AGM address, presentation and confirmation of FY26 guidance
Released
Released
Announcement PDF
QuickFee Limited (ACN: 624 448 693) 1
ASX Release | 18 November 2025
QuickFee Limited 2025 Annual General Meeting
address and presentation
QuickFee Limited (ASX: QFE) (“QuickFee”) attaches a presentation containing the following documents
to be presented at its 2025 Annual General Meeting (“AGM”) today:
+ Chair’s address;
+ Management presentation slides and confirmation of FY26 earnings guidance; and
+ Resolutions to be put to shareholders including the respective final proxy votes received.
The results of the AGM will be communicated to the ASX shortly after its conclusion.
This announcement has been authorised for release by the directors.
— END —
For further information please contact:
Corporate: Simon Yeandle, CFO
p : +61 2 8090 7700
e : simon.yeandle@quickfee.com
Investors: Katie Mackenzie
p : +61 455 502 197
e : kmackenzie@belleviewir.com.au
ABOUT QUICKFEE
QuickFee (ASX: QFE) is a market leader in the high-margin, B2B fee-funding industry for accounting and legal
professionals across Australia and the United States. Our mission is to help professional service firms get paid
faster.
Since 2009, QuickFee has been transforming how accounting and legal firms manage cash flow by offering flexible
financing options that meet the needs of our firms and their clients. QuickFee ensures firms are paid on time while
giving their clients the flexibility to access our firms' services. Through the QuickFee platform, firms can offer
clients multiple secure online payment options - including payment plans over 3-12 months - allowing clients to pay
at their own pace while firms receive payment upfront and in full.
QuickFee operates a mature, profitable business in Australia with steady growth and a rapidly expanding loan book
in legal disbursement funding for personal injury firms. In the United States, QuickFee has an established business
with significant opportunity to accelerate its proven growth and strengthen its leadership in lending to accounting
firms, supported by a new reseller agreement with a major payments provider.
QuickFee's scalable business model requires minimal ongoing product development and capital expenditure.
Backed by an experienced Board and management team with strong investor alignment, QuickFee is well-
positioned for continued growth and long-term value creation.
For more information, please visit quickfee.com or the QuickFee investor hub at investorhub.quickfee.com.
QuickFee Limited
2025 Annual
General Meeting
18 November 2025
AGENDA
Chair’s address
Management presentation
Fiscal Year 2025 review
Fiscal Year 2026 progress and outlook
Meeting formalities
Your Board & senior leadership team
18 November, 2025
Dale Smorgon
Non-Executive
Chairman
Michael McConnell
Non-Executive
Director
Bruce Coombes
Executive Director and
Chief Executive Officer
Simon Yeandle
Chief Financial Officer and
Company Secretary
CHAIR’S ADDRESS
On behalf of the Board, I am pleased to
welcome you today as the Chair of
QuickFee Limited.
I extend a warm welcome to
shareholders who are attending in
person and online, and to my fellow
directors.
I also welcome all members of our
highly talented and dedicated teams
both in Australia and in the United
States.
With the recent successful sale of our
US PayNow business there has been
significant change at QuickFee over
the past few months. However, I
would first like to go back and present
the financial results for the year ended
30 June 2025.
QuickFee delivered strong financial
results in FY25, with revenue growth
across all products, a decrease in
operating expenses and positive
underlying EBTDA of A$2.4 million,
which represented an important
inflection point in profitability for the
company.
Total revenue was up 25% on pcp to
A$25.3 million, driven by an
outstanding year for the Australian
business with revenue up 36% to
A$12.4 million and a solid performance
in the US business with revenue up
15% to A$12.9 million.
Total Transaction Volumes (TTV) were
at record highs again in FY25, with
significantly improved revenue yields
in the Australian business due to the
increasing proportion of higher margin
disbursement funding in the
Australian loan book.
