Board Change • May 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Damian Keogh was the last director to join the board, commencing their role in 2026. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Apr 13
Vinyl Group Ltd (ASX:VNL) completed the acquisition of assets of Val Morgan Digital from Val Morgan & Co. (Aust.) Pty. Ltd. Vinyl Group Ltd (ASX:VNL) entered into a binding Asset Sale Agreement to acquire assets of Val Morgan Digital from Val Morgan & Co. (Aust.) Pty. Ltd. for AUD 10.5 million on March 2, 2026. Under the Asset Sale Agreement, Vinyl Group will acquire the assets of Val Morgan Digital for a total consideration of AUD 10.5 million, comprising AUD 7 million in cash and AUD 3.5 million in VNL shares valued at the fifteen day Volume Weighted Average Price for the period ending the day prior to the date of this Agreement. These shares will be subject to a twenty-four month escrow from the date of issue. The Company will fund the transaction through a facility of up to $10 million provided by existing shareholders to fund the cash consideration and additional working capital. Damian Keogh to join the board following completion of the transaction.
For the period ending December 31, 2025, assets of Val Morgan Digital reported total revenue of AUD 10.7 million. The transaction is subject to the satisfaction of customary conditions precedent. Completion of the transaction is expected to occur in one month. The transaction will be financed through loan facility of AUD 7 million and closing is expected to occur shortly.
Vinyl Group Ltd (ASX:VNL) completed the acquisition of assets of Val Morgan Digital from Val Morgan & Co. (Aust.) Pty. Ltd. on April 13, 2026 Board Change • Dec 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Linda Jenkinson was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Oct 03
Vinyl Group Ltd, Annual General Meeting, Nov 28, 2025 Vinyl Group Ltd, Annual General Meeting, Nov 28, 2025. Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.013 loss per share (vs AU$0.025 loss in FY 2024) Full year 2025 results: AU$0.013 loss per share (improved from AU$0.025 loss in FY 2024). Revenue: AU$14.8m (up 195% from FY 2024). Net loss: AU$15.8m (loss narrowed 6.2% from FY 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Aug 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Executive Director Josh Simons was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Jul 11
Vinyl Group Ltd Announces Board Changes Vinyl Group Ltd. announces that Mr. Ken Gaunt has been appointed Chair, with Ms Linda Jenkinson continuing as non-executive Director. Additionally, Mr. Steve Gledden and Mr. Ben Katovsky will be stepping down from the Board of Directors with immediate effect. Mr. Gaunt, a founding investor and current Non-Executive Director, has been appointed Chair with immediate effect, following Ms Jenkinson's decision to step down as Chair, to dedicate more time to her new role as Chair & CEO of US-based bank, Vast Holdings Inc. Ms Jenkinson will remain on the Board ensuring a smooth transition and continuity of both experience and independence for Vinyl shareholders and management. Mr. Gledden and Mr. Katovsky were nominated to the Board by Songtradr in April 2022 as part of a broader transformation plan launched in connection with a convertible note agreement entered into between Songtradr and Vinyl Group. Their appointments formed a key element of the governance and strategic initiatives tied to that agreement, during a period when the company faced structural and financial challenges. Board Change • Feb 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Ken Gaunt was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Ken Gaunt was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Dec 17
Vinyl Group Ltd has filed a Follow-on Equity Offering in the amount of AUD 7.6 million. Vinyl Group Ltd has filed a Follow-on Equity Offering in the amount of AUD 7.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 33,000,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 43,000,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Transaction Features: Rights Offering Anuncio • Dec 12
Vinyl Group Ltd (ASX:VNL) signed a binding heads of agreement to acquire Concrete Playground Pty Ltd from Rich Fogarty. Vinyl Group Ltd (ASX:VNL) signed a binding heads of agreement to acquire Concrete Playground Pty Ltd from Rich Fogarty on December 12, 2024. A cash consideration of AUD 3.5 million will be paid by Vinyl Group Ltd. The consideration consists of 12.68 million common equity of Vinyl Group Ltd to be issued for common equity of Concrete Playground Pty Ltd. As part of consideration, AUD 3.5 million is paid towards common equity of Concrete Playground Pty Ltd.
