CCR 3.39% 30.5¢ credit clear limited

Ann: CCR Q4 FY21 Activity Report and Appendix 4C, page-29

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  1. 913 Posts.
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    Agree Davo128 the digital adoption revenue is definitely growing have a look at the below graph in the Q3 Update , Digital went from Q3 2020 12% to Q3 2021 37% of total revenue a percentage change of 25% which has been taken from traditional early stage collection (65% in Q3 2020 to 40% in Q3 2021).


    https://hotcopper.com.au/data/attachments/3471/3471747-f4dd598a2988600d262014d7373343c0.jpg

    I have also taken the below from the Q4 FY21 update that really highlight the digital adoption take up

    • The acceptance and adoption of Credit Clear SAAS digital receivables management solution over traditional approaches continues with digital revenue comprising 34% of total revenue this quarter and traditional to digital revenue conversion up 573% on pcp and up 3% on Q3 FY 21. Digital communications increased to more than 3.6 million for the quarter an increase of 203% on pcp and 29% to Q3 FY21

    • Credit clear digital platform continues to perform strongly achieving record quarterly revenue of 1.1 million (with 470k achieved in June 2021 which represents an increase of 170% on pcp)

    https://hotcopper.com.au/data/attachments/3472/3472201-ddc58d1a4d6de02a93b610270bcf58d3.jpg


    • With this monthly trend revenue of $470k in June 2021 I am hoping that the next quarter digital revenue is well over 1.5 million dollars
    Last edited by redalice: 15/08/21
 
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