Latest news with #Gear4music
BBC News
6 days ago
- Business
- BBC News
Socktopus to take over former GAK Music Emporium shop in Brighton
A family-run sock businesses is moving into the former GAK Music Emporium building in Brighton's North iconic yellow GAK Music Emporium closed in March, entered insolvency and sold its assets to will expand from its current Bond Street location and began giving its new building a major makeover on Game, manager, said: "We have fully outgrown our tiny shop so we have taken on the new premises, which is really exciting." Socktopus currently has seven stores across the UK, in Brighton, Cambridge, Edinburgh, Oxford, York, Chester and brand, owned by Nick and Josie Starsmore, began in Brighton and is known for its unique sock designs. The new shop is expected to open in early August, with both sites operating temporarily until the Bond Street store is closed next year. The move marks a significant step for the family-run business, which began in the North Laine and has built a loyal following. Ms Game said: "It is going to be a big change - much more space."The new premises will retain some of the original interior features but is being repainted blue."We've had some great responses from people saying it's 'Socktopus blue'," Ms Game added."It looks very pretty and quite in keeping with the area."Socktopus plans to use the larger space to host more in-store events and community activities. The GAK brand, meanwhile, will continue online under new ownership, following the sale of its stock, branding and website to
Yahoo
25-06-2025
- Business
- Yahoo
Gear4music (Holdings) Full Year 2025 Earnings: EPS: UK£0.04 (vs UK£0.031 in FY 2024)
Revenue: UK£146.7m (up 1.6% from FY 2024). Net income: UK£832.0k (up 28% from FY 2024). Profit margin: 0.6% (up from 0.5% in FY 2024). The increase in margin was driven by higher revenue. EPS: UK£0.04 (up from UK£0.031 in FY 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period The primary driver behind last 12 months revenue was the United Kingdom (UK) segment contributing a total revenue of UK£90.2m (61% of total revenue). Notably, cost of sales worth UK£107.1m amounted to 73% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£22.8m (59% of total expenses). Explore how G4M's revenue and expenses shape its earnings. Gear4music (Holdings) shares are up 10% from a week ago. Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Gear4music (Holdings) (1 is a bit concerning) you should be aware of. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
18-06-2025
- Business
- Yahoo
Gear4music (Holdings)'s (LON:G4M) earnings trajectory could turn positive as the stock jumps 26% this past week
It is doubtless a positive to see that the Gear4music (Holdings) plc (LON:G4M) share price has gained some 39% in the last three months. But don't envy holders -- looking back over 5 years the returns have been really bad. In that time the share price has delivered a rude shock to holders, who find themselves down 51% after a long stretch. So is the recent increase sufficient to restore confidence in the stock? Not yet. However, in the best case scenario (far from fait accompli), this improved performance might be sustained. The recent uptick of 26% could be a positive sign of things to come, so let's take a look at historical fundamentals. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During five years of share price growth, Gear4music (Holdings) moved from a loss to profitability. That would generally be considered a positive, so we are surprised to see the share price is down. Other metrics may better explain the share price move. Revenue is actually up over the time period. So it seems one might have to take closer look at the fundamentals to understand why the share price languishes. After all, there may be an opportunity. The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail). We know that Gear4music (Holdings) has improved its bottom line lately, but what does the future have in store? This free report showing analyst forecasts should help you form a view on Gear4music (Holdings) It's good to see that Gear4music (Holdings) has rewarded shareholders with a total shareholder return of 48% in the last twelve months. There's no doubt those recent returns are much better than the TSR loss of 9% per year over five years. The long term loss makes us cautious, but the short term TSR gain certainly hints at a brighter future. It's always interesting to track share price performance over the longer term. But to understand Gear4music (Holdings) better, we need to consider many other factors. For example, we've discovered 5 warning signs for Gear4music (Holdings) (1 is potentially serious!) that you should be aware of before investing here. If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Sun
