Credit Clear Limited · ASX:CCR
Credit Clear — Shareholder Meeting (November 2022)
13 slides from Credit Clear's shareholder meeting presentation, Nov 29, 2022
Slide 1: Leading the Digital Transformation in Account Receivables
LEADING THE DIGITAL TRANSFORMATION IN ACCOUNT RECEIVABLES ASX: CCR | AGM COMPANY PRESENTATION 29 November 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 Limited ACN 604 797 033 (Company). The information contained in this presentation conclusions contained in this presentation
Slide 3: Year in review (1 Dec 2021 – 29 November 2022)
Year in review (1 Dec 2021 – 29 November 2022) • Acquired ARMA Group in February 2022, creating a fully integrated, digitally led, hybrid account receivables provider SUCCESSFUL • Appointment of Hugh Robertson as Chairman, Michael Doery and Paul Dwyer ACQUISITION as non-executive directors (strongly
Slide 4: Revenue growth
Revenue growth REVENUE 67% $35.7m $21.4m $11m FY21 FY22 FY231 1. Based on unaudited annualised Q1 revenue 4
Slide 5: Cash flow and operating profit
Cash flow and operating profit • Growing operational CASH FLOW OPERATING PROFIT leverage with 46% of additional revenue flowing to normalised 0.5 EBITDA 0.3 • Growing mix of high -0.3 margin digital revenue with full deployment of digital and traditional -0.8 -1 service offering • Winning new busine
Slide 6: Strong growth in digital payments
Strong growth in digital payments Australian account receivables industry in midst of digital transformation • Record digital DIGITAL PAYMENTS ONE MILLION PAYMENTS collections in Q1 of TRANSACTIONS ($M) $15.3m, 19% QoQ • Annualised digital payments run rate of 15.28 over $60m 12.97 • One million pay
Slide 7: CY2022 Recognition
CY2022 Recognition — FINANCIAL REVIEW — Tough times in the Ua TH market favour all the disruptors IGu PRESENTED BY Lp Pemba ave y, creditclear
Slide 8: Our mission and NPS
Credit Clear: Our mission Our mission is to dramatically improve the customer experience during the debt “ collections process and thereby enhance the collections outcome for our clients. CUSTOMER QUOTES: Very convenient and a great way on managing your bills. Excellent and easy to make an arrangeme
Slide 9: Building a sustainable competitive advantage with AI & data
Building a sustainable competitive advantage with AI & data TOLL ROAD OPERATOR – OPTIMISER TEST FOR ARMA ARTIFICIAL INTELLIGENCE Demonstrates the power of the Optimiser module • AI experiment achieves a 35% uplift for a major toll and also the depth of knowledge Credit Clear has in road operator opt
Slide 10: Industry landscape, fewer competitors, more debt
Industry landscape, fewer competitors, more debt • M&A activity has driven consolidation in the industry • Contingent debt collection providers have struggled with integrating technology and their own internal operational issues • Digital only providers have struggled to gain traction, clients do no
Slide 11: Outlook
Outlook MEDIUM TERM GOALS (NEXT 3 YEARS) • Grow revenue to $100m p.a. • Grow EBITDA to $25-$30m p.a. • 4-5% of total addressable market $2.5bn WHERE ARE WE CURRENTLY? TAM in • CCR has a revenue run rate of $35.7m from ~1,000 active clients • Operationally profitable and cash flow positive in Q1FY23
Slide 12: Corporate snapshot
Corporate snapshot1 ASX code CCR Information Industry sector Technology Shares on issue 367m Market cap at $0.43 $156m Unlisted options 36m Debt $0 Top 20 holders own 55% Cash in bank1 $9.9m Directors and 25% management own 1. As at 28 November 2022. 2. As at 30 Sept 2022 12
Slide 13: Contact us
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