Jaxsta Limited (AU:VNL) has released an update.
Jaxsta Limited reported a strong financial performance for Q1 FY25, with revenues surging 25% quarter-over-quarter to a record $2.759 million. The company has been actively expanding its portfolio, completing acquisitions of Mediaweek and Serenade Sound, and announcing plans to acquire Funkified Events. Additionally, strategic moves such as launching Vinyl.com in the UK and reducing debt by $1.6 million are expected to enhance operational efficiencies and support future growth.
For further insights into AU:VNL stock, check out TipRanks’ Stock Analysis page.