21-04-2025
- Business
- The Sun
One of UK's biggest music chains suddenly collapses into administration with staff left ‘hung out to dry'
ONE of the UK's biggest music chains has suddenly collapsed into administration - as employees say they've been "hung out to dry". The leading musical instrument shop filed for insolvency on April 15 after swirling rumours among staff about the future of the business. 1 Gak Music Emporium in Brighton shut up shop on March 25 after its stock and website were reportedly bought by an online retailer for £2.4million. Eagle-eyed customers noticed the site was down earlier this month, with a message saying it was "currently unavailable". Online shoppers are now being redirected to Gear4music, a musical instruments and equipment retailer. The firm has reportedly purchased over a million pounds worth of stock together with assets including websites and trademarks. According to Connor, a musical technician at the store, employees were left in the dark for weeks leading up to being let go. He said staff had been "hung out to dry" with many made redundant on April 7. He told the Argus: 'We were hung out to dry. On Friday [March 28], they emailed saying 'still no investors, but we'll update you on Monday'. 'On Monday we were told there were still no investors. We were told we were employed all this time, so it was very confusing for staff.' The musical buff said he's resorted to posting flyers on the closed shop front advertising his services in a bid to secure some work. A spokeswoman for Gear4music said: "The company has entered insolvency and appointed an insolvency practitioner. "Its assets, including stock, branding, and websites, have been sold to "The original company, however, still legally exists and remains responsible for its liabilities, but may not have funds to meet them." This comes just weeks after an iconic music shop that had been in business for almost 50 years was forced to close. The family-owned store, which started as an organ shop, had been plagued by long-term parking issues. Intasound first launched on Narborough Road, Leicester, in 1976 and was the town's last remaining independent music store. Lloyd Wright and his brother Alex took over the business after their dad, Malcolm, retired. But the brothers say the lack of parking had been a huge issue and was impacting sales. Lloyd told Leicestershire Live said: "Regular feedback is about parking not being available, if you're buying a large piece and having to park three roads down, it's just not practical.' Why are retailers closing shops? EMPTY shops have become an eyesore on many British high streets and are often symbolic of a town centre's decline. The Sun's business editor Ashley Armstrong explains why so many retailers are shutting their doors. In many cases, retailers are shutting stores because they are no longer the money-makers they once were because of the rise of online shopping. Falling store sales and rising staff costs have made it even more expensive for shops to stay open. The British Retail Consortium has predicted that the Treasury's hike to employer NICs from April 2025, will cost the retail sector £2.3billion. At the same time, the minimum wage will rise to £12.21 an hour from April, and the minimum wage for people aged 18-20 will rise to £10 an hour, an increase of £1.40. In some cases, retailers are shutting a store and reopening a new shop at the other end of a high street to reflect how a town has changed. The problem is that when a big shop closes, footfall falls across the local high street, which puts more shops at risk of closing. Retail parks are increasingly popular with shoppers, who want to be able to get easy, free parking at a time when local councils have hiked parking charges in towns. Many retailers including Next and Marks & Spencer have been shutting stores on the high street and taking bigger stores in better-performing retail parks instead. In some cases, stores have been shut when a retailer goes bust, as in the case of Carpetright, Debenhams, Dorothy Perkins, Paperchase, Ted Baker, The Body Shop, Topshop and Wilko to name a few. What's increasingly common is when a chain goes bust a rival retailer or private equity firm snaps up the intellectual property rights so they can own the brand and sell it online. They may go on to open a handful of stores if there is customer demand, but there are rarely ever as many stores or in the same places. The Centre for Retail Research (CRR) has warned that around 17,350 retail sites are expected to shut down this year.
