Pierce Group

Pierce Group is a European e-commerce company specializing in the sale of motorcycle and snowmobile gear, parts, and accessories. Headquartered in Stockholm, Sweden, the company operates through locally adapted websites under brands such as 24MX and XLMOTO. Pierce serves motocross, enduro, and road motorcycle riders, as well as snowmobile enthusiasts, with a wide range of products including several proprietary brands. The company is listed on the Nasdaq Stockholm Small Cap market.

290

2.01

0.72

— Pierce Group
%
Offroad68% Products for motocross and enduro riders sold under 24MX.
Onroad25% Products for road motorcycle riders sold under XLMOTO.
Other7% Products for snowmobile riders, primarily in the Nordics.

Pierce Group caters to a diverse range of customers across Europe, primarily focusing on motorcycle and snowmobile...

  • Offroad Ridersprimary

    Motocross and enduro riders buying gear and parts for offroad use.

  • Onroad Riderssecondary

    Motorcycle riders purchasing apparel and accessories for road use.

  • Snowmobile Ridersemerging

    Snowmobile enthusiasts in the Nordics buying seasonal gear.

Pierce Group operates primarily in Europe, with a significant presence in the Nordics and other European countries...

  • Headquartered in Stockholm, Sweden
  • Centralized warehouse in Szczecin, Poland
  • Customer care function in Barcelona, Spain
  • Operations primarily in Europe
  • Significant presence in the Nordics

Pierce Group's strategic priorities include organic growth in the European online market for motorcycle gear and...

01
Organic growth in European online marketmedium-term

To outgrow competitors and capture market share

02
Achieving adjusted EBIT margin of 5-8%medium-term

To improve profitability and financial health

03
Reinvesting free cash flowslong-term

To support continued development and strategic initiatives

Pierce Group faces several operational risks, including competition, market developments, and dependency on key...

high

Competition and market developments

Affects market share and pricing strategies

Materiality
high
high

Geopolitical tensions

Disrupts supply chains and increases costs

Materiality
high
high

Inflation and economic uncertainties

Affects consumer spending and demand

Materiality
high
medium

Quality of goods from Asia

Impacts customer satisfaction and returns

Materiality
medium
medium

IT-related risks

Affects operational efficiency and customer experience

Materiality
medium
Seasonal fluctuations
high
Performance-based share programs
medium
Currency derivatives
medium

: 11/08/2026