with the 2 strokes. I can see wanting to keep development of the 4 strokes on the cutting edge, as they're being raced at the highest level But the 2 strokes aren't, and once they were counterbalanced, they were excellent. If they left them alone, they could have been like the YZ 2 strokes for Yamaha in that R & D was done years ago (yes, the YZs were updated recently, but they're still the same basic bike) but they keep selling every unit they make. At that point, it's a cash cow. On the other hand, when you're racking up R & D costs then having to sell at a discount, that's never a good formula. The 2022 125, 150, and 250 SX models could have sold virtually unchanged for years. No TPI or TBI needed on any 2 stroke - just keep it cheap and simple. That's part of the appeal of the YZ.

profeshenal125 wrote:

That makes sense and all. Except for 4-st racing at the highest level. People who ride a lot don’t pay attention to the highest level of...

That makes sense and all. Except for 4-st racing at the highest level. People who ride a lot don’t pay attention to the highest level of racing. There riding  , working on there bikes or traveling to ride or race.  They don’t hv time to watch races or money for 150 cable bills. 

soggy wrote:

You are so wrong about this.

Dirty Points wrote:

No. There are also 80,000 unsold bicycles.

dang472 wrote:

Interesting way to get money for an 04 CR125…

Interesting way to get money for an 04 CR125…

Cayden Thompson wrote:

Any new news?

racinstation wrote:

racinstation wrote:

rogers wrote:

I'm waiting for their buy 1, get 2 free sale.

startbuttonarmpump wrote:

Bike sales are slow as it is. Would you buy a new gasgas knowing that the dealer you got it from might not be there next...

Bike sales are slow as it is. Would you buy a new gasgas knowing that the dealer you got it from might not be there next month? 

Dirty Points wrote:

No. There are also 80,000 unsold bicycles.

FreshTopEnd wrote:

That and apparently acquiring other companies to break into cycling, likely debt financed, which the folks following MotoGP seem to think is what really cut their...

That and apparently acquiring other companies to break into cycling, likely debt financed, which the folks following MotoGP seem to think is what really cut their legs out from under them far more than motorcycles and racing programs.  

MX558 wrote:

I'll be picking up a 25 KTM 350 if they meet my price 

racinstation wrote: