Credit Group (ASX:CCP) Net Income From Continuing Operations : A$47.3 Mil (TTM As of Dec. 2023)

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What is Credit Group Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Credit Group's net income from continuing operations for the six months ended in Dec. 2023 was A$-12.1 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Dec. 2023 was A$47.3 Mil.

Credit Group Net Income From Continuing Operations Historical Data

The historical data trend for Credit Group's Net Income From Continuing Operations 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 Group Net Income From Continuing Operations Chart

Credit Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Net Income From Continuing Operations

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70.29

15.45

88.13

100.72

91.25

Credit Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Income From Continuing Operations	Get a 7-Day Free Trial															50.18	50.53	31.83	59.42	-12.13

Credit Group Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$47.3 Mil.

Credit Group (ASX:CCP) Business Description

Industry

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Traded in Other Exchanges

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Address

201 Kent Street, Level 15, Sydney, NSW, AUS, 2000

Website

https://www.creditcorp.com.au

Credit Corp operates in the distressed consumer debt market. In its core business, it acquires purchased debt ledgers, or PDLs, in Australia and is expanding this business globally by buying PDLs in the United States. These PDLs consist of unsecured debt that are at least six months in arrears and have already been through a collection process. Since 2012, Credit Corp also diversified its business into providing consumer credit to customers who are unable to gain access to credit from primary sources such as banks because of a poor credit history. Its consumer credit business is gaining scale but is also subject to increased regulatory scrutiny.

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