QuickFee delivered savings of 12% in
underlying operating expenses,
leading to an underlying net loss in
FY25 of $900k, a significant
improvement from the net loss after
tax of A$4.7 million in FY24.
The Board and management team
were disappointed to record a one-off
provision expense of US$2.2 million
(A$3.4 million) for credit impairment,
due to one US firm defaulting on its
payment guarantees for the QuickFee
Finance product.
We have commenced legal
proceedings in the US against the firm
and its clients, with a view to
recovering amounts that are due and
payable, and are in discussions with
our insurer regarding claims under our
existing policies. We will update the
market as information becomes
available on any prospect of recovery.
A major operating milestone in FY25
was the refinancing of our debt
facilities, a new term loan facility, and
a A$1.532 million capital raise in which
all directors participated, including an
oversubscribed Share Purchase Plan.
We entered FY26 with positive
momentum and in September, we
announced the sale of our US Pay Now
business for A$40 million, to Aiwyn,
one of our major US competitors, at
an acquisition multiple of 5x FY25
revenue. The large majority of our
staff have effectively transitioned to
Aiwyn and our US Pay Now customers
are well served under new ownership.
Importantly, we have retained our high
margin Finance business in the US,
and have established a valuable
reseller agreement with Aiwyn,
whereby our US Finance offering will
be embedded into Aiwyn’s payments
solutions – effectively exposing our
Finance product to the growing base
of Aiwyn customers As this
partnership develops we anticipate
strong growth in our US loan book.
The Board agreed to distribute the
majority of proceeds from the sale
back to shareholders and we are
proposing a capital return of 7.5cps,
subject to shareholder approval at
today’s AGM.
QuickFee Founder and Executive
Director, Bruce Coombes has now
stepped into the CEO role to run the
Australian operations on a business as
usual basis, and also to manage our
Finance team in the US.
QuickFee is an an extremely strong
position, having a well established,
growing profitable Australian
business, with low capex
requirements and significant growth
potential in the US. The Board is
considering all options for capital
management and corporate activity,
including M&A opportunities that
might arise and are in the best
interests of shareholders.
I would like to thank the entire
QuickFee team for their focus and
dedication, particularly through the
significant changes over the past few
months. And I would also like to thank
shareholders for their continued
support.
Chair’s Address
www.quickfee.com 4
Yours
sincerely,
Dale Smorgon
Non-executive Chairman
Dear shareholders,
18 November, 2025
MANAGEMENT PRESENTATION
www.quickfee.com 6
WE HELP FIRMS
Reduce A/R
A/R typically runs high for
firms, and we can help turn
that A/R into cash
Grow the Business
There are many priorities
competing for cash, and we
help find more of it for firms
and their clients
OUR SOLUTIONS
Pay Now | EFT + Card (AU
only)
Secure digital payments
platform for accounting and
professional service firms
Pay Over Time | QuickFee
Finance
Exclusive invoice and fee
financing for clients to pay
over 3,6,9 or 12-months
Disbursement funding
Helping law firms pay
disbursements related to
personal injury and disputed
estates matters
B2B FINANCE
+ Designed specifically
for professional service
firms
+ No invoice maximum
for QuickFee Finance
+ Finance product is B2B
only, no consumer credit
regulations
TRUSTED FOR PAYMENTS AND
FINANCING SOLUTIONS SINCE 2009:
650+
PROFESSIONAL SERVICES
FIRMS CURRENTLY
FINANCED WORLDWIDE
$700M
LOANS ORIGINATED
SINCE INCEPTION
OVER
TARGET MARKET:
PROFESSIONAL SERVICES
FIRMS OVER $1M IN
ANNUAL REVENUE
QuickFee helps professional services firms
accelerate collection of accounts receivable, get paid faster
and grow their business.
