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
29/04/2025 · Company Insights
News covered here includes our assessment of the latest trading update and share buyback from AIM’s…
28/11/2024 · Company Insights
News covered here includes our assessment of interim results from flooring specialists Victoria; we question whether…
More on Gear4music
02/04/2025 · Company Insights
The prospect of far-reaching tariffs continues to dominate stock market sentiment and yet another AIM company…
20/11/2024 · Company Insights
A software provider whose results we assess here continues to recover from the consequences of a…
More Company Insights
Big share buyback from AIM’s giant cheers the market
Great results but another mover to the Main Market
Sector leader tumbles to new lows – are we at the bottom?
More on Blue Prism Group PLC
More on Focusrite
More on Gear4music
More Company Insights