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FINWIRES

Vinyl Group Revises Guidance to Expected EBITDA Positive Run-Rate in Fiscal 2027 H1, Shares Reach Two-Year Low

-- Vinyl Group (ASX:VNL) revised its guidance to an expected earnings before interest, taxes, depreciation, and amortization (EBITDA) positive run-rate in the first half of fiscal year 2027, with timing impacted by the delayed completion of Val Morgan Digital and the mergers and acquisitions pipeline, according to a Friday Australian bourse filing.

It reported cash receipts of AU$4 million in the third quarter of fiscal 2026, up 24% on the prior corresponding period. The Platforms business was up 19% year-over-year, while the advertising market was relatively soft in the March quarter, per the filing.

Its shares fell 6% in recent trading on Friday, reaching a two-year low.

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