Sector: Debt recovery utilising digital communication and payment management platform using AI and machine learning. View to improve customer engagement and debt management. Focus on communication and marketing as opposed to straight debt collection.
Customers include Bendigo Bank, Suncorp, Prospa, Toyota Finance Australia, Seek, BMW, Queensland Health.
Recently appointed CEO David Hentschke ex PEXA Group.
Revenue $11m up 70% year on Year. Includes $3.5m Digital revenue up 147% and 94% gross digital profit margin
As at the end of June held $10.7m in cash and cah equivilants.
A SCALABLE business!
Looks interesting.
Disc. I hold Credit Clear shares.