Credit Clear Limited · ASX:CCR
Credit Clear — Investor Presentation (October 2023)
11 slides from Credit Clear's investor presentation, Oct 18, 2023
Slide 1: FY24 Q1 Results Presentation
FY24 Q1 Results Presentation ASX: CCR | 18 October 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: 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: Revenue model
Revenue model Client Notes: appoints Credit Clear Credit Clear does not buy debt, we work with our clients to Credit Clear Credit Clear resolve their customers’ receives a and client overdue accounts commission establish a and/or fee two-way data for account exchange Our clients include banks, insur
Slide 5: Q1 – Key Metrics
FY24 Q1 – Key Metrics Growing revenue, improving cash flow and well funded $10.02m $0.3m $12.2m Record quarterly revenue1 Two consecutive quarters Cash at bank $0.2m up on track to achieve FY24 of cash generated from on prior quarter revenue guidance operating activities2 +QoQ 2% +12.2% QoQ +50% QoQ
Slide 6: Q1 – Leading indicators
FY24 Q1 – Leading indicators Referred debt files increasing in value and volume $2.3bn 1,131 1.4m Value of files under New clients Active files management (FUM) +52% QoQ +16.7% QoQ +9.5% QoQ FUM ($bn) New clients Active files (m) 2.4 120 1.5 2.3 1.4 100 2.2 1.3 2.1 80 1.2 2 1.1 60 1.9 2.3 114 1 0.9
Slide 7: Growing adoption and use of SaaS platform
Growing adoption and use of SaaS platform Digital revenue has a gross margin of ~80% Quarterly digital collections ($m) • Quarterly digital collections growth 30 26.4% QoQ to $26.3m • Digital now accounts for 56% of 25 payments in the Consumer Division (ARMA’s largest) 20 • Transition to digital is
Slide 8: 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 providing strong momentum into FY24 114 New clients +52% QoQ A tier-1 client is defined as a client with potential revenue greater than
Slide 9: 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 10: FY24 Outlook
FY24 Outlook • Economic tailwinds have strengthened with internal and external data suggesting a significant Macroeconomic increase in overdue accounts tailwinds • Australian companies clearly preparing for a deterioration in the economic environment by strengthening their collection capabilities •
Slide 11: CEO & MD Andrew Smith, Credit Clear
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 11