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Credible Labs

ASX:CRD
Snowflake Description

Excellent balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CRD
ASX
A$556M
Market Cap
  1. Home
  2. AU
  3. Diversified Financials
Company description

Credible Labs Inc. operates an online marketplace that allows consumers to receive financial product offers from financial institutions in the United States. The last earnings update was 101 days ago. More info.


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CRD Share Price and Events
7 Day Returns
0%
ASX:CRD
1.3%
AU Consumer Finance
0.9%
AU Market
1 Year Returns
152.9%
ASX:CRD
58.9%
AU Consumer Finance
16.3%
AU Market
CRD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Credible Labs (CRD) 0% 0% 0.5% 152.9% - -
AU Consumer Finance 1.3% -5.7% 18.9% 58.9% 33.4% 34.4%
AU Market 0.9% 0.6% 6% 16.3% 22.3% 22.5%
1 Year Return vs Industry and Market
  • CRD outperformed the Consumer Finance industry which returned 58.9% over the past year.
  • CRD outperformed the Market in Australia which returned 16.3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Credible Labs undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Credible Labs. This is due to cash flow or dividend data being unavailable. The share price is A$2.2.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Credible Labs's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Credible Labs's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:CRD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.04
ASX:CRD Share Price ** ASX (2019-10-15) in AUD A$2.2
ASX:CRD Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.681 $1.5
Australia Consumer Finance Industry PE Ratio Median Figure of 7 Publicly-Listed Consumer Finance Companies 13.41x
Australia Market PE Ratio Median Figure of 519 Publicly-Listed Companies 18.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Credible Labs.

ASX:CRD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:CRD Share Price ÷ EPS (both in USD)

= 1.5 ÷ -0.04

-37.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Credible Labs is loss making, we can't compare its value to the AU Consumer Finance industry average.
  • Credible Labs is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Credible Labs's expected growth come at a high price?
Raw Data
ASX:CRD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -37.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
31.2%per year
Australia Consumer Finance Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Finance Companies 1.06x
Australia Market PEG Ratio Median Figure of 346 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Credible Labs, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Credible Labs's assets?
Raw Data
ASX:CRD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $0.14
ASX:CRD Share Price * ASX (2019-10-15) in AUD A$2.2
ASX:CRD Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.681 $1.5
Australia Consumer Finance Industry PB Ratio Median Figure of 12 Publicly-Listed Consumer Finance Companies 2.05x
Australia Market PB Ratio Median Figure of 1,585 Publicly-Listed Companies 1.75x
ASX:CRD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:CRD Share Price ÷ Book Value per Share (both in USD)

= 1.5 ÷ 0.14

10.74x

* Primary Listing of Credible Labs.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Credible Labs is overvalued based on assets compared to the AU Consumer Finance industry average.
X
Value checks
We assess Credible Labs's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. Credible Labs has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Credible Labs expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Credible Labs expected to grow at an attractive rate?
  • Unable to compare Credible Labs's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Credible Labs's earnings growth to the Australia market average as it is expected to be loss making during the next 1-3 years.
  • Credible Labs's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:CRD Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:CRD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 31.2%
ASX:CRD Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 35.6%
Australia Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 48.3%
Australia Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 22.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 9.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:CRD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:CRD Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 87 1 -4 2
2020-12-31 62 -6 -10 2
2019-12-31 43 -9 -12 2
2019-11-16
ASX:CRD Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 37 -7 -9
2019-03-31 32 -8 -11
2018-12-31 26 -10 -13
2018-09-30 23 -9 -14
2018-06-30 19 -9 -15
2018-03-31 19 -7 -13
2017-12-31 20 -5 -11
2017-09-30 18 -3 -8
2017-06-30 16 -1 -5
2017-03-31 12 -2 -3
2016-12-31 9 -3 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Credible Labs is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Credible Labs's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:CRD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Credible Labs Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CRD Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 -0.02 0.00 -0.03 2.00
2020-12-31 -0.04 -0.03 -0.05 2.00
2019-12-31 -0.04 -0.04 -0.05 2.00
2019-11-16
ASX:CRD Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.04
2019-03-31 -0.05
2018-12-31 -0.05
2018-09-30 -0.06
2018-06-30 -0.07
2018-03-31 -0.06
2017-12-31 -0.06
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.03
2016-12-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Credible Labs will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Credible Labs's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Credible Labs has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Credible Labs performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Credible Labs's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Credible Labs does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Credible Labs's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Credible Labs's 1-year growth to the Oceania Consumer Finance industry average as it is not currently profitable.
Earnings and Revenue History
Credible Labs's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Credible Labs Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CRD Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 37.29 -9.46 18.05
2019-03-31 31.84 -11.25 18.35
2018-12-31 26.39 -13.05 18.65
2018-09-30 22.77 -14.13 17.37
2018-06-30 19.15 -15.21 16.08
2018-03-31 19.45 -13.19 13.26
2017-12-31 19.76 -11.18 10.43
2017-09-30 17.65 -7.92 8.92
2017-06-30 15.54 -4.65 7.41
2017-03-31 12.19 -3.13 6.44
2016-12-31 8.83 -1.61 5.46
2015-12-31 1.47 -1.87 1.87
2014-12-31 0.04 -0.59 0.42

