Credit Clear Limited

Equities

CCR

AU0000107526

Financial Technology (Fintech)

Market Closed - Australian S.E. Other stock markets 11:40:51 17/06/2024 am IST			5-day change	1st Jan Change
0.26 ^AUD	+8.33%		+10.64%	+44.44%

22/03	Credit Clear to Release Certain Shares from Escrow	MT
25/02	Credit Clear Limited Reports Earnings Results for the Half Year Ended December 31, 2023	CI

Credit Clear : CCR Q2 FY22 Quarterly Investor Presentation

January 31, 2022 at 04:11 am IST

only
Q2 FY22
use
Quarterly Presentation
		ASX: CCR
ersonal	January 2022

Improves customer interactions

onlyProven results

useAI

powered

ersonalSignificant market

Credit Clear's platform has proven to help businesses increase leves of engagement, uplift effectiveness and efficiency of customer interactions, and enhance the customer experience

Credit Clear's award-winning technology uses behavioural analytics, artificial intelligence and machine learning to improve interactions between customers and businesses

Growth in subscriptions and installment services creates a significant market opportunity for digital disruption

Genuine validation of digital solution

onlyAI and Machine Learning

Data platform developed to support AI, deeper analytics and strategy management module (Optimiser Module)

• 'Next Best Action' delivers 151% uplift for large

use	toll road operator
Best of use of AI in Fintech Award
•
Core Products
ersonal	Large fintech lender delivers 3x collections
•

• Australian energy utility delivers 40% higher collections

• NPS is +44 from >80,000 respondents

• Major insurance company delivers end-to-end 3rd party at fault claim within 15 days and no human touch

Optimiser Module

Major Australian BNPL delivers 5% uplift in collection rate
Water utility delivers a 17% uplift in collection rate

Case study

Large Australian Water Utility experienced a 23% higher collection rate with Credit Clear's digital platform vs. non-digital platform.

Quarterly financial highlights

only	$1.1m	$7.6m	$660k
$3.2m
use	Digital revenue	Total digital payments	Traditional to digital
Total revenue
ersonal			conversion (revenue)
85% on pcp	58% on pcp	162% on pcp
56% on pcp
			4

Quarterly operational highlights

only 28

useNew client wins

ersonal• Se ect new clients:

• Australia's largest toll road operator

• Global automotive manufacturer

Growth

Opportunities progressed

Acquired ARMA
Signed Partnering and Teaming agreement with Techub
Enhanced presence in NZ with Prospa partnership

FinTECH AWARD

2021 Winner at the 6th Annual FinTech Awards

Best Use of AI

Post Quarter

The two new top ten clients

Expected to increase revenue by 6 - 8% ($1.6m - $2m) in the next 12 months

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Disclaimer

Credit Clear Ltd. published this content on 30 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 January 2022 22:40:07 UTC.

Latest news about Credit Clear Limited

Credit Clear to Release Certain Shares from Escrow	22/03	MT
Credit Clear Limited Reports Earnings Results for the Half Year Ended December 31, 2023	26/02	CI
Credit Clear Logs 19% Increase in Fiscal Q2 Revenue	29/01	MT
Credit Clear Limited completed the acquisition of DRA Group.	01/12	CI
Credit Clear Signs Deal to Acquire Insurance Recoveries Firm; Shares Rise 6%	03/11	MT
Credit Clear Limited entered into a binding agreement to acquire DRA Group for AUD 1.5 million.	03/11	CI
Credit Clear Limited Provides Revenue Guidance for the Full Year 2024	30/23/30	CI
Credit Clear Limited Reports Earnings Results for the Full Year Ended June 30, 2023	30/23/30	CI
Credit Clear Limited Announces Change of Office Address	18/23/18	CI
Credit Clear Raises AU$8.5 Million Via Share Placement	09/23/09	MT
Credit Clear Expands Insurance Footprint with IAG Deal	14/23/14	MT
Credit Clear Limited Signs Two-Year Agreement with IAG	14/23/14	CI
Credit Clear Limited Reports Earnings Results for the Half Year Ended December 31, 2022	28/23/28	CI
Credit Clear Limited Announces Board Changes	28/23/28	CI
Credit Clear Limited Announces Board Retirements	28/22/28	CI
2,000,000 Performance Shares of Credit Clear Limited are subject to a Lock-Up Agreement Ending on 27-OCT-2022.	27/22/27	CI
7,300,000 Options of Credit Clear Limited are subject to a Lock-Up Agreement Ending on 27-OCT-2022.	27/22/27	CI
67,308,776 Ordinary Shares of Credit Clear Limited are subject to a Lock-Up Agreement Ending on 27-OCT-2022.	27/22/27	CI
Credit Clear Limited Announces Sales Results for First Quarter of Fiscal Year 2023	17/22/17	CI
Credit Clear Expects 150% Jump in Insurance Revenue in Fiscal 2023	06/22/06	MT
Credit Clear Limited Appoints Mr. Paul Dwyer as Non-Executive Director	09/22/09	CI
Credit Clear Limited Reports Earnings Results for the Full Year Ended June 30, 2022	31/22/31	CI
Credit Clear Limited Announces Resignation of Lewis Romano as Director	08/22/08	CI
Credit Clear Posts 160% Jump in Fiscal Q4 Revenue	20/22/20	MT
Credit Clear Achieves Operational Profitability Two Months Ahead of Previous Guidance	20/22/20	MT

Chart Credit Clear Limited

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Company Profile

Credit Clear Limited is a technology company. It has developed a digital billing and communication platform that helps organizations drive smarter, faster, and more efficient financial outcomes by changing the way customers manage their re-payments through a user experience that the market demands in a digital age. It manages customer accounts across a range of industries, including transport, financial services, government, and utilities. Its segments include Receivable Collections and Legal Services. Receivable Collections segment represents the provision of receivable collection services using a combination of technology solutions and traditional collection methods. Legal Services offers specialized credit legal services, which when combined with the Receivables Collections business, allows the Company to offer a full-service end to end offering for its clients. Its RepayTech technology allows customers to make re-payments through a variety of channels and with re-payment option.

Sector

Financial Technology (Fintech)

Calendar

28/08/2024 - Q4 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.26 AUD

Average target price

0.4 AUD

Spread / Average Target

+53.85%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Financial Technology (Fintech) (NEC)

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Financial Technology (Fintech) (NEC)