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.
The balance sheet of Credit Corp shows minimal debt of only...
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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 |