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Vinyl Group delivered record Q1 FY27 revenue of A$6.33 million and entered the December quarter with record bookings, but ended September with only A$777,000 in cash and 0.45 quarters of reported funding. The company has increased chairman Ken Gaunt’s unsecured facility by A$2 million while it works to collect more than A$5 million in receivables.

Vinyl Group grew FY26 revenue by 31% and nearly halved its net loss, but auditors flagged a material uncertainty over the company’s ability to continue as a going concern. The ASX-listed media group is now relying on acquisition-led growth, higher margins and possible future funding to reach profitability.