Credit Clear to Meet or Beat Fiscal Year 2025 Revenue Guidance

MT Newswires Live2024-10-22

Credit Clear (ASX:CCR) said it is on track to meet or beat its fiscal year 2025 revenue guidance of AU$48 million to AU$50 million with a revenue run rate of about AU$48 million and growth from existing tier-1 clients and new clients, according to a Monday filing with the Australian Securities Exchange.

The technology company reported record revenue of nearly AU$12 million during the fiscal first quarter ended Sept. 30, up 19% on the previous corresponding period, the filing said.

Additionally, the company signed 79 new clients in the September quarter, and is in discussions with potential tier-1 clients, according to the filing.

Price (AUD): $0.34, Change: $+0.0030, Percent Change: +0.89%

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