SYDNEY: Credit Clear Limited (ASX: CCR), a leading Australian digital debt resolution provider, reported a 12% rise in revenue to A$46.9 million for the fiscal year ended June 30, 2025, driven by strong client onboarding and increased adoption of its AI-powered collections platform.
Underlying EBITDA surged 76% to A$7.4 million, reflecting operational efficiencies and margin expansion. The company generated A$5.8 million in cash from operations, up 57% year-over-year, and ended the period with A$15.6 million in cash reserves.
Credit Clear onboarded 182 new clients in FY25, including tier-1 corporations such as Optus, Vodafone, and Alinta Energy. Digital collections rose 20% to A$140 million, while the number of active debt files grew to 5.2 million.
CEO Andrew Smith said the company’s proprietary technology is transforming traditional receivables management. “We’re seeing strong demand from regulated industries seeking scalable, frictionless debt resolution,” Smith said.
Looking ahead, Credit Clear expects FY26 revenue between A$50 million and A$52 million, with underlying EBITDA guidance of A$9 million to A$10 million. The company also announced an on-market share buyback of up to 10% of its issued capital.
Credit Clear’s integrated platform spans digital engagement, contingent recovery, and legal services, positioning it as a full-service provider in a growing market.