Sosandar (LON:SOS) Announces Earnings Results

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

Sosandar Stock Performance

Shares of LON:SOS traded down GBX 0.30 during mid-day trading on Thursday, reaching GBX 9.70. 742,780 shares of the company traded hands, compared to its average volume of 493,300. The company’s 50 day moving average price is GBX 12.01 and its 200-day moving average price is GBX 9.96. The firm has a market cap of £20.91 million, a PE ratio of 69.29 and a beta of 1.58. The company has a debt-to-equity ratio of 19.66, a current ratio of 2.77 and a quick ratio of 1.40. Sosandar has a 52 week low of GBX 6 and a 52 week high of GBX 14.

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.