The balance sheet of Credit Corp shows minimal debt of only $3.6m.. They also have a lending facility and headroom of $372m. This will give the ability to grow significantly without any need to raise any additional equity for a while.
The new 700 seat facility in Washington will also be able to support significant growth in the US market
Given the disruptions over FY21 from Covid I thought that the performance was quite good.
They now have the ability to grow the business with consumer lending and purchasing debt.
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Last
$12.94 |
Change
-0.260(1.97%) |
Mkt cap ! $880.7M | |||
| Open | High | Low | Value | Volume |
| $12.77 | $13.07 | $12.74 | $3.285M | 255.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 843 | $12.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.00 | 843 | 1 |
View Market Depth
| Last trade - 16.15pm 23/06/2025 (20 minute delay) ? |
| CCP (ASX) Chart |