ASX:CCR
Credit Clear Ltd
Investment Summary
The fund managers believe Credit Clear Ltd is well-positioned for continued growth following its acquisition of the ARMA customer debt servicing business. In their opinion, Credit Clear differentiates itself from traditional debt collection companies by utilizing AI and machine learning systems, which allows them to manage outstanding debts more efficiently. Their focus on tier-1 clients, such as telcos and energy companies, contributes to strong net promoter scores (NPS) and sustained revenue growth. The fund managers are confident that the company will meet or exceed its projected revenue growth of approximately 20%.
Please note: The completeness, accuracy or current status of the investments referenced are not guaranteed.
Commentary From The Manager
Cyan Investment Management
Date
31 Oct 2024
Price
$0.31
Medium
Monthly Report
Commentary
Cyan C3G Fund initiated a position in Credit Clear Ltd (CCR) due to the company's transformation following its acquisition of ARMA, a customer debt servicing business. Unlike traditional debt collection firms that rely on aggressive tactics, Credit Clear utilizes AI and machine learning systems to manage outstanding debts for tier-1 clients, such as telcos and energy companies. This approach has resulted in strong net promoter scores (NPS) and a track record of sustained, growing revenues. The company has also recently confirmed that it expects to meet or exceed its prior revenue growth guidance of around 20%. Given Credit Clear’s innovative approach and strong growth trajectory, Cyan C3G Fund believes it has significant potential in the evolving debt collection market.
Please note: The completeness, accuracy or current status of the investments referenced are not guaranteed.