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
