tiprankstipranks
Trending News
More News >
Jaxsta Limited (AU:VNL)
ASX:VNL

Jaxsta Limited (VNL) AI Stock Analysis

Compare
2 Followers

Top Page

AU:VNL

Jaxsta Limited

(Sydney:VNL)

Select Model
Select Model
Select Model
Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
AU$0.08
â–Ľ(-10.00% Downside)
Action:N/ADate:01/04/26
The score is held back primarily by weak financial performance—deep losses and worsening negative free cash flow despite strong revenue growth and improving gross margin. Technicals add modest pressure with price below major moving averages and a negative MACD. Valuation is also constrained because the negative P/E reflects ongoing unprofitability and there is no dividend yield support.

Jaxsta Limited (VNL) vs. iShares MSCI Australia ETF (EWA)

Jaxsta Limited Business Overview & Revenue Model

Company DescriptionVinyl Group Ltd, together with its subsidiaries, focuses on delivering technology and media solutions that connect music creators, fans and brands in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates vinyl.com, an e-commerce platform with music titles; Vampr, a social-professional network and talent marketplace with creators; Serenade, a Web3 pioneer in physical and digital artists collectibles; and Jaxsta, a database of official music credits. It offers Vinyl Media that operates as a media arm and publisher of titles, including Rolling Stone Australia, Variety Australia, Concrete Playground, Mediaweek, Tone Deaf, The Music Network, Refinery29, and TheBrag.com. The company was formerly known as Jaxsta Limited and changed its name to Vinyl Group Ltd in December 2023. Vinyl Group Ltd is based in South Yarra, Australia.
How the Company Makes Money

Jaxsta Limited Financial Statement Overview

Summary
Despite very strong recent revenue growth and improved gross margin (~39%), the company remains deeply unprofitable (net margin around -110%) and free cash flow is consistently negative with a larger outflow in 2025, indicating elevated cash-burn risk. A low-leverage balance sheet helps but does not offset weak profitability and cash generation.
Income Statement
22
Negative
Revenue growth is very strong in the latest annual period (2025 revenue up sharply versus 2024), and gross margin improved to ~39% (from ~35% in 2024). However, profitability remains weak: the company is still deeply loss-making with negative operating and net margins (2025 net margin around -110%), indicating costs continue to materially exceed revenue despite the top-line rebound.
Balance Sheet
64
Positive
The balance sheet shows low leverage in the most recent year, with minimal debt relative to equity (debt-to-equity near zero in 2025) and a sizable equity base versus total assets. The key weakness is persistent losses driving very negative returns on equity, which can pressure equity quality over time if losses continue.
Cash Flow
14
Very Negative
Cash generation is a major concern: operating cash flow is reported at zero across periods and free cash flow is consistently negative, with a large outflow in 2025 that worsened versus 2024. This implies ongoing cash burn and a continued need for external funding or materially improved operating performance to sustain operations.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue14.40M4.97M582.21K104.94K
Gross Profit5.59M1.72M541.63K103.75K
EBITDA-13.95M-16.47M-6.13M-5.94M
Net Income-15.84M-17.06M-7.15M-6.20M
Balance Sheet
Total Assets23.22M19.22M9.42M4.58M
Cash, Cash Equivalents and Short-Term Investments1.86M4.13M2.97M3.12M
Total Debt74.17K111.32K2.11M966.71K
Total Liabilities5.15M10.74M7.57M4.48M
Stockholders Equity18.07M8.46M1.87M594.28K
Cash Flow
Free Cash Flow-8.97M-4.52M-3.23M-5.54M
Operating Cash Flow0.000.000.000.00
Investing Cash Flow-5.77M-7.88M-50.00K-27.32K
Financing Cash Flow12.40M13.57M3.07M5.20M

Jaxsta Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
59
Neutral
AU$115.68M22.355.84%―10.40%-32.96%
47
Neutral
AU$104.72M-40.24――44.80%7.69%
46
Neutral
AU$412.91M-25.10-89.84%―127.89%-107.34%
44
Neutral
AU$123.70M-9.67-130.94%―――
43
Neutral
AU$106.64M-14.08-140.76%―-41.24%75.68%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:VNL
Jaxsta Limited
0.09
-0.02
-15.24%
IREHF
Integrated Research Limited
0.21
-0.02
-9.05%
AU:IOD
IODM Ltd.
0.17
0.02
10.00%
AU:HPG
hipages Group Holdings Ltd.
0.85
-0.17
-16.34%
AU:YOJ
Yojee Ltd.
0.30
0.14
87.50%
AU:EIQ
EchoIQ Limited
0.63
0.37
137.74%

