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An update from Jaxsta Limited ( (AU:VNL) ) is now available.
Vinyl Group Ltd reported a significant increase in revenue, up 770.2% to $7.6 million for the half-year ending December 2024, despite a 44.6% increase in losses to $6.9 million. The company did not declare any dividends and highlighted a material uncertainty related to its going concern, as noted in the auditor’s review.
More about Jaxsta Limited
Vinyl Group Ltd operates in the entertainment industry, focusing on media and sound assets. The company has recently expanded its portfolio by acquiring assets from Mediaweek, Funkified Entertainment Pty Ltd, and Serenade Sound Limited.
YTD Price Performance: 10.0%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $104.7M
Learn more about VNL stock on TipRanks’ Stock Analysis page.