Carly Holdings Limited, an online technology company, provides car rental and car subscription services for individuals and businesses in Australia and New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.058|
|52 Week High||AU$0.056|
|52 Week Low||AU$0.23|
|1 Month Change||-3.33%|
|3 Month Change||-9.38%|
|1 Year Change||-74.22%|
|3 Year Change||-86.35%|
|5 Year Change||-87.79%|
|Change since IPO||-99.07%|
Recent News & Updates
What Kind Of Shareholders Hold The Majority In Collaborate Corporation Limited's (ASX:CL8) Shares?
A look at the shareholders of Collaborate Corporation Limited (ASX:CL8) can tell us which group is most powerful...
|CL8||AU Online Retail||AU Market|
Return vs Industry: CL8 underperformed the Australian Online Retail industry which returned -32.1% over the past year.
Return vs Market: CL8 underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: CL8 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: CL8's weekly volatility (9%) has been stable over the past year.
About the Company
Carly Holdings Limited, an online technology company, provides car rental and car subscription services for individuals and businesses in Australia and New Zealand. It operates Carly.co, a car subscription service; and DriveMyCar.com.au, a peer-to-peer car rental service. The company was formerly known as Collaborate Corporation Limited and changed its name to Carly Holdings Limited in December 2020.
Carly Holdings Fundamentals Summary
|CL8 fundamental statistics|
Is CL8 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CL8 income statement (TTM)|
|Cost of Revenue||AU$533.83k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.031|
|Net Profit Margin||-336.72%|
How did CL8 perform over the long term?See historical performance and comparison
Is Carly Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CL8's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CL8's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CL8 is unprofitable, so we can't compare its PE Ratio to the Australian Online Retail industry average.
PE vs Market: CL8 is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CL8's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CL8 is good value based on its PB Ratio (2.3x) compared to the AU Online Retail industry average (6.5x).
How is Carly Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Retail industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Carly Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Carly Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CL8 is currently unprofitable.
Growing Profit Margin: CL8 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CL8 is unprofitable, and losses have increased over the past 5 years at a rate of 19.9% per year.
Accelerating Growth: Unable to compare CL8's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CL8 is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (55.1%).
Return on Equity
High ROE: CL8 has a negative Return on Equity (-119.93%), as it is currently unprofitable.
How is Carly Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: CL8's short term assets (A$3.9M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: CL8's short term assets (A$3.9M) exceed its long term liabilities (A$256.7K).
Debt to Equity History and Analysis
Debt Level: CL8 is debt free.
Reducing Debt: CL8 had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CL8 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CL8 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 9.2% each year.
What is Carly Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CL8's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CL8's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CL8's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CL8's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CL8's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Chris Noone has been the Chief Executive of Carly Holdings Limited (formerly known as Collaborate Corporation Limited) since August 7, 2014. Mr. Noone has been an Executive Director of Carly Holdings L...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD268.98K) is about average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.
Experienced Management: CL8's management team is seasoned and experienced (12 years average tenure).
Experienced Board: CL8's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 136.6%.
Carly Holdings Limited's employee growth, exchange listings and data sources
- Name: Carly Holdings Limited
- Ticker: CL8
- Exchange: ASX
- Founded: 1994
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: AU$6.318m
- Shares outstanding: 108.94m
- Website: https://investors.carly.co
- Carly Holdings Limited
- 189 Kent Street
- Suite 3
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 07:04|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.