The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation, definitive agreement and subject to shareholder approval. Anuncio • Dec 10
Vinyl Group Ltd (ASX:VNL) completed the acquisition of Funkified Entertainment Pty Ltd. Vinyl Group Ltd (ASX:VNL) entered into a heads of agreement to acquire Funkified Entertainment Pty Ltd. for AUD 2.5 million on September 26, 2024. Vinyl Group will acquire 100% of the issued capital in Funkified Entertainment Pty Ltd in exchange for AUD 1.8 million in cash and AUD 0.2 million in shares valued at the fifteen (15) day Volume Weighted Average Price (VWAP) of Vinyl Group shares on the ASX for the period immediately preceding the completion Date. These shares will be subject to a twelve (12) month escrow from the date of issue. The cash portion will be paid in two equal tranches of AUD 0.65 million, the first at the Completion Date and the second no later than six months after the Completion Date, with a further AUD 0.5 million deposited into an escrow account as security for 12 months from the Completion Date. A further AUD 0.5 million in Vinyl Group shares will be paid to the shareholders of Funkified, contingent on Funkified achieving a minimum Earnings Before Interest and Taxes (EBIT) target of AUD 0.5 million in the 12 months following the completion Date. These shares will also be subject to the above escrow conditions and valued at the fifteen (15) day Volume Weighted Average Price (VWAP) of Vinyl Group shares on the ASX for the period immediately preceding issue. Upon completion, Funkified Founder & CEO Gus Stephenson will enter into a full-time employment agreement with Vinyl Group to lead Funkified to achieve its performance goals. To incentivize performance, Stephenson will receive five million options upon commencing employment with Vinyl Group, vesting in four equal tranches following each subsequent anniversary of his employment and provided his ongoing employment during this Term. These options will have a seven-year term and will have an exercise price to be agreed between the Vinyl Group Ltd and Stephenson prior to issue of the Options.
For the period ending June 30, 2024, Funkified Entertainment Pty Ltd. reported total revenue of AUD 4.03 million and EBITDA of AUD 0.43 million.
The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation and subject to shareholder approval. The expected completion of the transaction is expected by no later than December 31, 2024.
Vinyl Group Ltd (ASX:VNL) completed the acquisition of Funkified Entertainment Pty Ltd. on December 9, 2024. Anuncio • Dec 09
Vinyl Group Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.5 million. Vinyl Group Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,230,118
Price\Range: AUD 0.1182
Transaction Features: Subsequent Direct Listing Anuncio • Oct 24
Vinyl Group Ltd, Annual General Meeting, Nov 29, 2024 Vinyl Group Ltd, Annual General Meeting, Nov 29, 2024. Location: the commons at 11 wilson st, south yarra vic 3141, Australia Reported Earnings • Oct 03
Full year 2024 earnings released: AU$0.025 loss per share (vs AU$0.035 loss in FY 2023) Full year 2024 results: AU$0.025 loss per share. Revenue: AU$5.01m (up AU$4.39m from FY 2023). Net loss: AU$16.9m (loss widened 35% from FY 2023). Anuncio • Sep 26
Vinyl Group Ltd (ASX:VNL) signed a letter of intent to acquire Funkified Entertainment Pty Ltd. for AUD 2.5 million. Vinyl Group Ltd (ASX:VNL) entered into a heads of agreement to acquire Funkified Entertainment Pty Ltd. for AUD 2.5 million on September 26, 2024. Vinyl Group will acquire 100% of the issued capital in Funkified Entertainment Pty Ltd in exchange for AUD 1.8 million in cash and AUD 0.2 million in shares valued at the fifteen (15) day Volume Weighted Average Price (VWAP) of Vinyl Group shares on the ASX for the period immediately preceding the completion Date. These shares will be subject to a twelve (12) month escrow from the date of issue. The cash portion will be paid in two equal tranches of AUD 0.65 million, the first at the Completion Date and the second no later than six months after the Completion Date, with a further AUD 0.5 million deposited into an escrow account as security for 12 months from the Completion Date. A further AUD 0.5 million in Vinyl Group shares will be paid to the shareholders of Funkified, contingent on Funkified achieving a minimum Earnings Before Interest and Taxes (EBIT) target of AUD 0.5 million in the 12 months following the completion Date. These shares will also be subject to the above escrow conditions and valued at the fifteen (15) day Volume Weighted Average Price (VWAP) of Vinyl Group shares on the ASX for the period immediately preceding issue. Upon completion, Funkified Founder & CEO Gus Stephenson will enter into a full-time employment agreement with Vinyl Group to lead Funkified to achieve its performance goals. To incentivize performance, Stephenson will receive five million options upon commencing employment with Vinyl Group, vesting in four equal tranches following each subsequent anniversary of his employment and provided his ongoing employment during this Term. These options will have a seven-year term and will have an exercise price to be agreed between the Purchaser and Stephenson prior to issue of the Options.
