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Vinyl Group Boosts Digital Reach with $10.5M Val Morgan Acquisition, Eyes EBITDA Positive Run-Rate
10:00am on Friday 24th of April, 2026 AEST
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Vinyl Group Boosts Digital Reach with $10.5M Val Morgan Acquisition, Eyes EBITDA Positive Run-Rate
10:00am on Friday 24th of April, 2026 AEST
Key Points
Q3 cash receipts rose 24% to $4 million in weakest seasonal quarter
Completed $10.5 million acquisition of Val Morgan Digital, expanding audience reach
Operating cash outflow improved 19% to $2.7 million
Revised EBITDA positive guidance delayed to 1H FY27 due to acquisition timing
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Vinyl (ASX:VNL)
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