18 November, 2025
FY25 Highlights: Inflection point in profitability
www.quickfee.com 7
+ REVENUE UP 25% ON PCP + UNDERLYING EBTDA*
POSITIVE in FY25
+ RECORD TRANSACTION
VOLUMES IN FY25
US PAY NOW US$ 1.5BN
UP 12%
GROUP LENDING A$ 115M
UP 15%
A$(3.2M)
A$2.4M
FY24 FY25
A$20.3M
A$25.3M
FY24 FY25
* Excluding one-off credit loss provision expense of US$ 2.2 million (A$ 3.4 million) in FY25
+ Earnings improved significantly in FY25 to $2.4m, with first ever full year positive underlying EBTDA
+ Operating expenses of $13.9m in FY25, down 12% on pcp, across all expense categories
+ One-off provision expense of US$2.2 million (A$3.4 million) for credit impairment
+ Reported EBTDA loss of A$1.0 million (FY24: loss of A$ 3.2 million), in line with updated guidance
18 November, 2025
FY25 TTV and revenue:
Outstanding AU performance and solid US growth
www.quickfee.com 8
+ TOTAL REVENUE OF
A$25.3M1, UP 25% ON PCP FY25 PERFORMANCE FY25 FY24 MOVEMENT
REVENUE
US FINANCE (PAY OVER TIME) US$ 3.0 M US$ 2.6 M +15%
US PAY NOW (ACH & CARD) US$ 5.3 M US$ 4.7 M +13%
AU FINANCE (PAY OVER TIME) A$ 10.9 M A$ 7.9 M +38%
TOTAL TRANSACTION VALUES (TTV)
US FINANCE (PAY OVER TIME) US$ 29.1 M US$ 26.7 M +9%
US PAY NOW (ACH & CARD) US$ 1,527 M US$ 1,365 M +12%
AU FINANCE (PAY OVER TIME) A$ 63.7 M A$ 55.5 M +15%
REVENUE BY YEAR (A$M)
10.9
14.8
20.3
25.3
FY22 FY23 FY24 FY25
18 November, 2025
Improved profitability in the US
www.quickfee.com
+ Strong revenue growth, up 14% to A$ 12.8 million: Reflects 15%
growth in Finance revenue to A$4.6 million and 13% growth in Pay Now
revenue to A$8.1 million
+ Establishment of new Connect subscription revenue:
+ Contributed $0.1m in FY25, with current ARR of US$413,000 and
expected strong growth trajectory in FY26
+ Total of five Connect integrations with the major practice
management solutions
+ Approximately 100 firms signed up to the Connect platform
+ Over 127,000 firm invoices delivered via Connect in FY25, up
from 19,000 in FY24
+ Positive underlying EBTDA: Significant 19% decrease in operating
expenses, primarily due to lower ACH processing costs, leading to
improvement in underlying EBTDA to +$3.3 million
+ New customer acquisition: Active firm numbers (up 4% to 806) and
US transactions (up 11% to 636K)
+ Launch of new payment portal which offers expanded functionality
* Excluding one-off credit loss provision expense of US$ 2.2 million (A$ 3.4 million)
**EBTDA = statutory EBITDA less interest expense on loan book borrowings. Unallocated and Product development expenses are not included in the above segment results.
9
US Financial Performance
A$’M FY25 FY24 %+/-
Pay Over Time (Finance) revenue 4.6 4.0 +15%
Pay Now (ACH + Card) revenue 8.1 7.2 +13%
Connect (software) revenue 0.1 - -
Total US revenue 12.8 11.2 +14%
Gross profit 9.1 7.4 +23%
Gross margin % 71% 66% +500bps
Operating expenses (5.8) (7.2) -19%
Underlying EBTDA* 3.3 0.2 +1,550%
Non-recurring credit loss provision (3.4) - -
Reported EBTDA** (0.1) (0.2) +150%
18 November, 2025
Expanding profitability in AU
www.quickfee.com 10
AU Financial Performance
A$’M FY25 FY24 %+/-
Pay Over Time (Finance) revenue 10.9 7.9 +38%
Pay Now (EFT + Card) revenue 1.0 0.9 +11%
BNPL revenue 0.5 0.3 +11%
Total revenue 12.4 9.1 +36%
Gross profit 7.2 5.3 +36%
Gross margin % 58% 58% -
Operating expenses (3.1) (2.9) +7%
EBTDA* 4.1 2.4 +71%
+ Strong revenue growth: AU revenue up 36% to $12.4 million,
driven by a 38% increase in Finance revenue to $10.9 million
+ Stable gross margin at 58% and slight increase in OPEX, up 7% on
pcp
+ EBTDA growth: Profitable operations expanded in AU with EBTDA
up 71% to A$4.1 million
+ 20% increase in AU transactions in FY25 to 72,000
+ Experienced management team led by Founder Bruce Coombes
*EBTDA = statutory EBITDA less interest expense on loan book borrowings
Unallocated and Product development expenses are not included in the above segment results.
