Credit Clear FY26 slides: revenue up 28%, UK expansion accelerates
Credit Clear Limited, an Australian debt resolution provider, reported impressive financial results for the fiscal year ending June 30, 2026 on August 27, 2026. The company's shares rose 7.1% to $0.15 following the announcement, despite trading below its 52-week high of $0.30. Revenue increased by 28% year-over-year, reaching $60.0 million, driven by organic growth, the acquisition of ARC Europe and DTS, and the company's digital collections platform.
Underlying EBITDA grew by 41% to $10.5 million, with a 17.5% margin, while net profit after tax and amortization (NPATA) surged 65% to $6.7 million, a 45% increase. Cash flow from operations grew by 25% to $8.3 million, while the balance sheet remained robust with $16.9 million in net cash. Credit Clear aims to expand its presence in the UK market, which it estimates is four times larger than its domestic Australian market.
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