Been a bit hard to track the growth by segment, as I'm pretty sure reporting has largely been for the whole group rather than by segments so we can only use knowns and estimate. There's many moving parts now.
Looking forward to this quarterly, following the Christmas period I suspect a softening of Vinyl.com sales, but we'll see the first full quarter of Funkified, and a little bit (<1 month) of Concrete Playground contributing.
I'll guesstimate $4mil receipts, and similar cash burn to last quarter, with some luck it is starting to reduce. Total group revenue was reported at $20mil excluding Concrete Playground (half yearly), so on average in 2025 we can hope to see $5mil+, and that should start to been seen in the cashflows. Understanding the seasonality also makes it difficult to predict. HODLing here, solid business.
VNL Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
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