For the period ending June 30, 2024, Funkified Entertainment Pty Ltd. reported total revenue of AUD 4.03 million and EBITDA of AUD 0.43 million.
The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation and subject to shareholder approval. The expected completion of the transaction is expected by no later than December 31, 2024. Anuncio • Sep 05
Vinyl Group Ltd (ASX:VNL) completed the acquisition of Mediaweek from Chattr Pty Ltd for AUD 1 million. Vinyl Group Ltd (ASX:VNL) signed binding Heads of Agreement to acquire Mediaweek from Chattr Pty Ltd for AUD 1 million on August 13, 2024. A cash consideration of AUD 0.5 million will be paid by Vinyl Group Ltd. The consideration consists of common equity of Vinyl Group Ltd having a value of AUD 0.5 million to be issued for common equity of Mediaweek. For the financial year ended 2024 Mediaweek reported revenue of AUD 2.2 million.
The transaction is subject to due diligence investigation ,certain completion deliverables and is expected to complete no later than September 30, 2024.
Vinyl Group Ltd (ASX:VNL) completed the acquisition of Mediaweek from Chattr Pty Ltd on 4 September, 2024. Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.025 loss per share (vs AU$0.03 loss in FY 2023) Full year 2024 results: AU$0.025 loss per share. Revenue: AU$5.30m (up AU$4.68m from FY 2023). Net loss: AU$17.1m (loss widened 58% from FY 2023). Anuncio • Jun 15
Vinyl Group Ltd has filed a Follow-on Equity Offering in the amount of AUD 5.415568 million. Vinyl Group Ltd has filed a Follow-on Equity Offering in the amount of AUD 5.415568 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 55,260,894
Price\Range: AUD 0.098
Discount Per Security: AUD 0.00588
Transaction Features: Rights Offering Board Change • May 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Ken Gaunt was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • May 16
Vinyl Group Ltd. Announces the Appointment of Josh Simons as an Executive Director Vinyl Group Ltd. announced the appointment of CEO Josh Simons to the Board as an Executive Director, effective immediately. Recent Insider Transactions • May 14
Independent Non Executive Director recently sold AU$58k worth of stock On the 7th of May, Robert Gaunt sold around 377k shares on-market at roughly AU$0.15 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Anuncio • Feb 02
Vinyl Group Ltd (ASX:VNL) completed the acquisition of Seventh Street Media Pty Ltd. Vinyl Group Ltd (ASX:VNL) agreed to acquire Seventh Street Media Pty Ltd for AUD 10 million on December 21, 2023. Under the terms of agreement, Vinyl Group will pay AUD 8 million in cash as upfront consideration and AUD 2 million as deferred payment in cash or stocks on The Brag Group achieving specified revenue and EBIT targets for the Calendar Year 2024. The consideration will be funded by placement and debt facility of AUD 11 million. The Brag Media generated AUD 8.39 million in revenues and AUD 334,824 in net profit for FY 2023. The transaction is expected to close on January 31, 2024.
