Credit Clear Limited reported a record Q3 revenue of $10.5 million, up 22% from the previous corresponding period (pcp), driven by the acquisition of two new tier-1 clients and marked its fourth consecutive quarter of positive cash from operations, now totaling $1.8 million year-to-date.
The company also reaffirmed its FY24 guidance with an expected Underlying EBITDA of over $3 million and revenue between $40 million and $42 million, alongside reporting a strong balance sheet with $12.4 million cash at bank and significant client growth including 83 new clients and a notable increase in digital collection by 59% on pcp.
ASX Code :CCR