Trading Update

In brief · summary, not quotable

Gear4music (Holdings) plc has raised its financial expectations for the year ending 31 March 2026, now anticipating EBITDA to be not less than £16.7 million, exceeding previous consensus expectations of £15.2 million. This upgrade follows a period of strong trading momentum, including a record revenue day on Cyber Monday with over 14,000 orders dispatched. The company's operational infrastructure successfully managed the increased demand, and the board is confident in continued strong performance through the critical peak trading period.

Full announcement

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Gear4music (Holdings) plc, ('Gear4music' or 'the Group') (LSE: G4M), the UK's largest retailer of musical instruments and music equipment, today issues a Trading update.

Andrew Wass, Executive Chair, said:

"We are pleased to report that the very strong sales momentum highlighted in our previous updates continued over the recent Black Friday weekend, with the Group dispatching over 14,000 orders in a single day across all markets on Cyber Monday, marking the highest revenue day in our history.

Our operational infrastructure performed well under the increased levels of demand, and although we are still early in the critical peak trading period, the continued strength of trading provides the Board with sufficient confidence to again raise its expectations for the Group's financial performance for the year ending 31 March 2026. This follows the upgrades announced in June, September, October and November 2025, and we now expect EBITDA to be not less than £16.7m.

We look forward to providing a further trading update after the Christmas period on 20 January 2026."

* Gear4music believes that consensus market expectations for the year ending 31 March 2026 prior to release of this announcement were revenues of £175.1 million, EBITDA of £15.2 million and profit before tax of £6.8 million.

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