Sosandar (LON:SOS) Posts Earnings Results

Sosandar (LON:SOS) issued its quarterly earnings results on Thursday. The company reported GBX (0.26) earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 2,078 million during the quarter. Sosandar had a net margin of 0.84% and a return on equity of 2.09%.

Sosandar Trading Up 2.1%

SOS stock opened at GBX 9.70 on Friday. The firm has a market cap of £20.84 million, a P/E ratio of 69.29 and a beta of 1.58. The company’s 50-day simple moving average is GBX 11.87 and its 200-day simple moving average is GBX 9.98. The company has a quick ratio of 1.40, a current ratio of 2.77 and a debt-to-equity ratio of 19.66. Sosandar has a 52-week low of GBX 6 and a 52-week high of GBX 14.

Sosandar Company Profile

Sosandar is a womenswear brand, specifically targeted at a generation of women who have graduated from throwaway fashion and are looking for quality, affordable clothing with a premium, trend-led aesthetic. This is a section of the market that is currently being underserved.

Sosandar was launched in September 2016. The Sosandar business model is built around using trend-led, exclusive designs produced in-house and then manufactured using a variety of global suppliers. Sosandar caters for a growing market of fashion conscious women, while utilising an outsourced logistics provider that can support its planned growth over the coming years.