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The latest update is out from Credit Clear Limited ( (AU:CCR) ).
Credit Clear Limited reported a successful first half of the fiscal year 2025, with a 16% increase in revenue to $23.2 million and a 64% rise in underlying EBITDA to $2.9 million. The company reaffirmed its guidance for the full year, expecting revenue between $48 million and $50 million, driven by new client acquisitions and increased business from existing clients. The company’s strategic focus on the insurance sector has resulted in significant growth, with revenue from insurance clients increasing by 50% to $4.4 million. Credit Clear’s expansion into the energy and telecommunications sectors, along with potential Tier-1 clients in financial services, healthcare, and education, positions it for continued growth and industry integration.
More about Credit Clear Limited
Credit Clear Limited is an Australian technology company specializing in debt resolution services. The company is focused on serving various industry sectors, including insurance, energy, telecommunications, financial services, healthcare, and education, with a competitive advantage derived from its dedicated team approach and customized solutions.
YTD Price Performance: -2.94%
Average Trading Volume: 323,669
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$135.7M
Find detailed analytics on CCR stock on TipRanks’ Stock Analysis page.
