New Risk • Feb 25
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (58% accrual ratio). Minor Risk Market cap is less than US$100m (AU$30.5m market cap, or US$21.5m). Ankündigung • Feb 13
QuickFee Limited to Report First Half, 2026 Results on Feb 24, 2026 QuickFee Limited announced that they will report first half, 2026 results on Feb 24, 2026 Ankündigung • Oct 21
QuickFee Limited, Annual General Meeting, Nov 18, 2025 QuickFee Limited, Annual General Meeting, Nov 18, 2025. Location: at quickfee - level 4, suite 4.07, 10 century circuit, norwest nsw 2153, Australia Recent Insider Transactions • Sep 12
Independent Non-Executive Chairman recently bought AU$51k worth of stock On the 10th of September, Dale Smorgon bought around 547k shares on-market at roughly AU$0.094 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Dale's only on-market trade for the last 12 months. New Risk • Sep 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 24% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (24% average weekly change). Minor Risk Market cap is less than US$100m (AU$35.8m market cap, or US$23.6m). New Risk • Aug 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.3m (US$9.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.8% per year over the past 5 years. Market cap is less than US$10m (AU$15.3m market cap, or US$9.96m). Ankündigung • Aug 14
QuickFee Limited to Report Fiscal Year 2025 Results on Aug 21, 2025 QuickFee Limited announced that they will report fiscal year 2025 results on Aug 21, 2025 Ankündigung • Jun 27
QuickFee Limited has completed a Follow-on Equity Offering in the amount of AUD 0.282 million. QuickFee Limited has completed a Follow-on Equity Offering in the amount of AUD 0.282 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,640,000
Price\Range: AUD 0.05 New Risk • Jun 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risk Market cap is less than US$100m (AU$17.3m market cap, or US$11.2m). New Risk • Apr 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (AU$24.3m market cap, or US$14.9m). Ankündigung • Feb 07
QuickFee Limited to Report First Half, 2025 Results on Feb 21, 2025 QuickFee Limited announced that they will report first half, 2025 results on Feb 21, 2025 Ankündigung • Sep 27
QuickFee Limited, Annual General Meeting, Nov 20, 2024 QuickFee Limited, Annual General Meeting, Nov 20, 2024. Location: level 4, suite 4.07, 10 century circuit, norwest nsw 2153, Australia Ankündigung • Aug 14
QuickFee Limited to Report Fiscal Year 2024 Results on Aug 27, 2024 QuickFee Limited announced that they will report fiscal year 2024 results on Aug 27, 2024 Ankündigung • Aug 01
Quickfee Launches Thomson Reuters Practice Cs Integration with Quickfee Connect QuickFee announced the launch of QuickFee Connect for Thomson Reuters Practice CS customers. QuickFee Connect is a cloud-based platform that integrates with leading practice management solutions and automates the entire engagement-to-cash workflow for accounting firms, streamlining each step in the process from invoice delivery to payment processing and reconciliation. 90% of accounting firms, with over $1 million in annual revenue, use practice management solutions that have been in the market for over 20 years. Those firms are looking for ways to leverage new automation and efficiencies, and QuickFee Connect helps them realize the benefits of the latest technology without forcing them to switch practice management solutions or incur high costs of replacement. QuickFee Connect provides an easy way for firms to send invoices and reminders to their clients via email, with a single link to access and pay their invoices 24/7. Clients can choose from multiple payment options, including Card, ACH, or QuickFee's unique 3-12-month payment plan option that allows them to pay over time while the firm gets paid in full, making it a win-win for everyone's cash flow. QuickFee Connect also automates the payment reconciliation process and updates the firm's practice management software, eliminating manual data entry and errors. Unlike other Accounts Receivable (A/R) automation platforms that primarily serve enterprise size firms, QuickFee Connect offers a scalable A/R solution that is designed specifically for accounting firms starting at $1 million in annual revenues, with a competitive subscription pricing model for firms of all sizes that is truly a disrupter in the market. QuickFee Connect also delivers an intuitive user experience on a consolidated platform that allows firms to manage all their digital payments and access meaningful insights to drive decisions. New Risk • Jul 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Significant insider selling over the past 3 months (AU$420k sold). Market cap is less than US$100m (AU$22.6m market cap, or US$15.2m). Ankündigung • May 03
QuickFee Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million. QuickFee Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,250,000
Price\Range: AUD 0.08 Ankündigung • Apr 27
QuickFee Limited Ordinary Shares to be Deleted from OTC Equity QuickFee Limited Ordinary Shares (Australia) will be deleted from OTC Equity effective April 26, 2024, due to inactive security. Ankündigung • Feb 16
QuickFee Limited to Report First Half, 2024 Results on Feb 22, 2024 QuickFee Limited announced that they will report first half, 2024 results on Feb 22, 2024 Ankündigung • Oct 25
