Carly Holdings Limited (ASX:CL8) (Carly or the Company) is pleased to release an updated Investor Presentation which includes details of the continued growth in subscription revenue and profitability metrics, increasing success of the new vehicle supply strategy and the securing of a new asset finance facility to support further growth.

Carly has previously articulated the implementation of a hybrid vehicle supply strategy which combines asset light and asset financed vehicle supply channels to support growth in fleet size to take advantage of the increasing demand for car subscription, under various vehicle supply conditions.

The investor presentation details the success of the strategy to date in terms of revenue and margin improvement and provides an update on the vehicle financing strategy, with the latest asset finance facility being secured on 22 June 2022

The importance of securing asset finance to support further growth is underpinned by the appointment of Michael Mobilia as CFO on 30 May 2022. Mr Mobilia is a highly entrepreneurial individual with a very strong asset finance background, having held the CFO and GM Group Risk roles at Equigroup. He has significant experience in asset finance funding structures, having financed in excess of a billion dollars of assets through various structures, as well as securing residual value funding.

This announcement was authorised to be given to ASX by the Board of Directors of Carly Holdings Limited.

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