Articles On Collaborate Corporation (ASX:CL8)

With Australian electric vehicle (EV) sales expected to hit $3.3 billion this year, car subscription industry specialist Carly Holdings (ASX:CL8) has launched a new product to provide buyers with key information when making decisions on pur...

Australia’s EV uptake is rapidly growing, but we still have a long way to go The National EV strategy could change all that And what ASX stocks/ETF could benefit from the EV revolution   Based on the CO2 emissions, the Australian governme...

Carly Holdings (ASX:CL8) releases its consolidated cash flow report and business update for the quarter ended September 30, 2023 Throughout the quarter, the company achieved key objectives, including a notable increase in fleet size and...

Futures suggested the ASX200 would drop – and it’s dropped almost a per cent, with all sectors in the red, except for healthcare, which has gained nearly a per cent and consumer staples, which has added more than half a per cent. Austral...

Car subscriptions are hitting the road at a time when cost-of-living pressures, sustainability goals, and the demand for flexible lifestyles take centre stage globally. The enduring effects of the COVID-19 pandemic have caused disruption...

Carly Holdings (CL8) has seen its subscription revenue growth hit 100 per cent The increase was clocked across Q1 of FY24 so far referenced against the September quarter of 2022 The company’s fleet has grown to more than 250 vehicle...

Car subscription service provider Carly Holdings (CL8) has posted its full-year results for FY23 The company’s FY23 was spent expanding the size of the company’s fleet in line with financing facilities Across FY23, the owned and fina...

Fouad Haidar: Company analysis group, RAAS Advisory has released an updated report on car subscription provider, Carly Holdings (CL8). The research report follows a June quarter with subscription revenue up 83 per cent on the same per...

Carly Holdings (CL8) reports an 83 per cent increase in subscription revenues YoY compared to the June 2022 quarter The company has expanded its fleet to 212 vehicles Advertising and marketing costs are cooling down from 2022 inflat...

Peak Asset Management, with the support of Stockhead, is giving you the chance to go 1-on-1 with some of the leading ASX small caps CEOs and property gurus from a range of market sectors in Melbourne, on 13 July, 2023. The hectic landscape...

Carly Holdings (CL8) taps investors for $1.6 million to accelerate business growth The oversubscribed placement will include the issue of 64 million CL8 shares at 2.5 cents apiece – a 19.55 per cent discount to the 15-day VWAP Carly s...

Aussie markets ended the day 0.16% lower, because someone raised interest rates yesterday Investors are running back into the safe haven arms of the goldies, while the tech sector shines Two little Small Cappers made triple-digit gains tod...

The pandemic has taught us many lessons, including the importance of adaptability. It has also created opportunities for businesses that offer flexible and convenient services. One such opportunity is the growing popularity of the ser...

During the March 2023 quarter, Carly (CL8) grew its fleet size while maintaining high vehicle utilisation, leading to a rise in subscription revenue The company’s average monthly subscription revenue topped $189,000 over the March quarte...

Carly (CL8) secures a facility of up to $10 million to expand its vehicle fleet from 146 cards to nearly 600 cars This is the largest funding facility the company has ever secured and was made with investment firm iPartners The facili...

Carly Holdings (CL8) records a strong uplift in revenue and gross profit figures for the six-month period ended December 31, 2022 Carly posted a 69 per cent increase in revenue to reach $880,000, gross profit also increased by 261 per ce...

The ‘service-as-subscription’ market continues to grow and diversify worldwide. Globally, Mobility-as-a-Service (MaaS) is expected to exceed US$230 billion by 2025 Carly (CL8) launched in 2019 as Australia’s only listed car subscripti...

Come gather ’round peopleWherever you roamAnd admit that the watersAround you have grownAnd accept it that soonYou’ll be drenched to the bone…   Hump Day is drawing to a close, which means times really are changing, just not the way Bob and...

Highlights The ASX 200 shot up 0.31% or 22.4 points to 7,250.2 in early trade. The energy sector was the top gainer, surging 1.22% as crude oil sharply recovered from lower levels. Wall Street recouped losses from previous session's s...

