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Cycliq Group Ltd ( (AU:CYQ) ) has issued an announcement.
Cycliq Group Ltd reported strong year-end results with a 7% increase in customer receipts, totaling $4.8 million, and a net operating cash inflow of $141,000, indicating improved operational efficiency. The company saw significant growth in Q4 FY25, driven by successful sales events and an increase in average order value. Looking forward, Cycliq plans to enhance its e-commerce platform and build inventory for the upcoming Cyber November sales, aiming to support its growth objectives for FY2026.
More about Cycliq Group Ltd
Cycliq Group Ltd is an Australian-based company specializing in smart safety, action, and sport cycling products. It manufactures and markets the Fly6 and Fly12, which are all-in-one light and camera safety systems. Cycliq operates in Australia and China, selling directly to consumers via its website and Amazon, and through a network of over 6,000 retail points in the USA, UK, EU, and Asia-Pacific. Since its founding in 2012, Cycliq has shipped over 200,000 products to more than 50 countries.
Current Market Cap: A$1.38M
See more data about CYQ stock on TipRanks’ Stock Analysis page.