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Carly Holdings Reports Revenue Growth Amidst Increased Losses

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Carly Holdings Reports Revenue Growth Amidst Increased Losses

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Carly Holdings Limited ( (AU:CL8) ) has shared an update.

Carly Holdings Limited reported a 34.3% increase in revenue to $2,179,772 for the half year ending December 31, 2024, compared to the previous year. Despite the revenue growth, the company experienced a 9.3% increase in net loss, amounting to $2,339,510. The interim financial review highlighted a material uncertainty regarding the company’s ability to continue as a going concern, although the directors remain confident in meeting financial obligations.

More about Carly Holdings Limited

Carly Holdings Limited operates in the automotive industry, focusing on providing vehicle subscription services. The company aims to offer flexible and convenient car access solutions, catering to a market that values mobility without the long-term commitment of ownership.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.49M

See more data about CL8 stock on TipRanks’ Stock Analysis page.

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