Key highlights

  • Vinyl Group (ASX:VNL) shares were priced at $0.030 as at 3:27 pm GMT+11 on 22 October 2026, down 14.29% on the day and down 62.50% over six months.
  • Its FY26 results, dated 31 August 2026, showed Revenue of $18.9 million, up 31%, and a Gross Profit Margin of 42.1%.
  • The company forecasts FY27 revenue of $38 million to $40 million and is targeting a cash positive run-rate in the first half of FY27.

Vinyl Group Ltd (ASX:VNL) shares were priced at $0.030 as at 3:27 pm GMT+11 on 22 October 2026, down 14.29% (down $0.0050) on the day, and the share performance data shows the stock down 62.50% over six months. Vinyl is an adaptive media and music technology company. In its FY26 results, dated 31 August 2026, it reported revenue growth, three acquisitions and a forecast for FY27.

About Vinyl Group Ltd: Business overview

Vinyl Group Ltd is a Melbourne-based adaptive media and music technology company. It combines premium publishing assets, audience reach, commerce, technology and data to sell integrated campaigns to advertisers. Following three acquisitions in the second half of FY26, its Vinyl Media Brand group reaches more than 50% of Australians online, according to Ipsos iris data cited in its release.

FY26 results (31 August 2026)

Vinyl reported FY26 revenue of $18.9 million, up 31% from $14.4 million, mainly from organic growth, and a gross profit margin of 42.1%, up from 38.8%. Underlying EBITDA was a loss of $7.1 million compared with a loss of $9.6 million, and the results table shows a net loss after tax of $8.6 million compared with $15.9 million (the highlights text refers to $8.8 million). One-off restructure and redundancy costs of $2.5 million were included.

The company said revenue growth was lower than expected because of softer media activity in the second half and the effect of its internal restructure on sales momentum, and that the restructure reduced ongoing annual Payroll costs by a further $1.4 million.

Acquisitions and FY27 outlook

The three second-half acquisitions were Val Morgan Digital (13 April 2026), Pedestrian Group (15 June 2026) and Time Out Australia (24 June 2026). The company reported a cash balance of $1.7 million at 31 August 2026 with expected cash receipts of $5.5 million to $6.5 million in the first quarter of FY27.

For FY27, Vinyl forecasts revenue of $38 million to $40 million based on a full year of contribution from acquisitions, continued organic growth and new monetisation opportunities, and is targeting a sustainable cash positive run-rate in the first half of FY27.

Related sector context

Media and technology companies are influenced by Advertising demand, audience reach, acquisitions and the pace at which new revenue converts to profit. Reporting centres on revenue, gross margin, underlying EBITDA, cash balances and forecasts, and small companies in the segment often fund growth through acquisitions and Capital raisings.

Risks to weigh in

Vinyl reported losses and a small cash balance relative to its cost base, and its forecasts depend on integrating three acquisitions, advertising Demand and conversion of audience scale to profit. Expected cash receipts and revenue forecasts may not be achieved. Very low-priced shares can move sharply on small volumes, and the data supplied shows a decline of 62.50% over six months.

Catalysts on watch

Quarterly Cash Flow reports and progress toward the cash positive run-rate in the first half of FY27.

Integration of Val Morgan Digital, Pedestrian and Time Out Australia.

Revenue against the FY27 forecast of $38–40 million and any capital raising.

Looking back and ahead

Vinyl’s share performance data shows a decline of more than 60% over six months and a further fall on the day, while its FY26 results describe higher revenue, a wider audience reach and a forecast for much larger FY27 revenue. Later quarterly reports will show how cash and revenue develop.