Gear4music (LON:G4M) Issues Earnings Results

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

Gear4music Stock Up 6.7%

Gear4music stock opened at GBX 288 on Wednesday. Gear4music has a one year low of GBX 197.50 and a one year high of GBX 336. The stock has a fifty day moving average of GBX 244.63 and a 200 day moving average of GBX 271.73. The company has a debt-to-equity ratio of 65.20, a quick ratio of 0.43 and a current ratio of 2.19. The stock has a market cap of £60.41 million, a PE ratio of 15.32, a price-to-earnings-growth ratio of 0.78 and a beta of 0.99.

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.