Red Leaf Securities

Our big picture vision at @VNLASX Group is to build and scale a tech-enabled media company, which provides engaging and relevant content for consumers, and a strong value proposition for advertisers. FY26 was a year of scaling and reshaping Vinyl Group for the next phase. Revenue grew 31% to $18.9m, primarily through organic growth, gross profit margin increased to 42.1% in line with forecast, and net loss was almost halved year-on-year. We also completed the acquisitions of Val Morgan Digital, Pedestrian Group and Time Out Australia, taking Vinyl Media’s reach to more than 50% of Australians online. We enter FY27 with a stronger platform, a lower ongoing cost base and a clear pathway to profitability. For FY27, we are forecasting revenue of $38m to $40m and targeting a sustainable cash-positive run-rate by the end of 1H. The next phase is about turning that scale into revenue: deeper agency access, new products and trading models powered by programmatic, automation and AI, more premium video, branded content and creator inventory, and accelerating our direct-to-client business. Read the full update 👉 investors.vinyl.group/announ…

Big day for @VNLASX. We’ve acquired the Val Morgan Digital publishing assets, including the ANZ licences for BuzzFeed, LADbible, Vox and Fandom, expanding our national audience reach to digital scale comparable with Australia’s largest media organisations. This is a major step forward in building Adaptive Media in Australia, combining premium cultural assets, technology and distribution into one integrated ecosystem. Val Morgan and its parent HOYTS have built exceptional advertising businesses over decades, and this transaction also establishes an ongoing cooperation agreement between our organisations across cinema, outdoor and digital networks. I’m genuinely pleased to welcome HOYTS Group CEO & President Damian Keogh to the Vinyl Group Board. The work starts now.