Vinyl Group Ltd. · ASX:VNL
Vinyl — Investor Presentation (June 2024)
34 slides from Vinyl's investor presentation, Jun 13, 2024
Slide 1: June 2024
For personal use only June 13 2024
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Vinyl Group Ltd ACN 106 513 580 (Vinyl Group or the Company). The material For personal use only This presentation has been prepared from sources which Vinyl Group reasonably believes to be reliable and accurate as at the contained in this presentati
Slide 3: Disclaimer, continued
Disclaimer, continued This presentation does not, and is not intended to, constitute an offer in any place or jurisdiction in which, or to any For personal use only person to whom, it would be unlawful to make such an offer or to issue this presentation. The Offer is not being extended, and New Shares
Slide 4: Mission
Mission For personal use only Vinyl Group (ASX: VNL) provides world class tools to power and empower all participants of the music ecosystem: creators, rights-holders and fans. Collecting music - Vinyl.com is the best e-commerce experience for fans and super fans who love owning music. Connecting mu
Slide 5: Traction and History
Traction and History For personal use only Share Price vs Quarterly Revenue (Unaudited) Revenue Run Rate $10.5M Consolidated We have grown Share Quarterly Price Revenue revenues by (Unaudited) 218% QoQ Share price at date of publication $0.11 Vampr Josh Simons completed; appointed CEO; 2024 awards a
Slide 6: Accelerated Entitlements Offer and Capital structure
Accelerated Capital structure Entitlements Offer For personal use only On Issue as at the To be issued Total following date of this Offer under the Offer the Offer $5.416M Fully Underwritten by Peloton Document Capital and Red Leaf Securities - see terms Ordinary shares 939,435,203 55,260,894 994,696,09
Slide 7: Our Brands: The Brag Media
Our Brands: The Brag Media For personal use only The Brag Media is Australia’s largest youth publisher. Our premium publishing business reaches over 30% of all Australians each month1, while our events business produces the Rolling Stone Awards and offers commercial partners end-to-end event ideation
Slide 8: Our Brands: Vinyl.com
Our Brands: Vinyl.com Vinyl.com is the premier online record store that allows music fans to easily buy their For personal use only favourite records while browsing through liner notes as though they are digging through crates, exploring who did what on each album and more. We offer music fans an ext
Slide 9: Our Brands: Vampr
Our Brands: Vampr Vampr is a leading social-professional network and talent marketplace, with 1.4M For personal use only accounts, helping creatives in 180+ countries, find people to collaborate with to create new music and monetize their work. Objectives & Activities Increase user Consistent UX Buil
Slide 10: Our Brands: Jaxsta
Our Brands: Jaxsta For personal use only Jaxsta is the world's only official music credits database with 380+ official data partners. Objectives & Activities Reduce technology costs Building recurring by >55% B2B revenue Artificial intelligence R&D to deliver a superior customer experience, improved qual
Slide 11: Leadership Team
Leadership Team For personal use only Josh Simons Jorge Nigaglioni Alli Galloway Jessica Hunter Joel King CEO CFO CMO Head of The Brag Media Brag COO Aligned, focused and driven Jessy Trengove Chris Lowe Craig Sternberg CPO Tech Director Head of Biz Dev
Slide 12: The Board
The Board For personal use only Linda Jenkinson Ken Gaunt Ben Katovsky Steve Gledden Josh Simons Jorge Nigaglioni Non-Exec Chair NED NED NED Exec Director Company Secretary First woman to list Serial entrepreneur CEO Hipgnosis Managing Partner CEO Vinyl Group CFO Vinyl Group company on and Top 10 So
Slide 13: Top Shareholders as of June 2024
Top 10 Shareholders as of June 12 2024 For personal use only Holder Name Holding % IC REALWISE GROUP HOLDINGS PL 295,426,149 31.45% SONGTRADR INC 162,092,793 17.25% BNP PARIBAS NOMINEES PTY LTD 35,432,451 3.77% RUSCOL PTY LTD 25,354,306 2.70% WILTSHIRE MEDIA PTY LTD 25,122,000 2.67% Tightly held, wi
Slide 14: Thank you
Thank you For personal use only For more information please ” contact investors@vinyl.group We forecast music revenue to more than ASX: VNL double to about $131 billion by 2030. ” 11 Wilson St, South Yarra, VIC, 3141 Goldman Sachs, May 2024 https://vinyl.group Award nominations this calendar year:
Slide 15: A - Summary of Underwriting Agreement Terms
Appendix A - Summary of Underwriting Agreement Terms For personal use only Lead Manager Fee 2% of Funds Placed Underwriting Fee 4% of the Funds Placed except precommitments Options Peloton will be issued with 2 million options exercisable at the rights issue price on the 6 month anniversary of the s
Slide 16: A - Summary of Underwriting Agreement Terms
Appendix A - Summary of Underwriting Agreement Terms, continued For personal use only 1. Material Financing Arrangements: a. any Material Financing Arrangement is: i. terminated (or becomes capable of being terminated by a party), rescinded or repudiated or rendered void, illegal or otherwise unenfo
Slide 17: A - Summary of Underwriting Agreement Terms
Appendix A - Summary of Underwriting Agreement Terms, continued For personal use only 6. Delisting: ASX announces that the Company will be removed from the official list or that the Shares will be: a. removed from official quotation; or b. suspended from quotation by ASX for two or more than two Trading
