CREDIT CLEAR LIMITED (CCR)
Share Price Analysis and Chart

31/10/2025

1

Buy, High Risk

$0.45

57.89%

Credit Clear has made a bold move into the UK, suggests Shaw and Partners, by acquiring ARC Europe, a regulated, high-quality debt resolution business.

The acquisition provides around $9m in revenue and $1.5m in earnings (EBITDA), with management paying -$10.7m or 7.2 times earnings. This will be accretive given Credit Clear trades at 9.8 times FY26 earnings, explains the analyst.

Credit Clear's advanced, data-driven debt recovery platform should translate well to ARC’s high-volume, low-value receivables market, in the broker's view.

The broker upgrades its profit forecasts by 15-30% and slightly lowers its EPS forecasts due to a $21m equity raise.

Buy, High Risk. Target raised to 45c from 40c.

FORECAST
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of 1.40 cents.
Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of 1.80 cents.

01/09/2025

1

Buy

$0.49

71.93%

Petra Capital notes Credit Clear's FY25 operating result broadly met expectations given the guidance was updated in late July.

Revenue rose 12% y/y to $46.9m and underlying EBITDA margin increased to 16% from 10% the year before.

The FY26 underlying EBITDA guidance of $9-10m is below the broker's forecast but represents a strong 37% jump over FY25.

Target trimmed to 48c from 49. Buy retained.

FORECAST
Petra Capital forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.60 cents.
Petra Capital forecasts a full year FY27 dividend of 0.00 cents and EPS of 1.20 cents.