QuickFee Limited, Annual General Meeting, Nov 29, 2023 QuickFee Limited, Annual General Meeting, Nov 29, 2023, at 10:00 AUS Eastern Standard Time. Location: QuickFee Level 4, Suite 4.07, 10 Century Circuit Norwest New South Wales Australia Agenda: To consider adoption of remuneration report; to consider Re-election of Director Dale Smorgon; to consider Approval to issue Performance Rights to Dale Smorgon; to consider Approval to issue Performance Rights to Bruce Coombes; to consider Approval to issue Performance Rights to Michael McConnell; and to consider and Approve of additional share issue capacity. New Risk • Aug 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$16m free cash flow). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (AU$15.1m market cap, or US$9.65m). Minor Risk Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Ankündigung • Aug 24
QuickFee Limited Provides Earnings Guidance for the Fiscal Year 2024 QuickFee Limited provided earnings guidance for the fiscal year 2024. Combined with continued market tailwinds, including ongoing adoption of online payments and e-invoicing in the US, the path to scaled revenue growth and improved profitability in fiscal year 2024 looks favourable. New Risk • Aug 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.6m (US$9.34m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$22m free cash flow). Earnings have declined by 47% per year over the past 5 years. Market cap is less than US$10m (AU$14.6m market cap, or US$9.34m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Ankündigung • Aug 07
QuickFee Limited to Report Fiscal Year 2023 Results on Aug 24, 2023 QuickFee Limited announced that they will report fiscal year 2023 results on Aug 24, 2023 Ankündigung • Feb 07
QuickFee Limited to Report First Half, 2023 Results on Feb 16, 2023 QuickFee Limited announced that they will report first half, 2023 results on Feb 16, 2023 Ankündigung • Nov 17
QuickFee Limited Announces Appointment of Jennifer Warawa as President, North America, Effective 28 November 2022 QuickFee Limited announced the appointment of Jennifer Warawa as President, North America, effective 28 November 2022. Jennifer will be leading QuickFee's operations in the US. She has over 20 years' experience in the accounting profession, with half of that time running her own firm in Canada and the other half in a variety of executive leadership roles at Sage Group PLC (LON: SGE), the market leader in cloud business management solutions, supporting millions of small and medium size businesses across the 23 countries they operate in. Most recently, Jennifer served as the Chief Commercial Officer at DIRTT Environmental Solutions. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Barry Lewin was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Oct 22
Insider recently bought AU$591k worth of stock On the 19th of October, Kenneth Gray bought around 4m shares on-market at roughly AU$0.17 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$707k more in shares than they have sold in the last 12 months. Ankündigung • Oct 19
QuickFee Limited, Annual General Meeting, Nov 21, 2022 QuickFee Limited, Annual General Meeting, Nov 21, 2022, at 12:00 AUS Eastern Standard Time. Location: Arnold Bloch Leibler Level 24, 2 Chifley Square, Sydney NSW 2000 Sydney New South Wales Australia Agenda: to receive and consider the annual report; to consider adoption of remuneration report. Ankündigung • Aug 06
QuickFee Limited Announces Management Changes QuickFee Limited advised that following the recently announced resignation of CEO and Managing Director Eric Lookhoff for personal and family reasons, Eric will cease CEO and board duties immediately, and the CEO's duties of the Company will be performed jointly by Dale Smorgon, Non-Executive Director of QuickFee, Bruce Coombes, Founder & Executive Director of QuickFee, and Simon Yeandle, Chief Financial Officer (CFO) and Company Secretary of QuickFee, until a suitable replacement CEO is appointed. Dale Smorgon has held senior executive positions in a range of companies over the past 20 years, including more than 10 years with Inmatrix, acquired in 2010 by SunGard Data Systems (now FIS), which delivered credit risk analytics and software solutions to major financial institutions and professional firms in Australia and the United States. Dale has been a director of various QuickFee entities since 1 June 2012 and provides deep experience and important strategic direction to the business. Dale is currently the Chief Executive Officer of Innovative Retail Pty Ltd. During this transition period, Dale will become an Executive Director and assume the CEO's responsibility for QuickFee's global product development technology and people and culture functions. Ankündigung • Aug 04
QuickFee Limited to Report Fiscal Year 2022 Results on Aug 25, 2022 QuickFee Limited announced that they will report fiscal year 2022 results on Aug 25, 2022 Ankündigung • Aug 01
QuickFee Limited Announces Resignation of Eric Lookhoff as Chief Executive Officer QuickFee Limited announced Eric Lookhoff, current Chief Executive Officer, has provided his resignation for personal and family reasons. Eric has agreed to continue to work during his four months' notice period to ensure a stable and comprehensive handover. QuickFee will immediately commence a comprehensive search for a new CEO and looks forward to updating the market in due course. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Director Dale Smorgon is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Chairman Barry Lewin was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Jun 16
Insider recently bought AU$1.4m worth of stock On the 11th of June, Kenneth Gray bought around 3m shares on-market at roughly AU$0.41 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$1.2m more in shares than they have sold in the last 12 months. Executive Departure • Mar 05
