Credit Clear Limited · ASX:CCR
Credit Clear — Shareholder Meeting (November 2020)
23 slides from Credit Clear's shareholder meeting presentation, Nov 30, 2020
Slide 1: Post AGM Presentation
Post AGM Presentation ASX: CCR November 30, 2020
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by, and is the sole responsibility 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 fairness, accuracy, completeness or correctness of th
Slide 3: Credit Clear is the market leader
MARKET LEADING DIGITAL COLLECTIONS TECHNOLOGY Credit Clear’s technology platform is helping In uncertain economic times, businesses drive smarter, faster and more innovative financial outcomes by changing the large corporations are seeking technology solutions way customers manage their repayments.
Slide 4: Credit Clear – Board of Directors
CREDIT CLEAR – BOARD OF DIRECTORS Gerd Schenkel Christine Christian Marcus Price Mark Casey Lewis Romano CHAIRMAN NON EXECUTIVE NON EXECUTIVE NON EXECUTIVE EXECUTIVE DIRECTOR DIRECTOR DIRECTOR DIRECTOR & CO-FOUNDER & CO-FOUNDER Gerd combines Christine Christian is a Prior to joining the Credit Mark
Slide 5: Credit Clear – Executive Team
CREDIT CLEAR – EXECUTIVE TEAM Brenton Glaister David Hentschke Victor Peplow Jason Serafino Piero Gross Mike Tauschek Ron Hollands GROUP CEO GROUP GM – CFO CTO COO COMPANY SECRETATY JOINT COMPANY TECHNOLOGY & & GENERAL COUNSEL SECRETARY STRATEGY Brenton started his David most recently Victor has ove
Slide 6: Listed on the ASX in October 2020: Capital Structure, Use of IPO Funds
LISTED ON THE ASX IN OCTOBER 2020 Capital Structure Use of IPO Funds Systems Development $8.8m ASX Code CCR Business Development $2.10m Working Capital $2.75m Shares on issue 225.69m Costs of the Offer $1.35m Total $15.0m Market capitalisation $160m (@ $0.71/sh) Substantial Shareholders Funds raised
Slide 7: Technology Driven Solutions Spanning the Entire Receivables Lifecycle
TECHNOLOGY DRIVEN SOLUTIONS SPANNING THE ENTIRE RECEIVABLES LIFECYCLE DIGITAL | Direct to Enterprise SOLUTIONS | Contingent Legal recovery services white label offering collections operations 0 30 60 90 120 150 180 Days in Arrears Credit Clear Limited 7
Slide 8: Revenue Model
REVENUE MODEL MARGINS Technology Platform Income ● Charge per communication ● Charge per active account ● International licensing income ● Success, integration & gateway fees b Receivables Management Income ● Charge per action ● Commission based charging ● Whole of service fees ● Success fees Legal
Slide 9: Credit Clear – Business Update
CREDIT CLEAR – BUSINESS UPDATE In excess of 50 new Many clients have new clients onboarded in work on hold since March the last six months due to COVID-19 creating ballooning debtor ledgers Six new government Government and Client departments and three restrictions on legal action new water utilitie
Slide 10: With Peak of COVID-19 Behind, Tailwinds Expected to Increase
WITH PEAK OF COVID-19 BEHIND, TAILWINDS EXPECTED TO INCREASE Our largest client has recently approached us for a 01 contract extension of a minimum two years. (2+1 option). The same client began re-engagement of their customer base in July (post COVID-19 hold). Our digital capabilities allowed us to
Slide 11: In a Strong Position Now to Increase in Existing and New Markets
CREDIT CLEAR – IN A STRONG POSITION NOW TO INCREASE IN EXISTING AND NEW MARKETS • New client growth has been organic – little to no PROTECTING OUR COMPETITIVE ADVANTAGE focus on marketing as yet. • Focus on development, features and security is • Marketing plan to be deployed from January that will
Slide 12: Credit Clear's Key Growth Metrics
CREDIT CLEAR’S KEY GROWTH METRICS $ Total Total Top clients New Clients Accounts Communications using digital 305K Active account as at 4.65M total Credit Clear has 50+ Since July 1, 2020 EOM Oct, of which 51.8% communications for FY21 successfully migrated (158K) have had digital YTD 42% of its top
