Credit Corp Group Limited ( (AU:CCP) ) has shared an update.
Credit Corp Group Limited has released its FY25 market update, highlighting its strategic focus on leveraging large market opportunities in US debt buying and maintaining strong operational capabilities in Australian and New Zealand lending and debt buying. The company aims for long-term growth with a target return on equity of 16% to 18%, supported by low gearing and efficient cost management. The update underscores Credit Corp’s commitment to responsible lending and market disruption through lower pricing, positioning itself as a leader in the credit-impaired consumer segment.
More about Credit Corp Group Limited
Credit Corp Group Limited operates in the financial services industry, focusing on credit-impaired consumer segments. The company is involved in debt buying in the US, Australia, and New Zealand, as well as lending in Australia and New Zealand. It emphasizes operational excellence, compliance, and utilizes advanced analytics and technology to maintain efficiency and low dispute rates.
Average Trading Volume: 174,305
Technical Sentiment Signal: Sell
Current Market Cap: A$895.1M
For an in-depth examination of CCP stock, go to TipRanks’ Stock Analysis page.