Credit Corp Group Ltd 2021 AR2
The report highlights Credit Corp Group's strong financial recovery and operational momentum during the 2021 fiscal year, achieving an 11% increase in net profit after tax to $88.1 million. The company expanded its US debt buying operations, doubling its segment net profit to $17.7 million, and completed the largest purchased debt ledger transaction in Australian history by acquiring the Collection House book. Additionally, Credit Corp launched its first Reconciliation Action Plan and maintained industry-leading compliance and customer hardship response ratings.
Company: Credit Corp Group Ltd
Sector: Business support services
Country: Australia
Year: 2021
Type: AR2
Pages: 104
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Credit Corp Group Ltd
Annual Report
The report highlights Credit Corp Group's strong financial recovery and operational momentum during the 2021 fiscal year, achieving an 11% increase in net profit after tax to $88.1 million. The company expanded its US debt buying operations, doubling its segment net profit to $17.7 million, and completed the largest purchased debt ledger transaction in Australian history by acquiring the Collection House book. Additionally, Credit Corp launched its first Reconciliation Action Plan and maintained industry-leading compliance and customer hardship response ratings.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees