Credit Clear Limited · ASX:CCR
Credit Clear — Investor Presentation (October 2022)
16 slides from Credit Clear's investor presentation, Oct 17, 2022
Slide 1: Cash Flow Positive & Record New Sales
CASH FLOW POSITIVE & RECORD NEW SALES ASX: CCR | Q1 FY23 Results Presentation 17 October 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: Investment highlights: Q1 FY23
Investment highlights: Q1 FY23 • Record quarterly revenue of $8.9m1 up 8% on Proforma Q1FY222 GROWING • Annualised revenue run rate of $35.6m3 with significant new clients in process of being onboarded REVENUE • Added $3.4m in expected annual revenue from new sales during the quarter • $531k4 cash g
Slide 4: Q1 FY23 Revenue
Q1 FY23 Revenue $8.9m Quarterly Revenue ($m) Revenue for quarter 8.9 8.6 $35.6m 6.1 Annualised Revenue run rate 3.4 $3.4m 3.2 Expected annual revenue from new sales Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 1. Unaudited revenue. 4
Slide 5: Q1 FY23 Cash flow and operating profit
Q1 FY23 Cash flow and operating profit Cash flow positive and Cash flow Operating profit profitable from operating activities: • Growing existing clients 0.5 • Onboarding new clients 0.3 • Fiscal discipline • Investing into revenue -0.3 generating technology • Identification and -0.8 management of -
Slide 6: Q1 FY23 Operational Highlights
Q1 FY23 Operational Highlights 894 +40 Active Clients Net Promoter 295k $15.3m Score Digital payment Referred debt in the Transactions past 12 months 34k respondents 19% up QoQ for the quarter 99% 861k $59m 99 Client retention New client wins Of top 100 clients Total Committed 65% up QoQ 4% up QoQ P
Slide 7: Uplift in performance with digital
Uplift in performance with digital OPTIMISER TEST FOR ARMA SOUTH EAST WATER OPTIMISER CASE STUDY Demonstrates the power of the Optimiser The purpose of this case study is to demonstrate the effectiveness of module and also the depth of knowledge digital collection strategies against non-digital or t
Slide 8: Strong growth in digital payments
Strong growth in digital payments 2.5bn Australian account receivables industry in midst of digital transformation Digital Payments ($m) • Record digital collections in Q1 of $15.3m, 19% QoQ • Annualised digital payments run rate of over $60m 15.28 • Being introduced earlier in the lifecycle with ma
Slide 9: Building a sustainable competitive advantage (moat) with AI & data
Building a sustainable competitive advantage (moat) with AI & data TOLL ROAD OPERATOR – ARTIFICIAL INTELLIGENCE • AI experiment achieves a 35% uplift for a major toll road operator • Case study clearly shows the power of Credit Clear’s AI which predicts the next best channel, message and timing • Th
Slide 10: Credit Clear: FY23 Outlook
Credit Clear: FY23 Outlook • Existing customers referring more business with higher average debt Winning new business • Significant new client wins in Q1FY23 still being onboarded • Growing revenue trajectory has accelerated into H1FY23 • $531k cash from operating activities in Q1FY23 Cash flow posi
Slide 11: 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
Slide 12: Supplementary material
C creditclear Supplementary material
Slide 13: Why we are winning business
Why we are winning business 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 19% QoQ • Unmatched collections optimisation, adaptive workflows
Slide 14: Industry landscape, fewer competitors
Industry landscape, fewer competitors • 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 contingent debt collection p
Slide 15: Credit Clear: Our point of difference
Credit Clear: Our point of difference Our mission is to dramatically improve the customer experience during the account receivables process and thereby enhance the outcome for our clients. NPS +42 Across 177k respondents 15
Slide 16: Socioeconomic environment providing tailwinds
Socioeconomic environment providing tailwinds 16