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Credit Clear Limited ( (AU:CCR) ) has issued an update.
Credit Clear Limited announced the acquisition of DTS, a SaaS collections business operating globally with a 35-year track record. The acquisition, valued at A$7.75 million, is expected to enhance Credit Clear’s digital offerings by incorporating DTS’ voice capabilities, expanding its client base of Blue-Chip companies, and diversifying operations across geographic regions. By complementing prior acquisitions and enabling cross-selling opportunities, this transaction anticipates accelerating revenue growth, optimizing services through technology integration, and driving significant benefits for both clients and the company.
The most recent analyst rating on (AU:CCR) stock is a Hold with a A$0.27 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, an Australian technology provider in the debt collection and management industry, offers innovative Software-as-a-Service (SaaS) solutions. The company focuses on using data-driven insights, AI intelligence, and adaptive workflows to enhance digital debt collection and engagement processes across industries like financial services, telecoms, utilities, and government.
Average Trading Volume: 628,446
Technical Sentiment Signal: Sell
Current Market Cap: A$119.7M
For detailed information about CCR stock, go to TipRanks’ Stock Analysis page.