Credit Clear Limited (ASX:CCR)

🌟 Exciting News from Credit Clear Group! 🌟   Credit Clear Limited (ASX:CCR) is thrilled to introduce our fresh new branding!   The Credit Clear Group, which includes ARMA Group (ARMA) and Oakbridge Lawyers Pty Ltd have united our brands to create a modern, cohesive look that reflects our vision and values being - Providing a Better Way to Resolve Debt!   Our services encompass the entire life-cycle of receivables management - from early-stage AI Digital Payment Technology, mid-stage Debt Resolution and late-stage legal expertise in Commercial and Insolvency law   Check out our revamped branding and webpage's here: creditclear.com.au #CreditClearGroup #DebtResolution #NewLook #Innovation #CCR #DigitalPayments #Credit #Ai

“We like that one”, says Matthew Kidman, co-founder of the Level 18 Fund at Centennial Asset Management while discussing Credit Clear Limited (ASX:CCR) as a new addition to his fund during the September quarter.   In the interview, Kidman discussed how Credit Clear, since acquiring ARMA Group (ARMA), has “a rounded offering for big-end-of-town clients like the big utility companies, insurers and big banks.”   He notes that while it has taken some time to onboard and ramp up these big clients “the earnings are starting to come through and Credit Clear could double its earnings over the next couple of years if they keep executing because they’ve already got the clients.” Watch the full video here: https://lnkd.in/gER5CyT9

Credit Clear Limited (ASX:CCR) reported record revenue of $11.96m for FY25 YTD, a 19% increase on the prior corresponding period. We are on track to meet or exceed our FY25 guidance, exiting Q1 with a revenue run rate of ~$48m.   The quality of our client portfolio continues to grow, with 79 new clients signed in FY25 YTD, including five potential tier-2 clients. We are also progressing with eight potential tier-1 clients, expected to contribute an additional $8m-$10m in revenue. Credit Clear is proud to now service 22 tier-1 clients, up from 20 in FY24, with 95% of our tier-1 clients recurring in FY25 YTD.   With these remarkable achievements, we’re excited for what lies ahead as we continue to drive innovation and deliver value. Thank you to our team, partners, and clients for making this progress possible. Read the full presentation here: https://lnkd.in/gSeXfbmp #FY25 #Sales #CCR #Guidance #ASX

ASX-listed debt resolution provider Credit Clear Limited (ASX:CCR) on track to meet or beat 2025 guidance #australianfintech #fintech #fintechnews #finance #financialtechnology #credit #debt

The valuation of companies, and the multiples at which they trade, is the subject of much investor debate currently. There is a growing gap between “public vs private” and “large cap vs small cap” valuations. Credit Clear Limited (ASX:CCR) valuation, as an ASX-listed small cap technology stock, has recently been highlighted in The Australian Financial Review and by a Shaw and Partners research note following a private capital transaction which saw a CCR peer raise $60m at a $350m valuation or a 7x run rate. By comparison CCR trades on a 2x sales multiple. As an ASX-listed company, Credit Clear has adjusted to market conditions in the past two years, adopting a “Profitable Growth” mantra, which has seen the company post maiden underlying EBITDA results of $4.2m in FY24 and five consecutive quarters of positive cash flow. At the same time the company has won and onboarded several tier-1 clients, which creates a drag on profitability while revenue from new clients ramp up. This investment in future growth and achieving cash flow positivity has seen the company attract eight new institutional investors in recent months. Having met and exceeded its FY24 guidance the share price double off a 52-week low of 16.7c to a high 33.5 cents this week. Credit Clear is delighted with the support from its existing and new institutional shareholders as well as over 2,300 retail holders. With a long runway of growth both in Australia and internationally, Credit Clear’s Board and Management are committed delivering on our strategy and growing value and wealth for all our ASX shareholders. Shaw and Partners research note: https://lnkd.in/gmbxH8vS AFR Article: https://lnkd.in/e_Ze8PhJ #Fintech #ASX #Growth #ReceivablesManagement

A fun panel with Julian Fayad and Rajini Carpenter hosted by Glen Frost. With experience across the lifecycle from lending to collections it was very interesting to hear about AI in finance from different perspectives. Lot's of great questions and we ran out of time. Could have spent the evening on this hot topic!

"Banking on Ai" event this Thursday evening with our friends at Tank Stream Labs Sydney Wynyard: over 100 people registered to attend 😀 Register here: https://lnkd.in/geTMe5q2 hear from Jason Serafino from Credit Clear Limited (ASX:CCR), Julian Fayad from LoanOptions.ai and Rajini Carpenter from Carrington Labs (Beforepay Group) on how Ai is changing banking and finance. Thank you to our other partners NGM Group, In AI Today and Australian FinTech for your support!

Looking forward to talking AI in banking and finance with Julian Fayad and Rajini Carpenter hosted by Glen Frost

Missed Intersekt last week? Don’t worry, you can still catch up on all the insights! Jason Serafino, Chief Product and Information Officer at Credit Clear Limited (ASX:CCR), delves into the acquisition of ARMA Group (ARMA)—a debt collection subsidiary of Credit Clear—and its incredible journey from a 10-person startup to a nationwide ASX-listed company in just six years. 🚀 He shares how they tackled industry-wide challenges like slow technology adoption, legislative restrictions, and risk aversion by becoming the change the industry needed. Watch the full session here: https://lnkd.in/gTSdsFJG #MandA #CCR #AI #Mergers #Acquisitions #Startup #AustralianStartUp #ASX #Technology

I am excited to be part of the incredible line up of speakers at the AICM National conference this month in Melbourne. The theme of this year's conference is “Evolving for tomorrow: Crafting the Future Credit Team” and I will be talking in the session "Humanising Collections: Balancing Empathy and Assertiveness for Better Outcomes". Don't forget to book your place at this year's conference. Click to here to check out the speakers and program https://bit.ly/47aRx49