Candy Club Holdings Ltd. (SCP) AI Stock Analysis

• Market Cap: AU$10.47M
• Dividend Yield: N/A
• Average Volume (3M): 32.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.05
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Investment - Banking & Investment Services
• EPS (TTM): >-0.01
• Shares Outstanding: 143,404,600
• 10 Day Avg. Volume: 14,821
• 30 Day Avg. Volume: 32,145
• PEG Ratio: 0.01
• Price to Book (P/B): 0.89
• Price to Sales (P/S): 6.69
• P/FCF Ratio: -156.89
• 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: 59 Neutral
• Price Target: AU$0.08 ▼(-24.00% Downside)
• Action: Reiterated Date: 02/04/26
• Date: Action: Reiterated 02/04/26

The score is supported primarily by strong reported revenue growth and profitability, alongside a reasonably balanced leverage profile. It is held back by negative and worsening free cash flow (raising sustainability risk), weak technical trend/momentum (below key moving averages with negative MACD), and limited valuation clarity due to a negative P/E and no dividend yield data.

Positive Factors

Strong Revenue Growth

Sustained 47.3% top-line growth indicates effective market penetration and rising customer adoption. Over 2-6 months this supports scalable unit economics, funds reinvestment into distribution or product, and creates a structural base for continued margin expansion if execution remains consistent.

High Profitability & Margins

Very high gross and operating margins point to strong pricing power, low variable costs or differentiated offering. Structurally, such unit economics provide buffer against cost shocks and support reinvestment and debt servicing, assuming margins are maintained through product or market advantages.

Balanced Leverage & Return on Equity

A moderate D/E of 0.55 with a healthy ROE and positive operating cash coverage suggests disciplined capital structure and decent profit conversion. This combination supports financing flexibility and capital allocation for growth over the medium term, provided cash generation stabilizes.

Negative Factors

Negative and Deteriorating Free Cash Flow

A sharp deterioration in free cash flow (-121.76%) points to weakening liquidity and a gap between accounting profits and cash realization. Over months this raises sustainability risk for capex, debt servicing and dividends, and may force external financing or slower investment.

Earnings Volatility

Historical net income volatility undermines predictability of future profits and complicates budgeting and investor visibility. Structurally, this can limit ability to commit to multi-year investments or covenants and raises execution risk despite current strong margins.

Balance Sheet Not Standout; Needs Monitoring

While leverage is moderate, the assessment that the balance sheet is "solid but not standout" implies limited cushion against shocks. Coupled with negative FCF, even moderate debt can constrain flexibility, increasing refinancing or covenant risk over the medium term if cash flows don't improve.

Candy Club Holdings Ltd. Business Overview & Revenue Model

Company Description

Scalare Partners is a dynamic force in the tech start-up landscape, empowering visionary technology founders to transform their ideas into successful businesses. They offer hands-on guidance and support through scale-up services, expert advice, and tailored investments. Beyond traditional roles, Scalare actively engages in the broader technology ecosystem, driving change through initiatives like the Australian Technology Competition and the "Be the Change" program, fostering a thriving international tech community.

How the Company Makes Money

Candy Club Holdings Ltd. generates revenue through multiple streams, primarily from its subscription box service, where customers pay a recurring fee for monthly deliveries of assorted candies. Additionally, the company earns revenue through direct sales to retailers, providing them with bulk quantities of candy to stock their shelves. Key partnerships with candy manufacturers and suppliers allow Candy Club to secure exclusive products and competitive pricing, enhancing its market presence and profit margins. Seasonal promotions and targeted marketing campaigns also contribute to increased sales during peak times, such as holidays and special events.

Candy Club Holdings Ltd. Financial Statement Overview

Summary

Income statement strength (Score: 85) is driven by strong revenue growth (+47.3%) and high profitability (gross margin 64.06%, net margin 55.63%, EBIT/EBITDA margin 73.01%). Balance sheet is solid but not standout (Score: 70) with moderate leverage (debt-to-equity 0.55) and good ROE (14.17%). Cash flow is the key drag (Score: 60) due to negative free cash flow and sharp deterioration (FCF growth -121.76%) despite positive operating cash flow coverage (1.11).

