Two years' success and platform for expansion
Gear4music (G4M) has excited the market with stellar growth since IPO, and has beaten our forecast once again with 272% EPS growth for FY17. Management is focusing on a strategy that could make G4M a significantly larger company, building on the international development of music as a leisure activity. The company is now investing in the infrastructure to make this possible, with two new centres in Europe and a new base in the UK.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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