Half Year 2025 Cluey Ltd Earnings Presentation Transcript

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Mar 04, 2025

Mar 04, 2025 / NTS GMT
Presentation
Mar 04, 2025 / NTS GMT

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Corporate Participants
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* Matteo Trinca
Cluey Ltd - Joint Chief Executive Officer
* Greg Fordred
Cluey Ltd - Chief Financial Officer, Company Secretary

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Matteo Trinca - Cluey Ltd - Joint Chief Executive Officer

Welcome to our update for the first half of FY25. Our focus remains unchanged. We're working hard to achieve free cash flow in FY25. Discipline cost management and returning the business to top line growth are the two key operation priorities. The trading costs continue to show year over year and quarter over quarter reduction.

And our leading growth metric new students has not only turned positive in Q2 FY25 for the first time in almost two years, but it is coupled with a 41% reduction in CA achieved in the first half of FY25. We're optimistic about the current peak enrollment period and look forward to further improvements. I will let Greg take you through our financial performance before returning to discuss the operational

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