Slide 18: A - Summary of Underwriting Agreement Terms
Appendix A - Summary of Underwriting Agreement Terms, continued For personal use only 16. *Information: any information supplied (including any information supplied prior to the date of this Agreement) by or on behalf of the Company to the Underwriter for the purposes of the Due Diligence Investigat
Slide 19: A - Summary of Underwriting Agreement Terms
Appendix A - Summary of Underwriting Agreement Terms, continued For personal use only 22. Fraud: the Company, any of its Directors or the Chief Executive Officer or Chief Financial Officer of the Company is charged in relation to any fraudulent conduct or activity whether or not in connection with the O
Slide 20: A - Summary of Underwriting Agreement Terms
Appendix A - Summary of Underwriting Agreement Terms, continued For personal use only 26. Market Disruption: a. trading of all securities quoted on ASX, the London Stock Exchange, the Hong Kong Stock Exchange, the New York Stock Exchange, the NASDAQ or the Toronto Stock Exchange is suspended or limi
Slide 21: A - Summary of Underwriting Agreement Terms
Appendix A - Summary of Underwriting Agreement Terms, continued For personal use only 27. Illegality: there is an event, occurrence or non-occurrence after the execution of this Agreement which, in each case, is outside the Underwriter’s reasonable control or which it is otherwise reasonably unable
Slide 22: B - Timeline
Appendix B - Timeline For personal use only Request for trading halt, Announcement of the Entitlement Offer (prior to market opening), Lodgement of s708AA Offer Booklet, Appendix 13 June 2024 3B and s708AA(2)(f) Cleansing Notice to ASX (prior to market opening) Institutional Offer Opens Prior to noon A
Slide 23: C - Risks
Appendix C - Risks For personal use only The New Shares are considered highly speculative and Risks specific to Vinyl Group’s business carry no guarantee with respect to the payment of dividends or returns of capital. An investment in the A. Software risks Company is not risk free and the Directors s
Slide 24: C - Risks
Appendix C - Risks, continued For personal use only Risks specific to Vinyl Group’s business (a) Software risks Vinyl Group is reliant on the availability and quality of its software. It is possible that an event could occur (for example, a software, hardware or connectivity outage, a software error
Slide 25: C - Risks
Appendix C - Risks, continued For personal use only (c) Future funding needs The cash reserves as at the date of this Offer Document, together with the funds to be received in connection with the Entitlements Offer, are considered sufficient to meet the immediate objectives of the Company. Further fundi
Slide 26: C - Risks
Appendix C - Risks, continued For personal use only (f) Distribution Agreements Vinyl Group has entered and will continue to enter into various Distribution Agreements with third party suppliers for the supply and distribution of vinyl products which are used by the Vinyl Platform. Vinyl Group is de
Slide 27: C - Risks
Appendix C - Risks, continued For personal use only (i) Computer system risk Our growth depends on the ability of our potential customers to access the Jaxsta Platform and the Vinyl Platform at any time and within an acceptable amount of time. In addition, our intention is to rely almost exclusively
Slide 28: C - Risks
Appendix C - Risks, continued For personal use only (j) Data loss, theft or corruption Techniques used to gain unauthorised access to data and software are constantly evolving, and we may be unable to prevent unauthorised access to data pertaining to our users, including credit card and debit card i
Slide 29: C - Risks
Appendix C - Risks, continued For personal use only (k) Reputation Risk Vinyl Group operates in an online environment therefore unfavourable publicity regarding: terms of Service, Service changes, Service quality, the actions of our developers whose services are integrated with our Service, the use
Slide 30: C - Risks
Appendix C - Risks, continued For personal use only (s) Contract Risk We are party to many license agreements which are complex and impose numerous obligations upon us which may make it difficult to operate our business. A breach of such agreements could adversely affect our business, operating results
Slide 31: C - Risks
Appendix C - Risks, continued For personal use only General risks (a) Price of Shares The Shares are subject to general market risks applicable to all securities listed on a stock exchange. This may result in fluctuations in the Share price that are not explained by the performance of the Company. Th
Slide 32: C - Risks
Appendix C - Risks, continued For personal use only (b) Shareholder dilution In the future, the Company may elect to issue further Shares in connection with fundraisings, including to raise proceeds for acquisitions or investments. While the Company will be subject to the constraints of the Listing
Slide 33: C - Risks
Appendix C - Risks, continued For personal use only (e) Accounting standards Australian Accounting Standards (AAS) are adopted by the AASB and are not within the control of the Company and its Directors. The AASB may, from time to time, introduce new or refined AAS, which may affect the future measure
Slide 34: D - Proforma Balance Sheet December 2023
Appendix D - Proforma Balance Sheet 31 December 2023 For personal use only The effect of the offer is to increase cash reserves by a net $5.150M.