Gear4music (G4M) Q2 2027 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2027 TU earnings summary
20 Oct, 2026Executive summary
H1 revenue and gross profit grew YoY, with trading in line with Board expectations despite strong comparatives and challenging discretionary spending conditions.
Financial highlights
Revenue rose 6% to £85.4m; gross profit expected at £23.6m vs £22.6m in FY26 H1 and £16.5m in FY25 H1.
EBITDA expected at £5.7m vs £6.5m in FY26 H1 and £2.9m in FY25 H1, reflecting setup costs for the automated UK warehouse.
Outlook and guidance
FY27 performance expected to be in line with market consensus: revenue £200.2m, EBITDA £16.0m and profit before tax £6.0m.
Peak trading remains ahead; the Board said operations are well prepared for this key period.
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