Cluey Ltd (CLU) AI Stock Analysis

• Market Cap: AU$17.66M
• Dividend Yield: N/A
• Average Volume (3M): 21.02K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.41
• Revenue Growth: -14.55%
• EPS Growth: 70.98%
• Country: AU
• Employees: 105
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Education & Training Services
• EPS (TTM): >-0.01
• Shares Outstanding: 416,973,500
• 10 Day Avg. Volume: 42,678
• 30 Day Avg. Volume: 21,023
• PEG Ratio: 0.06
• Price to Book (P/B): 5.99
• Price to Sales (P/S): 0.93
• P/FCF Ratio: -7.49
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• Price Target: AU$0.05 ▼(-16.67% Downside)
• Action: Downgraded Date: 02/10/26
• Date: Action: Downgraded 02/10/26

The score is weighed down primarily by weak financial performance (declining revenue, ongoing losses, and negative operating/free cash flow) and very bearish technical momentum (price below all key moving averages with negative MACD and extremely low RSI). Valuation offers limited support due to negative earnings and no stated dividend yield.

Positive Factors

Low Leverage

A low debt-to-equity ratio reduces financial strain and interest burden, giving management flexibility to fund operations, invest in product and marketing, or withstand revenue volatility. This conservatism supports survival and strategic initiatives over the next several months.

Scalable Digital Platform

A curriculum-aligned, live tutoring platform is inherently scalable: incremental cost per student is lower than for physical delivery. That structural leverage can improve unit economics as utilization rises, enabling sustainable growth if customer acquisition and retention stabilize.

Direct-to-Consumer Recurring Revenue

DTC subscription or prepaid models provide recurring cash flows and customer lifetime value visibility. Durable revenue streams support planning and allow targeted retention initiatives; if churn is managed, recurring revenue can underpin mid-term profitability improvements.

Negative Factors

Declining Revenues & Negative Margins

Falling top-line and sustained negative margins indicate the core business is not yet profitable at scale. This reduces internal reinvestment capacity, undermines unit economics, and increases dependence on external funding unless revenue trends and margin conversion improve materially.

Negative Operating and Free Cash Flow

Persistent negative operating and free cash flows constrain the company’s ability to invest in product, marketing, and tutor supply without raising capital. Continued cash burn raises liquidity and execution risk and limits strategic optionality over the medium term.

Very Poor Return on Equity

An extremely negative ROE signals that shareholder capital is being eroded rather than deployed profitably. This weakens investor confidence, makes equity raises dilutive, and reflects structural problems converting revenue into shareholder value absent clear corrective strategy.

Cluey Ltd Business Overview & Revenue Model

Company Description

Cluey Ltd, an education technology company, provides online tutoring, learning support, and co/extracurricular services in Australia. The company offers tutoring services in the areas of English, mathematics, and chemistry for primary, secondary, and senior-level students through its online tutoring platform. Cluey Ltd was incorporated in 2017 and is headquartered in Sydney, Australia.

How the Company Makes Money

Cluey Ltd generates revenue through a subscription-based model, where customers pay for access to various tutoring packages and learning resources. Key revenue streams include one-on-one tutoring sessions, group classes, and subscription plans that provide ongoing access to educational content and support. Additionally, Cluey Ltd may partner with educational institutions and organizations to offer tailored solutions, further enhancing its revenue potential. These partnerships can lead to bulk subscription deals or sponsored programs, contributing significantly to the company's earnings.

Cluey Ltd Financial Statement Overview

Summary

Weak fundamentals: declining revenue (-2.04%), persistent losses (net margin -21.62%) and negative EBIT/EBITDA. Balance sheet leverage is low (debt-to-equity 0.24) but returns are very poor (ROE -139.47%). Cash flow is also pressured with negative operating and free cash flow and sharply negative FCF growth (-43.18%).

Income Statement

Cluey Ltd has been experiencing declining revenue with a negative growth rate of -2.04% in the most recent year. The company has consistently reported negative net profit margins, with the latest at -21.62%, indicating ongoing profitability challenges. Gross profit margins have slightly improved but remain weak. Overall, the income statement reflects significant financial struggles with negative EBIT and EBITDA margins.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio of 0.24, suggesting limited leverage, which is a positive aspect. However, the return on equity is significantly negative at -139.47%, indicating poor returns for shareholders. The equity ratio is not calculated due to missing data, but the overall financial health appears weak due to ongoing losses.

Cash Flow

Cluey Ltd's cash flow statement reveals negative operating cash flow and free cash flow, with a significant decline in free cash flow growth of -43.18%. The operating cash flow to net income ratio is negative, reflecting cash flow challenges. Despite a free cash flow to net income ratio above 1, the overall cash flow situation remains concerning.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	25.22M	25.61M	29.97M	39.36M	34.26M	10.07M
Gross Profit	8.17M	14.63M	17.47M	-1.52M	-3.80M	-2.71M
EBITDA	-4.37M	-4.82M	-8.70M	-15.86M	-19.52M	-11.81M
Net Income	-5.61M	-5.54M	-13.44M	-19.21M	-20.90M	-11.91M
Balance Sheet
Total Assets	12.82M	11.93M	11.05M	26.14M	36.41M	30.52M
Cash, Cash Equivalents and Short-Term Investments	5.97M	4.67M	4.46M	14.70M	23.96M	28.03M
Total Debt	1.39M	941.00K	81.00K	391.00K	673.51K	0.00
Total Liabilities	6.73M	7.96M	6.28M	8.43M	9.72M	4.94M
Stockholders Equity	6.09M	3.97M	4.77M	17.71M	26.69M	25.58M
Cash Flow
Free Cash Flow	-2.78M	-3.17M	-9.88M	-17.90M	-17.57M	-10.93M
Operating Cash Flow	-2.77M	-3.14M	-8.42M	-15.20M	-15.24M	-10.09M
Investing Cash Flow	-792.00K	-674.00K	-1.47M	7.30M	-12.32M	-833.00K
Financing Cash Flow	4.05M	4.04M	-321.00K	8.63M	13.49M	28.25M

Cluey Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CLU, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 23.87 is Positive, neither overbought nor oversold. The STOCH value of -13.69 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CLU.

