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Close the Loop Ltd.
(Sydney:CLG)
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Rating:46Neutral
Price Target:
AU$0.04
▼(-5.00% Downside)
Action:Reiterated
Date:08/26/26
The score is held down primarily by deteriorating financial performance—steep recent revenue declines, significant net losses, and higher leverage—despite positive (but weakening) operating and free cash flow. Technicals are a partial offset due to strong recent momentum and prices above key moving averages, but overbought indicators increase near-term risk. Valuation remains unattractive given negative earnings and no dividend support.
Positive Factors
Circular-economy business model
The model is aligned with durable demand for producer responsibility and resource recovery. Revenue can come from contracted stewardship services as well as recycled-material products, providing multiple avenues to serve sustainability-focused customers.
Negative Factors
Sharp revenue contraction
The shift from strong growth in 2022–2024 to consecutive declines signals weaker demand, contract activity or execution. A shrinking revenue base can reduce operating leverage and make it harder to absorb fixed processing and service costs.
Read all positive and negative factors
Positive Factors
Negative Factors
Circular-economy business model
The model is aligned with durable demand for producer responsibility and resource recovery. Revenue can come from contracted stewardship services as well as recycled-material products, providing multiple avenues to serve sustainability-focused customers.
Read all positive factors
Close the Loop Ltd. (CLG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$23.76M
Dividend YieldN/A
Average Volume (3M)427.71K
Price to Earnings (P/E)―
Beta (1Y)-0.89
Revenue Growth-35.63%
EPS Growth-374.34%
CountryAU
Employees37
SectorIndustrials
Sector Strength72
IndustryWaste Management
Share Statistics
EPS (TTM)-0.20
Shares Outstanding594,100,800
10 Day Avg. Volume555,156
30 Day Avg. Volume427,715
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.51
Price to Sales (P/S)0.13
P/FCF Ratio6.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.03
Revenue Forecast (FY)AU$228.31M
Close the Loop Ltd. Business Overview & Revenue Model
Company Description
Close the Loop Ltd, established in 2001 and headquartered in Somerton, Australia, is primarily involved in the collection and reprocessing of materials such as imaging consumables, paper, and cartons. The company's operations, which also include o...
How the Company Makes Money
CLG makes money primarily by providing product stewardship and take-back/recovery services for manufacturers, brands, retailers, and other organizations, and by selling products made from recovered materials. Key revenue streams typically include:...
Close the Loop Ltd. Financial Statement Overview
Summary
Income Statement
26
Negative
Balance Sheet
34
Negative
Cash Flow
41
Neutral
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 125.62M | 195.14M | 212.96M | 135.93M | 70.13M |
| Gross Profit | 25.27M | 58.31M | 80.04M | 28.62M | 21.03M |
| EBITDA | 15.64M | 12.28M | 44.75M | 24.26M | 8.32M |
| Net Income | -105.33M | -22.19M | 10.95M | 12.24M | 4.60M |
Balance Sheet | |||||
| Total Assets | 134.13M | 276.83M | 297.00M | 271.38M | 92.26M |
| Cash, Cash Equivalents and Short-Term Investments | 16.70M | 32.34M | 40.64M | 49.46M | 10.33M |
| Total Debt | 77.01M | 116.42M | 108.66M | 110.86M | 24.23M |
| Total Liabilities | 101.75M | 155.34M | 155.47M | 147.32M | 39.04M |
| Stockholders Equity | 31.46M | 120.70M | 140.91M | 123.54M | 52.90M |
Cash Flow | |||||
| Free Cash Flow | 2.32M | 1.52M | 11.63M | 6.95M | -3.74M |
| Operating Cash Flow | 4.76M | 4.83M | 21.72M | 22.68M | -3.15M |
| Investing Cash Flow | 10.13M | -4.07M | -19.60M | -85.97M | -4.03M |
| Financing Cash Flow | -30.47M | -9.19M | -11.33M | 103.09M | 11.22M |
Close the Loop Ltd. Technical Analysis
Positive
0.04
Price Trends
0.03
Positive
0.03
Positive
0.03
Positive
Market Momentum
<0.01
Positive
75.71
Negative
60.32
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CLG, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 75.71 is Negative, neither overbought nor oversold. The STOCH value of 60.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CLG.
