Mild day on the Unmade Index sees Enero and Vinyl rise
Difficult to tease out any drama from a sedate Unmade Index today, although Vinyl will be happy with a 2.33% increase after a confident and compact AGM at which a previously hard target was subtly shifted.
Vinyl CEO Josh Simons decided to go for cash-flow positive as his quarterly target (ending December 31), when previously EBITDA positive had been the line in the sand.
The narrative was very much growth as Simons sketched out a future in which the business acquired more publishers, produced more revenue, and used AI to do everything at warp speed.
Elsewhere the gainers dominated in number, if not in bulk. Pureprofile jumped the most with a +5.04% rise, while Motio added +1.92%, Ooh Media rose +1.59%, IVE Group climbed +1.42%, and News Corp edged up +0.89%. ARN also squeezed out a modest +0.54%.
