Gear4music (LON:G4M) Issues Quarterly Earnings Results

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

Gear4music Trading Up 6.7%

LON:G4M opened at GBX 288 on Wednesday. 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 firm has a market capitalization of £60.41 million, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 0.78 and a beta of 0.99. Gear4music has a one year low of GBX 197.50 and a one year high of GBX 336. The business has a fifty day moving average price of GBX 244.63 and a 200-day moving average price of GBX 271.73.

About Gear4music

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.