August 22, 2023 I Finance

Furch Guitars Reports Robust Growth in 2022

Furch Guitars has shared its 2022 revenue numbers. Last year, Furch Guitars saw total sales revenue of $7.4 million, representing a 29% increase over to the previous year’s sales revenue of $5.7 million. The company’s profits before tax also grew significantly, reaching $1.1 million in 2022, a 100% increase compared to the 2021 profit of $550,550.

Furch said in a statement that its goal for 2023 is to achieve sales revenue of $8.6 million and maintain its current profits.

“Our target for 2023 is the moderate yearly growth of 16%, as we take into account the ongoing market correction after the temporary sales boost during the COVID period,” said Petr Furch, Furch Guitars’ CEO.

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