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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest update is out from Jaxsta Limited ( (AU:VNL) ).
Vinyl Group Ltd, operating in the media, music, and technology sectors, has reported a significant increase in cash receipts by 17% quarter-on-quarter to $3.786 million, driven by sales from Concrete Playground and Vampr. The company has also achieved a 47% reduction in operating cash outflow, indicating improved financial health and operational efficiency. With a strong growth trajectory, Vinyl Group aims for cash-flow breakeven in Q2 FY26, focusing on scalable profitability through consistent revenue growth and operating efficiencies.
More about Jaxsta Limited
Average Trading Volume: 886,918
Technical Sentiment Signal: Buy
Current Market Cap: A$154.9M
Learn more about VNL stock on TipRanks’ Stock Analysis page.