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CL8

Carly HoldingsASX:CL8 Stock Report

Market Cap

AU$6.3m

7D

1.8%

1Y

-74.2%

Updated

17 Oct, 2021

Data

Company Financials
CL8 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

CL8 Overview

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

Summary of all time highs, changes and price drops for Carly Holdings
Historical stock prices
Current Share PriceAU$0.058
52 Week HighAU$0.056
52 Week LowAU$0.23
Beta1.67
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

Nov 24
What Kind Of Shareholders Hold The Majority In Collaborate Corporation Limited's (ASX:CL8) Shares?

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...

Shareholder Returns

CL8AU Online RetailAU Market
7D1.8%1.2%0.9%
1Y-74.2%-32.1%20.2%

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.

Price Volatility

Is CL8's price volatile compared to industry and market?
CL8 volatility
CL8 Beta1.67
Industry Beta1.04
Market Beta1

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

FoundedEmployeesCEOWebsite
1994n/aChris Noonehttps://investors.carly.co

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

How do Carly Holdings's earnings and revenue compare to its market cap?
CL8 fundamental statistics
Market CapAU$6.32m
Earnings (TTM)-AU$3.36m
Revenue (TTM)AU$996.84k

6.3x

P/S Ratio

-1.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CL8 income statement (TTM)
RevenueAU$996.84k
Cost of RevenueAU$533.83k
Gross ProfitAU$463.01k
ExpensesAU$3.82m
Earnings-AU$3.36m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.031
Gross Margin46.45%
Net Profit Margin-336.72%
Debt/Equity Ratio0%

How did CL8 perform over the long term?

See historical performance and comparison

Valuation

Is Carly Holdings undervalued compared to its fair value and its price relative to the market?

2.26x

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).


Future Growth

How is Carly Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.7%

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.


Past Performance

How has Carly Holdings performed over the past 5 years?

-19.9%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

12.0yrs

Average management tenure


CEO

Chris Noone

7.17yrs

Tenure

AU$362,395

Compensation

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.


Leadership Team

Experienced Management: CL8's management team is seasoned and experienced (12 years average tenure).


Board Members

Experienced Board: CL8's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 136.6%.


Top Shareholders

Company Information

Carly Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Carly Holdings Limited
  • 189 Kent Street
  • Suite 3
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:04
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.