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Gear4music (G4M) Share News

IN BRIEF: Gear4music sales accelerate in late March and early April

16th Apr 2025 14:11

Gear4Music Holdings PLC - York, England-based retailer of musical instruments and music equipment - Says the "marked improvement" in UK and European like-for-like sales seen in the second half of March continued in the first half of April, resulting in double-digit percentage sales growth in the past 30 days. Gear4music says this has increased its confidence in meeting expectations for the financial year that began this month and runs to March 31, 2026. Says market expectations for financial 2026 are pretax profit of GBP2.7 million and adjusted earnings of GBP10.9 million on revenue of GBP153.8 million. Gear4music previously said financial 2025 results are expected to be pretax profit of GBP1.6 million and adjusted earnings of GBP10.0 million on revenue of GBP146.7 million. Read More

AIM WINNERS & LOSERS: Strategic Minerals raises GBP1 million

16th Apr 2025 09:55

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More

Gear4Music expects profit boost but results to miss consensus

2nd Apr 2025 12:52

(Alliance News) - Gear4Music Holdings PLC reported that its financial performance surpassed last year's despite the challenging consumer environment. Read More

IN BRIEF: Gear4Music trades in line as UK rise offsets European fall

21st Jan 2025 10:20

Gear4Music Holdings PLC - York, England-based retailer of musical instruments and equipment - Revenue rises 5.6% to GBP49.0 million in the three months that ended December 31, Gear4Music's financial third quarter, from GBP46.4 million a year before. Within this, UK revenue jumps by 13% to GBP29.7 million from GBP26.2 million, while European & Rest of the World revenue slips 4.5% to GBP19.3 million from GBP20.2 million. Gross profit is GBP13.7 million, up from GBP13.1 million a year before, as gross margin is maintained essentially steady at 28.1%. Read More

LONDON MARKET MIDDAY: Stocks sink as eurozone inflation rises

19th Nov 2024 12:01

(Alliance News) - Stock prices in London were lower at midday on Tuesday with markets reportedly losing their risk appetites amid increasing geopolitical tensions. Read More

Gear4Music sees revenue decline despite growth in UK markets

19th Nov 2024 11:37

(Alliance News) - Gear4Music Holdings PLC on Tuesday reported a 1.4% fall in revenue in the six months to the end of September caused by declining sales outside the UK, despite a return to revenue growth in the second quarter. Read More

UK earnings, trading statements calendar - next 7 days

12th Nov 2024 12:01

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IN BRIEF: Gear4music sees narrowed loss despite first-half sales drop

22nd Oct 2024 22:14

Gear4music Holdings PLC - York, England-based instruments and music equipment retailer - Expects to report fall in revenue to GBP61.7 million in the six months to September 30 from GBP62.6 million a year prior. Further, sees gross profit lower at GBP16.5 million from GBP17.0 million. But pretax loss is expected to narrow to GBP0.7 million from GBP1.2 million. Says returned to revenue growth in the second quarter with sales up 1% after falling 4% in the first quarter. Gross margin is expected to be 26.7%, an improvement on 26.3% a year ago. Full-year outlook remains in-line with consensus market expectations, as notes stronger growth achieved during October trading to date. Feels well-positioned and prepared for the upcoming peak seasonal trading period. Gear4music puts consensus for revenue in year to March at GBP154.7 million and pretax profit of GBP2.8 million. Read More

UK earnings, trading statements calendar - next 7 days

15th Oct 2024 13:54

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IN BRIEF: Gear4Music says trading in line as peak sales period nears

6th Sep 2024 13:43

Gear4Music Holdings PLC - York, England-based instruments and music equipment retailer - Reports trading in current financial year to date has been in line with the board's expectations and that the company expects its growth strategy to deliver results in the second half of the year, which ends on March 31. "We are well prepared operationally for the upcoming seasonal peak trading period, and the board remains confident of the delivery of our medium and longer-term profitable growth strategy," Gear4Music says. Read More

UK shareholder meetings calendar - next 7 days

30th Aug 2024 16:20

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Gear4Music "well positioned" to carry out profitable growth strategy

25th Jun 2024 11:16

(Alliance News) - Gear4Music Holdings PLC on Tuesday said it successfully slashed debt and returned to profit. Read More

Gear4Music set to meet annual expectations; reshuffles board

24th Apr 2024 13:52

(Alliance News) - Gear4Music Holdings PLC on Wednesday said it is on track to meet its full-year revenue expectations and announced a board reshuffle. Read More

TRADING UPDATES: XP Factory revenue doubles; Zotefoams trades in line

18th Jan 2024 18:35

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Gear4Music interim results hit by European revenue decline

14th Nov 2023 12:26

Gear4Music Holdings PLC - York, England-based online retailer of musical instruments and equipment - Pretax loss widens to GBP1.9 million in the six months that ended September 30 from GBP1.0 million a year before, as revenue declines to GBP62.6 million from GBP66.3 million. While UK revenue grows by 2.8% to GBP36.5 million from GBP35.5 million, European & Rest of World revenue falls by 15% to GBP25.1 million from GBP30.8 million. Gear4Music also takes GBP487,000 in redundancy costs, versus none a year before. Adjusted earnings before interest, tax, depreciation and amortisation is GBP2.9 million, up from GBP2.7 million. Gear4Music declares no interim dividend, unchanged. Read More

UK earnings, trading statements calendar - next 7 days

7th Nov 2023 15:51

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Gear4Music interim revenue dips on lower demand; to meet expectations

19th Oct 2023 14:16

(Alliance News) - Gear4Music PLC on Thursday said overall interim revenue plunged on lower consumer demand but full-year outlook has been kept in line with market expectations. Read More

UK earnings, trading statements calendar - next 7 days

12th Oct 2023 15:53

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LONDON MARKET CLOSE: Stocks end higher on hopes of interest rate peak

8th Sep 2023 17:08

(Alliance News) - Stocks in London closed in the green on Friday, with markets riding high on the hopes that interest rates in the UK may soon hit their peak. Read More

IN BRIEF: Gear4Music says margins increasing; 2nd hand shop launched

8th Sep 2023 10:23

Gear4Music PLC - York, England-based retailer of musical instruments and equipment - Chief Executive Officer Andrew Wass tells annual general meeting that trading in its financial year that began on April 1 has been in line with board expectations. Cites consensus market expectations of GBP10.0 million in earnings before interest, tax, depreciation and amortisation in financial 2024 on revenue of GBP161.2 million. This would compare with GBP7.4 million and GBP152.0 million in financial 2023. Read More

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