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