Vinyl Group Accelerates Toward Profitability
Vinyl Group (ASX:VNL) has reported a significant increase in revenue, with FY25 revenue up 190% to $14.4m and a record Q1 FY26 of $4.9m, representing a 37% quarter-over-quarter increase.
The company is targeting approximately $25m in FY26, while focusing on margin expansion through a structurally lower cost base. Management aims to achieve the first EBITDA-positive quarter in Q2 FY26, supported by a tightly integrated model across publishing and platforms.
Sequoia Financial Media provides news, information, analysis, and commentary which is general in nature and not financial or investment advice.
Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
Author's summary: Vinyl Group accelerates towards profitability with surging revenue.
- Revenue in FY25: $14.4m, up 190%
- Q1 FY26 revenue: $4.9m, up 37% QoQ
- Target revenue for FY26: approximately $25m