CREDIT CLEAR LIMITED (CCR)
Share Price Analysis and Chart

27/02/2026

1

Buy

$0.40

77.78%

Credit Clear's 1H26 result, reflected its Australian business only, with sales growth of 7.5%, and 37% of incremental revenue converting to EBITDA, driving 22% EBITDA growth, albeit slightly below Shaw and Partners' expectations.

There was exceptional momentum noted among Tier 1 and Tier 2 clients, with revenue from these cohorts estimated to have grown around 20%, underscoring the quality of earnings despite lumpiness in legal collections and softer contribution from smaller clients.

FY26 revenue and EDBITDA guidance has been upgraded  to reflect the Arc Europe and DTS acquisitions, with a larger contribution expected in FY27 as integration costs fall away.

The broker has trimmed revenue assumptions modestly, reducing NPATA forecasts by -9% to 1-4% for FY26/FY27, respectively resulting in a lower target price to $0.40 from $0.44. Buy, High risk rating unchanged.

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 1.70 cents.

17/11/2025

1

Buy

$0.46

104.44%

The analyst at Petra Capital views Credit Clear’s first-quarter update and ARC Europe acquisition as reinforcing the company's growth trajectory and transition to sustainable profitability.

Q1 revenue rose 10% year-on-year to $13.2m, with FY26 guidance maintained at $50-52m revenue and $9-10m underlying earnings (EBITDA).

The -$10.9m ARC Europe acquisition provides entry into the UK market, explains the analyst, and potential for future margin upside through integration of Credit Clear’s digital platform.

Petra Capital highlights strong cash of $25.7m, no debt, and accelerating earnings growth. Target trimmed to 46c from 48c. 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.