A quick wrap of the key winners and losers on Wednesday, May 27. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Code Company Price % Change Volum...

Sharing economy proponent Collaborate (ASX: CL8) is on course to export its suite of car market services to New Zealand after striking a deal with Turners Automotive Group (ASX: TRA). Turners is a NZ-based integrated financial services grou...

Car subscription company Carly has inked a deal with listed automotive company Turners Automotive Group (ASX: TRA) to launch the platform in New Zealand by March 2020. The deal, between Carly's parent Collaborate (ASX: CL8) and Turners, w...

Fintech platform Identitii (ASX:ID8) is now collaborating with $22.7 billion market cap Standard Chartered Bank. The two companies will commence an eight-week pilot run for Identitii’s Overlay+ data sharing platform at Standard Chartered’s...

Industrials Sector Mining, manufacturing, and utilities are the major components of the industrials sector. Industrial development needs to occur in an ecologically sustainable way. Many policy tools concentrating exclusively on the demand...

Special Report: SG Fleet invests $2.2m in Collaborate’s car subscription business Carly. Subscription car fleet business Collaborate (ASX:CL8)  which owns car subscription business Carly has signed a $2.2m investment deal with Australian au...

Technology company Collaborate Corporation (ASX: CL8) has received a significant operational boost courtesy of prominent fleet management and vehicle leasing company SG Fleet Group (ASX: SGF). SG Fleet has decided to invest $2.2 million int...

Australian car subscription service Carly has signed a major deal with fleet management provider SG Fleet and has bagged a $2.2 million investment in the process. SG Fleet has committed to supply Carly, a brand of ASX listed sharing econo...

Collaborate Corporation’s (ASX: CL8) Carly division has inked an agreement with Hyundai Motor Company to launch an industry first vehicle subscription service. Carly offers an alternative to saving, leasing or borrowing money to buy a car w...

Digital market platform Collaborate (ASX:CL8) has scored a win with Carly, its online car-subscription business. The company has inked a distribution agreement with #10 global carmaker Hyundai, allowing customers to sign up to Carly subscri...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The automotive industry is currently going through enormous disruption with new vehicle sales in Australia declining by 10%, and fallout from the banking royal commission making it more difficult for car buyers to obtain finance. A generati...

At a time when people are resisting to make long-term vehicle purchase commitment with automotive dealers trying to solve the problem ofdeclining vehicle sales, Collaborate Corporation Limited (ASX:CL8) has come up with a revolutionary solu...

Collaborate Corporation Limited (ASX: CL8) is a pioneer in Australia’s peer-to-peer car rental market. Through its DriveMyCar business, the company has established itself as the largest peer-to-peer car rental operator. It is also advancing...

In this week’s recap of substantial holders, Australian Super became an substantial holder in Gage Roads Brewing (ASX: GRB), a prominent Sydney property magnate bought 16 per cent of Collaborate Corporation, and we look at a number of purch...

Collaborate Corporation Limited (ASX: CL8) operates peer-to-peer marketplaces. The company’s business model allows owners and renters to transact directly with each other. Through its core business, DriveMyCar, Australia’s leading peer-to-p...

Small cap is a term commonly used in stock market which emphasises on defining the type of the company based on its market capitalisation. So here cap stands for capitalisation. In simple terms, small cap stocks are the companies with relat...

Diversification, in general, is a strategy of managing risks by allocating investments in various asset classes within a portfolio. The varied assets could be shares, bonds, debentures, commodities, real estate, etc. Thus, it helps in reduc...

Online marketplace Collaborate (ASX:CL8) has announced a strategic investment from New Zealand-based Turners Automotive, as it pushes ahead establishing a footprint in the vehicle subscription business. The announcement follows a busy month...

“Do not put all your eggs in one basket” is a good adage that is relevant for investors while making their investment decisions. The importance of protecting the permanent loss of capital while undertaking one’s investment journey is probab...