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Vinyl Group Ltd (ASX:VNL)

ALERT: Price-sensitive ASX Announcement for VNL
Current share price for VNL : $0.033 -0.017 (-34%)+
Announcement
Release
22 Jul 2026 8:44AM
Price at Release
$0.050
Full Release
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Summary
Vinyl Group Ltd announced its quarterly activities and cash flow for the quarter ending 30 June 2026, highlighting a quarterly revenue of $4.6M and cash receipts of $3.1M. The company completed significant acquisitions of Val Morgan Digital, Pedestrian Group, and Time Out Australia, contributing to a surplus net working capital of $4.1M. Despite a cash outflow from operations of $4.2M, Vinyl Group ended the quarter with cash and cash equivalents of $1.7M. The company expects an increase in customer receipts, targeting $7M+ in Q1 FY27 with a revenue forecast of $38M to $40M for FY27. The integration of these acquisitions aims to enhance cash generation, while platform reach has expanded to 55% of Australians online. Payments to related parties were recorded at $80,000.
Key Points
  • Vinyl Group Ltd reported a quarterly revenue of $4.6M with cash receipts of $3.1M affected by acquisition timing and media activity.
  • Three key acquisitions were completed: Val Morgan Digital, Pedestrian Group, and Time Out Australia.
  • The Group ended the quarter with a surplus net working capital of $4.1M.
  • Cash and cash equivalents totaled $1.7M at the end of the quarter.
  • The report noted a cash outflow from operations of $4.2M.
  • Vinyl Group expects stronger customer receipts and anticipates $7M+ in Q1 FY27.
  • The company aims for a revenue forecast of $38M to $40M for FY27.
  • Integration of acquisitions is ongoing, with expected improvements in cash generation.
  • Payments to related parties totaled approximately $80,000 for the quarter.
  • Vinyl Group's platform now reaches approximately 55% of Australians online.
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.