AU FINANCE TTV (A$M) AU PAY NOW TTV (A$M) AU ACTIVE FIRMS AU TRANSACTIONS (000s)
18 November, 2025
Strengthened balance sheet & liquidity
www.quickfee.com 11
Loan book & Liquidity
A$M
30 SEPT
2025
30 JUNE
2025 $+/-
LOAN BOOK 58.9 58.6 +0.3
LOAN BOOK BORROWINGS 46.7 51.6 -4.9
CORPORATE DEBT 5.0 5.0 -
TOTAL DEBT 51.7 56.6 -4.9
Credit facilities
Viola credit facility
+ A$68 million committed facility.
+ Optional expansion to A$118 million (subject to approval)
+ Currently drawn to A$46.7 million
+ Interest margin of 6.5% plus BBSW
+ Secured against US & AU loan receivables
+ Advance rate 94% (average)
+ Maturity June 2028
Fancourt term loan
+ A$5 million drawn
+ Interest margin of 10% plus BBSW
+ Secured against parent company
+ Maturity December 2028
Q1 FY26 CASH MOVEMENT A$M
1 July 2025 6.9
Surplus cash from sale proceeds 28.6
Debt repayment and operating cashflow -4.7
UNRESTRICTED CASH ON HAND
AT 30 SEPTEMBER 2025 35.8
18 November, 2025
FY26 PROGRESS
AND OUTLOOK
Sale of US Pay Now business for US$26.35 million
www.quickfee.com 13
+ QuickFee sold its US Pay Now (ACH, Card & Connect) business for US$26.35 million (A$40 million) to
Aiwyn, Inc.
+ Sale announced on 8 September 2025 and completed on 9 September 2025, with most US staff
transitioning to Aiwyn
+ Aiwyn is a KKR and Bessemer Ventures backed US technology company focussed on delivering
payments, practice management and tax solutions to accounting firms
+ Acquisition multiple of 5x revenue, based on FY25 US Pay Now revenue of US$5.3 million
+ QuickFee retains the US Finance business and US loan book (US$6.8 million at 30 Sep 2025)
+ QuickFee will benefit from a new reseller agreement with Aiwyn for the US Finance product
+ Reseller agreement creates opportunity for QuickFee to offer its Finance product to approximately 300
CPA firms in the CPA ‘Top 500’
18 November, 2025
www.quickfee.com
Q1 FY26: US Finance opportunity through focus
and reseller channel
CURRENT FOCUS
+ Leverage significant new growth channel for US Finance
through new reseller agreement with Aiwyn
+ QuickFee's US Finance product will become embedded in
Aiwyn's payments options
+ Relaunch of US Finance product go-to-market strategy and
customer service model
+ 2 staff in the US currently reflecting low cost structure of
reseller model
+ Plans to increase to 4
+ Negligible product development expenses and capex
requirements moving forward
US FINANCE TTV (US$M)
14
US REVENUE (US$M)
22.0
24.4
26.2 26.7 27.5
29.8 30.6
29.1
27.2
Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26
US FINANCE 'LAST 12 MONTHS ROLLING' TTV (US$M)
1 Q1 FY26 revenue includes full quarter contribution from US Finance and revenue from US Pay
Now (ACH, Card & Connect) from 1 July to 9 September 2025.
