19th Jun 2023 10:40
musicMagpie PLC - Stockport, England-based used-technology reseller - Says focussed on cost control and increasing gross margins rather than growing revenue on lower margin products. Consumer Technology revenue for the first half of 2023 is GBP41.2 million, comprising two thirds of total revenue. This is compared to GBP46.0 million the year before. Says sales of disc media and books continue their anticipated decline, falling to GBP20.8 million from GBP25.3 million the year before. Says it has extended its GBP30.0 million revolving credit facility by one year to provide committed facilities through to July 2026. Read More
