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Credit Clear Limited ( (AU:CCR) ) has issued an announcement.
Credit Clear Limited has completed its acquisition of illion Digital Tech Solutions Holdings Limited (DTS), a long-established SaaS provider of digital payments and collections solutions operating across the UK, Australia, New Zealand, the USA and Canada. DTS brings a 35-year track record, a blue-chip Tier 1 client base and FY26 year-to-date annualised revenue of $10 million with EBITDA of $1.2 million, and the deal is expected to be earnings accretive in its first year. By adding DTS’ voice-enabled, self-service digital payments and collections technology to its existing AI-driven platform, Credit Clear significantly broadens its digital offering, increases its digital collections share of annualised revenue from 5% to 17%, diversifies into new geographies and sectors, and follows a similar integration strategy to its successful ARMA acquisition, positioning the company for greater scale and international growth.
The most recent analyst rating on (AU:CCR) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Credit Clear Limited stock, see the AU:CCR Stock Forecast page.
More about Credit Clear Limited
Credit Clear Limited is an Australian technology company specialising in digital debt collections and customer communication solutions. Its platform, powered by artificial intelligence, enables organisations in sectors such as transport, financial services, insurance, government and utilities to improve repayment outcomes through digital-first, multi-channel engagement. Headquartered in Sydney with offices across major Australian cities, Credit Clear focuses on delivering smarter, faster and more efficient financial results for clients by modernising the collections experience.
Average Trading Volume: 433,831
Technical Sentiment Signal: Sell
Current Market Cap: A$128.3M
For a thorough assessment of CCR stock, go to TipRanks’ Stock Analysis page.