CCR 4.17% 25.0¢ credit clear limited

Nice to see this. A couple of key call-outs in my mind:Revenues...

  1. 117 Posts.
    lightbulb Created with Sketch. 211
    Nice to see this. A couple of key call-outs in my mind:

    • Revenues at top end of range ($42m) imply a c. $11.5m Q4 and suggests a steeper growth rate is being achieved than anticipated. Good to see but not that unexpected given macro tailwinds
    • Margin improvement driving EBITDA out-performance is the key surprise here. Did not expect that, given management's previous comment about investing into Customer Acquisition and resourcing for growth

    In combination these impacts make for an interesting roll-forward into FY25! I had previously suspected that a stretch budget for FY25 would have EBITDA in the $7-8m range. Might need to reconfigure now...

    Go well
 
watchlist Created with Sketch. Add CCR (ASX) to my watchlist
(20min delay)
Last
25.0¢
Change
0.010(4.17%)
Mkt cap ! $104.4M
Open High Low Value Volume
24.0¢ 25.0¢ 24.0¢ $14.78K 59.12K

Buyers (Bids)

No. Vol. Price($)
3 83424 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 12189 1
View Market Depth
Last trade - 15.36pm 24/07/2024 (20 minute delay) ?
CCR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.