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Cluey Ltd (ASX:CLU)

ALERT: Price-sensitive ASX Announcement for CLU
Current share price for CLU : $0.010 -0.046 (-82.14%)+
Announcement
Release
30 Jan 2026 9:19AM
Price at Release
$0.056
Full Release
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Summary
Cluey Ltd released its December 2025 Quarterly Activities Report and Appendix 4C, reporting a seasonally softer quarter due to the end of the academic year. The company improved its operating cash outflow by 13% compared to the prior corresponding period, maintaining a strong gross profit margin of 59.0%. Significant progress was made in developing the AI-driven Cluey+ products, scheduled for release in February 2026. Cluey raised $4.347 million through a fully underwritten entitlement offer, which contributed to cash on hand of $5.971 million at the end of the period. The company invested heavily in product and technology and reported a total cash burn of $2.438 million, improved by 8% from the previous period. Cluey also signed an agreement to acquire the Art of Smart group, subject to certain conditions being met. The company anticipates new product launches and increased student enrolments in the upcoming academic year.
Key Points
  • Operating cash outflow improved by 13% compared to prior period.
  • Strong gross profit margin of 59.0% achieved.
  • Significant progress on AI-driven Cluey+ products.
  • Raised $4.347 million through entitlement offer.
  • Cash on hand at end of period was $5.971 million.
  • Total cash burn improved by 8% compared to previous period.
  • Acquisition agreement for Art of Smart group signed.
  • Anticipates increased student enrolments in new academic year.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.