CREDIT CLEAR LIMITED (CCR)
Share Price Analysis and Chart

23/06/2026

1

Initiation of coverage with Speculative Buy

$0.30

160.87%

Morgans initiates research coverage on Credit Clear with a Speculative Buy rating and $0.30 target, highlighting the company’s proprietary digital collections platform and growing position in contingent debt collections.

The broker believes Credit Clear is well placed to consolidate market share across Australia, New Zealand and the larger UK market through both organic growth and acquisitions.

FY26 guidance implies to the analyst revenue growth of 24% and earnings (EBITDA) growth of 34%, supported by recent acquisitions.

Morgans also points to a strong balance sheet, with $20.9m in cash and no drawn debt, providing flexibility for further expansion.

FORECAST
Morgans forecasts a full year FY26 dividend of 0.00 cents and EPS of 1.06 cents.
Morgans forecasts a full year FY27 dividend of 0.00 cents and EPS of 1.44 cents.

29/07/2026

1

Buy

$0.40

247.83%

Shaw and Partners retains a Buy rating for Credit Clear with a $0.40 target price following an upgraded trading update for FY26.

Full-year revenue reached $60m to outperform previous management guidance ranges, while underlying EBITDA expanded 41% to $10.4m.

Strong operational performance was supported by utility clients resuming collections alongside five-month contributions from recent acquisitions DTS and ARC Europe.

The analyst projects 30% EBITDA growth for FY27, driven by full-year acquisition contributions and continued market share expansion within Australian receivables management.

Commentary suggests uncertainty around ongoing regulatory proceedings with consumer protection authorities appears to overshadow cheap earnings multiples and a strong net cash balance sheet supporting share buybacks.

FORECAST
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of 1.40 cents.
Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of 1.70 cents.