Cluey Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EDU	73 Outperform	AU$79.34M	8.09	60.13%	1.17%	120.57%	―
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
3PL	53 Neutral	AU$122.81M	119.49	0.15%	―	-1.08%	―
KME	48 Neutral	AU$30.21M	4.70	10.80%	1.67%	-2.81%	-503.02%
NXD	45 Neutral	AU$41.16M	-25.24	-53.18%	―	-13.91%	53.37%
AKG	45 Neutral	AU$14.59M	-4.84	-7.51%	―	1.42%	86.97%
CLU	38 Underperform	AU$17.66M	-2.37	-126.76%	―	-14.55%	70.98%

Cluey Ltd Corporate Events

Cluey Tightens Cash Outflows, Raises Capital and Advances AI Strategy in Soft Q2

Cluey Ltd reported its Q2 FY26 results for the quarter ended 31 December 2025, a seasonally softer period at the end of the academic year, highlighting a strong 59.0% group gross profit margin and continued investment in AI-driven Cluey+ products ahead of their planned February 2026 launch. The company signed a binding agreement to acquire Education Futures Group, owner of the Art of Smart group, completed a fully underwritten entitlement offer raising $4.5 million gross, and improved operating cash outflow by 13% to -$2.2 million versus the prior corresponding period, though it still posted an underlying EBITDA loss of $1.003 million amid lower enrolments and higher marketing spend in preparation for the new school year.

The most recent analyst rating on (AU:CLU) stock is a Sell with a A$0.06 price target. To see the full list of analyst forecasts on Cluey Ltd stock, see the AU:CLU Stock Forecast page.

Cluey Ltd Announces Lapse of 795,000 Conditional Options

Cluey Ltd has reported a change in its issued capital structure, notifying the cessation of a class of options listed on the ASX. The company confirmed that 795,000 CLUAP options, which were due to expire on 30 November 2028 with an exercise price of $0.15, have lapsed as the conditions attached to these securities were not met or have become incapable of being satisfied as of 31 December 2025, signalling a reduction in potential future equity dilution for existing shareholders.

The most recent analyst rating on (AU:CLU) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Cluey Ltd stock, see the AU:CLU Stock Forecast page.

Cluey Director Robert Gavshon Lifts Shareholding in Company

Cluey Ltd has disclosed a change in director’s interests, reporting that director Robert Gavshon has increased his combined direct and indirect holding in the company. Following an acquisition of 4,259,912 ordinary shares valued at approximately $298,194 on 16 December 2025, Gavshon’s total stake has risen from 23,429,502 to 27,689,414 shares, signalling a strengthened insider position that may be closely watched by investors for indications of management’s confidence in the company’s prospects.

The most recent analyst rating on (AU:CLU) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Cluey Ltd stock, see the AU:CLU Stock Forecast page.

Cluey Ltd Reports Director Mark Rohald’s Increased Shareholding

Cluey Ltd has announced a significant change in Director Mark Rohald’s interest in the company, with the acquisition of over 9.6 million ordinary shares valued at $676,356.66. This move not only increases the director’s stake in the company but also underscores growing confidence in its prospects, potentially strengthening Cluey’s industry positioning and signaling positive implications for investors and stakeholders.

The most recent analyst rating on (AU:CLU) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Cluey Ltd stock, see the AU:CLU Stock Forecast page.

Cluey Ltd Announces Quotation of New Securities on ASX

Cluey Ltd has announced the quotation of 64,149,771 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of December 16, 2025. This move is part of previously announced transactions and could potentially enhance the company’s liquidity and market presence, offering stakeholders increased opportunities for investment and engagement.

The most recent analyst rating on (AU:CLU) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Cluey Ltd stock, see the AU:CLU Stock Forecast page.

Cluey Ltd Successfully Completes $4.5 Million Entitlement Offer

Cluey Ltd announced the successful results of its $4.5 million entitlement offer, with 58 eligible shareholders subscribing for over 25 million new shares at $0.07 each. The shortfall of nearly 39 million shares was managed by the Lead Manager, and the new shares are set to be issued and commence trading on the ASX by mid-December 2025, potentially strengthening Cluey’s market position and operational capacity.

The most recent analyst rating on (AU:CLU) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Cluey Ltd stock, see the AU:CLU Stock Forecast page.

Cluey Ltd to Acquire Education Futures Group, Expanding Edtech Footprint

Cluey Ltd has announced a binding share purchase agreement to acquire Education Futures Group, the holding company of the Art of Smart group of companies. The acquisition, valued at up to $6.5 million, is structured as a part-cash and part-scrip completion and earnout payment. The completion of this acquisition is contingent upon certain conditions, and Cluey plans to use funds raised from an Entitlement Offer to finance the acquisition. This strategic move is expected to enhance Cluey’s market position in the Edtech industry by expanding its service offerings and operational capabilities.

The most recent analyst rating on (AU:CLU) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Cluey Ltd stock, see the AU:CLU Stock Forecast page.

Cluey Ltd Launches $4.5 Million Entitlement Offer

Cluey Ltd has announced the dispatch of its offer booklet for a fully underwritten non-renounceable entitlement offer aimed at raising approximately $4.5 million. The offer is open to eligible shareholders and is expected to close on 10 December 2025. This initiative is part of Cluey’s strategic efforts to bolster its financial position and enhance its market presence in the education technology sector.