Vinyl Group Ltd (ASX:VNL) completed the acquisition of Seventh Street Media Pty Ltd on February 1, 2024. Anuncio • Feb 01
Vinyl Group Ltd has completed a Follow-on Equity Offering in the amount of AUD 4.044587 million. Vinyl Group Ltd has completed a Follow-on Equity Offering in the amount of AUD 4.044587 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 90,240,674
Price\Range: AUD 0.04482
Transaction Features: Subsequent Direct Listing Anuncio • Nov 30
Jaxsta Limited has filed a Follow-on Equity Offering in the amount of AUD 0.05 million. Jaxsta Limited has filed a Follow-on Equity Offering in the amount of AUD 0.05 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,250,000
Price\Range: AUD 0.04
Transaction Features: Subsequent Direct Listing Reported Earnings • Oct 05
Full year 2023 earnings released: AU$0.03 loss per share (vs AU$0.019 loss in FY 2022) Full year 2023 results: AU$0.03 loss per share (further deteriorated from AU$0.019 loss in FY 2022). Net loss: AU$10.8m (loss widened 74% from FY 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Anuncio • Oct 02
Jaxsta Limited, Annual General Meeting, Nov 29, 2023 Jaxsta Limited, Annual General Meeting, Nov 29, 2023, at 13:00 E. Australia Standard Time. Location: Angel Place, Level 27, 123 Pitt Street Sydney Nsw 2000 Australia New Risk • Sep 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.2m free cash flow). Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m (AU$619k revenue, or US$400k). Minor Risk Market cap is less than US$100m (AU$28.5m market cap, or US$18.4m). Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.02 loss per share (vs AU$0.019 loss in FY 2022) Full year 2023 results: AU$0.02 loss per share (further deteriorated from AU$0.019 loss in FY 2022). Net loss: AU$7.15m (loss widened 15% from FY 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. New Risk • Aug 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.4m free cash flow). Negative equity (-AU$3.3m). Revenue is less than US$1m (AU$320k revenue, or US$207k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (AU$23.2m market cap, or US$15.0m). New Risk • Jun 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 55% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.4m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-AU$3.3m). Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Revenue is less than US$1m (AU$320k revenue, or US$212k). Minor Risk Market cap is less than US$100m (AU$29.7m market cap, or US$19.6m). Anuncio • Jun 29
Jaxsta Announces CEO Changes Jaxsta Limited announced that Josh Simons has been appointed as Jaxsta's CEO with immediate effect. Beth Appleton will step down as CEO effective immediately. Simons joined Jaxsta following the completion of the acquisition of Vampr on June 1, 2023, and was appointed Chief Strategy Officer, however, he will now assume these responsibilities in addition to his appointment as CEO. Simons co-founded Vampr in 2015 with Barry Palmer of Hunters & Collectors fame. As CEO, he turned Vampr into the social-professional network for musicians, known as the "LinkedIn for creatives". Boasting 1.3M users, Vampr facilitated over eight million global connections and earned recognition as one of Fast Company's Most Innovative Companies in 2022. The platform has won multiple awards, including from Apple and Google. Previously, Simons found success with his artist project, Buchanan, and as a songwriter and producer, sharing credits with Travis Scott, Kanye West, and Troye Sivan. He was named atop The Music Network's 30 Under 30 List in 2020 and holds a Bachelor of Business from Swinburne University. Anuncio • Jun 28
Jaxsta Limited has completed a Follow-on Equity Offering in the amount of AUD 2.95 million. Jaxsta Limited has completed a Follow-on Equity Offering in the amount of AUD 2.95 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 73,750,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 03
First half 2023 earnings released: AU$0.013 loss per share (vs AU$0.01 loss in 1H 2022) First half 2023 results: AU$0.013 loss per share (further deteriorated from AU$0.01 loss in 1H 2022). Revenue: AU$448.2k (up 242% from 1H 2022). Net loss: AU$4.51m (loss widened 40% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Feb 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Ken Gaunt was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
Full year 2022 earnings released: AU$0.019 loss per share (vs AU$0.022 loss in FY 2021) Full year 2022 results: AU$0.019 loss per share. Net loss: AU$6.20m (loss widened 8.6% from FY 2021). Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Linda Jenkinson was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 06
Full year 2021 earnings released: AU$0.022 loss per share (vs AU$0.044 loss in FY 2020) Full year 2021 results: Net loss: AU$5.71m (loss narrowed 45% from FY 2020). Reported Earnings • Sep 03
Full year 2021 earnings released: AU$0.022 loss per share (vs AU$0.044 loss in FY 2020) Full year 2021 results: Net loss: AU$5.71m (loss narrowed 45% from FY 2020). Reported Earnings • Oct 04
Full year earnings released - AU$0.044 loss per share Over the last 12 months the company has reported total losses of AU$10.4m, with losses narrowing by 28% from the prior year.