• Revenue grew 12% to $46.9m, driven by expanded client relationships and higher debt file referrals
• Underlying EBITDA improved 76% to $7.4m, with margins increasing from 10% to 16%
• Cash position strengthened to $15.6m, enabling investment in digital innovation and potential expansion

Credit Clear Limited (ASX: CCR), an Australian technology and debt collection provider, has announced its financial results for the year ending 30 June 2025 (FY25). The company delivered record revenue of $46.9m, a 12% increase on the prior corresponding period (pcp), driven by expanded client relationships and an 11% rise in active debt file referrals amid a supportive economic environment. While FY25 gross margins remained flat at 53% due to upfront investments in onboarding and resourcing new clients, the benefits of this investment are expected to drive revenue uplift in FY26. Credit Clear achieved Underlying EBITDA of $7.4m for the year, a 76% improvement on pcp, reflecting disciplined cost management and the scalability of its digital platforms, with digital collection payments growing at a stronger rate than total revenue. Underlying EBITDA margin improved from 10% in FY24 to 16% in FY25. The company's cash position strengthened to $15.6m as of 30 June 2025, up $2.5m from FY24, positioning it well to fund growth opportunities, including further digital innovation and potential market expansion. Credit Clear's innovative digital technology drove a 20% increase in direct digital payments to $140m, with the Consumer cohort showing the strongest adoption. The company's technology platform has also resulted in accelerated collection rates and improved customer satisfaction, as evidenced by a Net Promoter Score of +40 across 550,000 responses. The company added 182 new clients during the year, including expansions in Tier-2 clients, and has observed a strong sales pipeline with growing opportunities in sectors such as energy, utilities, insurance, and government.

Credit Clear anticipates FY26 revenue to be in the range of $50 million to $52 million, with client onboarding investments made in FY25 expected to drive revenue uplift. The company expects Underlying EBITDA in the range of $9 million to $10 million, with continued margin improvement.

As Credit Clear looks to FY26, the company is well-positioned to capitalise on ongoing digital transformation trends within its industry, delivering better outcomes for clients and their customers. The company's improved financial foundations, including growth in cash balance, margins, and operating leverage, provide the flexibility to execute on opportunities as they arise.