Carly Holdings: Expands fleet following record month

Carly Holdings Expands fleet following record month

  • Carly Holdings (CL8) posts record subscription revenue for October and November after securing 61 new vehicles
  • The company used a $1.5 million asset finance facility secured in June to order the new vehicles, of which 80 per cent have been delivered and are highly utilised
  • The boosting of the company fleet resulted in a new record for average monthly subscription revenue of $151,000 per month for the October to November period
  • Meanwhile, Carly has placed forward orders for over 100 new vehicles in anticipation of securing additional asset finance facilities
  • Shares in CL8 closed 4.55 per cent lower at 2.1 cents on Tuesday afternoon
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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