The revenue/active file of $17 earned would probably see Money sucessfully collected of say $85 per file assuming they earn 20% commision on monies collected for the 1st half so annually $170 per file.
The key to CCR sucess is Digital collection without requiring high labour costs like other collection agencies incur. So if they keep growing the client base and keep on this trajectory of collections rate and gross profit margins should hopefully see a material increase in the share price.
The revenue/active file of $17 earned would probably see Money...
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Last
33.0¢ |
Change
0.005(1.54%) |
Mkt cap ! $138.7M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.5¢ | 32.8¢ | $5.893K | 17.90K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 228335 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 13508 | 2 |
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| Last trade - 15.43pm 18/10/2024 (20 minute delay) ? |
| CCR (ASX) Chart |