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Gear4music

June 2026

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Ahead of reporting on 23 June, online musical instruments retailer G4M said it expects to beat even recently upgraded expectations for the full year. Total sales have jumped 30% to £190.7m. The UK business grew 26% to £114.1m, while international sales surged 36% to £76.6m. This shows it continues to fill the void left by the demise of several rivals last year. Assisted by less competition, gross margin is expected to reach 28.4% up from 27%. EBITDA is expected to be at least £18.1m with a profit before tax of at least £9.7m (FY25: £1.6m). Fit out of the new UK warehouse is progressing. Despite £3.6m of warehouse-related payments, net bank debt has fallen to £5m at the year end. April comps get tougher but it ...

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Watkin Jones

Reach

Gear4music (February 2026)

Gear4music (January 2026)

Gear4music (December 2025)

Gear4music - Buys rivals stock for 50p in the £1 (July 2025)

Gear4music - Deja vu - key European rivals go into administration (May 2025)

Gear4music (February 2025)

Gear4music (December 2024)

Gear4music - Net debt falls £3.6m in 6 months (November 2024)

Gear4music - Time for a second bite at the cherry (August 2024)

Gear4Music (May 2022)

Gear4music (January 2022)

Gear4Music (February 2021)

Gear4Music - Earnings forecast upgraded by 138% (August 2020)

Gear4Music (May 2020)

Gear4music (February 2020)

Gear4music - European rival falls into administration (January 2020)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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