Sosandar (LON:SOS) Posts Earnings Results

Sosandar (LON:SOS) released its quarterly earnings data on Thursday. The company reported GBX (0.26) earnings per share for the quarter, Digital Look Earnings reports. Sosandar had a return on equity of 2.09% and a net margin of 0.84%. The business had revenue of GBX 2,078 million during the quarter.

Sosandar Price Performance

LON SOS traded down GBX 0.30 during trading hours on Thursday, reaching GBX 9.70. The company’s stock had a trading volume of 742,780 shares, compared to its average volume of 493,300. The firm’s 50-day moving average price is GBX 12.01 and its 200-day moving average price is GBX 9.96. The company has a quick ratio of 1.40, a current ratio of 2.77 and a debt-to-equity ratio of 19.66. Sosandar has a 1 year low of GBX 6 and a 1 year high of GBX 14. The company has a market capitalization of £20.91 million, a price-to-earnings ratio of 69.29 and a beta of 1.58.

Sosandar Company Profile

Sosandar is a womenswear brand, specifically targeted at a generation of women who have graduated from throwaway fashion and are looking for quality, affordable clothing with a premium, trend-led aesthetic. This is a section of the market that is currently being underserved.

Sosandar was launched in September 2016. The Sosandar business model is built around using trend-led, exclusive designs produced in-house and then manufactured using a variety of global suppliers. Sosandar caters for a growing market of fashion conscious women, while utilising an outsourced logistics provider that can support its planned growth over the coming years.