tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Vinyl Group Ltd Reports Revenue Surge Amid Continued Losses

Story Highlights
Vinyl Group Ltd Reports Revenue Surge Amid Continued Losses

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Jaxsta Limited ( (AU:VNL) ).

Vinyl Group Ltd reported a significant increase in revenues from ordinary activities, which rose by 189.77% to $14,403,220 for the year ending June 30, 2025. Despite this revenue growth, the company still faced a loss of $15,842,901, a slight improvement from the previous year’s loss. The company did not declare any dividends during this period. Additionally, Vinyl Group Ltd expanded its control over several entities, including Mediaweek, Funkified Entertainment Pty Ltd, Serenade Sound Limited, and Concrete Playground Pty Ltd, which may impact its market positioning and future operations.

More about Jaxsta Limited

Average Trading Volume: 535,960

Technical Sentiment Signal: Sell

Current Market Cap: A$122.5M

For a thorough assessment of VNL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1