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
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.55|
|52 Week High||AU$0.44|
|52 Week Low||AU$1.20|
|1 Month Change||12.25%|
|3 Month Change||2.80%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||19.56%|
Recent News & Updates
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...
|CCR||AU Software||AU Market|
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.
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
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
|CCR fundamental statistics|
Is CCR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CCR income statement (TTM)|
|Cost of Revenue||AU$9.06m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.036|
|Net Profit Margin||-73.03%|
How did CCR perform over the long term?See historical performance and comparison
Is Credit Clear 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 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).
How is Credit Clear forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Credit Clear performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management 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,...
Experienced Management: CCR's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: CCR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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
Dilution of Shares: CCR only recently listed within the past 12 months.
Credit Clear Limited's employee growth, exchange listings and data sources
- 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
- Credit Clear Limited
- 530 Collins Street
- Level 18
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 07:03|
|End of Day Share Price||2021/10/15 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.