CI1
Director Trades
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Company News
Credit Intelligence launches YOZO Pay BNPL service for SMEs
Credit Intelligence (ASX: CI1) is the latest entry into the popular buy now pay later space, with the launch of its YOZO Pay BNPL service for small-to-medium enterprises. YOZO Pay has been designed to offer BNPL borrowers a credit facility with more flexible repayment frequency options with costs only incurred on facility drawdowns. Credit Intelligence […]
Credit Intelligence posts 384% increase in full-year net profit
Financial services provider Credit Intelligence (ASX: CI1) has reported significant jumps in revenue and profits for the 12 months ended 30 June and also declared a dividend of $0.0005 per share. The company today released its preliminary final report for the year, announcing a 125% increase in revenue to $13.6 million while net profit jumped […]
The best and worst of times loom for ASX listed debt collectors
With apologies to Charles Dickens, it’s the best of times or the worst of times for the receivables management industry – known in less polite circles as ‘debt collectors’. Broadly speaking, the sector’s fortunes are inversely correlated to the economy, so swelling unemployment and consumer and business stresses imply rosy fortunes. But, too much misery […]
Credit Intelligence completes acquisition of Chapter Two
Financial services provider Credit Intelligence (ASX: CI1) has announced the completion of its 60% acquisition of Sydney-based debt restructuring firm, Chapter Two Holdings, and has its eye on more Australian businesses. Today’s news follows a share purchase agreement announced in early June with the Hong Kong and Singapore-based lender aiming to use the acquisition to […]
Credit Intelligence enters Australia to capitalise on COVID-19 driven recession
Financial services provider Credit Intelligence (ASX: CI1) is eager to benefit from Australia’s current economic recession through its timely acquisition of Sydney-based debt negotiation business Chapter Two Holdings. The Hong Kong and Singapore-based lender has had its sights set on expanding into Australia for some time and at the start of June announced a share […]
Credit Intelligence eyes 420% rise in FY 2020 profit, declares special dividend
Credit Intelligence (ASX: CI1) is forecasting a 420% increase in its full year 2020 profit compared to FY 2019, with the company also declaring a special dividend of $0.0005 per share. Focused on providing personal insolvency management services and credit to people and small and medium enterprises, Credit Intelligence said there have been little impact […]
Credit Intelligence set to gain from global downturn
It might seem like doom and gloom for much of the stock market at the moment, but for financial services company Credit Intelligence (ASX: CI1), now is the time to shine. Offering debt restructuring, credit funding and bankruptcy administration services, the Hong Kong and Singapore-based lender has had its eye on Australia for some time […]
Credit Intelligence posts strong half-yearly results, appoints prominent Sydney banker as director
Diversified financial services company Credit Intelligence (ASX: CI1) has posted a 355% increase in half-yearly profits after tax to $1.258 million, on the back of a 116% increase in revenue. The company’s results to 31 December also reflected a 333% increase in earnings per share and a boosted cash flow from operations of $777,516, compared […]
Credit Intelligence posts strong half-yearly report, responds to ASX query on share price rise
Debt restructuring and personal insolvency management services company Credit Intelligence (ASX: CI1) has announced an unaudited revenue of $5.3 million and a $1.2 million profit after tax for the half year to December 2019. The profit represents a 335% jump on the previous corresponding period and was underpinned by an ongoing strong performance from the […]
