Gear4music (Holdings) Income Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	165.73	146.72	144.38	152.04	147.63	157.45
Revenue Growth (YoY)	15.50%	1.62%	-5.04%	2.99%	-6.24%	30.85%
Cost of Revenue	119.82	107.06	104.95	113	106.5	111.1
Gross Profit	45.91	39.66	39.44	39.04	41.13	46.35
Selling, General & Admin	32.92	30.41	30.8	32.32	30.55	27.1
Research & Development	0.13	0.13	0.18	0.28	0.23	0.16
Amortization of Goodwill & Intangibles	4.12	4.12	3.74	3.09	2.39	1.97
Other Operating Expenses	-1.07	-0.91	-0.94	-0.95	-0.81	-0.68
Operating Expenses	38.78	36.43	36.69	37.74	35.07	30.95
Operating Income	7.13	3.23	2.75	1.3	6.06	15.41
Interest Expense	-1.6	-1.61	-2.04	-1.5	-0.93	-0.6
Interest & Investment Income	0.11	0.12	0.04	-	-	-
Currency Exchange Gain (Loss)	-0.16	-0.18	-0.19	-0.19	-0.1	-0.16
Other Non Operating Income (Expenses)	-0	-0	-0	-0	-0.03	-0.01
EBT Excluding Unusual Items	5.48	1.56	0.57	-0.39	5	14.64
Gain (Loss) on Sale of Assets	0.01	0.01	0.02	-0.02	0.01	0
Pretax Income	5.49	1.56	0.58	-0.41	5.01	14.64
Income Tax Expense	1.41	0.73	-0.07	0.24	1.29	2
Net Income	4.07	0.83	0.65	-0.64	3.72	12.64
Net Income to Common	4.07	0.83	0.65	-0.64	3.72	12.64
Net Income Growth	314.77%	27.80%	-	-	-70.55%	388.07%
Shares Outstanding (Basic)	21	21	21	21	21	21
Shares Outstanding (Diluted)	23	22	22	21	22	21
Shares Change (YoY)	2.07%	-0.60%	5.26%	-2.61%	1.76%	-0.03%
EPS (Basic)	0.19	0.04	0.03	-0.03	0.18	0.60
EPS (Diluted)	0.18	0.04	0.03	-0.03	0.17	0.60
EPS Growth	309.91%	26.67%	-	-	-71.02%	389.34%
Free Cash Flow	5.46	7.91	14.46	18.72	-9.36	13.73
Free Cash Flow Per Share	0.24	0.36	0.66	0.89	-0.43	0.65
Gross Margin	27.70%	27.03%	27.31%	25.68%	27.86%	29.44%
Operating Margin	4.30%	2.20%	1.90%	0.86%	4.10%	9.78%
Profit Margin	2.46%	0.57%	0.45%	-0.42%	2.52%	8.03%
Free Cash Flow Margin	3.29%	5.39%	10.01%	12.31%	-6.34%	8.72%
EBITDA	6.21	4.34	4.01	2.76	7.41	16.65
EBITDA Margin	3.75%	2.96%	2.78%	1.81%	5.02%	10.57%
D&A For EBITDA	-0.93	1.11	1.27	1.45	1.35	1.24
EBIT	7.13	3.23	2.75	1.3	6.06	15.41
EBIT Margin	4.30%	2.20%	1.90%	0.86%	4.10%	9.78%
Effective Tax Rate	25.77%	46.73%	-	-	25.75%	13.65%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.