CCR 0.00% 25.5¢ credit clear limited

Ann: Further upgrade to FY24 Guidance, page-8

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    Good to see positive momentum, albeit not sure it warranted a guidance update. Sure 23% improvement, but already forecasting first EBITDA positive year which was significant enough IMO. Feels like CCR is a momentum business, with well explained lag times between onboarding and revenue growth. Probably more to come given macro tailwinds, recent sales success, and business unit integration hopefully stabilising. Valuation is understandable in this environment, and remains a courage hold, but further revenue growth is key for market to be convinced.
 
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