QuickFee Appendix 4E and Annual Report FY25

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Stock Quickfee Ltd (QFE.ASX)
Release Time 21 Aug 2025, 8:10 a.m.
Price Sensitive Yes
 QuickFee Appendix 4E and Annual Report FY25
Key Points
  • QuickFee delivered strong financial results in FY25, with revenue growth across all products, a decrease in operating expenses and positive underlying EBTDA
  • Total revenue was up 25% to A$25.3 million, driven by an outstanding year for the Australian business and a solid performance in the US business
  • QuickFee has a unique product portfolio made up of flexible payment options and engagement-to-cash workflow automation
Full Summary

In FY25, QuickFee delivered strong revenue growth, positive underlying EBTDA and strengthened its balance sheet through the refinancing of its debt facilities to fund further loan book growth in the US and Australia. Total revenue was up 25% to A$25.3 million, underlying operating expenses were down 12% to A$13.9 million and underlying EBTDA (before a one-off credit loss provision expense) was positive at A$2.4 million in FY25, a significant improvement on the EBTDA loss of A$3.2 million in FY24. The key focus was on increasing adoption of the Connect platform, expanding the number of invoices delivered via Connect and establishing new high-margin, recurring subscription revenue streams, along with growing the existing business in the US and Australia. In the US, revenue increased by 14% (in USD) to US$8.3 million, driven by solid growth in both US Finance revenue and US Pay Now revenue. In Australia, the business delivered another strong result with revenue up by 36% to A$12.4 million, driven by a 15% increase in AU Finance TTV and a significant expansion of the revenue yield. QuickFee's strategy to unlock transformational growth in the US market is centered around five key areas: QuickFee Finance, QuickFee Connect, Differentiated Technology, Strategic Alliances and Partnerships and Accelerate Automation.

Guidance

QuickFee reported underlying positive EBTDA of A$2.4 million (before a one-off credit loss provision expense) for the 2025 financial year.

Outlook

QuickFee enters FY26 with positive momentum across the core business metrics and a strengthened balance sheet, following the refinancing of its debt facilities and a capital raise. The company remains confident that the continued execution of its strategic growth plan will result in profitable growth in Australia and the US.