Candy Club Holdings Ltd. (SCP) AI Stock Analysis

• Market Cap: AU$15.77M
• Dividend Yield: N/A
• Average Volume (3M): 32.15K
• Price to Earnings (P/E): 3.8
• Beta (1Y): -0.80
• 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: 62 Neutral
• Price Target: AU$0.09 ▼(-15.00% Downside)
• Action: Reiterated Date: 03/04/26
• Date: Action: Reiterated 03/04/26

The score is primarily supported by strong profitability and rapid revenue growth, plus a moderate leverage profile. Offsetting this are negative free cash flow (cash-flow risk) and weak-to-mixed technicals with negative MACD, while valuation is pressured by a negative P/E and no dividend yield data.

Positive Factors

High Revenue Growth

A 47.3% revenue increase indicates durable top-line momentum and successful customer adoption or market expansion. Sustained high revenue growth supports reinvestment, scale economics and the ability to fund strategic initiatives over the next several quarters if execution remains consistent.

Very High Profit Margins

Exceptionally high gross and operating margins point to strong unit economics and pricing power or low variable costs. Durable margin structure provides resilience versus competitors, funds reinvestment and increases the margin of safety for profitability through business cycles.

Balanced Leverage and Solid ROE

A moderate D/E of 0.55 with a 14.17% ROE signals efficient capital use and a balanced capital structure. This combination supports growth financing without excessive leverage risk and offers room to pursue M&A or capex while retaining financial flexibility over the medium term.

Negative Factors

Negative Free Cash Flow

A severe decline in free cash flow (-121.76%) is a structural red flag for liquidity and sustainability. Even with strong accounting profits, persistent negative FCF can constrain capex, debt servicing and growth investments, forcing reliance on external funding or asset sales.

Earnings Volatility

Historical net income fluctuations reduce predictability of future earnings and complicate budgeting, credit assessment and investor confidence. Volatility increases the risk that strong recent margins may be cyclical rather than a stable baseline for multi-quarter planning.

Modest Cash Coverage Despite Positive OCF

Operating cash flow only modestly covers net income (coverage 1.11) and cash-flow quality is middling. That limited cushion, combined with negative FCF, suggests constrained financial flexibility and higher refinancing or working-capital risk if revenues or margins weaken.

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) shows strong revenue growth (+47.3%) and very high margins, supported by a balanced leverage profile on the balance sheet (score 70, debt-to-equity 0.55). This is tempered by weaker cash-flow quality (score 60) due to negative free cash flow and sharp deterioration, which raises sustainability and liquidity risk.

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SCP, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and below the 200-day MA of 0.11, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 65.73 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	62 Neutral	AU$15.77M	3.79	10.68%	―	―	―
SKN	45 Neutral	AU$18.00M	-0.26	2542.90%	―	12.92%	34.21%
OMG	42 Neutral	AU$8.52M	-4.69	-35.12%	―	63.30%	70.00%

Candy Club Holdings Ltd. Corporate Events

Scalare Partners Director Increases Indirect Shareholding via On‑Market Trades

Scalare Partners Holdings Limited has disclosed a change in the relevant interests of director James David Walker, reflecting his indirect holdings through entities Burrill Skies Pty Ltd and Kirri Cove Pty Ltd. Walker’s interest arises from his roles as director and 50% shareholder in these entities, as well as a beneficiary of the Burrill Skies Trust.

According to the notice, Burrill Skies Pty Ltd acquired a total of 68,556 fully paid ordinary shares in two on-market trades on 6 and 12 March 2026 at a price of $0.08 per share. Following these transactions, Walker’s indirect holdings via Burrill Skies increased to 11,524,241 fully paid ordinary shares and 112,500 options, while his indirect holding through Kirri Cove Pty Ltd remains at 171,163 fully paid ordinary shares, with no disposals or contract-related interest changes reported.

The most recent analyst rating on (AU:SCP) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Candy Club Holdings Ltd. stock, see the AU:SCP Stock Forecast page.

Scalare Director Lifts Direct Stake with On-Market Share Purchase

Scalare Partners Holdings director Giles Bourne has increased his direct holding in the company through an on-market purchase of 121,075 fully paid ordinary shares at $0.08 per share. Following the transaction, his direct interest via GBJR Super Fund Pty Limited rose to 494,075 shares, while his substantial indirect holding via Chalke Valley Pty Ltd remained unchanged at 11,479,067 shares.

The move consolidates Bourne’s overall equity exposure to Scalare Partners without altering his existing indirect position, signaling continued confidence in the company’s prospects. The purchase, disclosed under ASX listing rules, provides investors with greater visibility into board-level alignment with shareholder interests through increased personal capital at risk.

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 Director Adelle Howse Lifts Stake With On-Market Share Purchase

Scalare Partners Holdings director Adelle Howse has increased her direct equity stake in the company through an on-market purchase. She acquired 32,225 fully paid ordinary shares at $0.08 per share on 3 March 2026, lifting her holding to 2,433,146 shares alongside existing options and performance rights.

The transaction, disclosed under ASX listing rules, signals a modest vote of confidence in Scalare Partners by a member of its board. While the purchase is relatively small in value, incremental director buying can be read by investors as a positive indicator of management’s outlook and continued alignment with shareholder interests.

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.

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.