QuickFee (ASX:QFE) Delivers Maiden Positive NPAT of $3.7 Million in FY26

Sonal Goyal

21 August 2026 10:01 AM AEST

QuickFee (ASX:QFE) Delivers Maiden Positive NPAT of $3.7 Million in FY26

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Key Highlights

Underlying Revenue of $16.8 million, down 1% on normalised prior year excluding US Pay Now
EBTDA rose 58% to $3.8 million, excluding profit on sale of business
Total revenue fell 27% to $18.4 million following the sale of the US Pay Now business
Final Dividend of 0.5 cents per share declared, taking full-year dividend to 1 cent per share

QuickFee Limited (ASX:QFE) reported its financial results for the year ended 30 June 2026 (FY26), recording underlying revenue of $16.8 million, down 1% on a normalised prior-year comparison that excludes its former US Pay Now business. The company achieved its maiden positive net profit after tax of $3.7 million, excluding the profit recorded on the sale of that business.

Total Revenue Declines on US Pay Now Sale

Total revenue for FY26 fell 27% to $18.4 million from $25.3 million in FY25, reflecting the sale of the US Pay Now business, which was completed on 9 September 2025 for US$26.35 million. Revenue from the US declined 63% to $4.8 million from $12.9 million, while Australian revenue increased 10% to $13.6 million from $12.4 million. Gross Profit fell 35% to $10.6 million from $16.3 million.

Profitability Improves

EBTDA before significant items rose 58% to $3.8 million from $2.4 million in FY25. Profit before tax and significant items improved to $1.2 million from a loss of $0.9 million in the prior year. The sale of the US Pay Now Business contributed a profit on sale of $35.6 million, and the company also recorded an income tax Credit of $2.5 million, up from nil in FY25. Overall profit for the period rose to $39.3 million from a loss of $4.3 million, an increase of $43.6 million, with basic and Diluted Earnings per Share of 10.4 cents compared with a loss of 1.3 cents per share in FY25.

Capital Return and Lower Cost Base

Following completion of the US Pay Now sale, QuickFee returned Capital to shareholders of 7.5 cents per share, totalling $28.5 million, and total operating expenses fell 45% year-on-year. Net interest Margin strengthened to 15.3% during the year.

Dividends

Under its capital management and dividend policy announced on 3 December 2025, the company declared a final unfranked dividend of 0.5 cents per share, following an Interim Dividend of 0.5 cents per share, bringing the total FY26 dividend to 1 cent per share. The company also said a Special Dividend of up to 1 cent per share is expected in late 2026, contingent on the receipt of escrowed funds related to the US Pay Now sale.

FY27 Outlook

QuickFee said its Australian business, including its expanded disbursement funding Loan book, is expected to maintain momentum into FY27, supported by an increase in its AUD credit Facility from $45 million to $60 million. The company also pointed to growth potential in the US during the second half of FY27, following the planned integration of its QuickFee Finance solution into the Aiwyn payment platform, expected in December 2026. QuickFee guided to FY27 EBTDA in a range of $4.5 million to $5.5 million.

Conclusion

QuickFee's FY26 result marks a transition for the company following the sale of its US Pay Now business, with total revenue and gross profit both declining as a consequence of that divestment, while underlying profitability improved and the company recorded its first positive net profit after tax on a core-operations basis. With a simplified business model, a lower cost base and an expanded Australian credit facility, the company has guided to further EBTDA growth in FY27.

FAQs

Q: Why did QuickFee's total revenue fall in FY26?

A: Total revenue fell 27% to $18.4 million mainly because of the sale of the US Pay Now business, which was completed in September 2025 and reduced US revenue by 63%.

Q: What was QuickFee's maiden positive NPAT?

A: The company reported a maiden positive net profit after tax of $3.7 million, excluding the $35.6 million profit on the sale of the US Pay Now business.

Q: How did QuickFee's operating expenses change in FY26?

A: Total operating expenses fell 45% year-on-year following the sale of the US Pay Now business and simplification of the business model.

Q: What dividend did QuickFee declare for FY26?

A: QuickFee declared a final unfranked dividend of 0.5 cents per share, taking the total FY26 dividend to 1 cent per share, with a special dividend of up to 1 cent per share expected in late 2026.

Q: What is QuickFee's EBTDA guidance for FY27?

A: The company guided to FY27 EBTDA in a range of $4.5 million to $5.5 million.

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