Online music retailer Gear4music have announced a significant increase in underlying profits, rising by a total of 192% for the full year. In addition to this revenue rose by 58% taking it to £56.1m, with much of the success being attributed to expansions in its international business interests especially in Sweden and Germany. Gear4music chief executive, Andrew Wass stated that, “This has been a transformational year for the business, with further expansion of the Gear4music brand driving record sales and profits.”