Gear4music (LON:G4M) Issues Quarterly Earnings Results

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

Gear4music Stock Performance

G4M opened at GBX 280 on Wednesday. The company has a market capitalization of £58.74 million, a price-to-earnings ratio of 14.89, a P/E/G ratio of 0.78 and a beta of 0.99. The business’s 50-day moving average price is GBX 244.63 and its two-hundred day moving average price is GBX 271.73. Gear4music has a 1 year low of GBX 197.50 and a 1 year high of GBX 336. The company has a debt-to-equity ratio of 65.20, a current ratio of 2.19 and a quick ratio of 0.43.

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.