September 2025 Quarterly Activities Report and Appendix 4C
| Stock | Cluey Ltd (CLU.ASX) |
|---|---|
| Release Time | 31 Oct 2025, 8:17 a.m. |
| Price Sensitive | Yes |
Cluey's strongest quarterly EBITDA result
- Underlying EBITDA improved 15% vs prior year
- Significant progress in new product development and AI initiatives
- Cash burn improved 10% vs prior year
Cluey Ltd (ASX: CLU) released its Appendix 4C Quarterly Cashflow Report and Quarterly Activities Report for the quarter ending 30 September 2025 (Q1 FY26). Highlights include:- Underlying EBITDA of -$0.4 million, a 15% improvement vs prior corresponding period (PCP)- Operating cash flow of -$0.4 million, a 20% improvement vs PCP- Significant progress made during the quarter in new Product Development and AI-enabled initiatives- Cash receipts of $8.1 million, a 1% increase vs PCP- Cash payments of $8.7 million, flat vs PCP- Total cash on hand of $4.1 million as of 30 September 2025Cluey's Joint CEO, Matteo Trinca, stated that this quarter marks the company's strongest-ever underlying EBITDA result, demonstrating its progress towards profitability. The company is also directing a significant portion of resources to product development to support new offerings, including AI-powered features, launching in 2026. These investments are expected to position Cluey to lead through AI-driven transformation and solidify its competitive position in the market.
Cluey will continue to increase investment in customer acquisition going forward to drive new student and revenue growth, supported by its focus on cost management and a product and marketing-led strategy for growth.