Credit Clear Posts 28% Revenue Growth in Fiscal 2026; Shares Hit Record Low

MT Newswires Live
Jul 23

Credit Clear (ASX:CCR) reported strong unaudited fiscal 2026 results, with revenue rising 28% year over year to AU$60 million, surpassing its guidance range of AU$57 million to AU$59 million, according to a Thursday Australian bourse filing.

Underlying earnings before interest, taxes, depreciation, and amortization increased 41% to AU$10.4 million, reaching the upper end of the company's guidance, per the filing.

The growth was supported by operational efficiencies, economies of scale, organic business growth, and contributions from the ARC Europe and DTS acquisitions, the filing said.

The company expects to release its fiscal 2026 financial results on Aug. 27, the filing added.

The company's shares were flat in recent Thursday trade and earlier hit a record low.

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