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QuickFee Ltd. ( (AU:QFE) ) has issued an announcement.
QuickFee Limited reported its financial results for the first half of the fiscal year 2025, marking its first-ever profitable half-year with a positive EBTDA of $0.3 million. The company achieved a 26% increase in total revenue compared to the previous year, driven by strong growth in both the Australian and US markets. The Australian segment saw a 49% revenue increase, largely due to the high-margin disbursement funding finance product, while the US experienced an 8% revenue rise. QuickFee’s Connect platform also gained traction, with a significant increase in client onboarding, which is expected to drive further revenue growth in the second half of FY25. This performance reflects QuickFee’s scalable business model and its optimistic outlook for continued growth in both regions.
More about QuickFee Ltd.
QuickFee is a financial technology company that focuses on helping professional service firms, particularly in the accounting and legal sectors, accelerate their accounts receivables and improve cash flow. The company operates in the United States and Australia, providing a platform that offers multiple online payment options and e-invoicing integrations to speed up the bill-to-cash cycle for firms.
YTD Price Performance: -16.67%
Average Trading Volume: 112,838
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$34.18M
See more insights into QFE stock on TipRanks’ Stock Analysis page.
