Vinyl Group Posts $14.4M Revenue, Eyes EBITDA Positive Quarter by Dec 2025
Vinyl Group Ltd reports a striking 190% revenue increase in FY25, driven by acquisitions and organic growth, while preparing for its first EBITDA positive quarter by December 2025.
- Revenue jumps to $14.4 million, up 190% from FY24
- Vinyl Media launched, boosting multi-platform views by nearly 250%
- Technology platforms grow organically by 83%, supporting music ecosystem
- Debt of $8.9 million converted to equity, strengthening balance sheet
- AI-driven publishing tools under development to expand global revenue
A Year of Transformative Growth
Vinyl Group Ltd (ASX, VNL), Australia’s sole ASX-listed music company, has unveiled a remarkable financial performance for the year ended June 30, 2025. The company’s revenue surged 190% to $14.4 million, propelled by a strategic combination of acquisitions and organic expansion across its media and technology divisions. This leap reflects Vinyl’s ambition to redefine the music and entertainment landscape through an integrated business model.
Central to this growth was the launch of Vinyl Media in February 2025, which consolidated premium cultural titles such as Rolling Stone AU/NZ, Refinery29, and Concrete Playground. This initiative has driven a nearly 250% increase in multi-platform views, underpinned by editorial investments, flagship events, and partnerships with high-profile brands like Burberry and NRMA Insurance. Vinyl Media’s expanded reach now offers advertisers an unmatched platform targeting youth and entertainment audiences.
Technology Fuels Organic Expansion
Alongside media, Vinyl’s technology platforms recorded an 83% organic revenue increase to $3.3 million. These platforms underpin the company’s ecosystem, encompassing the Vampr creator network, Jaxsta’s music credit database, Vinyl.com’s e-commerce storefront, and Serenade’s digital collectibles. This integrated tech stack not only supports content distribution but also enhances advertising and commerce yields across the group.
Looking ahead, Vinyl is developing a suite of AI-driven publishing tools designed to amplify content production and support editorial teams. These innovations aim to unlock new revenue streams through content syndication and international licensing, while lowering customer acquisition costs and improving operating margins.
Financial Discipline Amid Expansion
Despite the impressive revenue growth, Vinyl reported an underlying EBITDA loss of $10 million, widening from $6.3 million the previous year. This increase primarily reflects the higher cost base associated with recent acquisitions and integration efforts. However, the company has strengthened its balance sheet by converting $8.9 million of debt into equity, reducing financial liabilities and enhancing capital flexibility.
Cash available for working capital stands at $3.3 million, combining cash reserves and a working capital facility. The management’s focus on disciplined cost control and operational restructuring aims to drive revenue and cost synergies, setting the stage for scalable and profitable operations.
Outlook, Toward Profitability and Global Scale
Vinyl Group enters FY26 with a clear target of approximately $25 million in revenue and an expectation to achieve its first EBITDA positive quarter by December 2025. The full-year contribution from recent acquisitions and organic growth in technology platforms underpin this optimism. The company’s strategy emphasizes responsible capital management and operational efficiency as prerequisites for accelerated scalability.
With its unique blend of media and technology assets, coupled with AI innovation, Vinyl is positioning itself as a next-generation music and entertainment company with global ambitions. The coming months will be critical in demonstrating the profitability and sustainability of this integrated model.
Bottom Line?
Vinyl Group’s FY26 will test whether its bold AI and acquisition-driven strategy can translate into sustained profitability and global growth.
Questions in the middle?
- How quickly will Vinyl’s AI-driven publishing tools contribute to new revenue streams?
- What are the risks and costs associated with integrating multiple acquisitions?
- Can Vinyl sustain disciplined cost control while scaling operations globally?