trending Market Intelligence /marketintelligence/en/news-insights/trending/8ROgiCcrG8tknk6_bbyFsw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Gear4Music fiscal H1 loss narrows YOY

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Gear4Music fiscal H1 loss narrows YOY

Gear4music (Holdings) plc said its normalized net income for the fiscal first half ended Aug. 31 was a loss of 3 Great British pence per share, compared with a loss of 5 pence per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of £280,630, compared with a loss of £576,250 in the prior-year period.

Total revenue rose 42.5% year over year to £12.5 million from £8.8 million, and total operating expenses climbed 36.7% from the prior-year period to £12.6 million from £9.2 million.

Reported net income came to a loss of £1.1 million, or a loss of 10 pence per share, compared to a loss of £902,000, or a loss of 7 pence per share, in the year-earlier period.