Vinyl Group Ltd

Cyan C3G Fund continues to hold Vinyl Group Ltd (VNL), which was the strongest performer in the month with a 33% increase in its share price. Backed by notable investors such as Wisetech founder Richard White and music licensing company Songtradr, VNL has recently expanded its portfolio by acquiring Brag Media, the publisher of prominent titles like Rolling Stone and Billboard. This acquisition complements Vinyl’s existing businesses, including music data company Jaxsta, social networking platform Vampr, and retail site vinyl.com. With expectations to generate almost $10m in revenues in CY24, Vinyl is poised to capitalize on the record global music sales of US$28 billion in 2024. Cyan C3G Fund remains confident in Vinyl’s growth prospects as it strengthens its position in the global music marketplace.

Cyan C3G Fund continues to hold its position in Vinyl Group Ltd (VNL) following a series of strategic acquisitions that are expected to drive growth. Over the past three weeks, the company has acquired Mediaweek Australia, Serenade, and Funkified Events, adding more than $7m in annual revenue. These acquisitions complement Vinyl Group’s existing media, retail, and events businesses, and the Fund expects significant cost savings and synergies to contribute to growing margins and profitability in FY25. Given the company’s proactive approach to expanding its portfolio and enhancing operational efficiencies, Cyan C3G Fund remains optimistic about Vinyl Group's growth prospects.

Cyan C3G Fund continues to hold Vinyl Group Ltd. (VNL) due to the company's strong revenue growth and strategic media acquisitions. In the December 2024 half, Vinyl Group reported revenue of $7m, driven by its expanding portfolio of media assets. Over the past year, the company has acquired Brag Media, Concrete Playground, Mediaweek, Funkified, and Seranade, which complement its existing businesses, including music data company Jaxsta, social networking platform Vampr, and retail site Vinyl.com. This growing suite of acquisitions is positioning Vinyl Group for sustained growth in the music industry, making it an attractive investment. With these developments, Cyan C3G Fund remains optimistic about the company’s future prospects and continues to hold the stock.