Why did QuickFee (ASX:QFE) report a 14% drop in total revenue for H1 FY26?

The revenue decline to $10.1 million was primarily driven by the divestment of the US Pay Now business, which caused a 39% drop in US-sourced revenue. However, this headline figure is misleading regarding the health of continuing operations. On an underlying basis—which excludes the sold business—QuickFee actually saw revenue grow by 4%, supported by a 10% increase in Australian revenue to A$6.7 million.

Is QuickFee (ASX:QFE) profitable after its H1 FY26 results?

Yes, QuickFee reported a statutory total profit of $36.4 million for the half-year, a massive swing from the $1.2 million loss in the previous year. This "paper profit" was almost entirely due to the A$35.6 million gain from selling the US Pay Now business. More importantly for the long term, operational profitability also improved.

What was the impact of the US Pay Now sale on QuickFee (ASX:QFE) shareholders?

The sale of the US Pay Now business for US$26.35 million (approx. A$40 million) provided a massive cash injection that the company is passing directly to investors. QuickFee completed a capital return of 7.5 cents per share and introduced a partially franked interim dividend of 0.5 cents per share.

How does the current QuickFee (ASX:QFE) share price compare to its earnings per share (EPS)?

Following the H1 FY26 results, QuickFee reported a diluted EPS of 9.6 cents, which is actually higher than its reported share price of A$0.080 at the time of the announcement. This unusual ratio occurs because the EPS is heavily inflated by the one-off profit from the US business sale.

What is the "core operation" strategy for QuickFee moving forward?

QuickFee is pivoting back to its core professional services finance business, which currently maintains a high net interest margin of 15%. By exiting the high-growth but high-cost "Pay Now" space, management is focusing on a structurally profitable model with lower capital expenditure requirements.

What are the main bull and bear points for QuickFee (ASX:QFE) after this news?

The "bull case" is that QuickFee is now a leaner, profitable business with a high 15% margin and a confirmed EBITDA guidance of up to $4.3 million. The "bear case" is that total revenue is shrinking due to divestments, and the company is now more dependent on the success of its reseller agreement with Aiwyn to maintain US growth.

What is QuickFee’s (ASX:QFE) earnings guidance for the remainder of FY26?

QuickFee confirmed its FY26 EBITDA guidance in the range of $3.8 million to A$4.25 million. This outlook suggests management is confident that the core finance business can maintain its momentum without the US Pay Now arm.

How safe is the new QuickFee (ASX:QFE) dividend?

While the 0.5 cent interim dividend is a positive signal, its long-term sustainability depends on the core business generating consistent free cash flow.

Image for illustrative purposes only. Not a real photo.

QuickFee swings to H1 profit after US divestment

Written by Heidi Cuthbert Published Feb 24, 2026, 2:45 AMLast Updated Jul 6, 2026, 10:45 AM

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.

QuickFee swings to H1 profit after US divestment

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