Income Statement

Candy Club Holdings Ltd. has demonstrated strong revenue growth with a 47.3% increase in the latest year, significantly boosting its gross and net profit margins to 64.06% and 55.63%, respectively. The EBIT and EBITDA margins are also robust at 73.01%, indicating efficient operational performance. However, the company experienced fluctuations in net income in previous years, which could pose a risk if not managed carefully.

Balance Sheet

The company's debt-to-equity ratio stands at a moderate 0.55, reflecting a balanced approach to leverage. Return on equity is strong at 14.17%, indicating effective use of equity to generate profits. However, the equity ratio is not explicitly calculated, and the company should monitor its debt levels to maintain financial stability.

Cash Flow

Operating cash flow is positive, with a coverage ratio of 1.11, suggesting adequate cash generation relative to net income. However, the free cash flow is negative, with a concerning growth rate of -121.76%, indicating potential liquidity issues. The company needs to address its cash flow management to ensure long-term sustainability.

Breakdown	TTM	Jun 2025	Dec 2024	Dec 2023	Jun 2023	Dec 2021
Income Statement
Total Revenue	389.80M	382.00M	372.10M	363.70M	311.80M	329.70M
Gross Profit	259.90M	244.70M	231.80M	235.70M	194.40M	229.60M
EBITDA	222.90M	278.90M	241.40M	240.60M	175.10M	146.20M
Net Income	310.70M	212.50M	17.30M	-123.60M	487.10M	462.90M
Balance Sheet
Total Assets	4.76B	4.59B	4.55B	4.62B	4.70B	4.21B
Cash, Cash Equivalents and Short-Term Investments	24.60M	8.50M	19.40M	31.90M	8.70M	11.60M
Total Debt	1.63B	1.57B	1.58B	1.52B	1.38B	1.34B
Total Liabilities	1.81B	1.73B	1.74B	1.69B	1.56B	1.48B
Stockholders Equity	2.95B	2.86B	2.81B	2.93B	3.13B	2.72B
Cash Flow
Free Cash Flow	4.00M	-16.30M	182.80M	176.80M	179.40M	145.00M
Operating Cash Flow	164.20M	154.40M	182.80M	176.80M	179.40M	145.00M
Investing Cash Flow	-45.50M	10.60M	-90.60M	-207.20M	-129.80M	-324.90M
Financing Cash Flow	-123.80M	-175.90M	-96.60M	45.50M	-52.50M	187.70M

Candy Club Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SCP, the sentiment is Negative. The current price of 0.1 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.09, and below the 200-day MA of 0.11, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.71 is Neutral, neither overbought nor oversold. The STOCH value of 4.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SCP.

Candy Club Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
SCP	59 Neutral	AU$10.47M	-4.35	―	―	―	―
SKN	45 Neutral	AU$18.00M	―	―	―	12.92%	34.21%
OMG	42 Neutral	AU$7.57M	-3.85	-77.48%	―	63.30%	70.00%

Candy Club Holdings Ltd. Corporate Events

Candy Club scales unified founder platform as revenue surges in H1 FY26

Candy Club Holdings, via Scalare Partners, has built a scaled and integrated founder platform that supported more than 956 founders over the past 12 months through programs, memberships and commercial services. Following three strategic acquisitions – Inhouse Ventures, Tank Stream Labs and Planet Startup – the group has transitioned from discrete assets to a single ecosystem anchored by its new Founders Union platform.

For the first half of FY26, the company reported total revenue of $7.1 million, up 360 per cent on the prior corresponding period, and a portfolio value of $11.9 million, with net assets rising 35 per cent to $18.2 million. Management highlights a unified brand and operating model, tighter financial governance and expanded leadership as foundations for operating leverage and margin expansion, signalling a push to scale the platform and deepen its role in the founder and innovation landscape.

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

Scalare Partners’ Acquisitions and Ecosystem Strategy Drive 360% Revenue Surge and Positive Cash Flow

Scalare Partners reported a sharp uplift in first-half FY26 performance, with revenue surging 360% year-on-year to $7.13 million as recent acquisitions and an integrated founder ecosystem strategy took hold. The company posted its first positive operating cash flow of $632,000 and narrowed its net loss to $371,000, underpinned by $1.65 million in annualised revenue synergies and disciplined cost control.

