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Vinyl Group Ltd (ASX:VNL)

ALERT: Price-sensitive ASX Announcement for VNL
Current share price for VNL : $0.037 -0.023 (-38.33%)+
Announcement
Release
10 Jun 2026 9:32AM
Price at Release
$0.060
Full Release
download
Summary
The document outlines Vinyl Group Ltd's strategic acquisitions of Pedestrian Group and Time Out Australia, which are intended to expand the company's media footprint and reinforce its position as a leading acquirer of sub-scale publishers in Australia. The acquisitions, made from Nine Digital Pty Ltd and under a franchise agreement with Time Out England, are projected to positively contribute to EBITDA by FY27. Vinyl aims to increase its audience reach to 55% of Australians online, enhancing its relevance to advertisers. The presentation emphasizes a capital-efficient growth strategy and highlights the company's development of an AI-first approach to digital publishing, positioning itself as a pioneer in Adaptive Media with a comprehensive ecosystem of cultural assets.
Key Points
  • Acquisition of Pedestrian Group from Nine Digital Pty Ltd.
  • Acquisition of Time Out Australia with a franchise agreement with Time Out England.
  • Forecasted FY27 EBITDA contribution of $0.6m-$0.8m for Pedestrian Group.
  • Vinyl's audience reach expected to cover 55% of Australians online.
  • Advancement of an AI-first strategy in digital publishing.
  • Vinyl's Adaptive Media model integrates cultural assets and technology.
  • Forecast consolidated FY27 revenue of $37-$40 million.
  • Vinyl's first EBITDA-positive year anticipated in FY27 with $3.5 million.
  • Capital-efficient scaling and strategic acquisitions drive growth.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.