What were the key takeaways from the QuickFee (ASX:QFE) Q3 FY26 update?

QuickFee reported a total group revenue of $4 million, a 9% decline on a normalised basis compared to the previous year. While the Australian finance division saw strong growth, the US division experienced a significant revenue drop.

Why did QuickFee (ASX:QFE) revenue decline by 9% this quarter?

The 9% dip in normalised revenue primarily stems from a 44% revenue slump in the US finance division. This decline was compared against a exceptionally strong Q3 FY25, making the year-on-year comparison difficult.

How is the Australian business performing for QuickFee (ASX:QFE)?

The Australian finance sector is currently the company's strongest driver, with revenue increasing 12% to A$2.9 million. Growth is being fuelled by legal disbursement funding, which now makes up 40% of the Australian loan book. Total transaction value (TTV) for this specific segment grew by 23% to A$2.7 million.

What happened to the QuickFee (ASX:QFE) US finance division?

The US arm faced significant headwinds, with revenue falling 44% to US$0.5 million during the quarter. Management considers this a result of "tough comps" following a record-breaking performance in the same period last year.

Is QuickFee (ASX:QFE) still on track to meet its full-year profit targets?

Yes, QuickFee reaffirmed its FY26 EBITDA guidance in the range of $3.8 million to A$4.3 million. Reaffirming guidance suggests management is confident that the strong Australian performance and early Q4 momentum will offset the recent US weakness.

What is the current net interest margin for QuickFee (ASX:QFE)?

QuickFee reported a strengthened net interest margin of 15.3% for the quarter. This metric highlights the profitability of their core B2B fee-funding model for accounting and legal firms.

What are the main risks for QuickFee (ASX:QFE) investors right now?

The primary risk is the ongoing volatility in the US market, which has seen a sharp decline in revenue and transaction volumes. While the Australian business is currently "carrying" the group, any slowdown in local legal or accounting demand could hurt overall results.

QuickFee sees local growth amidst global challenges

Written by Liezl GambePublished Apr. 21 2026Last Updated Apr. 21 2026

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.