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Vinyl Group Surges to Record Revenue and Cuts Costs Ahead of Profit Breakthrough
8:46am on Wednesday 15th of October, 2025 AEDT
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Media and Entertainment
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Vinyl Group Surges to Record Revenue and Cuts Costs Ahead of Profit Breakthrough
8:46am on Wednesday 15th of October, 2025 AEDT
Key Points
Record quarterly revenue of $4.9 million, up 37% quarter-on-quarter
Operating cash outflows reduced by 41% year-on-year
Equity conversion agreement with Songtradr to convert liabilities into equity
Funkified Entertainment on track to meet earn-out targets
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VINYL GROUP (ASX:VNL)
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