Credit Clear Limited · ASX:CCR
Credit Clear — FY2022 Earnings Presentation
14 slides from Credit Clear's earnings presentation, Aug 31, 2022
Slide 1: Technology and New Sales Driving Profits
For personal use only TECHNOLOGY AND NEW SALES DRIVING PROFITS Winning business with ASX50 Companies, Federal Government Agencies and International Partners ASX: CCR | FY22 Results Presentation 31 August 2022
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by, and is the sole responsibility Credit Clear fairness, accuracy, completeness or correctness of the information, opinions and For personal use only Limited ACN 604 797 033 (Company). The information contained in this presentation conclusions containe
Slide 3: Investment highlights: FY22
Investment highlights: FY22 For personal use only • Growth in revenue to $21.5m1 up 95% YoY GROWING • Monthly revenue record set in June with $3.1m REVENUE • Revenue run rate climbs to $37.4m2 p.a. • Consecutive operationally profitable3 months in May and June FY22, continued into Q1 FY23 GROWING •
Slide 4: Enhanced market position
Enhanced market position For personal use only The combination of Credit Clear Limited and ARMA Group has delivered: • Multi award-winning and highly-scalable technology • Best use of AI in Fintech Awards (2021/2022) • Payments on the digital platform up 55% and achieving new records on monthly basi
Slide 5: Industry landscape, fewer competitors
Industry landscape, fewer competitors For personal use only • Digital only providers have struggled to gain traction, clients do not want stand-alone digital services • Debt purchasers competing for a shrinking pool of available assets, companies less likely to sell debt than pre-2020 • Other contin
Slide 6: FY22 Revenue
FY22 Revenue For personal use only $21.5m $21.5m Revenue for FY22 95% CAGR +183%1 Revenue YoY $11.0m $37.4m Annualised $6.5m Revenue Run Rate2 $3.12m $0.3m $1.0m Revenue for June FY18 FY19 FY20 FY21 FY22 1. Credit Clear acquired Credit Solutions in 2019 and ARMA Group in 2022. 2. Annualised actual r
Slide 7: FY22 Operational Highlights
FY22 Operational Highlights For personal use only 696* +47 842k Active Clients Net Promoter Transactions (1038 Total Clients) Score for the year 118% YoY from 97,089 respondents 61% YoY 831k 99% Total Active Customer Accounts $63m Client retention 127% YoY Total Committed Payment Plans * Total activ
Slide 8: International Expansion
International Expansion Credit Clear to progress international opportunities in FY23 For personal use only Co-founder Lewis Romano appointed as Head of International Global expansion strategy: • Australian growth and expansion remains immediate In South Africa, partnership progressing well with long
Slide 9: Growth in digital payments
Growth in digital payments Digital Payments FY22 For personal use only Post year end: • Surpassed $100m collected via the digital platform $37.9m • May, June, July and August have been four consecutive months of record digital collections • In August we have surpassed $5m in digital CAGR 104% $24.4m
Slide 10: Genuine validation of our performance
Genuine validation of our performance For personal use only TOLL ROAD OPERATOR – Fast tracking a workflow – ARTIFICIAL INTELLIGENCE Victorian Commercial client • AI experiment achieves a 35% uplift for a major toll road Experiment Specifics: operator • Champion/Challenger test using same • Case stud
Slide 11: FY22 Financials – Summary
FY22 Financials – Summary For personal use only Revenue growth Revenues have materially improved 95% this year with all parts of the business achieving strong growth. June was particularly strong with a record $3.12m in revenue Normalised Expenses Cost management and discipline saw an increase in ex
Slide 12: Financials – Normalised vs Statutory EBITDA
Financials – Normalised vs Statutory EBITDA FY22 FY21 For personal use only $000's $000's Notes: • Revenue up 95% YoY Revenue 21,462 10,980 95% Expenses • Reviewed expenses during FY22 and reduced Employee Benefits (13,399) (7,640) by >$1m (annualised). No impact on client Finance Costs (234) (152)
Slide 13: Credit Clear: FY23 Outlook
Credit Clear: FY23 Outlook For personal use only ESCROW STOCK Directors Mark Casey, Hugh • Existing customers referring more business with higher average debt Robertson, Marcus Price and Strong revenue growth • Significant new client wins in H1FY22 adding material new volume co-founder Lewis Romano,
Slide 14: Contact us
For personal use only Contact us: CEO Andrew Smith Credit Clear E: andrew@creditclear.com.au Investors & Media Warrick Lace Credit Clear m: +61 404 656 408 e: warrick.lace@creditclear.com.au