Credible Labs Inc. operates an online marketplace that allows consumers to receive financial product offers from financial institutions in the United States.
Limited growth with worrying balance sheet.
Share Price & News
How has Credible Labs's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CRD has not had significant price volatility in the past 3 months.
7 Day Return
AU Consumer Finance
1 Year Return
AU Consumer Finance
Return vs Industry: CRD exceeded the Australian Consumer Finance industry which returned 65% over the past year.
Return vs Market: CRD exceeded the Australian Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is Credible Labs's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall StIf You Had Bought Credible Labs (ASX:CRD) Stock A Year Ago, You Could Pocket A 151% Gain Today
10 months ago | Simply Wall StDo Insiders Own Lots Of Shares In Credible Labs Inc. (ASX:CRD)?
11 months ago | Simply Wall StIf You Had Bought Credible Labs (ASX:CRD) Stock A Year Ago, You Could Pocket A 18% Gain Today
Is Credible Labs undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CRD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CRD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CRD is unprofitable, so we can't compare its PE Ratio to the Consumer Finance industry average.
PE vs Market: CRD is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CRD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CRD is overvalued based on its PB Ratio (10.7x) compared to the AU Consumer Finance industry average (2x).
How is Credible Labs forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CRD is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CRD is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CRD is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CRD's revenue (35.6% per year) is forecast to grow faster than the Australian market (3.8% per year).
High Growth Revenue: CRD's revenue (35.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CRD is forecast to be unprofitable in 3 years.
How has Credible Labs performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRD is currently unprofitable.
Growing Profit Margin: CRD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CRD is unprofitable, and losses have increased over the past 5 years at a rate of -40.6% per year.
Accelerating Growth: Unable to compare CRD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CRD is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (14.2%).
Return on Equity
High ROE: CRD has a negative Return on Equity (-28.09%), as it is currently unprofitable.
How is Credible Labs's financial position?
Financial Position Analysis
Short Term Liabilities: CRD's short term assets ($29.5M) exceed its short term liabilities ($5.8M).
Long Term Liabilities: CRD's short term assets ($29.5M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: CRD is debt free.
Reducing Debt: CRD had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CRD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CRD has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of -52.7% each year.
What is Credible Labs's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CRD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CRD's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CRD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CRD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CRD's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Stephen James Dash founded Credible Labs, Inc. in September 2012 and has been as its Chief Executive Officer since then. Mr. Dash has been Executive Director of Credible Labs, Inc. since November 21, 2 ...
|Founder||7.17yrs||no data||43.62% $242.5m|
|Chief Financial Officer||1.75yrs||no data||no data|
|Investors Contact||no data||no data||no data|
|General Counsel and Head of Legal & Compliance||no data||no data||no data|
|VP and Head of Product & Design||5.42yrs||no data||no data|
|VP & Head of Engineering||2.75yrs||no data||no data|
|Head of Partnerships & Business Development||no data||no data||no data|
|Head of Marketplace Operations||no data||no data||no data|
Experienced Management: CRD's management team is considered experienced (4.1 years average tenure).
|Founder||7.17yrs||no data||43.62% $242.5m|
|Independent Non-Executive Director||1.92yrs||no data||0.026% $145.9k|
|Independent Non-Executive Chairman||no data||no data||no data|
|Non-Executive Director||2.58yrs||no data||no data|
|Non-Executive Director||4.17yrs||no data||0.98% $5.4m|
Experienced Board: CRD's board of directors are considered experienced (3.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.9%.
Credible Labs Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Credible Labs Inc.
- Ticker: CRD
- Exchange: ASX
- Founded: 2012
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: AU$555.919m
- Shares outstanding: 252.69m
- Website: https://www.credible.com
Number of Employees
- Credible Labs Inc.
- 22 4th Street
- 8th Floor
- San Francisco
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CRD||CHIA (Chi-X Australia)||Yes||NPV CDI 25:1||AU||AUD||Dec 2017|
|CRD||ASX (Australian Securities Exchange)||Yes||NPV CDI 25:1||AU||AUD||Dec 2017|
Credible Labs Inc. operates an online marketplace that allows consumers to receive financial product offers from financial institutions in the United States. Its products include student loans, student loan refinancing, personal loans, and credit cards, as well as mortgage refinancing. The company was formerly known as Stampede Labs Inc. and changed its name to Credible Labs Inc. in December 2013. Credible Labs Inc. was founded in 2012 and is based in San Francisco, California. As of October 17, 2019, Credible Labs Inc. operates as a subsidiary of Fox Corporation.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/11/16 10:40|
|End of Day Share Price||2019/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.