BUZZ-Australia's Credit Clear hits nearly 20-month high on strong start to FY25

Reuters
2024-10-21

** Shares of Credit Clear rise as much as 10.6% to A$0.365, their highest level since Feb 28, 2023

** Stock posts its biggest intraday pct jump since July 29

** Tech co posts record YTD revenue of A$11.96 mln ($8.02 mln) in FY25

** Says on track to meet or beat its FY25 revenue forecast of A$48 mln to A$50 mln

** About 1.1 mln shares change hands, compared with the 30-day average trading volume of 461,647 shares

** Stock up 83.3% YTD, as of last close

($1 = 1.4916 Australian dollars)

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com;))

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