Cluey First Half 2023 Earnings: AU$0.062 loss per share (vs AU$0.093 loss in 1H 2022)

Cluey (ASX:CLU) First Half 2023 Results

Key Financial Results

• Revenue: AU$20.8m (up 12% from 1H 2022).
• Net loss: AU$8.61m (loss narrowed by 32% from 1H 2022).
• AU$0.062 loss per share (improved from AU$0.093 loss in 1H 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cluey Earnings Insights

Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Services industry in Australia.

Performance of the Australian Consumer Services industry.

The company's shares are down 23% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 4 warning signs for Cluey (of which 1 makes us a bit uncomfortable!) you should know about.

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