Credit Clear Limited – 2025 Interim Results Summary
Overall Report Tone
Credit Clear Limited reported strong revenue growth of 16% year-over-year, driven by new client acquisitions and increasing revenues from existing clients. EBITDA improved, while operating cash flow saw a notable 50% increase. However, the company remains loss-making, with a net loss widening slightly compared to the prior period.
Financial Summary
| Metric | HY24 (Dec 2024) | HY23 (Dec 2023) | Change |
|---|---|---|---|
| Revenue | $23.25m | $20.03m | +16% |
| Adjusted EBITDA | $1.08m | $0.97m | +11% |
| Operating Cash Flow | $2.47m | $1.64m | +50% |
| Adjusted EBT | $(2.16m) | $(2.20m) | +2% |
| Normalised EPS | (0.5c) | (0.5c) | Flat |
| Dividend Declared | None | None | – |
Positive Surprises / Potential Concerns
✅ Revenue growth of 16%, driven by both existing and new client onboarding.
✅ Strong cash generation, with a 50% increase in operating cash flow.
⚠️ Net loss widened slightly to $2.17m, though cost control appears steady.
⚠️ Higher service delivery and employee costs impacted profitability.
Results vs Market Expectations
✅ Revenue likely exceeded expectations given strong client wins and 16% growth.
✅ EBITDA showed an improvement, signalling operational efficiency gains.
⚠️ Continued net losses could weigh on sentiment, despite revenue momentum.
⚠️ No dividends declared, which may disappoint income-focused investors.
Outlook & Guidance
✅ Strong momentum in new client wins, supporting continued revenue growth.
✅ Digital collections platform enhancement remains a key focus area.
⚠️ No formal guidance provided, leaving uncertainty around future profitability.
⚠️ Macroeconomic conditions could impact client payment behaviours.
Disclaimer: This information is provided purely for educational purposes. It takes no account of an individual’s personal financial circumstances and hence can in no way constitute financial advice. The above data may be subject to errors or inconsistencies for which the author takes no liability. It is imperative that all investors do their own research or if they need advice, seek it from a qualified financial adviser.
Quick Take: H1FY25 ASX:CCR