Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non Executive Director Louise McElvogue was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non Executive Director Louise McElvogue was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Nov 06
Cluey Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.490484 million. Cluey Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.490484 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 64,149,771
Price\Range: AUD 0.07
Transaction Features: Rights Offering Duyuru • Oct 03
Cluey Ltd, Annual General Meeting, Nov 06, 2025 Cluey Ltd, Annual General Meeting, Nov 06, 2025. Location: level 31, 1 o connell street, sydney, nsw Australia Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non Executive Director Louise McElvogue was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Oct 07
Cluey Ltd, Annual General Meeting, Nov 07, 2024 Cluey Ltd, Annual General Meeting, Nov 07, 2024. Location: at level 31, 1 oconnell street, sydney, nsw Australia New Risk • Sep 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 76% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 4.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Market cap is less than US$10m (AU$9.38m market cap, or US$6.27m). Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.068 loss per share (vs AU$0.13 loss in FY 2023) Full year 2024 results: AU$0.068 loss per share (improved from AU$0.13 loss in FY 2023). Revenue: AU$30.0m (down 24% from FY 2023). Net loss: AU$13.4m (loss narrowed 30% from FY 2023). Duyuru • Jul 26
Cluey Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.536305 million. Cluey Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.536305 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 151,210,176
Price\Range: AUD 0.03
Transaction Features: Rights Offering Board Change • May 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non Executive Director Louise McElvogue was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Apr 04
New major risk - Revenue and earnings growth Earnings have declined by 8.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$15m free cash flow). Shares are highly illiquid. Earnings have declined by 8.9% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AU$18.3m market cap, or US$12.0m). New Risk • Mar 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$13.7m (US$9.02m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$15m free cash flow). Shares are highly illiquid. Market cap is less than US$10m (AU$13.7m market cap, or US$9.02m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$3.7m net loss in 2 years). Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Breakeven Date Change • Feb 06
No longer forecast to breakeven The analyst covering Cluey no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$2.10m in 2026. New forecast suggests the company will make a loss of AU$1.50m in 2026. New Risk • Dec 06
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$18m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$18m free cash flow). Shares are highly illiquid. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$1.5m net loss in 3 years). Shareholders have been diluted in the past year (48% increase in shares outstanding). Market cap is less than US$100m (AU$16.8m market cap, or US$11.0m). Board Change • Nov 30
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 4 experienced directors. No highly experienced directors. Co-Founder & Executive Deputy Chairman Mark Rohald is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Nov 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.4m (US$9.39m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (AU$14.4m market cap, or US$9.39m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$18m). Currently unprofitable and not forecast to become profitable over next 3 years (AU$1.5m net loss in 3 years). Shareholders have been diluted in the past year (48% increase in shares outstanding). Board Change • Oct 31
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 4 experienced directors. No highly experienced directors. Co-Founder & Executive Deputy Chairman Mark Rohald is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Oct 09
Cluey Ltd, Annual General Meeting, Nov 09, 2023 Cluey Ltd, Annual General Meeting, Nov 09, 2023, at 11:01 AUS Eastern Standard Time. Location: Level 31, 1 O'Connell Street Sydney New South Wales Australia Agenda: To consider adoption of Remuneration Report; to consider re-election of Ian Young as Director; to consider ASX Listing Rule 7.1A Approval of Future Issue of Securities; to consider ratification of Prior Issue of Placement Shares; to consider approval of 2023 Omnibus Incentive Plan; to consider approval of Issue of Options to Mark Rohald, Director of the Company; and to consider approval of Issue of Performance Rights to Mark Rohald, Director of the Company. Breakeven Date Change • Aug 29
Forecast to breakeven in 2026 The 2 analysts covering Cluey expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 63% per year to 2025. The company is expected to make a profit of AU$2.10m in 2026. Average annual earnings growth of 91% is required to achieve expected profit on schedule. Reported Earnings • Aug 29
Full year 2023 earnings released: AU$0.13 loss per share (vs AU$0.16 loss in FY 2022) Full year 2023 results: AU$0.13 loss per share (improved from AU$0.16 loss in FY 2022). Revenue: AU$39.4m (up 15% from FY 2022). Net loss: AU$19.2m (loss narrowed 8.1% from FY 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Services industry in Australia. Board Change • Aug 25
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Co-Founder & Executive Deputy Chairman Mark Rohald is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Aug 16
Cluey Ltd to Report Fiscal Year 2023 Results on Aug 29, 2023 Cluey Ltd announced that they will report fiscal year 2023 results on Aug 29, 2023 Board Change • Aug 10
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Co-Founder & Executive Deputy Chairman Mark Rohald is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Jun 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.6m (US$9.82m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$19m free cash flow). Shares are highly illiquid. Market cap is less than US$10m (AU$14.6m market cap, or US$9.82m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$3.9m net loss in 2 years). Shareholders have been diluted in the past year (48% increase in shares outstanding). Board Change • Jun 05
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Co-Founder & Executive Deputy Chairman Mark Rohald is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • May 02
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Co-Founder & Executive Deputy Chairman Mark Rohald is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Mar 30
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Co-Founder & Executive Deputy Chairman Mark Rohald is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Mar 30
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Co-Founder & Executive Deputy Chairman Mark Rohald is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 