QuickFee Builds Australian Lending Momentum as Revenue Holds Steady

Low-risk B2B lender QuickFee (ASX: QFE) generated Q4 FY26 revenue of A$4.4 million, matching the normalised prior corresponding period after excluding the US Pay Now business sold in September 2025.

Australian Finance total transaction value (TTV) rose 40% to A$25.1m, with legal disbursement funding (DF) more than doubling during the period.

QuickFee confirmed EBTDA guidance of A$3.75m to A$4.25m for FY26, and expects a final dividend of $0.005 per share.

US Finance remained weaker, although QuickFee is targeting renewed growth after its product is embedded into Aiwyn’s payment solutions by 31 December 2026.

Australian Lending Drives Growth

Australian Finance revenue increased 14% to A$3.3m, reversing the softer origination trend across the first three FY26 quarters.

Fee Funding TTV grew 20% to A$17.6m while DF TTV surged 134% to A$7.5m following the signing of several major personal injury law firms, including two generating more than A$50m annually.

Australian Finance plans increased 213% to 7,127 because DF produces a greater volume of smaller loans than Fee Funding, while active firms remained steady at 493 compared with 490.

Quarterly Finance revenue yield declined 300 basis points to 13% because much of the interest associated with elevated Q4 FY26 originations will be recognised later, with DF revenue typically accruing for up to three years.

Funding Capacity Expansion

QuickFee’s Australian loan book reached A$56.5m at 30 June, up from A$47.2m a year earlier, with A$29.2m in Fee Funding, A$26.6m in DF and A$0.7m in the residual BNPL portfolio.

The Australian dollar receivables-backed facility with Viola Credit increased from A$45m to A$60m, adding A$15m of headroom for further Fee Funding and DF expansion.

Cash and immediately available borrowing totalled A$6.7m at quarter-end, while QuickFee had another A$26.4m of global facility capacity to support loan book growth.

The US facility remains capped at US$15m with scope to increase to US$30m subject to approval, although the US loan book declined from US$7.5m to US$6.6m during FY26.

Group net interest margin held at 15.3%, supported by interest expense relative to the average loan book falling from 10% in financial year 2025 to 8.7% in FY26.

US Integration Continues

US Finance revenue fell 29% to US$0.5m in Q4 FY26 as TTV declined 8% to US$4.4m, while full-year revenue dropped 30% to US$2.1m and TTV contracted 31% to US$20.1m.

Quarterly US Finance plans decreased 10% to 538 and active Finance firms fell 8% to 156, extending the weaker trend evident since the third quarter of financial year 2025.

Aiwyn now expects to embed QuickFee Finance into its payment solutions by year-end rather than June, opening the reseller channel to customers that include about 300 of the 500 largest certified public accountant (CPA) firms.

QuickFee has introduced new incentives for Aiwyn’s sales team and retained three US employees to support customers and direct sales with negligible product development and capital expenditure requirements.

“We continue to work closely with Aiwyn to accelerate adoption of our Finance product in the US, and we are very pleased with the positive results in our Australian DF business in Q4 FY26 and continued momentum into FY27,” chief executive officer Bruce Coombes said.

“We remain encouraged with the organic growth potential ahead in both regions and remain open to exploring inorganic opportunities should they arise.”