Focusing on the European opportunity
Gear4music (G4M) confirms that trading is on track for the first four months of FY18. The return to a more normal second half-weighted revenue split has already been flagged. Significant development of the offer and the platform is underway as the company focuses on the international opportunity. Given this focus, the market’s expectation of the time the company is likely to take to build European market share may be too cautious, which would imply upside for the share price.Gear4music (Holdings) is an e-commerce retailer of musical instruments and music equipment. The products are sourced from over 710 manufacturers, and range from kazoos to digital pianos, drum kits and guitars.
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