Several companies covered here have benefited from the lockdown environment around the world, seeing strong demand for their products and services, but will they continue to prosper when normality resumes?
Gear4music: fabulous growth, but what of the future?
Gear4music (LON: G4M), the largest UK based online retailer of musical instruments and music equipment, announced excellent results for the six months ended 30 September 2020.
Revenue increased 42% to £70.2m with operating profit up meaningfully to £6.2m, from only £0.2m previously.
The period brought 403,000 new customers, a 52% increase on the comparable period. With strong trading continuing into November management now expects results for the financial year…
Sign up and read the full article
Register to continue reading our content.
Get FREE access now
Already a member? Login
Previous article
Next article
More on Blue Prism Group PLC
23/08/2021 · Your Money
The retirement of the baby boomers is one of the most important economic drivers of this…
17/05/2021 · Company Insights
Inclusion in a framework agreement for NHS England lifted the shares of AIM’s top Covid tester,…
More on Focusrite
28/11/2024 · Company Insights
News covered here includes our assessment of interim results from flooring specialists Victoria; we question whether…
31/08/2024 · Podcasts
In this episode of the Investors Champion Podcast, Chris and Lee delve into key market movers,…
More on Gear4music
20/11/2024 · Company Insights
A software provider whose results we assess here continues to recover from the consequences of a…
30/06/2024 · Podcasts
In this episode of the Investor's Champion Podcast, hosts Chris and Lee focus on the world…
More Company Insights
A struggling retailer issues a big profit warning
Another positive trading update but valuation remains modest
A corporate undertaker is reluctant to provide key information
More on Blue Prism Group PLC
More on Focusrite
More on Gear4music
More Company Insights