Credit Clear Limited · ASX:CCR
Credit Clear — Shareholder Meeting (November 2023)
13 slides from Credit Clear's shareholder meeting presentation, Nov 23, 2023
Slide 1: AGM FY23 Investor Presentation
For personal use only AGM FY23 Investor Presentation 23 November 2023
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by and is the sole responsibility of Credit Clear No representation or warranty, express or implied, is made by any person as to the Limited ACN 604 797 033 (Company). The information contained in this presentation fairness, accuracy, completeness or co
Slide 3: Year in review (Dec 2022 to Nov 2023)
Year in review (Dec 2022 to Nov 2023) REVENUE • Achieved first $10m1 revenue quarter in Q1 FY24 For personal use only GROWTH AND • On track to meet previous FY24 guidance at the top of the range for NEW BUSINESS revenue between $39m and $41m, and underlying operating profit between WINS $1m and $2m.
Slide 4: Business Overview
Business Overview Transforming debt collection practices through technology, improved regulatory adherence and a focus on customer experience For personal use only An ASX-listed company Trusted by thousands of clients, in highly Strong economic Aligned with rapidly that has a commercially regulated
Slide 5: Business model
Business model Sales: Notes: For personal use only Client appoints Credit Clear 1. Credit Clear does NOT buy debt, we work with our clients to resolve their customers’ Finance: Credit Clear Onboarding: overdue accounts Credit Clear and receives a commission client establish a two-way data 2. Our cli
Slide 6: Growing payments on SaaS platform
Growing payments on SaaS platform Digital revenue has a gross margin of ~80% For personal use only Digital collections 10 • Record digital collections in October 9 of $9.6m, for the first time exceeding 8 $9m in a month 7 • Q1 FY24 digital collections were 6 26.4% up on previous quarter 5 • Transiti
Slide 7: Case study – ARMA (Consumer)
Case study – ARMA (Consumer) Revenue per agent has increased by 47% • Q1 FY23 vs Q1 FY24 comparison For personal use only • Consumer is ARMA’s largest division and largely responsible for servicing tier-1 clients • The number of customer service staff increased by 4% while revenue has increased by 5
Slide 8: Winning tier-1 clients
Winning tier-1 clients1 Combined end-to-end offering is unmatched in Australia with AI-driven SaaS platform supported by 100% Australian-based customer support team and in-house legal recoveries resonating strongly with tier-1 clients For personal use only 15 7 Tier-1 clients in Q1 FY24 Potential ti
Slide 9: Illustrative P&L client profile
Illustrative P&L client profile Growth in inventory is being driven by three factors: Existing clients are Several new tier-1 clients have now For personal use only A strong pipeline of 1 referring more files with 2 been onboarded and are beginning 3 potential tier-1 clients higher value of debts to
Slide 10: Macroeconomic factors
Macroeconomic factors ARMA is positioned as a leading provider of financial hardship services to our client's most vulnerable customers For personal use only • Five interest rate increases in past 12 months with cash rate increasing 40% from 3.1% to 4.35% has impacted the cost of servicing debt • Au
Slide 11: Competitive environment
Competitive environment More debt, fewer competitors • M&A activity has reduced the number of For personal use only potential providers • Many large tier-1 organisation have either recently gone to tenders or are about to go to tender to resolve competitive issues on their provider panel • Most larg
Slide 12: FY24 Outlook
FY24 Outlook • Economic tailwinds have strengthened with internal and external data suggesting a significant For personal use only Macroeconomic increase in overdue accounts tailwinds • Australian companies clearly preparing for a deterioration in the economic environment by strengthening their coll
Slide 13: Contact
For personal use only Contact: CEO & Managing Director Andrew Smith Credit Clear E: andrew@armagroup.com.au Investor Relations Warrick Lace Credit Clear E: warrick.lace@creditclear.com.au M: +61 404 656 408 13