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Credible Labs has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Credible Labs has efficiently used its assets last year compared to the AU Consumer Finance industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Credible Labs improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Credible Labs's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Credible Labs has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Credible Labs's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Credible Labs's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Credible Labs is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Credible Labs's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Credible Labs's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 6.6467692403439E+16x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Credible Labs Company Filings, last reported 4 months ago.

ASX:CRD Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 33.67 0.00 24.27
2019-03-31 33.67 0.00 24.27
2018-12-31 37.91 0.00 29.64
2018-09-30 37.91 0.00 29.64
2018-06-30 42.98 0.00 33.08
2018-03-31 42.98 0.00 33.08
2017-12-31 49.60 0.00 43.92
2017-09-30 49.60 0.00 43.92
2017-06-30 3.75 10.15 12.31
2017-03-31 3.75 10.15 12.31
2016-12-31 8.43 10.00 14.12
2015-12-31 10.03 0.00 8.59
2014-12-31 -0.71 1.81 0.76
  • Credible Labs's level of debt (0%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Credible Labs's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Credible Labs has sufficient cash runway for 2.1 years based on current free cash flow.
  • Credible Labs has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 52.7% each year.
X
Financial health checks
We assess Credible Labs's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Credible Labs has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Credible Labs's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Credible Labs dividends.
If you bought A$2,000 of Credible Labs shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Credible Labs's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Credible Labs's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:CRD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Australia Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 3.2%
Australia Market Average Dividend Yield Market Cap Weighted Average of 390 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.4%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:CRD Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
2019-11-16

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Credible Labs has not reported any payouts.
  • Unable to verify if Credible Labs's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Credible Labs's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Credible Labs has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Credible Labs's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Credible Labs afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Credible Labs has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Credible Labs's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Stephen Dash
TENURE AS CEO 7.2 years
CEO Bio

Mr. Stephen James Dash founded Credible Labs, Inc. in September 2012 and has been as its Chief Executive Officer since then. Mr. Dash has been Executive Director of Credible Labs, Inc. since November 21, 2012. He served as Secretary of Credible Labs Inc. until 2018. Mr. Dash has led Credible’s strategy and execution since inception, raising more than $23 million in capital, launching the Student Loan Refinancing, Private Student Loan Origination, Personal Loans and Credit Cards Marketplaces and growing the Credible team to more than 100 people. Prior to founding Credible, Stephen was an Investment Banker at J.P. Morgan, an Investment Director at M.H. Carnegie & Co and a Co-founder of Quickcharge Media. Mr. Dash holds a Bachelor of Commerce (Hons) from the University of Queensland.

CEO Compensation
  • Insufficient data for Stephen to compare compensation growth.
  • Insufficient data for Stephen to establish whether their remuneration is reasonable compared to companies of similar size in Australia.
Management Team Tenure

Average tenure of the Credible Labs management team in years:

4.1
Average Tenure
  • The tenure for the Credible Labs management team is about average.
Management Team

Stephen Dash

TITLE
Founder
TENURE
7.2 yrs

Chris Bishko

TITLE
Chief Financial Officer
AGE
49
TENURE
1.8 yrs

Richard Chan

TITLE
Investors Contact

Jessica Rossman

TITLE
General Counsel and Head of Legal & Compliance

Colin Bowman

TITLE
VP and Head of Product & Design
TENURE
5.4 yrs

Jai Vijan

TITLE
VP & Head of Engineering
TENURE
2.8 yrs

Dave Lewis

TITLE
Head of Partnerships & Business Development

Jereme Albin

TITLE
Head of Marketplace Operations
Board of Directors Tenure

Average tenure and age of the Credible Labs board of directors in years:

3.4
Average Tenure
54
Average Age
  • The tenure for the Credible Labs board of directors is about average.
Board of Directors

Ron Suber

TITLE
Independent Non-Executive Chairman
AGE
54

Stephen Dash

TITLE
Founder
TENURE
7 yrs

Sally Chaplain

TITLE
Independent Non-Executive Director
AGE
61
TENURE
1.9 yrs

Dean Dorrell

TITLE
Non-Executive Director
TENURE
4.2 yrs

Ray Yang

TITLE
Non-Executive Director
AGE
45
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Credible Labs's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Credible Labs has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

If You Had Bought Credible Labs (ASX:CRD) Stock A Year Ago, You Could Pocket A 151% Gain Today

We'll need to follow Credible Labs for a while to get a better sense of its share price trend, since it hasn't been listed for particularly long. … Check out our latest analysis for Credible Labs Because Credible Labs is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … The revenue growth is decent but the share price had an even better year, gaining 151%.

