Credit Clear Limited ( (AU:CCR) ) has issued an update.
Credit Clear Limited reported a 16% increase in revenue from ordinary activities for the half-year ended December 31, 2024, compared to the previous year. Despite the revenue growth, the company experienced a slight increase in net loss, with a 3% rise in loss after tax attributable to owners. No dividends were declared during this period, and the net tangible assets per security remained stable. This financial performance reflects ongoing challenges in achieving profitability, but the revenue growth indicates potential for future improvement in market positioning.
More about Credit Clear Limited
Credit Clear Limited operates in the financial services industry, focusing on providing innovative solutions for credit management and debt recovery. The company leverages technology to enhance the efficiency and effectiveness of its services, catering primarily to businesses seeking to optimize their financial operations.
YTD Price Performance: -17.65%
Average Trading Volume: 277,204
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$118.7M
For an in-depth examination of CCR stock, go to TipRanks’ Stock Analysis page.