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 growth.
The company is targeting approximately $25m in revenue for FY26, while focusing on margin expansion through a lower cost base. Management aims to achieve the first EBITDA-positive quarter in Q2 FY26, supported by an integrated model across publishing and platforms.
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Author's summary: Vinyl Group accelerates towards profitability.
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