Jaxsta Limited ( (AU:VNL) ) has issued an announcement.
Vinyl Group Ltd, operating under the ASX ticker VNL, has made significant strides in its growth and operational structure in the third quarter of FY25. The company completed a $7.2 million ANREO to strengthen its balance sheet and fund acquisitions, including the integration of Concrete Playground into Vinyl Media. Vinyl Media was officially launched, consolidating several media brands and securing a commercial agreement with Genius, while Mediaweek achieved top trade media readership in Australia. The company restructured into two divisions, Vinyl Media and a technology/e-commerce group, to enhance resource management and accountability. Innovations continued with new tools and product ideas, and the company received several recognitions and awards. Notably, Jaxsta posted its best revenue month of the year in March.
More about Jaxsta Limited
Average Trading Volume: 20,557
Technical Sentiment Signal: Hold
Current Market Cap: $79.16M
Learn more about VNL stock on TipRanks’ Stock Analysis page.