Jaxsta Limited Corporate Events

Vinyl Group lifts revenue 49% and narrows loss on leaner cost base
Feb 27, 2026

Vinyl Group reported a 49% jump in first-half FY26 revenue to $11.4 million, driven by strong growth across its publishing arm and platforms business, including record sales at Vinyl.com and contributions from events. Operating expenses fell and gross margin improved as the company embedded AI into its platforms and processes, helping to narrow its net loss after tax to $3.1 million and deliver its first operating cash flow positive quarter.

The company reiterated full-year FY26 revenue guidance of $22 million to $25 million and highlighted a structurally lower cost base as it integrates four FY25 acquisitions and pursues selective, accretive deals to expand audience reach. Management said the business is building an integrated advertising model around premium cultural assets and technology, aiming to accelerate earnings and cash flow generation while maintaining operating discipline through seasonally weaker trading in the third quarter.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Narrows Losses on Revenue Surge but Faces Going-Concern Uncertainty
Feb 27, 2026

Vinyl Group Ltd reported a 49.23% increase in revenue from ordinary activities to $11.38 million for the half year ended 31 December 2025, while other income and interest revenue were essentially flat at $36,600. Despite the strong top-line growth, the company recorded a net loss after tax of $3.08 million, though this was a significant improvement from the $6.92 million loss a year earlier.

The board confirmed that no dividends were paid, recommended or declared for the current or prior half year, underscoring the company’s focus on reinvestment and capital preservation. The interim review by auditors is expected to highlight a material uncertainty related to going concern, signalling ongoing financial and funding risks even as operating performance trends improve.

Net tangible assets per ordinary security fell to zero cents from one cent, reflecting balance sheet pressure and limited tangible backing for shareholders’ equity. These metrics suggest that while Vinyl Group is narrowing its losses on the back of rising revenue, the company remains in a financially fragile position, with stakeholders needing to weigh the improving income statement against persistent solvency concerns.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Turns Cash-Flow Positive on Record Quarterly Receipts
Jan 19, 2026

Vinyl Group reported a record $7.2 million in cash receipts for the December 2025 quarter, up 80% quarter-on-quarter and 36% year-on-year, driven by strong seasonal sales through Vinyl.com and heightened marketing event activity. The company delivered its first operating cash flow positive quarter with net operating inflows of $305,000, underpinned by a structurally lower fixed cost base despite higher variable costs of goods sold linked to growth in its e-commerce and events operations. Management highlighted a substantial improvement in operating cash flow for the first half of FY26 compared with the prior year and reaffirmed its focus on disciplined execution, working capital efficiency and accretive acquisitions, updating revenue guidance to a range of $22 million to $25 million for FY26 as it seeks to accelerate profitability and strengthen its leadership in music and youth culture markets.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Issues 3 Million Unquoted Options Under Employee Scheme
Jan 16, 2026

Vinyl Group Ltd has notified the market of the issue of 3,000,000 unquoted options, exercisable at $0.129 and expiring on 21 April 2026, under an employee incentive scheme. The move strengthens the company’s equity-based remuneration structure, aligning staff incentives with shareholder value and signalling a continued focus on retaining and motivating key personnel during its ongoing growth in the competitive music and entertainment technology space.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Issues 4 Million Unquoted Options to Expand Future Equity Base
Jan 16, 2026

Vinyl Group Ltd has notified the market of the issue of new unquoted options as part of its capital management activities. The company will issue 2 million options exercisable at $0.098 expiring on 10 January 2027 and a further 2 million options exercisable at $0.010 expiring on 10 February 2027, potentially expanding its future equity base and providing additional incentive or funding flexibility once exercised.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Issues 41.4 Million Unquoted Options Expiring in 2029
Jan 16, 2026

