3rd Dec 2025 11:53
Gear4music Holdings PLC - York, England-based online retailer of musical instruments and equipment - Raises its full-year guidance and says it now expects earnings before interest, tax, depreciation and amortisation to be not less than GBP16.7 million in the financial year that ends on March 31. Gear4music says its "very strong sales momentum" continued over the 'Black Friday' weekend. It dispatched over 14,000 orders in a single day on 'Cyber Monday', which was Monday this week, making it the highest revenue day in the company's history.
"Our operational infrastructure performed well under the increased levels of demand, and although we are still early in the critical peak trading period, the continued strength of trading provides the board with sufficient confidence to again raise its expectations for the group's financial performance for the year ending 31 March 2026," says Executive Chair Andrew Wass.
This follows four previous upgrades in June, September, October and November. In November, Gear4music had said it expected Ebitda of at least GBP15.0 million, above its prior view of no less than GBP13.7 million. In financial 2025, Ebitda was GBP10.0 million. Gear4music says it believes market consensus prior to its announcement on Wednesday was for Ebitda of GBP15.2 million and pretax profit of GBP6.8 million on revenue of GBP175.1 million in financial 2026. Pretax profit was GBP1.6 million on revenue of GBP146.7 million in financial 2025.
Gear4music will provide a Christmas trading update on January 20.
Current stock price: 305.00 pence, up 6.6% in London on Wednesday
12-month change: up 82%
By Tom Waite, Alliance News editor
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