Vinyl Group (ASX:VNL) disclosed record revenue of $18.8 million for FY26, up 31% year on year, as the company's chief executive addressed shareholders at its Annual General Meeting on 13 November 2026.

Key Points

  • Record FY26 revenue of $18.8 million, up 31% year on year, with growth primarily reflecting organic performance
  • Gross profit margin increased to 42.1%, up from 38.8% in FY25
  • Net loss after tax of $8.6 million, which the filing states improved by 46% from $15.8 million in FY25
  • One-off restructure and redundancy costs of $2.5 million were included in the net loss after tax, with restructure actions reducing ongoing annual payroll costs by a further $1.4 million
  • Three acquisitions completed in Q4 FY26: Val Morgan Digital (13 April), Pedestrian Group (15 June), and Time Out Australia (24 June)

FY26 Financial Results

According to the filing, Vinyl Group recorded revenue of $18.8 million for FY26, representing 31% growth year on year, with the increase primarily reflecting organic performance. Gross profit margin rose to 42.1% from 38.8% in FY25, which the filing attributes to improved operating leverage, described as in line with forecast. The net loss after tax of $8.6 million included one-off restructure and redundancy costs of $2.5 million. The filing states the net loss after tax improved by 46% from $15.8 million recorded in FY25. Restructure actions also reduced ongoing annual payroll costs by a further $1.4 million.

Q4 FY26 Acquisitions and Audience Reach

The company completed three strategic acquisitions during Q4 FY26. Val Morgan Digital was acquired on 13 April, Pedestrian Group on 15 June, and Time Out Australia on 24 June. The filing states that these acquisitions expanded the company's scale, audience reach, and commercial capability. According to the filing, Vinyl Media now reaches over 50% of Australians online, citing Ipsos iris data from June 2026, which represents a de-duplicated online audience reach across PC, laptop, smartphone, and tablet for Australians aged 14 and over, covering Vinyl Media, Val Morgan Digital, Pedestrian, and Time Out entities.

FY27 Forecast and Growth Drivers

The filing includes a forecast note stating that FY26 acquisitions were completed in Q4 and are expected to contribute materially from FY27. The filing specifies that forecast growth is predominantly driven by acquired revenue and mergers and acquisitions integration impact, not assumed organic growth. The company also disclosed that it ranked second among ASX-listed companies and 27th overall in the AFR Fast 100 for 2026, and ranked first among ASX-listed companies and second overall in the Deloitte Tech Fast 50 for 2025. The filing presents an estimated gross margin of 55% for the forecast period, compared to 42% in FY26.