“The on-going challenges faced by the company since the end of Q3 with inventory availability, for our tennis launcher in particular, drove an unexpected and significant reduction in Q4 sales. Despite this, the underlying Slinger Bag business remains resilient with high levels of consumer demand. The impact of our consistent growth in gross margins, coupled with the reduction in our operating expense base are delivering strong improvements to both operating and net income results.” said Mike Ballardie, CEO.
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