Vinyl Group Ltd has notified the market of the issue of 41.4 million unquoted options, exercisable at zero dollars and expiring on 6 December 2029. The substantial grant of options, dated 9 December 2024, increases the company’s pool of equity-linked securities and may be tied to incentives or strategic arrangements, potentially altering future dilution outcomes and aligning stakeholders with longer-term company performance.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Issues 5 Million Unquoted Options Expiring in 2031
Jan 16, 2026

Vinyl Group Ltd has notified the market of the issuance of 5 million unquoted options, each exercisable at A$0.20 and expiring on 6 December 2031. The move, disclosed via an Appendix 3G filing, signals a fresh round of equity-linked incentives or financing that may affect the company’s capital structure over the long term and could have implications for existing shareholders depending on how and when the options are exercised.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Issues 3.6 Million Unquoted Employee Options Expiring 2026
Jan 16, 2026

Vinyl Group Ltd has notified the ASX of the issue of 3.6 million unquoted options expiring on 3 June 2026 with a zero exercise price, granted under an employee incentive scheme and not intended to be quoted on the exchange. The move signals the company’s continued use of equity-based remuneration to attract and retain key staff, potentially aligning management and employee incentives with long-term shareholder value but also introducing incremental dilution for existing investors as these options vest and are exercised.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Issues 500,000 Unquoted Options Under Employee Incentive Scheme
Jan 16, 2026

Vinyl Group Ltd has notified the market of the issue of 500,000 unquoted options under its employee incentive scheme, each exercisable at A$0.1541 and expiring on 3 June 2026. The new options, which are not intended to be quoted on the ASX, form part of the company’s ongoing use of equity-based remuneration to retain and incentivise staff, modestly increasing its pool of potential future shares and aligning employee interests with long-term shareholder value.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Issues 1.1 Million Unquoted Options Under Employee Incentive Scheme
Jan 16, 2026

Vinyl Group Ltd has notified the market of the issue of 1.1 million unquoted options, exercisable at $0.048 and expiring on 3 November 2028, under its employee incentive scheme. The move underscores the company’s use of equity-based remuneration to align staff incentives with long-term shareholder value, potentially aiding talent retention and supporting execution of its growth strategy without immediate cash outlay, though it introduces the prospect of future share dilution if the options are exercised.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Issues 3 Million Long-Dated Unquoted Options
Jan 16, 2026

Vinyl Group Ltd has notified the market of the issue of 3,000,000 unquoted options exercisable at $0.05 and expiring on 31 May 2033, with an issue date recorded as 1 June 2023. The creation of this new class of long-dated options expands the company’s pool of equity-linked instruments, which may be used for incentive arrangements or future funding flexibility and could have implications for shareholder dilution and capital structure over time.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Issues 7 Million Unquoted Options Expiring in 2029
Jan 16, 2026

Vinyl Group Ltd, listed on the ASX under the code VNL, has notified the market of the issuance of new unquoted options as part of its capital structure management. The company is creating 7 million unquoted options exercisable at $0.082 and expiring on 29 November 2029, a move that could lead to future equity dilution but also signals an incentive or funding mechanism that may support its long‑term strategic and financial objectives once exercised.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Issues 1 Million Unquoted Options Under Employee Incentive Scheme
Jan 16, 2026

Vinyl Group Ltd has notified the market of the issue of 1,000,000 unquoted options under an employee incentive scheme, with an exercise price of $0.083 and an expiry date of 4 March 2026, issued on 5 March 2024. The grant of these unquoted options, which are not intended to be quoted on the ASX, underscores the company’s use of equity-based incentives to retain and motivate staff, potentially aligning employee interests with shareholders and affecting future dilution if the options are exercised.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Moves to Rectify Historic ASX Option Disclosure Lapses
Jan 16, 2026

Vinyl Group Ltd has disclosed that historical administrative errors led to certain unquoted option issues being incorrectly notified to the ASX on Appendix 3B forms instead of the required Appendix 3G, which in turn impeded timely cancellation of some options and resulted in breaches of ASX Listing Rules relating to convertible securities and employee incentive schemes. The company is now lodging the correct Appendix 3G notifications to regularise approximately 101.1 million unquoted options currently on issue, emphasises that all options have nevertheless been accurately reflected in its annual and periodic reports, and highlights the appointment of specialist governance firm cdPlus Corporate Services as company secretary as evidence that its strengthened corporate governance framework is functioning adequately and should prevent similar compliance lapses in future.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Seeks Quotation of 5.8 Million New Shares on ASX
Jan 8, 2026

