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Close the Loop Ltd.
(Sydney:CLG)
Close the Loop Ltd. (CLG) vs. iShares MSCI Australia ETF (EWA)
Close the Loop Ltd. Business Overview & Revenue Model
Close the Loop Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 195.14M | 195.14M | 212.96M | 135.93M | 70.13M | 26.81M |
| Gross Profit | 58.31M | 58.31M | 80.04M | 28.62M | 21.03M | 8.00M |
| EBITDA | 12.28M | 12.28M | 44.75M | 24.26M | 8.32M | 6.34M |
| Net Income | -22.19M | -22.19M | 10.95M | 12.24M | 4.60M | 4.25M |
Balance Sheet | ||||||
| Total Assets | 276.83M | 276.83M | 297.00M | 271.38M | 92.26M | 14.68M |
| Cash, Cash Equivalents and Short-Term Investments | 32.34M | 32.34M | 40.64M | 49.46M | 10.33M | 5.61M |
| Total Debt | 116.42M | 116.42M | 108.66M | 110.86M | 24.23M | 4.26M |
| Total Liabilities | 155.34M | 155.34M | 155.47M | 147.32M | 39.04M | 6.69M |
| Stockholders Equity | 120.70M | 120.70M | 140.91M | 123.54M | 52.90M | 7.98M |
Cash Flow | ||||||
| Free Cash Flow | 1.52M | 1.52M | 11.63M | 6.95M | -3.74M | 5.89M |
| Operating Cash Flow | 4.83M | 4.83M | 21.72M | 22.68M | -3.15M | 6.20M |
| Investing Cash Flow | -4.07M | -4.07M | -19.60M | -85.97M | -4.03M | -519.00K |
| Financing Cash Flow | -9.19M | -9.19M | -11.33M | 103.09M | 11.22M | -1.68M |
Close the Loop Ltd. Technical Analysis
Close the Loop Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
50 Neutral | AU$17.44M | 18.85 | 4.57% | 4.32% | -15.54% | -26.61% | |
46 Neutral | AU$5.40B | 34.28 | 5.08% | 2.32% | 2.39% | ― | |
42 Neutral | AU$17.61M | -0.79 | -12.78% | ― | -8.37% | -300.48% | |
42 Neutral | AU$52.01M | -5.95 | -164.39% | ― | ― | 15.66% | |
41 Neutral | AU$12.82M | -3.10 | ― | ― | -0.52% | -38.84% |
Close the Loop Ltd. Corporate Events
Close the Loop Limited has disclosed a change in the holdings of director Brendan Yee, involving both his direct and indirect interests in the company’s securities through entities he controls. The transaction reflects the conversion of 100,000 unlisted performance rights into fully paid ordinary shares at nil consideration, following the satisfaction of vesting conditions under the company’s performance rights plan, marginally increasing Yee’s shareholding and reducing his unlisted performance rights balance, a move that aligns director incentives more closely with ordinary shareholders and signals ongoing utilisation of equity-based remuneration structures.
The most recent analyst rating on (AU:CLG) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
Close the Loop Limited has disclosed a change in director Avikesh Nair’s interests, involving both direct and indirect holdings in the company’s securities through entities he controls. The change arises from the conversion of 200,000 unlisted performance rights held by AJKS Property Group Pty Ltd, a Nair-controlled entity, into 200,000 fully paid ordinary shares at nil consideration following satisfaction of vesting conditions, increasing his indirect shareholding to 950,000 shares while leaving 1,750,000 unlisted performance rights in AJKS Capital Pty Ltd unchanged; the transaction reflects the operation of the company’s performance rights plan and does not introduce new capital but shifts the mix of Nair’s equity from performance-based instruments to ordinary equity, clarifying his alignment with shareholder interests.
The most recent analyst rating on (AU:CLG) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
Close the Loop Ltd., a recycling and circular-economy services provider listed on the ASX, focuses on recovering materials for reuse across consumer packaging supply chains. The company lodged an Appendix 2A application for quotation of 1.7 million fully paid ordinary shares issued on 30 January 2026, signaling an expanded equity base that could enhance liquidity and support ongoing growth initiatives.
