CCR 2.08% 23.5¢ credit clear limited

Ann: AGM FY23 - Investor Presentation, page-11

  1. 4,603 Posts.
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    I think if we get another quarter of over $10m we will get a re-rate and revised guidance (noting Dec and Jan are historically their weakest months).

    Do you know when the update is due this month?

    Will be looking at:

    1. Revenue - back to back $10m quarters
    2. Cash flow - How close we are getting to being cash flow positive
    3. Costs - Would like to see the costs remain flat, as more and more of the book is transferred to digital you would like to see this come down
    4. Margins - What make up digital is now of collections.
    5. Client onboarding - Been a long journey on getting the bank('s) onboard, hopefully a positive update there

    Been buying under $0.20, think it's still really cheap here.

    Been a long time coming, but looks like the selling pressure has dried up and we are set for a run.

    Think the company is going a lot better now than when we were trading at $0.40

    Hopefully these upcoming results will wake the market up to that fact.

 
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