2 Q1 FY26 financial results are unaudited
18 November, 2025
Q1 FY26 AU:
Strong performance continues
+ AU revenue up 13% on pcp to A$ 3.4 million1 (Q1 FY25: A$
3.0 million)
+ AU Finance TTV flat on pcp, primarily due to a very
strong prior year September quarter (Q1 FY25, which was
up 42% on pcp)
+ Revenue yield up 220 bps on pcp, primarily due to growth
in legal disbursement funding book, now at 35% of total
AU book
+ No credit losses in quarter
www.quickfee.com 15
AU FINANCE TTV (A$M)
AU REVENUE (A$M)
1,693
1,914 2,014
2,274
2,651 2,703 2,682
2,857
2,998
Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26
AU FINANCE REVENUE (A$000s)
48.5
51.2
53.4
55.5
60.1 61.8 62.8 63.7 63.7
Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26
AU FINANCE 'LAST 12 MONTHS' ROLLING TTV (A$M)
1 Q1 FY26 financial results are unaudited 18 November, 2025
Proposed Capital Return of 7.5cps
(approximately A$28.4m)
www.quickfee.com 16
+ QuickFee will return 7.5cps (approximately A$28.4m) to shareholders, subject to shareholder approval at the
upcoming AGM
+ A capital return was determined to be the optimal method:
+ provides the opportunity for all ordinary shareholders to participate equally, unlike an off-market buy-back
+ is immediate, compared to an on-market share buy-back
+ proportionate interests in the Company remain unchanged
+ any dividend payment would have been unfranked
APPROXIMATE ALLOCATION OF SALE PROCEEDS A$M
Proceeds from sale of US Pay Now business 40.0
Deposits and escrowed proceeds to be released over the
next 36 months
(3.8)
Legal and other transaction costs (2.6)
Debt reduction (5.0)
NET SURPLUS CASH FROM SALE PROCEEDS 28.6
TIMETABLE
Annual General Meeting seeking
shareholder approval of Capital Return
18 November 2025
Effective date of the Capital Return 19 November 2025
Last day for trading of Shares entitled to
Capital Return
20 November 2025
Trading in Shares on an ‘ex return of
capital’ basis commences
21 November 2025
Record Date for the Capital Return 24 November 2025
Payment Date for the Capital Return 1 December 2025
18 November, 2025
Significant value in underlying business
www.quickfee.com 17
CASH + LOAN BOOK EQUITY IN EXCESS
OF CURRENT MARKET CAP
+ Net cash/ corporate debt: $31m
+ Loan book less related borrowings: $12m
+ Future contracted unearned interest revenue: $4m
+ Total ‘cash + loan book’ equity’: $47m
+ Market capitalisation:
+ 388m shares @ 11.5 cents = $43.5m
+ Net assets @ 30 September 2025:
+ $42m or 10.8c per share
FY26 EBTDA GUIDANCE: $3.75m - $4.25m
+ Earnings multiple not currently reflected in market
capitalisation
$0m
$10m
$20m
$30m
$40m
$50m
27 OCTOBER 2025
MARKET CLOSE
CASH + BOOK VALUE
30 SEP 2025
Future contracted interest income from current loan book
Loan book equity (book value of receivables, less loan book borrowings)
Cash less corporate debt
$43.5m
$31m
$12m
$4m
$47m
MARKET CAP vs.
