• Completed sale of US Pay Now business for US$26.35 million
• Returned to core operations, delivering 4% revenue growth and positive NPAT
• Proposed interim dividend of 0.5 cents per share

In H1 FY26, QuickFee simplified its business model and returned to its core business, with the divestment of its US Pay Now business (ACH, Card and Connect). The US operations are now focused solely on the Finance product. Reported revenue was down 14% to A$10.1 million (H1 FY25: A$11.7 million), however the underlying business - excluding divested products - delivered revenue growth of 4% on a like-for-like basis. The sale of the US Pay Now business led to a 40% reduction in total operating expenses in H1 FY26 on pcp. Reported EBTDA (excluding the profit on sale) of A$2.0 million was up significantly from A$0.3 million in H1 FY25. Importantly, this improved profitability with positive reported NPAT of A$0.8m (H1 FY25: loss of A$1.2 million) (again before the profit on sale). QuickFee has proposed an interim dividend of 0.5 cent per share, in line with the updated capital management strategy.

QuickFee recorded a profit on sale of A$35.6 million from the sale of the US Pay Now business. The group reported a positive EBTDA of A$2.0 million (excluding the profit on sale of the US Pay Now business in the current period), a A$1.7 million improvement over H1 FY25 (A$0.3 million). QuickFee delivered positive group profit after tax of A$0.8 million (H1 FY25: loss of A$1.2 million) before the profit on sale. Reported profit after tax and including the profit on sale was up A$37.7 million to A$36.5 million.

QuickFee has a positive outlook for its underlying AU Finance & US Finance operations. The company has established a reseller agreement with Aiwyn, whereby QuickFee's US Finance offering will be embedded into Aiwyn's products, providing significant opportunity to accelerate growth in the US market.