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QFE

QuickFeeASX:QFE Stock Report

Market Cap

AU$43.9m

7D

3.9%

1Y

-65.9%

Updated

24 Sep, 2021

Data

Company Financials
QFE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

QFE Overview

QuickFee Limited provides a suite of payment and lending offerings through an online portal to professional, commercial, and personal services providers in Australia and the United States.

QuickFee Competitors

Price History & Performance

Summary of all time highs, changes and price drops for QuickFee
Historical stock prices
Current Share PriceAU$0.20
52 Week HighAU$0.18
52 Week LowAU$0.60
Beta1.64
1 Month Change-10.23%
3 Month Change-26.85%
1 Year Change-65.95%
3 Year Changen/a
5 Year Changen/a
Change since IPO-60.50%

Recent News & Updates

Feb 22
Does QuickFee's (ASX:QFE) Share Price Gain of 31% Match Its Business Performance?

Does QuickFee's (ASX:QFE) Share Price Gain of 31% Match Its Business Performance?

QuickFee Limited ( ASX:QFE ) shareholders might be concerned after seeing the share price drop 22% in the last week...

Shareholder Returns

QFEAU Consumer FinanceAU Market
7D3.9%-0.6%-0.5%
1Y-65.9%27.0%24.9%

Return vs Industry: QFE underperformed the Australian Consumer Finance industry which returned 27% over the past year.

Return vs Market: QFE underperformed the Australian Market which returned 24.9% over the past year.

Price Volatility

Is QFE's price volatile compared to industry and market?
QFE volatility
QFE Beta1.64
Industry Beta1.97
Market Beta1

Stable Share Price: QFE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: QFE's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009n/aEric Lookhoffhttps://www.quickfee.com

QuickFee Limited provides a suite of payment and lending offerings through an online portal to professional, commercial, and personal services providers in Australia and the United States. The company develops QuickFee, an online payment platform and lending solution that enables clients to securely pay invoices up-front or over time. QuickFee Limited was founded in 2009 and is based in Baulkham Hills, Australia.

QuickFee Fundamentals Summary

How do QuickFee's earnings and revenue compare to its market cap?
QFE fundamental statistics
Market CapAU$43.88m
Earnings (TTM)-AU$8.55m
Revenue (TTM)AU$7.78m

5.6x

P/S Ratio

-5.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QFE income statement (TTM)
RevenueAU$7.78m
Cost of RevenueAU$5.57m
Gross ProfitAU$2.21m
ExpensesAU$10.75m
Earnings-AU$8.55m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.038
Gross Margin28.36%
Net Profit Margin-109.87%
Debt/Equity Ratio96.4%

How did QFE perform over the long term?

See historical performance and comparison

Valuation

Is QuickFee undervalued compared to its fair value and its price relative to the market?

1.8x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate QFE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate QFE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: QFE is unprofitable, so we can't compare its PE Ratio to the Australian Consumer Finance industry average.

PE vs Market: QFE is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate QFE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: QFE's PB Ratio (1.8x) is in line with the AU Consumer Finance industry average.


Future Growth

How is QuickFee forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

48.6%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as QuickFee has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has QuickFee performed over the past 5 years?

-56.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QFE is currently unprofitable.

Growing Profit Margin: QFE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QFE is unprofitable, and losses have increased over the past 5 years at a rate of 56.3% per year.

Accelerating Growth: Unable to compare QFE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: QFE is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (171.9%).


Return on Equity

High ROE: QFE has a negative Return on Equity (-35.04%), as it is currently unprofitable.


Financial Health

How is QuickFee's financial position?


Financial Position Analysis

Short Term Liabilities: QFE's short term assets (A$49.2M) exceed its short term liabilities (A$25.4M).

Long Term Liabilities: QFE's short term assets (A$49.2M) exceed its long term liabilities (A$525.8K).


Debt to Equity History and Analysis

Debt Level: QFE's debt to equity ratio (96.4%) is considered high.

Reducing Debt: Insufficient data to determine if QFE's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable QFE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: QFE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.6% per year.


Dividend

What is QuickFee current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate QFE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate QFE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if QFE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if QFE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of QFE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Eric Lookhoff

0.17

Tenure

Mr. Eric Lookhoff serves as Managing Director, Chief Executive Officer and Executive Director at QuickFee Limited since July 1, 2021. Mr. Lookhoff served as President of US at QuickFee Limited since Februa...


Leadership Team

Experienced Management: QFE's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: QFE's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: QFE insiders have bought and sold the same number of shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.


Top Shareholders

Company Information

QuickFee Limited's employee growth, exchange listings and data sources


Key Information

  • Name: QuickFee Limited
  • Ticker: QFE
  • Exchange: ASX
  • Founded: 2009
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: AU$43.885m
  • Shares outstanding: 222.20m
  • Website: https://www.quickfee.com

Location

  • QuickFee Limited
  • 10 Century Circuit
  • Suite 4.07
  • Baulkham Hills
  • New South Wales
  • 2153
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:44
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.