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An announcement from Cluey Ltd ( (AU:CLU) ) is now available.
Cluey Ltd reported a 6% decrease in revenue for Q3 FY25 compared to the prior corresponding period, but highlighted significant improvements in cost management and student growth. The company achieved a 24% increase in new student enrolments with only a 5% increase in customer acquisition spend, indicating a cost-effective approach to growth. Despite a negative underlying EBITDA of $1.7 million, Cluey Ltd showed progress in operating cash flow, which improved by 49% on the prior period. The company remains optimistic about returning to top-line growth and achieving profitability.
More about Cluey Ltd
Cluey Ltd operates in the education industry, offering tutoring services and educational programs through Cluey Learning and Code Camp. The company focuses on providing personalized learning experiences and has a market focus on student enrolments and educational sessions.
YTD Price Performance: 107.50%
Average Trading Volume: 192,643
Technical Sentiment Signal: Sell
Current Market Cap: A$28.51M
See more insights into CLU stock on TipRanks’ Stock Analysis page.