Gear4music (G4M) Trading update summary

Asset acquisition and strategic update

• Acquired £1.8 million in stock and intangible assets, including websites, trademarks, and commercial data, from a competitor in administration for £0.6 million.

• No part of the competitor's trading business, assets, or liabilities were acquired, and there are no plans to use the competitor's trading name.

Trading performance and outlook

• Sustained double-digit like-for-like sales growth in the UK and Europe over the last 30 days.

• Board expresses increased confidence in the outlook for the year ending 31 March 2026.

• Market expectations for FY26 are revenues of £153.8 million, EBITDA of £10.9 million, and profit before tax of £2.65 million.

Operational footprint and market presence

• Operates from a head office in York, with distribution centres and showrooms across the UK and Europe.

• Sells own-brand and premium third-party musical instruments and equipment to a global customer base.

• E-commerce platform supports multilingual, multicurrency transactions, delivering to over 190 countries.