CASH+LOAN BOOK EQUITY
18 November, 2025
Outlook
www.quickfee.com 18
Singular management focus on growing Finance in both AU and US
+ Streamlined back-office processes
+ Leverage experience and success in AU into US
+ Aiwyn reseller agreement opportunity
+ Sole product focus for staff commissions
Negligible product development and capex requirements moving forward
Continue to consider capital management initiatives as business generates
positive operating cashflow
18 November, 2025
MEETING FORMALITIES:
RESOLUTIONS
Resolution 1
Adoption of remuneration report
www.quickfee.com 20
“That, for the purposes of section 250R(2) of the Corporations Act and for all other purposes,
approval is given for the adoption of the remuneration report as contained in the Company’s
annual financial report for the financial year ended 30 June 2025.”
Proxy results
For Against
Proxy's
discretion
Total Abstain
189,078,815 1,946,056 890,000 191,914,871 151,947
98.53% 1.01% 0.46%
18 November, 2025
Resolution 2
Re-election of director – Michael McConnell
www.quickfee.com 21
“That for the purpose of 14.2 of the Company’s Constitution, ASX Listing Rule 14.4 and all other
purposes, Michael McConnell, a Director, retires by rotation, and being eligible for election, is re-
elected as a Director of the Company.”
Proxy results
For Against
Proxy's
discretion
Total Abstain
252,586,045 1,549,365 606,426 254,741,836 366,463
99.15% 0.61% 0.24%
18 November, 2025
Resolution 3
Approval to issue Performance Rights to
Bruce Coombes
www.quickfee.com 22
“That, for the purposes of ASX Listing Rule 10.14 and for all other purposes, approval is given for
the issue of up to 2,300,523 Performance Rights to Bruce Coombes under the QuickFee
Performance Rights and Option Plan (PROP) on the terms and conditions described in the
Explanatory Statement accompanying this Notice.”
Proxy results
For Against
Proxy's
discretion
Total Abstain
188,162,146 2,941,855 956,426 192,060,427 6,391
97.97% 1.53% 0.50%
18 November, 2025
Resolution 4
Approval of reduction in share capital
for equal reduction
www.quickfee.com 23
“That, for the purposes of, and in accordance with, sections 256B and 256C of the Corporations
Act, and for all other purposes, approval is given for the Company to reduce its Share capital by
up to $29,129,868 by way of an equal capital reduction, on the terms and conditions described in
the Explanatory Statement accompanying this Notice, and such that each Shareholder will be
paid an amount of $0.075 per Share held at the Record Date.”
Proxy results
For Against
Proxy's
discretion
Total Abstain
254,027,166 443,316 606,426 255,076,908 31,391
99.59% 0.17% 0.24%
18 November, 2025
Resolution 5
Approval of additional share issue
capacity under ASX Listing Rule 7.1A
www.quickfee.com 24
“That, pursuant to and in accordance with ASX Listing Rule 7.1A and for all other purposes,
the Shareholders of the Company approve the issue up to that number of Equity Securities
equal to 10% of the issued capital of the Company at the time of the issue, calculated in
accordance with the formula prescribed in ASX Listing Rule 7.1A.2 and otherwise on the
terms and conditions set out in the Explanatory Statement accompanying this Notice.”
Proxy results
For Against
Proxy's
discretion
Total Abstain
184,490,137 10,967,574 1,070,000 196,527,711 58,580,588
93.88% 5.58% 0.54%
18 November, 2025
Disclaimer
The material contained in this document has been prepared by
QuickFee Limited ACN 624 448 693 (‘company’) and contains
general information about the company’s activities current as at
the date of this presentation (18 November 2025). By accepting
this document, you agree to be bound by the below terms and
conditions.
This presentation is provided in summary and does not purport to
be complete and is intended to be read in conjunction with the
company’s other announcements to ASX. The information
contained in this presentation is not intended to be relied upon as
advice to current shareholders or investors as it does not take into
account the investment objectives, financial position or needs of
any particular shareholder or investor. Shareholders and investors
should assess their own individual financial circumstances and
consider talking to a financial adviser or consultant before making
any investment decision.
