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Cluey Ltd (ASX:CLU)

ALERT: Price-sensitive ASX Announcement for CLU
Current share price for CLU : $0.014 -0.038 (-73.08%)+
Announcement
Release
27 Feb 2026 8:54AM
Price at Release
$0.052
Full Release
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Summary
Cluey Ltd's 2026 Half Year Report highlights a slight decline in revenue and student sessions, despite improvements in average revenue per session and the launch of Cluey+, an AI-enabled education service aimed at expanding educational offerings and customer retention. The company reported a net loss of $2,385,000 and continued strategic investments in Cluey+ and marketing, resulting in modest improvements in operating cash flow and EBITDA. No dividends were distributed during this period, and the company completed a $4.5 million equity raise. Cluey maintained focus on its strategic objectives without significant changes in entity control.
Key Points
  • Cluey Ltd reported a 3% decline in revenue to $12,771,000 for H1 FY26 compared to the previous period.
  • The company experienced a 9% decline in student sessions, though average revenue per session increased by 5%.
  • Cluey launched Cluey+, an AI-enabled education service, aimed at enhancing learning offerings and improving customer retention.
  • Cluey's financial performance included a net loss of $2,385,000, a small increase from the previous year's loss.
  • No dividends were paid or declared during this financial period.
  • Operating cash flow and EBITDA showed modest improvements due to strategic investments in Cluey+ and marketing.
  • The company raised $4.5 million through an equity raise, issuing 64,149,771 new shares.
  • There were no significant changes in control over entities or new acquisitions completed.
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.