QuickFee swings to H1 profit after US divestment

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QuickFee swings to H1 profit after US divestment
QuickFee swings to H1 profit after US divestment
Heidi Cuthbert
Written by Heidi Cuthbert
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QuickFee (ASX:QFE) released its financial results for the half-year ended Dec. 31, 2025, highlighting a strategic shift toward core operations following the sale of its US Pay Now business.

The company reported a total statutory revenue of $10.1 million, a 14% decrease compared to the previous corresponding period.

The decline was driven by a 39% reduction in US revenue following the divestment, though Australian revenue grew by 10% to $6.7 million.

On an underlying basis, excluding the US Pay Now business, revenue increased by 4%.

A feature of the period was the completion of the US Pay Now sale on Sept. 9, 2025 for US$26.4 million.

The transaction contributed $35.6 million to the company’s bottom line, resulting in a total profit for the period of $36.4 million, compared to a loss of $1.2 million in H1 FY25.

Diluted earnings per share rose to 9.6 cents.

Operational profitability improved, with EBITDA before the profit on sale reaching $2 million, a 567% increase from the $0.3 million reported in the year-ago period.

The company noted a net interest margin of 15% within its core operations.

QuickFee completed a capital return of 7.5 cents per share and proposed a partially franked interim dividend of 0.5 cents per share.

The company confirmed its FY26 EBITDA guidance of $3.8 million to $4.2 million, supported by a new reseller agreement with Aiwyn in the US.

At the time of reporting, QuickFee's share price was $0.080.

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