Board Change • May 21
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. 2 non-independent directors. Independent Non-Executive Chairman Dale Smorgon was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 01
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. 2 non-independent directors. Independent Non-Executive Chairman Dale Smorgon was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • 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 Board Change • Dec 24
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. 2 non-independent directors. Independent Non-Executive Chairman Dale Smorgon was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • 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 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). Board Change • Aug 18
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. 2 non-independent directors. Independent Non-Executive Chairman Dale Smorgon was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • 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 Duyuru • 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 Duyuru • 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 Board Change • Dec 24
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. 2 non-independent directors. Independent Non-Executive Chairman Dale Smorgon was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Sep 30
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 13% 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 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (AU$28.9m market cap, or US$20.0m). Duyuru • 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 Duyuru • 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 Duyuru • 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). Duyuru • 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 Duyuru • 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. Duyuru • 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 Board Change • Jan 05
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. 2 non-independent directors. Independent Non-Executive Chairman Dale Smorgon was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 07
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Chairman Dale Smorgon is the most experienced director on the board, commencing their role in 2018. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Duyuru • 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. Board Change • Oct 25
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Chairman Dale Smorgon is the most experienced director on the board, commencing their role in 2018. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. 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). Shares are highly illiquid. 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). Duyuru • 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 19
New major risk - Market cap size The company's market capitalization is less than US$100m. Market cap: AU$16.2m (US$10.4m) This is considered a minor 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). Shares are highly illiquid. Earnings have declined by 47% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$16.2m market cap, or US$10.4m). Duyuru • 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 Board Change • Jun 13
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 2 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Chairman Dale Smorgon is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • May 23
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 2 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Chairman Dale Smorgon is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Duyuru • 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 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. Board Change • Nov 01
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. 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. Is New 90 Day High Low • Feb 15
New 90-day high: AU$0.53 The company is up 4.0% from its price of AU$0.51 on 17 November 2020. The Australian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 43% over the same period. Is New 90 Day High Low • Jan 20
New 90-day low: AU$0.40 The company is down 27% from its price of AU$0.54 on 23 October 2020. The Australian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is flat over the same period. Is New 90 Day High Low • Dec 09
New 90-day low: AU$0.47 The company is down 27% 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. Is New 90 Day High Low • Oct 31
New 90-day low: AU$0.49 The company is down 24% 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 4.0% over the same period. Is New 90 Day High Low • Oct 01
New 90-day low: AU$0.54 The company is down 15% from its price of AU$0.64 on 03 July 2020. The Australian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 4.0% over the same period. 