I think by June next year they should be on track for $50m revenue as a base.
They will also be profitable post ARMA acquisition.
$50m made up of:
If Credit clear maintains its growth trajectory of 70% growth
Credit clear $18.7m (new client wins - organic)
ARMA $22m (stated yesterday they were on track for that on the presentation )
Techhub deal $10m (assuming deployment over entire $1b book of debt)
No doubt the ARMA merger is a great fit - 65% of current clients transitionable already to credit clear platform
You then have further upside from the UK and US.
Should be a pretty exciting 12 months coming up.
As Andrew Smith said yesterday, it's great to get in at the start of the journey.
Ann: Share Purchase Plan, page-8
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CCR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $125.3M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 32.0¢ | 30.0¢ | $107.5K | 349.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 168416 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.54pm 30/07/2024 (20 minute delay) ? |
| CCR (ASX) Chart |