Quarterly Activities/Appendix 4C Cash Flow Report

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Stock One Click Group Ltd (1CG.ASX)
Release Time 24 Apr 2025, 8:43 a.m.
Price Sensitive Yes
 Quarterly Activities/Appendix 4C Cash Flow Report
Key Points
  • Revenue up 26% on prior comparative period
  • Reduced marketing spend on prior comparative period
  • Fixed expenses unchanged on prior comparative period
  • One Click Super product build on-track for July quarter launch
Full Summary

One Click Group Limited (ASX: 1CG), a fast-growing finance and life admin technology platform, has provided an overview of its activities for the quarter ended 31 March 2025. The company reported strong revenue growth of 26% on the prior comparative period, achieved on a lower marketing spend than the same period last year. Fixed expenses to run the business have remained consistent with the prior year. The combination of revenue growth and reduced spend gives the company an excellent opportunity to achieve its first profitable year in 2025. User numbers continue to grow both organically and as a result of marketing campaigns, with the company expecting strong user and revenue growth in the second quarter as it expands marketing efforts to capture tax return lodgement intent. The build of the One Click Super product is progressing well, and the company looks forward to releasing this product in the near future. The company ended the quarter with $1.4 million in cash, allowing it to establish a strong marketing campaign for the 2025 tax season to generate new users and revenue.

Guidance

The company expects to cross 200,000 registered users on the One Click Life platform in July 2025, marking a major milestone. The company is positioned to deliver its first profit in 2025.

Outlook

The company will continue its strong growth in user numbers through its digital marketing strategy, focusing on existing and new users yet to lodge their 2024 tax return to maximize revenue opportunity. The launch of the One Click Life superannuation product is also a key focus, as the company works towards achieving profitability in 2025 and laying the foundations for continued profitable growth in 2026.