QuickFee announces significant growth in Q1 FY25

QuickFee (ASX:QFE) has announced robust growth in the first quarter of FY25. The company's revenue increased by 33% compared to the previous corresponding period. Notable performance was seen in both the US and Australian markets. The US finance segment's revenue rose by 17%, while the Australian finance segment experienced a 57% increase.

QuickFee's strategic growth and future outlook

QuickFee has shown a strong performance in Q1 FY25, with a 33% increase in revenue driven by growth in both the US and Australian markets. The company continues to enhance its market position through new integrations and strategic partnerships. QuickFee confirmed its earnings guidance for FY25, anticipating stronger performance in the second half of the fiscal year. The company is committed to achieving sustained profitability, focusing on its Finance and Connect products while managing costs. QuickFee aims to drive growth through technology integration and partnerships, with plans for a new payment portal and further Connect integrations. The company's robust financial position supports its strategic initiatives, positioning it well for future expansion.

Executive commentary on QuickFee's performance

We are pleased with the strong growth across our markets and the successful execution of our strategic initiatives. Our focus on scalable technology solutions and strategic partnerships is yielding positive results, and we remain committed to enhancing our offerings and expanding our market presence.