Slide 1: QuickFee FY25 Results Presentation
For personal use only QUICKFEE FY25 RESULTS PRESENTATION 21 August 2025 Acting President, North America, James Drummond Chief Financial Officer, Simon Yeandle
Slide 2: QuickFee helps professional services firms accelerate accounts receivable
For personal use only QuickFee helps professional services firms accelerate and automate accounts receivable and grow their business. To learn more about QuickFee, please visit our Investor Hub: www.investorhub.quickfee.com/activity-updates/quickfee-about-us www.quickfee.com 21 August 2025 1
Slide 3: FY25 Highlights: Accelerating profitable growth
FY25 Highlights: Accelerating profitable growth + REVENUE UP 25% ON PCP + INFLECTION POINT IN + RECORD TRANSACTION PROFITABILITY VOLUMES IN FY25 For personal use only + UNDERLYING EBTDA* POSITIVE in FY25 A$25.3M A$2.4M US PAY NOW US$ 1.5BN A$20.3M UP 12% FY24 FY25 GROUP LENDING A$ 115M UP 15% A$(3.2
Slide 4: FY25 Revenue Overview
FY25 Revenue Overview: Outstanding AU performance and solid US growth For personal use only + TOTAL REVENUE OF A$25.3M1, UP 25% ON PCP FY25 PERFORMANCE FY25 FY24 MOVEMENT 25.3 REVENUE 20.3 US FINANCE (PAY OVER TIME) US$ 3.0 M US$ 2.6 M +15% 14.8 US PAY NOW (ACH & CARD) US$ 5.3 M US$ 4.7 M +13% 10.9
Slide 5: Inflection point in profitability
Inflection point in profitability + Increase in gross by 29% to A$16.3 million; increase in gross margin by 200bps, to 64% + Underlying EBTDA improved significantly in FY25 to $2.4m, with first ever full year positive underlying EBTDA For personal use only + Operating expenses of $13.9m in FY25, dow
Slide 6: Solid performance in the US
For personal use only SOLID PERFORMANCE IN THE US
Slide 7: QuickFee at a glance
QuickFee at a glance WE HELP FIRMS OUR SOLUTIONS OUR COMPETITIVE For personal use only TRUSTED FOR PAYMENTS AND FINANCING DIFFERENTIATORS SOLUTIONS SINCE 2009: Reduce A/R Pay Now | ACH/EFT + Card A/R typically runs high for Secure digital payments + Designed specifically firms, and we can help turn
Slide 8: FY25: Key operational highlights in the US
FY25: Key operational highlights in the US For personal use only Total of five Connect integrations with the major practice management solutions Approximately 100 firms signed up to the Connect platform Over 127,000 firm invoices delivered via Connect in FY25, up from 19,000 in FY24 Launch of new pa
Slide 9: New subscription revenues on Connect platform
New subscription revenues on Connect platform Connect increases total transaction volume INVOICES SENT VIA CONNECT across ACH, Card and Finance and drives new 61,000 For personal use only subscription revenue 37,000 + Approximately 100 Connect customers on the platform (including 30 in the onboardin
Slide 10: US growth strategy on track
US growth strategy on track Drive Cost Effective Growth QuickFee Finance For personal use only Through Automation Revenue yields on the Finance Leverage automation across all product are approximately 25x functional areas to ensure we are those of Pay Now. driving growth in the most efficient, cost-
Slide 11: Improved profitability in the US
Improved profitability in the US US Financial Performance + Strong revenue growth, up 14% to A$ 12.8 million: Reflects 15% A$’M FY25 FY24 %+/- growth in Finance revenue to A$4.6 million and 13% growth in Pay Now Pay Over Time (Finance) revenue 4.6 4.0 +15% For personal use only revenue to A$8.1 mill
Slide 12: Increased adoption of online payments driving Pay Now TTV
Increased adoption of online payments driving Pay Now TTV; weaker Finance TTV in Q4 FY25 US PAY NOW 'LAST 12 MONTHS' ROLLING TTV (US$M) US FINANCE 'LAST 12 MONTHS ROLLING' TTV (US$M) For personal use only 1,527 1,487 30.6 1,444 29.8 29.1 1,406 27.5 1,365 26.2 26.7 1,286 24.4 1,242 22.0 1,190 Q1 FY24
Slide 13: An outstanding year in Australia
For personal use only AN OUTSTANDING YEAR IN AUSTRALIA
Slide 14: Expanding profitability in AU
Expanding profitability in AU AU Financial Performance + Strong revenue growth: AU revenue up 36% to $12.4 million, A$’M FY25 FY24 %+/- driven by a 38% increase in Finance revenue to $10.9 million For personal use only Pay Over Time (Finance) revenue 10.9 7.9 +38% Pay Now (EFT + Card) revenue 1.0 0.
