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Associated equity: musicMagpie
Edison Investment Research has terminated coverage on musicMagpie (MMAG). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant. Previously published reports can still be accessed via our website.
musicMagpie — 2 videos in collection
musicMagpie is a circular economy pioneer in refurbished consumer technology and media, operating in the UK and the US through its proprietary technology platform. The company is expanding its offering to include rentals of smartphones and other technology to consumers and corporates, as well as widening its sourcing infrastructure.
In this interview, Steve Oliver, CEO and co-founder of musicMagpie, starts with an overview of the company’s performance in H123, noting the shift in positive momentum into Q2. He then discusses the various gross margin improvement initiatives: selling more through musicMagpie’s own site, buying more directly from consumers and continuing to grow the rental business. He explains how the enhanced ‘Buy Now Pay Later’ offer will provide greater choice for consumers, before concluding with musicMagpie’s outlook for H223.
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