This presentation may contain forward looking statements
including statements regarding our intent, belief or current
expectations with respect to the company’s businesses and
operations, market conditions, results of operation and financial
condition, capital adequacy, specific provisions and risk
management practices. Such statements involve known and
unknown risks, uncertainties, assumptions, and readers are
cautioned not to place undue reliance on these forward-looking
statements. No representation is made as to the accuracy,
completeness or reliability of the presentation
QuickFee does not undertake any obligation to publicly release the
result of any revisions to these forward-looking statements to
reflect events or circumstances after the date hereof to reflect
the occurrence of unanticipated events. None of the company, its
subsidiaries, nor their respective directors, officers, employees,
contractors or agents accepts responsibility for any loss or
damage resulting from the use of or reliance on this presentation
by any person. While due care has been used in the preparation of
forecast information, actual results, performance or
achievements may vary in a materially positive or negative manner
from those expressed or implied by such statements. Forecasts
and hypothetical examples are subject to uncertainty and
contingencies outside QuickFee’s control.
Past performance is not a reliable indication of future
performance and no guarantee of future returns is implied or
given. Some of the information in this presentation is based on
unaudited financial data which may be subject to change.
Glossary
www.quickfee.com 26
ACH Automated Clearing House A type of electronic bank-to-bank payment in the US, equivalent to EFT in Australia
Active customer Any customer who has transacted with QuickFee in the relevant period
Active firm Any firm that has had a transaction with QuickFee in the relevant period
APR Annual percentage rate The annual rate of interest on payment plans or loans
BNPL or Q Pay Plan BNPL powered by QuickFee QuickFee’s ‘Buy Now, Pay Later’ product to enable a customer to pay their invoice in 3-12 instalments using the unused balance of their credit card
CC Credit card
Connect QuickFee’s productname for its point-of-payment integration, e-invoicing, automated collections and receivables management product
Customer The customer of a merchant, who will use one of QuickFee’s payment options to pay their invoice
EFT Electronicfunds transfer An Australian domestic payments network that facilitates the transfer of funds electronically
Firm Typically used to describe a professional services firm (e.g. an accounting or law firm)
Gross Trading Margin (GTM) Gross Trading Margin is calculated as Gross Profit per QuickFee’s audited financial statements, less bad debt write-offs (which are included in general and administrative expenses)
KYC Know your customer Practice to verify the identity of customers in compliance with laws and regulations
Merchant A firm.
Net Transaction Margin (NTM) Net Transaction Margin is a non-IFRS measure that is not audited but is derived from audited figures and is a financial metric used by management to track QuickFee’s unit economics of
processingindividual transactions, after deducting any bad debt write-offs. It excludes fixed platform and staff costs and any interest on funding facilities, as these costs are not incurred as a
result of processingindividual transactions.
QuickFee Financing/ Finance/ Lending/ Pay
Over Time
QuickFee’s traditional merchant-guaranteed fee funding product that enable customers to take out a payment plan to pay their invoice, while QuickFee settle to the merchant immediately
QuickFee Pay Now QuickFee’s payment gateway that enables customers to pay their invoice infull to the merchant with or without taking out a payment plan
Revenue yield Revenuerecognised in accordance withQuickFee’s accountingstandards, divided by TTV, for the relevant product(s)
Total Liquidity Cash and cash equivalents held, plus undrawn borrowings that are available to be drawn from QuickFee’s asset-backed credit facility based on the quantum of eligible loan receivables.
Transactions in quarter The aggregate number of completed Pay Now transactions and new Finance loans (payment plans) originated in the relevant quarter.
TTV Total transaction value The total value of all transactions for the relevant product(s)
pcp Previous corresponding period For example, the pcp for the December 2023 quarter is the December 2022 quarter
18 November, 2025
CONTACT DETAILS
Simon Yeandle, CFO & Company Secretary p: +61 2 8090 7700
e: simon.yeandle@quickfee.com
Katie Mackenzie, Investor Relations p: +61 455 502 197
e: kmackenzie@belleviewir.com.au
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