Credit Clear Limited · ASX:CCR
Credit Clear — Investor Presentation (January 2024)
10 slides from Credit Clear's investor presentation, Jan 29, 2024
Slide 1: FY24 Q2 Investor Presentation
FY24 Q2 Investor Presentation ASX: CCR | 29 January 2024
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: Business Overview
Business Overview Transforming debt collection practices through technology, improved regulatory adherence and a focus on customer experience An ASX-listed company Trusted by thousands of clients, in highly Strong economic Aligned with rapidly that has a commercially regulated and diverse tailwinds
Slide 4: Business model
Business model Sales: Notes: 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 clients include banks, an
Slide 5: FY24 Q2 – Key Metrics
FY24 Q2 – Key Metrics Growing revenue, improving cash flow and well funded $10.02m1 $1.3m1 $13.0m Second consecutive quarter over Third consecutive quarter Cash at bank up $0.8m $10m and strong result given of positive cash from operating on prior quarter black out period in December activities2 +7%
Slide 6: Growing adoption and use of SaaS platform
Growing adoption and use of SaaS platform Digital revenue has a gross margin of ~80% • Record quarterly digital collections of $26.6m, up 1% QoQ Quarterly digital collections ($m) and 73% PCP, a good result given client-imposed restrictions 30 during December • Digital collections for portfolios wit
Slide 7: New clients
New clients Combined end-to-end offering is unmatched in Australia with SaaS platform and integrated contingent collections resonating strongly with tier-1 clients 111 120 New clients A tier-1 client is New clients defined as a client 100 with annual revenue greater 80 than $0.5m The quarter was aga
Slide 8: Client profile
Client profile Growth in inventory is being driven by three factors: Existing clients are Several new tier-1 clients have now A strong pipeline of 1 referring more files with 2 been onboarded and are beginning 3 potential tier-1 clients still higher value of debts to contribute revenue exists Illust
Slide 9: FY24 Outlook
FY24 Outlook • Economic tailwinds continue to be favourable with internal and external data suggesting a significant increase in overdue accounts, while near full employment supports customer’s ability to Macroeconomic repay debt tailwinds • Australia’s largest companies continue to prepare for a de
Slide 10: CEO & MD Andrew Smith
CEO & MD 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 10