ASX:VNL
Vinyl Group Ltd
Investment Summary
The fund managers believe that Vinyl Group Ltd (VNL) is demonstrating significant growth potential. With a share price increase of 33% in March 2024 and 10% in September 2024, the company's recent acquisitions are expected to enhance its revenue streams and market presence. In their opinion, the backing of notable investors such as Richard White and Songtradr, who both own over 10% of the company, adds credibility to VNL’s business model. The strategic acquisition of Brag Media, and recent additions like Mediaweek Australia and Funkified Events, are anticipated to yield more than $7m in annual revenue while creating synergies that will improve margins and profitability in FY25. Furthermore, with record global music sales projected at US$28 billion in 2024, the fund managers see VNL as a burgeoning force in the global music market, bolstering investor interest with $10m in expected revenues for CY24.
Commentary From The Managers
Cyan Investment Management
28 Feb 2025
$0.13
- Cyan Investment Management continues to hold an optimistic view on Vinyl Group (VNL +34%) due to its robust revenue growth.
- In February, increasing investor interest was noted due to VNL's media acquisitions.
- Vinyl Group's revenue for December 2024 half reached $7m.
- Recent acquisitions include Brag Media, Concrete Playground, Mediaweek, Funkified, and Seranade.
- These acquisitions are expected to enhance its existing businesses: Jaxsta, Vampr, and Vinyl.com.
Cyan Investment Management
30 Sept 2024
$0.10
- Cyan Investment Management has provided an update on its investment thesis regarding Vinyl Group Ltd (VNL +10%).
- Vinyl Group has announced three acquisitions in the past three weeks.
- The acquisitions are expected to add over $7m in annual revenue.
- The acquired companies, including Mediaweek Australia, Serenade, and Funkified Events, integrate well with Vinyl’s existing business operations.
- There are additional cost savings and synergies projected from these acquisitions.
- These developments are expected to meaningfully contribute to growing margins and profitability in FY25.
- Cyan Investment Management continues to hold its position in Vinyl Group based on these factors.
Cyan Investment Management
31 Mar 2024
$0.07
- Cyan Investment Management highlights significant monthly growth in Vinyl Group Ltd (VNL) with an increase of 33%.
- The company is supported by notable investors, including Richard White (founder of Wisetech) and Songtradr, each owning over 10% of VNL.
- VNL has acquired Brag Media, which publishes prominent titles like Rolling Stone and Billboard.
- With its existing assets, including Jaxsta (music data), Vampr (social networking), and vinyl.com (retail site), VNL anticipates nearly $10 million in revenues for CY24.
- Global music sales are projected to hit a record US$28 billion in 2024, positioning VNL as a growing entity in the music market.
- Cyan Investment Management continues to hold **Vinyl Group Ltd** to capitalize on its strengthening market position.
Please note: The completeness, accuracy or current status of the investments referenced are not guaranteed.