Credit Clear (CCR) H1 2025 earnings summary

Executive summary

• Achieved record half-year revenue of AUD 23.25 million, up 16% year-over-year, driven by growth from both new and existing clients and becoming a preferred debt resolution partner for tier one clients across multiple industries.

• Underlying EBITDA rose 66% to AUD 2.9 million, reflecting improved operating leverage and margin expansion, while reported EBITDA was AUD 1.08 million.

• Cash at bank stood at AUD 13.8 million, supporting future growth opportunities and ongoing investment in technology.

• Net loss after tax was AUD 2.17 million, a 3% increase compared to the prior period.

• Six consecutive halves of positive cash generation, reflecting a self-sustaining business model.

Financial highlights

• Revenue increased 16% year-over-year to AUD 23.25 million, mainly from new client wins.

• Underlying EBITDA margin improved from 9% to 13%; gross profit margin increased from 53% to 54%.

• 36% of incremental revenue flowed through to underlying EBITDA; 50% over two years.

• Cash generated from operations rose 50% in the half-year.

• Net tangible assets per share remained at AUD 0.03.

Outlook and guidance

• FY2025 revenue guidance reaffirmed at AUD 48–50 million, with underlying EBITDA expected to exceed AUD 7 million.

• Stronger second half anticipated, with major client onboardings and seasonal uptick expected.

• Focus on organic growth and digital collections technology, with UK expansion plans on hold.