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CCR

Credit ClearASX:CCR Stock Report

Market Cap

AU$124.1m

7D

11.1%

1Y

n/a

Updated

17 Oct, 2021

Data

Company Financials
CCR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

CCR Overview

Credit Clear Limited engages in the development, implementation, and provision of the receivables management systems and receivable collection services in Australia and New Zealand.

Credit Clear Competitors

Equifax

NYSE:EFX

US$32.2b

Collection House

ASX:CLH

AU$25.1m

Price History & Performance

Summary of all time highs, changes and price drops for Credit Clear
Historical stock prices
Current Share PriceAU$0.55
52 Week HighAU$0.44
52 Week LowAU$1.20
Beta0
1 Month Change12.25%
3 Month Change2.80%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO19.56%

Recent News & Updates

Feb 27
Alexander Waislitz of Credit Clear Limited (ASX:CCR) Just Spent AU$741k On Shares

Alexander Waislitz of Credit Clear Limited (ASX:CCR) Just Spent AU$741k On Shares

Those following along with Credit Clear Limited ( ASX:CCR ) will no doubt be intrigued by the recent purchase of shares...

Shareholder Returns

CCRAU SoftwareAU Market
7D11.1%2.8%0.9%
1Yn/a27.7%20.2%

Return vs Industry: Insufficient data to determine how CCR performed against the Australian Software industry.

Return vs Market: Insufficient data to determine how CCR performed against the Australian Market.

Price Volatility

Is CCR's price volatile compared to industry and market?
CCR volatility
CCR Beta0
Industry Beta0.84
Market Beta1

Stable Share Price: CCR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: CCR's weekly volatility has decreased from 12% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015n/aDavid Hentschkehttps://creditclear.com.au

Credit Clear Limited engages in the development, implementation, and provision of the receivables management systems and receivable collection services in Australia and New Zealand. The company offers digital billing and communication technology platform that allows its clients to manage their receivables; and legal services for debt recovery. It serves transport, financial services, insurance, government, and utilities industries.

Credit Clear Fundamentals Summary

How do Credit Clear's earnings and revenue compare to its market cap?
CCR fundamental statistics
Market CapAU$124.13m
Earnings (TTM)-AU$8.02m
Revenue (TTM)AU$10.98m

11.3x

P/S Ratio

-15.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CCR income statement (TTM)
RevenueAU$10.98m
Cost of RevenueAU$9.06m
Gross ProfitAU$1.92m
ExpensesAU$9.94m
Earnings-AU$8.02m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.036
Gross Margin17.45%
Net Profit Margin-73.03%
Debt/Equity Ratio0%

How did CCR perform over the long term?

See historical performance and comparison

Valuation

Is Credit Clear undervalued compared to its fair value and its price relative to the market?

7.59x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CCR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CCR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CCR is unprofitable, so we can't compare its PE Ratio to the Australian Software industry average.

PE vs Market: CCR 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 CCR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CCR is overvalued based on its PB Ratio (7.6x) compared to the AU Software industry average (5.2x).


Future Growth

How is Credit Clear forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

41.1%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Credit Clear has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Credit Clear performed over the past 5 years?

-87.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: CCR is currently unprofitable.

Growing Profit Margin: CCR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if CCR's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare CCR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CCR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).


Return on Equity

High ROE: CCR has a negative Return on Equity (-49.05%), as it is currently unprofitable.


Financial Health

How is Credit Clear's financial position?


Financial Position Analysis

Short Term Liabilities: CCR's short term assets (A$14.8M) exceed its short term liabilities (A$5.3M).

Long Term Liabilities: CCR's short term assets (A$14.8M) exceed its long term liabilities (A$702.0K).


Debt to Equity History and Analysis

Debt Level: CCR is debt free.

Reducing Debt: CCR had no debt 5 years ago.


Balance Sheet


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: CCR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CCR has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 9.1% each year.


Dividend

What is Credit Clear current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CCR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CCR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CCR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CCR'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 CCR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.3yrs

Average management tenure


CEO

David Hentschke

0.17

Tenure

Mr. David Hentschke is Group Chief Executive Officer of Credit Clear Limited from August 2021. He most recently played an instrumental role in leading Property Exchange Australia Limited’s (PEXA) strategy,...


Leadership Team

Experienced Management: CCR's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: CCR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: CCR only recently listed within the past 12 months.


Top Shareholders

Company Information

Credit Clear Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Credit Clear Limited
  • Ticker: CCR
  • Exchange: ASX
  • Founded: 2015
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$124.128m
  • Shares outstanding: 225.69m
  • Website: https://creditclear.com.au

Location

  • Credit Clear Limited
  • 530 Collins Street
  • Level 18
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:03
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.