Credit Clear (ASX:CCR) Net Margin % : -10.49% (As of Dec. 2023)

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What is Credit Clear Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Credit Clear's Net Income for the six months ended in Dec. 2023 was A$-2.10 Mil. Credit Clear's Revenue for the six months ended in Dec. 2023 was A$20.03 Mil. Therefore, Credit Clear's net margin for the quarter that ended in Dec. 2023 was -10.49%.

The historical rank and industry rank for Credit Clear's Net Margin % or its related term are showing as below:

ASX:CCR' s Net Margin % Range Over the Past 10 Years
Min: -73.03 Med: -58.6 Max: -15.78
Current: -15.78

ASX:CCR's Net Margin % is ranked worse than
72.4% of 2764 companies
in the Software industry
Industry Median: 1.71 vs ASX:CCR: -15.78

Credit Clear Net Margin % Historical Data

The historical data trend for Credit Clear's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Credit Clear Net Margin % Chart

Credit Clear Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Net Margin %

-73.03

-58.60

-31.64

Credit Clear Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			-88.29	-45.27	-41.60	-21.80	-10.49

Competitive Comparison of Credit Clear's Net Margin %

For the Information Technology Services subindustry, Credit Clear's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Credit Clear's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Credit Clear's Net Margin % distribution charts can be found below:

* The bar in red indicates where Credit Clear's Net Margin % falls into.

Credit Clear Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Credit Clear's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-11.058	/	34.951
	=	-31.64 %

Credit Clear's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-2.102	/	20.03
	=	-10.49 %

Credit Clear (ASX:CCR) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Credit Clear Net Margin % Related Terms

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Credit Clear (ASX:CCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Credit Clear Ltd (ASX:CCR) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 11, 41-43 Bourke Road, Alexandria, NSW, AUS, 2015

Website

https://www.creditclear.com.au

Credit Clear Ltd is engaged in the business of providing financial services. The company specializes in receivables management solutions. Its segments include Collections and Legal Services. The company generates maximum revenue from the Collections segment. Geographically, it derives a majority of its revenue from Australia.