Vinyl Group Ltd, listed on the ASX under the code VNL, has applied for quotation of 5,783,021 new fully paid ordinary shares, issued on 7 January 2026, under the ASX Appendix 2A process. The additional securities, linked to a previously announced transaction, will increase the company’s quoted share capital, potentially affecting existing shareholders’ dilution and enhancing the company’s capacity to fund its strategic and operational activities through the equity markets.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group’s Funkified Unit Smashes Earn-Out, Underscoring Acquisition Strategy
Jan 6, 2026

Vinyl Group’s media events subsidiary Funkified Entertainment has exceeded its CY25 earn-out target, delivering 155% of the AUD 500,000 EBIT threshold agreed at acquisition, driven by strong performance in end-to-end events and brand activations, including large-scale experiential and automotive programs in late 2025. The earn-out will be settled through AUD 500,000 in Vinyl Group shares, subject to 12 months’ escrow, and the result is being positioned by management as evidence that the group’s vertical acquisition strategy—focused on integrating profitable, complementary businesses—can translate into higher margins, enhanced capabilities and scalable earnings growth for shareholders.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

Vinyl Group Boosts Director Equity Stake with 30 Million New Options
Dec 19, 2025

Vinyl Group Limited has disclosed a change in director Joshua Simons’ interests, with Simons being granted 30 million additional unlisted options in the company at no cash consideration following shareholder approval at the 28 November 2025 annual general meeting. The issue lifts Simons’ holdings to 972 fully paid ordinary shares in his own name, 24,502,514 fully paid ordinary shares held via Guildford Holdings (Aust) Pty Ltd as trustee for the Simons Family Account, and a total of 50 million unlisted options, signalling an increased equity-based incentive that further aligns the director’s interests with those of shareholders.

Vinyl Group Issues 30 Million Unquoted Options Expiring 2032
Dec 19, 2025

Vinyl Group Ltd has notified the market that it will issue 30 million unquoted options, exercisable at $0.01 and expiring on 28 November 2032. The new options, which are part of a previously flagged transaction and will not be quoted on the ASX, represent a fresh equity-based incentive or funding mechanism that may lead to future dilution for existing shareholders if exercised, while potentially aligning recipients’ interests with the company’s long‑term performance.

Vinyl Group Ltd Announces Quotation of New Securities on ASX
Dec 9, 2025

Vinyl Group Ltd has announced the application for quotation of 1,692,105 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code VNL. This move is part of a previously announced transaction and is set to enhance the company’s market presence and liquidity, potentially impacting its stakeholders positively by increasing the availability of its shares in the market.

Vinyl Group Ltd Completes Significant Share Issuance
Dec 8, 2025

Vinyl Group Ltd has completed the issuance of 22,459,742 fully paid ordinary shares, with the majority allocated to Songtradr Inc following an equity conversion and shareholder approval. This strategic move is likely to enhance the company’s financial standing and operational capabilities, potentially strengthening its market position in the music and technology sectors.

Vinyl Group Ltd Announces Quotation of New Securities on ASX
Dec 8, 2025

Vinyl Group Ltd has announced the quotation of 19,959,742 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of December 8, 2025. This move is part of a previously announced transaction, potentially impacting the company’s market presence and offering stakeholders an opportunity to engage with its securities.

Vinyl Group Ltd Announces New Securities Quotation
Dec 8, 2025

Vinyl Group Ltd has announced a new issuance of 2,500,000 ordinary fully paid securities to be quoted on the ASX, with an issue date of December 8, 2025. This move is part of previously announced transactions and reflects the company’s ongoing efforts to expand its market presence and enhance its financial standing, potentially impacting its stakeholders and market positioning.

Vinyl Group to Release Shares from Escrow Following Funkified Acquisition
Dec 2, 2025

Vinyl Group Ltd announced the release of 1,692,105 fully paid ordinary shares from escrow on December 9, 2025, following the acquisition of Funkified Entertainment Pty Ltd. This move is in line with ASX Listing Rule 3.10A, and the company will apply for quotation of these shares. The release of these shares marks a significant step in the integration of Funkified Entertainment, potentially enhancing Vinyl Group’s market position and offering stakeholders new opportunities for growth.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 04, 2026