• Strong revenue growth, up 25% to $25.3m
• Improved underlying profitability, with Group underlying EBTDA of $2.4m
• Increasing adoption of Connect platform, with over 127,000 invoices delivered

QuickFee Limited (ASX: QFE) has announced its financial results for the financial year ended 30 June 2025 (FY25). The company reported strong revenue growth, with total group revenue up 25% on the prior corresponding period (pcp) to $25.3 million. The Australian business saw a 36% increase in revenue to $12.4 million, driven by 15% growth in Finance Total Transaction Volume (TTV) and a 290 basis point increase in Finance revenue yield. The US business also performed well, with revenue up 15% to $12.9 million, including a 9% increase in US Finance TTV and a 12% increase in US Pay Now TTV. The company also saw improved underlying profitability, with a 12% decrease in operating expenses across all categories and Group underlying EBTDA of $2.4 million, compared to an EBTDA loss of $3.2 million in FY24. The company also reported increasing adoption of its Connect platform, with five integrations with major practice management solutions and approximately 100 firms signed up, resulting in over 127,000 invoices delivered via the platform. The company's balance sheet was also strengthened, with the completion of refinancing facilities including an $118 million asset-backed receivables facility and a $5 million term loan facility.

QuickFee is entering FY26 with strong business fundamentals and positive underlying EBTDA. The company expects FY26 EBTDA to be in the range of $5.5 million - $6.5 million, weighted to the second half.