Company Secretary has left the company On the 3rd of March, Jennifer James' tenure as Company Secretary ended after 1.6 years in the role. We don't have any record of a personal shareholding under Jennifer's name. Jennifer is the only executive to leave the company over the last 12 months. Ankündigung • Mar 04
QuickFee Limited Announces Change of Company Secretary QuickFee Limited announced that Jennifer James has resigned from her role as Company Secretary, effective 3 March 2021. QuickFee announced the appointment of Simon Yeandle as Company Secretary, also effective 3 March 2021. Simon also holds the position of Chief Financial Officer. Is New 90 Day High Low • Feb 25
New 90-day low: AU$0.39 The company is down 23% from its price of AU$0.50 on 27 November 2020. The Australian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 41% over the same period. Ankündigung • Feb 12
QuickFee Limited to Report First Half, 2021 Results on Feb 18, 2021 QuickFee Limited announced that they will report first half, 2021 results on Feb 18, 2021 Is New 90 Day High Low • Jan 25
New 90-day low: AU$0.39 The company is down 24% from its price of AU$0.51 on 27 October 2020. The Australian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 16% over the same period. Ankündigung • Jan 20
QuickFee Limited Announces Executive Appointments QuickFee Limited announced the appointment of Eric Lookhoff as President, US. Eric has 25 years of payments experience, leading scale initiatives at early and hyper-growth stage payments and lending fintech companies. His recent senior executive roles include at National Litigation Law Group (where, as the COO he was responsible for the implementation of an alternative professional services billing model for 200,000+ clients). In addition to the appointment of Eric, the company also announces the appointment of Sue Torgerson as Chief Experience Officer. Sue brings to QuickFee a wealth of experience with professional services firms, having worked as Director of Strategic Initiatives for the past 14 years at Wolters Kluwer Tax & Accounting, part of the CCH Group, the leading software provider to the accounting profession in the US. Is New 90 Day High Low • Dec 09
New 90-day low: AU$0.46 The company is down 29% from its price of AU$0.64 on 10 September 2020. The Australian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is down 1.0% over the same period. Ankündigung • Nov 10
QuickFee Limited, Annual General Meeting, Dec 10, 2020 QuickFee Limited, Annual General Meeting, Dec 10, 2020, at 11:00 AUS Eastern Standard Time. Location: QuickFee Level 4, Suite 4.07, 10 Century Circuit New South Wales New South Wales Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2020 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider the adoption of remuneration report; to consider re-election of director Barry Lewin; to consider ratification of Placement; to consider approval of director participation in the placement; and to consider approval of additional share issue capacity under ASX listing rule 7.1A. Is New 90 Day High Low • Oct 30
New 90-day low: AU$0.50 The company is down 23% from its price of AU$0.65 on 31 July 2020. The Australian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is down 1.0% over the same period. Ankündigung • Oct 10
QuickFee Appoints Simon Yeandle as Chief Financial Officer QuickFee announced the appointment of Simon Yeandle as Chief Financial Officer (CFO) who commenced his position with QuickFee on 9 October 2020. Simon is a Chartered Accountant with over 25 years' experience in SaaS, fintech, media and fast-growth, high-volume global organisations. Is New 90 Day High Low • Sep 30
New 90-day low: AU$0.54 The company is down 1.0% from its price of AU$0.55 on 02 July 2020. The Australian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 10.0% over the same period. Ankündigung • Sep 18
QuickFee Limited has completed a Follow-on Equity Offering in the amount of AUD 14.999999 million. QuickFee Limited has completed a Follow-on Equity Offering in the amount of AUD 14.999999 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,862,068
Price\Range: AUD 0.58
Discount Per Security: AUD 0.0232
Transaction Features: Subsequent Direct Listing Ankündigung • Aug 08
QuickFee Limited to Report Fiscal Year 2020 Results on Aug 26, 2020 QuickFee Limited announced that they will report fiscal year 2020 results at 10:01 PM, GMT Standard Time on Aug 26, 2020 Ankündigung • Jul 25
QuickFee Limited (ASX:QFE) entered into a binding acquisition agreement to acquire QuickFee Group, LLC QuickFee Limited (ASX:QFE) entered into a binding acquisition agreement to acquire QuickFee Group, LLC on June 4, 2019. Under the term, QuickFee Limited will issue 26.3 million shares and 9.2 million shares as soon as possible following the satisfaction of the conditions. The transaction is subject to completion of due diligence by the QuickFee Limited on QuickFee Group, LLC(QuickFee US)’s business and operations, to the sole satisfaction of the QuickFee Limited, the QuickFee Limited undertaking a capital raising and receiving valid applications for at least AUD 13.5 million worth of shares under the capital raising, the parties to the QuickFee AU Acquisition Agreement being ready, willing and able to complete, approval of ASX to admit the securities of the QuickFee Limited to be traded on the ASX, all necessary regulatory approvals and shareholder approval of QuickFee Limited. 