Simply Wall St -

Do Insiders Own Lots Of Shares In Credible Labs Inc. (ASX:CRD)?

Check out our latest analysis for Credible Labs ASX:CRD Ownership Summary, May 30th 2019 What Does The Institutional Ownership Tell Us About Credible Labs? … We can see that Credible Labs does have institutional investors; and they hold 12% of the stock. … Insider Ownership Of Credible Labs The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

If You Had Bought Credible Labs (ASX:CRD) Stock A Year Ago, You Could Pocket A 18% Gain Today

Given that Credible Labs didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth. … If the company can maintain the revenue growth, the share price could go higher still.

Simply Wall St -

What Should Investors Know About The Future Of Credible Labs Inc.'s (ASX:CRD)?

The most recent earnings announcement Credible Labs Inc.'s (ASX:CRD) released in December 2018 … company earnings became less negative compared to the previous year's level … as a result of recent tailwinds

Simply Wall St -

What Kind Of Shareholder Owns Most Credible Labs Inc (ASX:CRD) Stock?

If you want to know who really controls Credible Labs Inc (ASX:CRD), then you'll have to look at the makeup of its share registry. … Credible Labs is not a large company by global standards. … Check out our latest analysis for Credible Labs

Simply Wall St -

Will Credible Labs Inc's (ASX:CRD) Earnings Grow In The Next Couple Of Years?

In December 2017, Credible Labs Inc (ASX:CRD) announced its most recent earnings update, which … company earnings became less negative compared to the previous year's level … as a result of recent tailwinds

Simply Wall St -

Credible Labs Inc (ASX:CRD): Are Analysts Optimistic?

Credible Labs Inc's (ASX:CRD):. … Credible Labs Inc. … operates an online marketplace that allows consumers to receive financial product offers from financial institutions in the United States.

Simply Wall St -

Credible Labs Inc (ASX:CRD): What Can We Expect In The Future?

Credible Labs Inc's (ASX:CRD) released its most recent earnings update in December 2017, which revealed company earnings became less negative compared to the previous year's level - great news for investors Today I want to provide a brief commentary on how market analysts predict Credible Labs's earnings growth trajectory over the next couple of years and whether the future looks brighter. … View our latest analysis for Credible Labs Analysts' outlook for next year seems pessimistic, with earnings becoming even more negative, arriving at -US$14.50M in 2019. … The pro of this technique is that we can get a better picture of the direction of Credible Labs's earnings trajectory over the long run, irrespective of near term fluctuations, which may be more relevant for long term investors.

Simply Wall St -

Should You Be Concerned About Credible Labs Inc's (ASX:CRD) Shareholders?

View our latest analysis for Credible Labs ASX:CRD Ownership_summary Apr 20th 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … Private Company Ownership Potential investors in CRD should also look at another important group of investors: private companies, with a stake of 7.86%, who are primarily invested because of strategic and capital gain interests. … Thus, investors should dig deeper into CRD's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: Institutional ownership level and composition in CRD is not high nor active enough to significantly impact its investment thesis.

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What Can We Expect for Credible Labs Inc (ASX:CRD) Moving Forward?

See our latest analysis for Credible Labs What’s the catalyst for Credible Labs's sector growth? … ASX:CRD PE PEG Gauge Jan 25th 18 Consumer finance companies are typically trading at a PE of 18.2x, in-line with the Australian stock market PE of 17.9x. … Next Steps: Credible Labs has been a consumer finance industry laggard in the past year.

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Company Info

Description

Credible Labs Inc. operates an online marketplace that allows consumers to receive financial product offers from financial institutions in the United States. Its products include student loans, student loan refinancing, personal loans, and credit cards, as well as mortgage refinancing. The company was formerly known as Stampede Labs Inc. and changed its name to Credible Labs Inc. in December 2013. Credible Labs Inc. was founded in 2012 and is based in San Francisco, California. As of October 17, 2019, Credible Labs Inc. operates as a subsidiary of Fox Corporation.

Details
Name: Credible Labs Inc.
CRD
Exchange: ASX
Founded: 2012
A$555,919,320
252,690,600
Website: http://www.credible.com
Address: Credible Labs Inc.
22 4th Street,
8th Floor,
San Francisco,
California, 94013,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CRD NPV CDI 25:1 Australian Securities Exchange AU AUD 08. Dec 2017
CHIA CRD NPV CDI 25:1 Chi-X Australia AU AUD 08. Dec 2017
Number of employees
Current staff
Staff numbers
134
Credible Labs employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/16 10:40
End of day share price update: 2019/10/15 00:00
Last estimates confirmation: 2019/10/16
Last earnings filing: 2019/08/07
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.