Close the Loop Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | AU$5.83B | 59.09 | 3.26% | 2.48% | 13.49% | -37.41% | |
64 Neutral | AU$43.77M | 9.16 | 18.31% | 4.58% | 9.91% | 4.60% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | AU$37.64M | -33.82 | -7.59% | ― | 23.31% | 50.00% | |
46 Neutral | AU$23.76M | -0.20 | -175.71% | ― | -35.63% | -374.34% | |
45 Neutral | AU$31.96M | -5.53 | -14.21% | 1.40% | -0.09% | -228.23% | |
45 Neutral | AU$10.36M | -2.18 | 63.59% | ― | -1.99% | -14.88% |
* Industrials Sector Average
AU:CLG
Close the Loop Ltd.
0.04
0.01
33.33%
AU:CWY
Cleanaway Waste Management
2.60
-0.07
-2.62%
AU:EGL
Environmental Group Limited
0.08
-0.18
-67.69%
AU:AEI
Aeris Environmental Ltd
0.04
>-0.01
-4.55%
AU:WWG
Wiseway Group Ltd.
0.25
0.08
47.06%
AU:DEM
De.mem Ltd.
0.12
<0.01
4.55%
Close the Loop Ltd. Corporate Events
Close the Loop issues FY26 results presentation with strict investor disclaimers
Aug 24, 2026
Close the Loop Ltd. has released its FY26 results presentation, providing a general update on the group’s activities and operational performance as at August 2026. The document is explicitly framed as informational rather than an offer of se...
Close the Loop lodges 2026 corporate governance statement and Appendix 4G with ASX
Aug 24, 2026
Close the Loop Limited has confirmed that its corporate governance statement for the year ended 30 June 2026 is available on its website, rather than within the annual report, in line with ASX Listing Rule 4.10.3. The statement, current as at 1 Ju...
Close the Loop posts heavy loss as asset disposals and restructuring hit FY26 results
Aug 24, 2026
Close the Loop Ltd reported a 6% decline in revenue to $125.6 million and a substantial net loss of $105.3 million for the year to 30 June 2026, reflecting discontinued operations and related write-offs. The company confirmed it did not pay divide...
Close the Loop Sets Date for FY26 Results Investor Briefing
Aug 18, 2026
Close the Loop Limited has scheduled an investor briefing to present its financial results for the year ended 30 June 2026, with the event to be held via a webinar on Monday, 24 August 2026 at 2:00pm AEST. The session will be led by Group CFO Marc...
Close the Loop Adjusts Capital Structure as Performance Rights Lapse
Aug 11, 2026
Close the Loop Ltd., an ASX-listed recycling and resource recovery company, structures its capital to include performance-based securities that align stakeholder incentives with sustainability and growth objectives. The business operates within th...
Director Sammy Saloum Lifts Stake in Close the Loop via Note Conversion
Jul 10, 2026
Close the Loop Limited has disclosed a significant increase in the indirect shareholding of director Sammy Saloum following the conversion of previously issued convertible notes. Through ASLDH LP, an entity he controls, Saloum’s stake rose f...
Close the Loop Seeks ASX Quotation for 60 Million New Shares
Jul 10, 2026
Close the Loop Ltd. has applied to the ASX for quotation of 60,350,976 new fully paid ordinary shares under the code CLG, with an issue date of 10 July 2026. The substantial addition to quoted securities, arising from a previously flagged transact...
Close the Loop Shareholders Back Capital Restructure and Board Appointment
Jul 9, 2026
Close the Loop Limited has secured shareholder approval at its latest general meeting for all resolutions put to a poll, including the cancellation of existing convertible notes and the issuance of new shares to Sammy and Dania Saloum in conjuncti...
Close the Loop Director Increases Indirect Shareholding
Jul 1, 2026
Close the Loop Limited has disclosed a change in the holdings of director Brendan Yee, who has increased his indirect stake in the company. Yee acquired 1,000,000 fully paid ordinary shares on market at 2.5 cents per share, expanding his overall e...
Close the Loop Seeks ASX Quotation for 100,000 New Shares
Jun 16, 2026
Close the Loop Ltd. has applied for quotation on the ASX of 100,000 new fully paid ordinary shares, with an issue date of June 16, 2026. The modest size of the issuance suggests a routine capital management or incentive-related action rather than ...
Close the Loop calls July 2026 vote on capital restructure with Saloum investors
Jun 5, 2026
Close the Loop Ltd has called a general meeting of shareholders to be held on 9 July 2026 in Melbourne, setting 7 July 2026 as the record date to determine voting eligibility and encouraging use of proxy forms for those unable to attend. The board...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.