Gear4music (LON:G4M) Releases Quarterly Earnings Results

Gear4music (LON:G4M) posted its quarterly earnings data on Wednesday. The company reported GBX 34.90 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The firm had revenue of £190.75 million for the quarter. Gear4music had a return on equity of 10.10% and a net margin of 2.46%.

Gear4music Trading Up 0.8%

LON:G4M opened at GBX 295 on Thursday. The company has a debt-to-equity ratio of 65.20, a current ratio of 2.19 and a quick ratio of 0.43. The stock has a market capitalization of £61.88 million, a PE ratio of 15.69, a price-to-earnings-growth ratio of 0.78 and a beta of 1.33. The business’s 50-day simple moving average is GBX 245.51 and its 200-day simple moving average is GBX 271.62. Gear4music has a fifty-two week low of GBX 210 and a fifty-two week high of GBX 336.

Gear4music Company Profile

Operating from a Head Office in York, Distribution Centres in York, Bacup, Sweden, Germany, Ireland & Spain, and showrooms in York, Bacup, Sweden & Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and the Rest of the World.

Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.