QuickFee (ASX:QFE) has released its quarterly business update for the period ended March 31, revealing a complex financial landscape defined by robust domestic growth and international headwinds.
The company reported a total group revenue of $4 million, representing a 9% decline on a normalised prior corresponding period basis, which excludes the now-disposed US "Pay Now" business.
The primary driver of the group’s resilience remains the Australian finance sector, where revenue climbed 12% to $2.9 million.
The growth was bolstered by a significant uptick in legal disbursement funding, which now constitutes approximately 40% of the Australian loan book.
Disbursement funding total transaction value grew by 23% to $2.7 million, while fee funding remained stable.
In contrast, the US finance arm faced a challenging quarter, with revenue plummeting 44% to US$0.5 million.
Management attributed this sharp decline to a particularly strong performance in Q3 FY25, creating a difficult year-on-year comparison.
Despite the dip in revenue, QuickFee reported a stronger net interest margin of 15.3%, citing the inherent profitability of its B2B fee-funding model.
The company has reaffirmed its FY26 EBITDA guidance of $3.8 million – $4.3 million.
Leadership remains optimistic, pointing to "green shoots" in US reseller volumes and a strong start to Q4, with Australian TTV for April 2026 already outpacing the previous year’s figures.