Vinyl Group CEO on expansion, profitability & strategy after H1 revenue soars 770%

Vinyl Group Ltd CEO Josh Simons talked with Proactive's Jonathan Jackson about the company's strong financial growth, recent acquisitions, and future expansion plans.

The company recently reported a 770.2% revenue increase in its latest half-year results. Simons highlighted the annual revenue run rate growth from $2 million to $20 million, emphasising that Vinyl Group is executing its aggressive acquisition strategy while optimising operations for profitability.

A key topic of discussion was the acquisition of Concrete Playground, a move that expands Vinyl Group’s media and advertising reach. Simons explained that integrating Concrete Playground into the company’s existing infrastructure creates significant cross-selling opportunities whilst also strengthening Vinyl Group's market position.

Looking ahead, Simons discussed the global expansion potential of Vinyl Group’s tech platforms. He noted that for the first time, the company’s tech segment outperformed its media business in revenue, signaling a shift toward scalable, international growth.

“The pathway we’re on is clear—we’re optimising, moving towards profitability, and laying the groundwork for further expansion,” Simons said.

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#VinylGroup #Music #MusicIndustry #JoshSimons #BusinessGrowth #TechExpansion #InvestorNews #MusicTech #ProactiveInvestors

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#AdTech #Advertising #Music #Music_Technology

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