Forum Topics CCP CCP CCP FY24 Results Presentation

Pinned straw:

Added one year ago

Another year on from the Including staff acquired as part of the acquisition of Collection House during H1 FY23

Noted: Net Profit Margin 1 Year is down from: 19% to 9.37%

But

ROE: is rising


@mushroompanda

f5f8aed4f060b597c20692edde937656ec3a19.png

6839249aaddb98e8824f262f535726102081ac.png

CCP share price and company information for ASX:CCP

e4c7edcced543f146bce74ba53bbbd87490b06.png



About CCP

The Company operates within the Australian debt collection and consumer lending industry.

Events

Directors / Senior management

  • Mr Eric Dodd
  • Chair, Non Exec. Director
  • Mr Thomas Beregi
  • Managing Director, CEO
  • Mr Phillip Aris
  • Non Exec. Director
  • Mr Bradley John Cooper
  • Non Exec. Director
  • Ms Lyn McGrath
  • Non Exec. Director
  • Mr James Morrison Millar
  • Non Exec. Director
  • Ms Trudy Vonhoff
  • Non Exec. Director
  • Mr Matthew Angell
  • Chief Op. Officer
  • Mr Michael Eadie
  • CFO

Secretaries

  • Mr Michael Eadie
  • Company Secretary
  • Mr Thomas Beregi
  • Company Secretary

CCP head office

  

Head office contact information

address

Level 15, 201 Kent Street, SYDNEY, NSW, AUSTRALIA, 2000

Telephone(02) 8651 5000

Fax1300 483 012


Web site

http://www.creditcorp.com.au 

Share registry

 

Share registry contact information

share registry name

BOARDROOM PTY LIMITED

address

LEVEL 8, 210 GEORGE STREET, SYDNEY, NSW, AUSTRALIA, 2000

Telephone(02) 9290 9600


mushroompanda
Added one year ago

Thanks for the tag :D

I'm not following this one with the same level intensity to when I held, but still following nevertheless.

On the share price jump - I think the market really liked the PDL purchasing outlook and improved operating efficiency in the US.

One interesting point of note - after writing down some US PDLs in the 1H, the PDL accounting treatment was changed in 2H, extending the lifecycle from 6 to 8 years. As a result, PDL carry value on the balance rebounded to an all-time high. And this is where my main concern lies. It is certainly a very different investment to what it was just a few years ago if conservative accounting was part of the thesis.

692e87f34c5aa1631c22c783d2a8bfb28fb73a.png


15