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The latest update is out from Jaxsta Limited ( (AU:VNL) ).
Vinyl Group Ltd has announced significant changes to its board, with Mr. Ken Gaunt appointed as the new Chair, following Ms. Linda Jenkinson’s decision to step down to focus on her role at Vast Holdings, Inc. The company has undergone a substantial transformation, expanding its revenue streams and positioning itself for profitability within the next year. The departure of board members Mr. Steve Gledden and Mr. Ben Katovsky marks the completion of a transformation plan that has strengthened Vinyl Group’s commercial base and set the stage for sustainable growth.
More about Jaxsta Limited
Vinyl Group Ltd is an Australian ASX-listed company operating in the music and media sectors. It provides tech and media solutions that connect music creators, fans, and brands through a diverse portfolio. This includes platforms like Vinyl.com, Vampr, Jaxsta, and Serenade, as well as a publishing arm that manages various media outlets and licenses well-known mastheads in Australia.
Average Trading Volume: 899,307
Technical Sentiment Signal: Hold
Current Market Cap: A$141.4M
Learn more about VNL stock on TipRanks’ Stock Analysis page.