MusicMagpie FY profits fall despite record Black Friday sales

Despite all this the company still saw a 0.2% drop in revenues, from £145.6m to £145.3m. However, the company’s losses before tax decreased to £1.5m down from £14.8m in 2021

MusicMagpie has seen its profits fall by 14% from £44m to £38m in FY22 despite record sales on the week of Black Friday.

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