Cluey Ltd · ASX:CLU
Cluey — H1 FY2022 Earnings Presentation
12 slides from Cluey's earnings presentation, Feb 21, 2022
Slide 1: Cluey Ltd (CLU) H1FY22 Results
CLUEY LTD (CLU) H1FY22 RESULTS 21 FEBRUARY 2022
Slide 2: Disclaimer
DISCLAIMER This presentation • is not an offer, invitation, inducement or recommendation to No representation or warranty, express or implied, is made as to the purchase or subscribe for any securities in Cluey Ltd ("Cluey ") or to fairness, accuracy, completeness or correctness of the information,
Slide 3: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS CONTINUED REVENUE GROWTH GROWTH AND RETURNS IN TECHNOLOGY Delivered revenue of $15.8m in THE CORE BUSINESS ADVANTAGE H1FY22 vs $6.4m in H1FY21 Strong growth trajectory, unit Enterprise platforms, data and economics and operating leverage learning analytics driving competiti
Slide 4: Overview of Cluey
OVERVIEW OF CLUEY CLUEY AUGMENTS TRADITIONAL SCHOOLING FOR K-12 STUDENTS ACROSS AUSTRALIA AND NEW ZEALAND WITH A RANGE OF COMPREHENSIVE LEARNING SERVICES Core academic support services: Co/extracurricular learning - the Cluey Cluey is defining and leading this Academy: sector: • Live online 1-to-1 a
Slide 5: H1FY22 Snapshot
H1FY22 SNAPSHOT CLUEY LEARNING1 CONTINUES TO BENEFIT FROM THE ACCELERATED TAKE-UP OF ONLINE TUTORING AS A RESULT OF THE SHIFT TO ONLINE LEARNING IN AUSTRALIAN SCHOOLS >233,000 1.9x Student sessions in H1FY22, up Increase in new students in 130% from 101,000 in PCP H1FY22 (vs PCP) 2.3x 1,724 Increase
Slide 6: Cluey Continues to Deliver Significant Growth
CLUEY CONTINUES TO DELIVER SIGNIFICANT GROWTH CLUEY GROUP EXPERIENCED STRONG GROWTH IN REVENUE AND GROSS PROFIT SUMMARY CONSOLIDATED FINANCIAL RESULTS – H1FY22 H1FY22 H1FY21 % Revenue $15.8m $6.4m +145% Cost of sales ($7.3m) ($3.0m) +139% Gross profit $8.5m $3.4m +150% Gross profit margin (%) 54% 53
Slide 7: Cluey Group Continues to Deliver Significant Growth
CLUEY GROUP CONTINUES TO DELIVER SIGNIFICANT GROWTH CLUEY EXPERIENCED STRONG GROWTH ACROSS ALL KEY OPERATING METRICS WITH SOLID PERFORMANCE BY CODE CAMP KEY OPERATING METRICS – H1FY22 Cluey Learning H1FY22 H1FY21 % Code Camp H1FY22 New students 11,701 6,223 +88% New students acquired2 2,554 Total va
Slide 8: Strong Growth in Group Financial Performance
STRONG GROWTH IN GROUP FINANCIAL PERFORMANCE 18,0 00 REVENUES ($’000) GROSS PROFIT ($’000) and GROSS MARGIN (%) 15,758 16,0 00 Gross Profit Gross profit margin (%) 11,0 00 60% 14,0 00 53% 54% 12,0 00 9,00 0 8,522 50% 10,0 00 $'000 40% $’000 7,00 0 40% Axis Title 8,00 0 6,444 5,00 0 30% 6,00 0 3,411
Slide 9: Continuing Growth in Key Group Metrics
CONTINUING GROWTH IN KEY GROUP METRICS ACTIVE STUDENTS 1 STUDENT SESSIONS 2 Cluey Learning Code Camp 25,0 00 Cluey Learning Code Camp 250 3,952 5 20,0 00 200 FY21 revenue of $15.9m, an increase of 226% on FY20, # of active students # of sessions (000's) 15,0 00 150 exceeding forecast1 of $15.5m by $
Slide 10: Update: Code Camp & New Zealand Rollout
UPDATE: CODE CAMP & NEW ZEALAND ROLLOUT CODE CAMP NEW ZEALAND • Code Camp acquisition completed on 1st October 2021 • Launched MVP version of our service in October • Initiated a 12-month integration plan, including: 2021, Year 4 to 8 for Maths and English • Merging marketing teams • Extended produc
Slide 11: Growth Outlook H2FY22
GROWTH OUTLOOK H2FY22 H2FY22 – STRONG START WITH FORECAST RECORD NEW STUDENT ENROLMENTS SCALING THE Platforms laid for strong organic growth: CORE - B2C • Q3FY22 indicating sustained and significant demand for our services • Enrolling 1st cohorts into new subjects (Physics & Biology) INTERNATIONAL C
Slide 12: Contact Us
CLUEY LTD (CLU) CONTACT US Mark Rohald Greg Fordred Melanie Singh CEO CFO & Company Secretary Investor Relations investor.relations@clueylearning.com investor.relations@clueylearning.com melanie@nwrcommunications.com.au