Yahoo
27-01-2025
- Business
- Yahoo
UK Exchange: Promising Penny Stocks To Watch In January 2025
The United Kingdom's stock market has recently faced challenges, with the FTSE 100 and FTSE 250 indices experiencing declines due to weak trade data from China, impacting companies heavily reliant on Chinese demand. Despite these broader market pressures, investors continue to seek opportunities in lesser-known segments like penny stocks. Although the term "penny stocks" might seem outdated, it still refers to smaller or newer companies that can offer significant growth potential when backed by solid financials. Name Share Price Market Cap Financial Health Rating ME Group International (LSE:MEGP) £2.07 £780M ★★★★★★ Begbies Traynor Group (AIM:BEG) £0.934 £148.85M ★★★★★★ Foresight Group Holdings (LSE:FSG) £3.71 £432.46M ★★★★★★ Stelrad Group (LSE:SRAD) £1.42 £180.84M ★★★★★☆ Next 15 Group (AIM:NFG) £3.45 £343.12M ★★★★☆☆ Secure Trust Bank (LSE:STB) £4.48 £85.44M ★★★★☆☆ Ultimate Products (LSE:ULTP) £1.065 £90.69M ★★★★★★ Tristel (AIM:TSTL) £3.825 £182.42M ★★★★★★ Luceco (LSE:LUCE) £1.384 £213.45M ★★★★★☆ Helios Underwriting (AIM:HUW) £2.08 £148.39M ★★★★★☆ Click here to see the full list of 445 stocks from our UK Penny Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Gear4music (Holdings) plc is a retailer of musical instruments and equipment operating in the United Kingdom, Europe, and internationally with a market cap of £31.99 million. Operations: The company's revenue segment consists of £143.49 million from the sale of musical instruments and equipment. Market Cap: £31.99M Gear4music (Holdings) plc, with a market cap of £31.99 million, has recently turned profitable, although its earnings have declined significantly over the past five years. The company reported half-year sales of £61.74 million and a reduced net loss compared to the previous year. Despite having satisfactory debt levels and short-term assets exceeding liabilities, its interest coverage is weak at 1.6 times EBIT, and return on equity remains low at 2.6%. A large one-off gain impacted recent financial results, while revenue is forecasted to grow modestly by 6.48% per year moving forward. Take a closer look at Gear4music (Holdings)'s potential here in our financial health report. Learn about Gear4music (Holdings)'s future growth trajectory here. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Zinnwald Lithium Plc is a mineral exploration and development company operating in the United Kingdom and Germany, with a market cap of £36.78 million. Operations: Currently, the company does not report any revenue segments. Market Cap: £36.78M Zinnwald Lithium Plc, with a market cap of £36.78 million, is currently pre-revenue and unprofitable, making it challenging to assess its financial health solely on earnings. The company is debt-free and has not diluted shareholders over the past year, which can be seen as positive aspects for investors concerned about equity value preservation. However, Zinnwald faces a cash runway of less than one year if current cash flow trends persist. Despite these challenges, the management team and board are experienced with average tenures of 3.4 and 6.6 years respectively, which may provide stability during growth phases. Unlock comprehensive insights into our analysis of Zinnwald Lithium stock in this financial health report. Evaluate Zinnwald Lithium's prospects by accessing our earnings growth report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: AO World plc, along with its subsidiaries, operates as an online retailer of domestic appliances and ancillary services in the United Kingdom and Germany, with a market capitalization of £560.20 million. Operations: The company generates £1.07 billion in revenue from its online retailing of domestic appliances and ancillary services. Market Cap: £560.2M AO World plc, with a market cap of £560.20 million, has shown financial resilience despite recent challenges. The company's debt to equity ratio has significantly decreased over the past five years, and it maintains more cash than total debt, indicating strong fiscal management. Short-term assets exceed long-term liabilities; however, they fall short of covering all short-term liabilities. Recent earnings reports show improved sales and net income compared to last year, with a revised guidance projecting revenue growth exceeding 10% in B2C Retail for 2024. Despite these positives, AO's Return on Equity remains low at 18.6%. Click here and access our complete financial health analysis report to understand the dynamics of AO World. Examine AO World's earnings growth report to understand how analysts expect it to perform. Unlock our comprehensive list of 445 UK Penny Stocks by clicking here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Jump on the AI train with fast growing tech companies forging a new era of innovation. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:G4M AIM:ZNWD and LSE:AO.. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