The integration of coworking provider Tank Stream Labs and CFO services firm Planet Startup has materially expanded Scalare’s recurring revenue base and cross-sell potential, while new Sydney campuses at Martin Place and 333 Kent Street deepen its national infrastructure. The launch of The Founders Union and a record response to the Australian Technologies Competition further strengthen deal flow and ecosystem reach, positioning Scalare as a growing hub for investment-ready ventures and enhancing long-term value prospects for its stakeholder base.

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

Scalare Partners Lifts Revenue but Stays in the Red Amid Acquisition-Driven Losses

Scalare Partners Holdings Limited reported a sharp 369.7% rise in revenue to $5.49 million for the half year to 31 December 2025, but remained loss-making with a net loss attributable to owners of $371,319, although basic earnings per share improved to a smaller loss of 0.30 cents from 1.67 cents. Net tangible assets per share fell significantly to 4.50 cents from 14.84 cents, no dividends were declared, and the company’s auditors flagged a material uncertainty regarding its ability to continue as a going concern.

During the period Scalare gained control of Tank Stream Labs Pty Ltd and Planet Startup Pty Ltd, whose combined contribution was a $920,728 loss before tax, highlighting the earnings drag from newly consolidated entities even as they may support longer-term strategic growth. The absence of a dividend reinvestment plan and the going-concern uncertainty underscore ongoing balance sheet and profitability pressures for shareholders while the group integrates these acquisitions and seeks to translate higher revenues into sustainable profits.

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

Scalare Partners sets date for 1H FY26 results and investor webinar

Scalare Partners Holdings Ltd., an ASX-listed technology accelerator, supports early-stage technology companies with tailored products, services, advisory support and selective direct investment. It focuses on the Australian and U.S. technology sectors while building a geographically diverse portfolio across multiple regions and actively backs initiatives that promote female and culturally diverse founders.

The company will release its half-year results for the period to 31 December 2025 on 27 February 2026 and host an investor and analyst webinar on 3 March 2026, led by its CEO and an executive director. The upcoming briefing is expected to provide stakeholders with an update on operational and investment performance, reinforcing Scalare Partners’ positioning within the tech startup ecosystem and its strategic focus on inclusive, early-stage growth.

The most recent analyst rating on (AU:SCP) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Candy Club Holdings Ltd. stock, see the AU:SCP Stock Forecast page.

Scalare Partners Surges on Q2 Revenue Jump and Ecosystem Integration Gains

Scalare Partners reported a sharp acceleration in growth for the December 2025 quarter, with quarterly cash receipts jumping 231% to $4.58 million and operating cash flow swinging to a positive $2.14 million as the first full-quarter contributions from Tank Stream Labs and Planet Startup flowed through. The company highlighted rising revenue synergies across the group, the expansion of Tank Stream Labs’ Sydney footprint and the successful launch of The Founders Union as key drivers of its expanding, integrated ecosystem, which management says is improving scale efficiencies, strengthening recurring revenue and cash generation, and creating a more robust, lower-risk deal pipeline for technology investments, despite a modest cash balance of $867,000 at quarter end.

The most recent analyst rating on (AU:SCP) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Candy Club Holdings Ltd. stock, see the AU:SCP Stock Forecast page.

Scalare Partners Options Lapse Following December Expiry

Scalare Partners Holdings Limited has confirmed the cessation of a series of listed options (ASX code SCPAQ) that expired on 22 December 2025 with an exercise price of $168. The expiry and lapse of these 805 options marginally simplifies the company’s capital structure and removes a potential source of future share dilution, clarifying the equity profile for existing and prospective investors.

The most recent analyst rating on (AU:SCP) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Candy Club Holdings Ltd. stock, see the AU:SCP Stock Forecast page.

Scalare Partners Corrects Director’s Interest Notice Date

Scalare Partners Holdings Limited announced a correction to a previously lodged document regarding a change in director’s interest, clarifying the correct date of change as 5 December 2025. This correction does not alter any other details of the notice and has been approved for release by the Company Secretary.