The most recent analyst rating on (AU:CLG) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
Close the Loop Ltd. has announced the lapse of 750,000 performance rights, identified under ASX code CLGAC, after the conditions attached to these rights were not met or became incapable of being satisfied as of 20 January 2026. The cessation of these conditional securities slightly reduces the company’s potential future issued capital and may marginally ease prospective dilution for existing shareholders, but does not involve any cash movement or immediate change to the company’s operating activities.
The most recent analyst rating on (AU:CLG) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
Close the Loop Limited has disclosed a change in director Brendan Yee’s interests in the company’s securities, following the lapse and cancellation of 900,000 unlisted performance rights previously held through entities he controls. The performance rights were cancelled at nil consideration after vesting conditions were not met or could no longer be satisfied, leaving Yee’s substantial holdings in fully paid ordinary shares unchanged but reducing his potential performance-based equity exposure, which marginally lowers prospective dilution for existing shareholders and adjusts the structure of his equity incentives without affecting current share capital.
The most recent analyst rating on (AU:CLG) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
Close the Loop Limited has disclosed a change in director Avikesh Nair’s interests, following the lapse and cancellation of 300,000 unlisted performance rights previously issued to AJKS Property Group Pty Ltd, an entity controlled by him. The rights were cancelled at nil consideration after vesting conditions were not satisfied, reducing Nair’s indirect performance rights holding via AJKS Property Group while leaving his direct shareholding and other indirect performance rights largely intact; the update reflects routine equity-based incentive adjustments rather than a cash transaction, with limited immediate implications for the company’s capital structure but signalling that certain performance hurdles under its incentive plan were not met.
The most recent analyst rating on (AU:CLG) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
Close the Loop Ltd. has announced the lapse of 3,450,000 performance rights (ASX code CLGAC) after the conditions attached to those rights were not, or could no longer be, satisfied as of 22 December 2025. The cessation of these conditional securities, disclosed in an Appendix 3H to the ASX, effectively reduces the company’s pool of potential equity-based remuneration or incentive securities, which may have implications for dilution expectations and indicates that certain performance hurdles or milestones tied to these rights were not achieved.
The most recent analyst rating on (AU:CLG) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
Close the Loop Ltd. has announced a change in its director’s interest in securities, with Avikesh Nair acquiring 1,500,000 unlisted performance rights through AJKS Capital Pty Ltd under a shareholder-approved plan. This adjustment indicates internal strategic movements within the company and showcases its effort to align leadership incentives with company performance, potentially enhancing shareholder value and influencing its market positioning.
The most recent analyst rating on (AU:CLG) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
Close the Loop Limited has announced the appointment of Brendan Yee as a director, effective December 5, 2025. Brendan Yee holds a significant number of shares in the company, both directly and indirectly through various entities, indicating a substantial vested interest in the company’s future performance.
The most recent analyst rating on (AU:CLG) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
Close the Loop Limited has appointed Brendan Yee as an executive director, enhancing the company’s board with his extensive expertise in the packaging industry. This strategic move is expected to strengthen the company’s packaging segment, which contributes significantly to its revenue, and support its ongoing strategic initiatives and business objectives.
The most recent analyst rating on (AU:CLG) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
Close the Loop Ltd. announced the resignation of Joseph Patrick Foster from its board of directors, effective November 20, 2025. Foster held significant shares and performance rights in the company, which may influence the company’s stock dynamics and investor relations. This change in leadership could impact the strategic direction and governance of the company, affecting stakeholders and potentially altering its market position.
The most recent analyst rating on (AU:CLG) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
Close the Loop Limited announced the results of its 2025 Annual General Meeting, where all resolutions were decided by a poll. Key outcomes included the re-election of Sammy Saloum as a director and the approval of the Performance Rights Plan, while the resolution for Joe Foster’s election was withdrawn. These decisions reflect the company’s ongoing commitment to its governance and strategic initiatives, potentially impacting its market positioning and stakeholder relations.
The most recent analyst rating on (AU:CLG) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
Close the Loop Limited reported a strong start to FY26, with improvements in both its Resource Recovery and Packaging divisions. The company has seen increased revenue and EBITDA, driven by new product lines, cost controls, and strategic divestments. The divestment of non-core assets like Alliance Paper and O F Flexo supports a more focused business model. The company is also undergoing leadership changes, with key directors stepping down, and remains committed to improving shareholder value and reducing debt.
The most recent analyst rating on (AU:CLG) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.