QuickFee (ASX:QFE) reported a record revenue of AU$6.2 million for the fiscal second quarter ended Dec. 31, 2024, increasing 22% from AU$5.1 million it reported in the prior-year period, according to a Monday Australian bourse filing.
The firm attributed the rise in revenue to growth in its core finance product in both Australia and the US, with its AU Finance revenue up 42% in the prior corresponding period to AU$ 2.7 million.
It said the results delivered positive earnings before taxes, depreciation, and amortization in the quarter.
Revenue for the fiscal half clocked in at AU$11.7 million, jumping 26% from AU$9.3 million it reported in the prior-year period.
Non-executive chairman Dale Smorgon confirmed the guidance for an expected fiscal year 2025 earnings before taxes, depreciation, and amortization in the range of AU$1.5 million to AU$2.5 million, weighted to the second half.
The firm's shares rose over 4% on market close.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.