CCR

4.31%

27.8¢ credit clear limited

Ann: Q3'24 Investor Presentation, page-13

First 13 Last

Share
Profile

Follow
nostaj

1 Posts.

04/06/24

14:31

Post #: 74157165
Share

Originally posted by mcgriff: ↑

Following the IB you get the sense an earnings guidance upgrade isn't too far away. A lot of momentum building, not only in the existing customer base but also in organic growth too.

The team couldn't hope for a better economic backdrop so if they can't make serious hay in the next few quarters then there's a strategy or business model problem.

Thought they presented well today. Very optimistic about the near and mid term. A few other notes:
- Q3 always tough. Fewer BDs and lots of annual leave. Bear in mind the majority of the business is not yet digital and requires human interface
- Digital GP% around 80%, and getting to a point where its growth is impacting (dragging up) overall margins
- Market scanning for inorganic, new-geo opportunities ongoing and may appear sooner rather than later (although some coyness around timing)
- Increased regulation a
- Investors have inquired about underlying profitability - i.e. if CA and growth was switched off what would things look like. Answer was 'materially more profitable', but that is not at all what management is focused on. For now, it's about growth and investment into customer acquisition. Expect that this will mean cash earnings and EBITDA % will remain lower than it could be (certainly vs a steady-state case) for some time, and don't expect divvies
- Achieving a 20% pcp growth rate is significant. Maintaining it will be even more so. The 'old' SaaS rules (e.g. R40, CAC/LTV) all still apply and a 20% pcp rev growth rate will pique investor interest. Even better if you can generate rather than burn cash while doing so.

Overall walking away with stronger conviction than ever. Maintain the 20% and we hit $11m rev in 4Q, and $12m+ in 1Q25, with GP% improvements as digital outperforms. Could easily see $6-8m EBITDA in FY25, even with ongoing investment into CA/growth.

I would be interested in understanding the revenue model. Is it only fee-for service, or is there a fixed component to it as well?

Expand

Did you manage to get a handle on the revenue model? this has just come up on my watchlist and I'm keen to understand more.

CCR Price at posting: 25.0¢ Sentiment: Buy Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Bitcoin: Current State of Play & Where to Next | Swyftx

MOV

MOVE Logistics picks new interim CEO to take over operations from early September

AWJ

Auric banks $6.3M in August with processing on-target for 300K in 2024

VTM

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

ARD

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

WNX

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Appliances and furnishings impress - will Harvey Norman be next?

Emerald & Azure score Digger & Dealer awards

G88

Golden Mile ditches Marble Bar and Murchison tenements after weak fieldwork results

M2R

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

There are more pages in this discussion • 1 more message in this thread...

First 13 Last

Add CCR (ASX) to my watchlist

(20min delay)
Last 27.8¢		Change -0.013(4.31%)		Mkt cap ! $115.9M

Open	High	Low	Value	Volume
27.8¢	28.0¢	27.8¢	$127.1K	458.0K

Buyers (Bids)

No.	Vol.	Price($)
5	202891	27.5¢

Sellers (Offers)

Price($)	Vol.	No.
28.0¢	1228	1

View Market Depth

No.	Vol.	Price($)
5	202891	0.275
3	130143	0.270
3	117490	0.265
1	80000	0.255
1	20500	0.250

Price($)	Vol.	No.
0.280	1228	1
0.290	332	1
0.300	99482	3
0.305	3000	1
0.310	98948	2

Last trade - 15.59pm 16/08/2024 (20 minute delay)

CCR (ASX) Chart

Ann: Q3'24 Investor Presentation, page-13

Bitcoin: Current State of Play & Where to Next | Swyftx

MOVE Logistics picks new interim CEO to take over operations from early September

Auric banks $6.3M in August with processing on-target for 300K in 2024

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Appliances and furnishings impress - will Harvey Norman be next?

Emerald & Azure score Digger & Dealer awards

Golden Mile ditches Marble Bar and Murchison tenements after weak fieldwork results

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Q3'24 Investor Presentation, page-13

Top Stories

Bitcoin: Current State of Play & Where to Next | Swyftx

MOVE Logistics picks new interim CEO to take over operations from early September

Auric banks $6.3M in August with processing on-target for 300K in 2024

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Appliances and furnishings impress - will Harvey Norman be next?

Emerald & Azure score Digger & Dealer awards

Golden Mile ditches Marble Bar and Murchison tenements after weak fieldwork results

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News