Credit Clear Limited ( (AU:CCR) ) has provided an update.
Credit Clear Limited has reported a significant increase in its financial performance, with revenue rising by 16% to $23.2 million and underlying EBITDA growing by 66% to $2.9 million compared to the previous corresponding period. The company reaffirmed its guidance for fiscal year 2025, anticipating stronger growth in the second half of the year driven by both existing and new clients. This positive financial outlook underscores Credit Clear’s strategic positioning in the market and its potential for continued expansion, benefiting stakeholders and enhancing its competitive edge in the industry.
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 streamline the debt collection process, catering to a diverse range of clients seeking efficient financial services.
YTD Price Performance: -17.65%
Average Trading Volume: 277,204
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$118.7M
Find detailed analytics on CCR stock on TipRanks’ Stock Analysis page.