Company
musicMagpie PLC
LON:MMAG
Established in 2007, musicMagpie.co.uk provides consumers with cash for their unwanted CDs, DVDs, games and electronics. The company's brands also include Decluttr in the US, which it operates out of a site in Atlanta.
23 stories
musicMagpie takeover talks help its market value jump by a third
Fresh off signing the papers for The Body Shop, Aurelius Group is now delving into the re-commerce industry
MusicMagpie launches B2B device subscription service
MusicMagpie Circular is its tech-trade service, where the London-listed company recycles old technology
musicMagpie slumps almost 70% on profit warning
Cautious consumer behaviour in August and September led to slower growth at its musicMagpie
Archive
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musicMagpie slumps into the red as cost-of-living crisis takes a toll
The technology resale giant only listed on AIM in April last year
musicMagpie confident of short-term growth prospects after tough first half
Margin performance for the first half on Consumer Technology was in line with management's revised expectations
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musicMagpie's first year as a listed company .. year one for sorrow
The trend towards higher value, lower volume products sourced from intermediary wholesale partners is expected to reduce the group's gross margin on outright sales in consumer tech by some four percentage points this year
musicMagpie's revenue and profit drop
musicMagpie PLC's revenues and profits have declined as the group, which resells used mobile phones, tablets, games as well as books and CDs, returned to normal trading levels.
musicMagpie to roll out mobile phone recycling kiosks to 300 Asda stores
Asda customers will also be able to buy and sell refurbished consumer technology products with musicMagpie through the Asda website and mobile app
musicMagpie delivers earnings growth in first results since listing
The electronics recycling and reselling firm reported that profits in the first six months of 2021 had risen 22.8% to £4mln
MusicMagpie flying high on first day of dealings
The shares were floated at 193p; in early deals, market makers were pricing them at 202-204p (bid-offer).
MusicMagpie prices initial public offering at 193p
The group's revenue is increasingly derived from consumer technology (roughly 54% of revenue). Disc media represented about 38% of revenue last year and books 7%.