Slide 13: Why Embracing Digital Collections Is a Must
WHY EMBRACING DIGITAL COLLECTIONS IS A MUST High engagement Customisable through superior communication customer experience methods Actionable Targeted granular communication details Digital Collections Drives Customisable Cost effective delivery times collections solution Frictionless Customer insi
Slide 14: Product Overview
PRODUCT OVERVIEW Make an immediate Completely white payment – full or partial labelled Create payment Multiple delivery plans channels Organise callbacks or Device direct call agnostic Payments settled Optional customer directly to you verification process BY DELIVERING THE CORRECT MESSAGE IN THE FO
Slide 15: Platform Capabilities
PLATFORM CAPABILITIES Industry benchmarking and insights Workflow performance management Tailored personalised experience for consumers Machine learning and AI algorithms to predict consumers’ behaviour Automated treatment based on performance and industry insights Secure, robust and highly scalable
Slide 16: Technology – The Backbone of Credit Clear's Growth and Proposition
TECHNOLOGY – THE BACKBONE OF CREDIT CLEAR’S GROWTH AND PROPOSITION To include in the speaking notes Technology investment case developed Vision and approved by Board The best digital bill payment platform on the globe Governance structure established to oversee investment Technology & Strategy Commi
Slide 17: Disrupting the Traditional $1.4bn Debt Collections Market
CREDIT CLEAR – DISRUPTING THE TRADITIONAL $1.4BN DEBT COLLECTIONS MARKET AUSTRALIAN DEBT COLLECTION MARKET SIZE & CLIENT SEGMENTS, 2020 [AUD M] ∑ 1,453 Client Tier Description Example entities GtM Strategy 892 62 498 20 4 • >10,000 firms • SMEs • Fully outsourced Platform 80 collections integration
Slide 18: Credit Clear – Three Horizons Strategy
CREDIT CLEAR – THREE HORIZONS STRATEGY Horizon 3: Horizon 2: Create diversified growth Build and nurture options Horizon 1: emerging businesses Extend the core business Indicative timeline 0y 1y 2y 3y Overall Grow top-line fast Launch new adjacent digital objectives Diversify and grow revenues Conve
Slide 19: Channel Controller
CREDIT CLEAR: TRANSFORMING THE LANDSCAPE Channel controller The end user experience – the heartbeat of the Credit Clear platform Expand reach through secure digital channels (WhatsApp, WeChat, etc.) Increase our digital payment reach (NPP, ApplePay, Google Pay) Give customers more options to handle
Slide 20: Tracking & Control Module
CREDIT CLEAR: TRANSFORMING THE LANDSCAPE Tracking & Control Module A client’s window to the performance of • Full end-to-end data warehouse for digital collections • Self service reporting and analytics • Monitor performance and optimisation outcomes • Design internal data bureau resource Credit Cle
Slide 21: Strategy Management Module
CREDIT CLEAR: TRANSFORMING THE LANDSCAPE Send time optimisation AI that finds the best time to engage customers Strategy Management Module Adaptive workflows automated decisioning to determine communications based on the activity of customers The real science in the platform. This is where clients A
Slide 22: FY21 – Strategy for Further Growth
FY21 – CLEAR STRATEGY FOR FURTHER GROWTH CREDIT CLEAR IS POSITIONED TO BECOME THE GLOBAL LEADING DIGITAL BILL PAYMENT PLATFORM CCR does not Ongoing Significant focus buy debt & Continued Internationally migration of investment in on marketing CCR is not a extending our Credit Clear transportable BNP
Slide 23: Contact Us
CONTACT US Brenton Glaister CEO Credit Clear e: brenton@creditclear.com.au Simon Hinsley Investor Relations NWR Communications m: +61 (0) 401 809 653 e: simon@nwrcommunications.com.au creditclear.com.au