The most recent analyst rating on (AU:SCP) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Candy Club Holdings Ltd. stock, see the AU:SCP Stock Forecast page.

Scalare Partners Director Increases Stake Through Share and Rights Acquisition

Neil Carter, a director at Scalare Partners Holdings Limited, has increased his holdings by acquiring 240,240 fully paid ordinary shares and 470,321 performance rights, following shareholder approval. This change, effective December 5, 2025, reflects a strategic move to issue shares and performance rights in lieu of fees, potentially impacting the company’s governance and aligning director interests with shareholder value.

The most recent analyst rating on (AU:SCP) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Candy Club Holdings Ltd. stock, see the AU:SCP Stock Forecast page.

Scalare Partners Updates Director’s Shareholdings

Scalare Partners Holdings Limited has announced a change in the director’s interest notice for James Lougheed. The change involves the acquisition of 513,440 fully paid ordinary shares and 862,446 performance rights, issued in lieu of fees following shareholder approval. This adjustment in holdings reflects a strategic move by the company to align director interests with shareholder value, potentially impacting the company’s governance and stakeholder confidence.

The most recent analyst rating on (AU:SCP) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Candy Club Holdings Ltd. stock, see the AU:SCP Stock Forecast page.

Candy Club Holdings Ltd. Announces Director’s Interest Change

Candy Club Holdings Ltd. announced a change in the director’s interest notice, specifically involving Giles Bourne, a director of Scalare Partners Holdings Limited. This change was due to the acquisition of 486,250 fully paid ordinary shares at $0.12 per share, increasing the indirect holdings via Chalke Valley Pty Ltd to 11,479,067 shares. The shares were issued in lieu of fees following shareholder approval on November 27, 2025, which may impact the company’s governance and shareholder dynamics.

The most recent analyst rating on (AU:SCP) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Candy Club Holdings Ltd. stock, see the AU:SCP Stock Forecast page.

Scalare Partners Updates Director’s Securities Holdings

Scalare Partners Holdings Limited has announced a change in the director’s interest, specifically for Director Beau Quarry. On December 5, 2025, Beau Quarry acquired 240,240 Fully Paid Ordinary Shares and 470,321 Performance Rights, which were issued in lieu of fees following shareholder approval on November 27, 2025. This change reflects the company’s ongoing adjustments in director compensation and could impact shareholder perceptions and director alignment with company interests.

The most recent analyst rating on (AU:SCP) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Candy Club Holdings Ltd. stock, see the AU:SCP Stock Forecast page.

Scalare Partners Announces Director’s Interest Change

Scalare Partners Holdings Limited has announced a change in the director’s interest, specifically for Director Adelle Howse. The change involves the acquisition of 376,027 Fully Paid Ordinary Shares and 470,321 Performance Rights, following shareholder approval on November 27, 2025. This adjustment reflects a strategic decision to issue shares and performance rights in lieu of fees, potentially impacting the company’s financial structure and stakeholder interests.

The most recent analyst rating on (AU:SCP) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Candy Club Holdings Ltd. stock, see the AU:SCP Stock Forecast page.

Scalare Partners Issues New Shares in Lieu of Directors’ Fees

Scalare Partners Holdings Limited has issued 3,884,854 new fully paid ordinary shares as shares in lieu of Directors’ Fees, following approval at the 2025 Annual General Meeting. This move, compliant with the Corporations Act 2001, reflects Scalare’s commitment to maintaining transparency and fulfilling its financial obligations without requiring additional disclosure, potentially enhancing its operational flexibility and stakeholder trust.

The most recent analyst rating on (AU:SCP) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Candy Club Holdings Ltd. stock, see the AU:SCP Stock Forecast page.

Scalare Partners Holdings Limited Announces Quotation of New Securities

Scalare Partners Holdings Limited has announced the quotation of 3,884,854 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code SCP. This move is part of a previously announced transaction, and it reflects the company’s ongoing efforts to enhance its market presence and liquidity, potentially benefiting stakeholders by increasing the availability of its shares in the market.

The most recent analyst rating on (AU:SCP) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Candy Club Holdings Ltd. stock, see the AU:SCP Stock Forecast page.