Credit Clear Limited (ASX: CCR), an Australian technology and debt collection provider offering digital-first solutions to manage and recover outstanding debts, has announced its full year financial results for the period ended 30 June 2026 (FY26), highlighting significant revenue and earnings growth. For FY26, Credit Clear achieved $60.0 million in revenue, a 28% increase, driven by 9% organic growth and contributions from the acquisitions of DTS and UK-based ARC Europe. Underlying EBITDA rose 41% to $10.5 million, with margins improving to 17.5%. Underlying NPATA grew 65% to $6.7 million, and underlying Earnings Per Share increased 45% to 1.4 cents per share. The company maintained a robust financial position, with underlying operating cashflow up 25% to $8.3 million and net cash balances of $16.9 million. These strategic acquisitions, funded via an institutional placement and a new bank debt facility, significantly expand Credit Clear’s total addressable market, especially with its entry into the UK. A share buy-back program also saw $7.7 million in shares purchased.
Credit Clear provided an update on the ongoing Australian Competition and Consumer Commission (ACCC) investigation against its subsidiaries, ARMA Group Holdings Pty Ltd and Force Legal Pty Ltd, regarding alleged contraventions of Australian Consumer Law. Credit Clear denies the allegations and intends to defend the proceedings. The company stated that, to date, the proceedings have not materially impacted financial results or FY27 guidance.
Looking ahead, Credit Clear anticipates FY27 revenue to be between $73.0 million and $77.0 million, and underlying EBITDA to range from $12.0 million to $14.0 million. This outlook assumes no material operational impact from the ACCC proceedings and expects a skew towards second-half performance, consistent with prior periods. Credit Clear remains confident in its future prospects for continued organic growth.