Slide 15: Strong and low-risk revenue and yield growth
Strong and low-risk revenue and yield growth + AU Finance revenue up 38% on pcp to A$ 10.9 million (FY24: AU FINANCE REVENUE (A$000s) A$ 7.9 million) 2,857 2,651 2,703 2,682 For personal use only + AU Finance TTV up 15% on pcp to A$ 63.7 million (FY24: 2,274 2,014 A$ 55.5 million) 1,693 1,914 + Stro
Slide 16: FY25 Financial Results Overview
For personal use only FY25 FINANCIAL RESULTS OVERVIEW
Slide 17: Financial Performance
Financial Performance Group profit and loss A$’M FY25 FY24 $+/- %+/- + Strong revenue growth: Total revenue up 25% to A$25.3 million, driven by Interest revenue** 14.8 11.2 +3.6 +32% strong performance of the Australian business and solid growth in the US Revenue from contracts with customers 10.5 9
Slide 18: Continued reduction in operating expenses
Continued reduction in operating expenses + Operating expenses decreased 12% in FY25 to A$13.9 million OPERATING EXPENSES BY HALF-YEAR (A$M) (FY24: A$15.8 million) For personal use only + Decrease across all categories due to a combination of further removal of non-essential costs from the business
Slide 19: Group balance sheet
Group balance sheet 30 JUNE 30 JUNE A$’M $+/- %+/- 2025 2024 + Cash: A$6.9 million unrestricted cash + A$6.8 million of ‘ACH Cash and cash equivalents 13.7 13.5 +0.2 +1% cash-in-transit’ (30 June 2024: A$6.9 / A$6.6 million), offset by outstanding settlements current liability) Loan receivables (cur
Slide 20: Group cash flow
Group cash flow Reconciliation from loss for the period to operating cash flow A$’M FY25 FY24 $+/- %+/- A$’M FY25 FY24 $+/- %+/- Net cash inflow/(outflow) from operating activities 1.1 (4.0) +5.1 +128% Loss for the period (4.3) (4.7) +0.4 +9% For personal use only Net cash outflow from loan book / f
Slide 21: Expanded funding capacity
Expanded funding capacity A$118m refinancing completed and Loan book & Liquidity For personal use only funding closed in Q4 FY25 30 JUNE 30 JUNE A$’M + Completed the refinancing of the asset-backed debt 2025 2024 $+/- facilities with global alternative credit asset manager, Viola LOAN BOOK 58.6 55.2
Slide 22: FY26 Outlook
For personal use only FY26 OUTLOOK
Slide 23: Outlook
Outlook Focus on operational execution and For personal use only growing profitability: + Maximise profit growth: QuickFee Finance and QuickFee Connect subscription revenues + Growth in QuickFee Finance US customer base + Continued investment in Connect automation, new subscription revenue and suppo
Slide 24: Why QuickFee, why now
Why QuickFee, why now For personal use only $84B in Serviceable Addressable Winning, differentiated value proposition: Recurring revenue stream through Accountant Market in the US Alone Finance, Connect, Pricing Connect software subscriptions Proven track record of delivering Ability to substantiall
Slide 25: Questions
For personal use only QUESTIONS
Slide 26: Contact Details
For personal use only CONTACT DETAILS Simon Yeandle, CFO p: +61 2 8090 7700 e: simon.yeandle@quickfee.com Katie Mackenzie, Investor Relations p: +61 455 502 197 e: kmackenzie@belleviewir.com.au
Slide 27: Disclaimer
Disclaimer The material contained in this document has been prepared by QuickFee does not undertake any obligation to publicly release the QuickFee Limited ACN 624 448 693 (‘company’) and contains result of any revisions to these forward-looking statements to For personal use only general informatio
Slide 28: Appendix
For personal use only APPENDIX
Slide 29: Detailed profit and loss AU and US segments
Detailed profit and loss Detailed profit and loss AU segment US segment A#039;M FY25 FY24 $+/- %+/- A#039;M FY25 FY24 $+/- %+/- Interest revenue 10.5 7.5 +3.0 +40% Interest revenue 4.3 3.8 +0.5 +13% For personal use only Revenue from contracts with customers 1.9 1.6 +0.3 +19% Revenue from contracts with c
Slide 30: Historical metrics - US
Historical metrics - US FY23 FY24 FY25 TOTAL TRANSACTION VOLUMES For personal use only (TTV) Q1 Q2 H1 Q3 Q4 H2 FY23 Q1 Q2 H1 Q3 Q4 H2 FY24 Q1 Q2 H1 Q3 Q4 H2 FY25 PROFESSIONAL SERVICES US$M US$M US$M US$M US$M US$M US$M US$M US$M US$M US$M US$M US$M US$M US$M US$M US$M US$M US$M US$M US$M PAY NOW ACH
Slide 31: US product profitability
US product profitability ACH CARD FINANCING CONNECT TOTAL For personal use only US$000S EXCEPT VOLUME FY25 FY24 FY25 FY24 FY25 FY24 FY25 FY24 FY25 FY24 VOLUME US$ M 1,260 1,128 267 237 29.1 26.7 - - 1,556.1 1,391.7 FINANCING REVENUE (INTEREST) - - - - 2,829 2,475 - - 2,829 2,475 PAYMENTS AND OTHER R
Slide 32: Historical metrics - AU
Historical metrics - AU FY23 FY24 FY25 TOTAL TRANSACTION VOLUMES For personal use only (TTV) Q1 Q2 H1 Q3 Q4 H2 FY23 Q1 Q2 H1 Q3 Q4 H2 FY24 Q1 Q2 H1 Q3 Q4 H2 FY25 PROFESSIONAL SERVICES A$M A$M A$M A$M A$M A$M A$M A$M A$M A$M A$M A$M A$M A$M A$M A$M A$M A$M A$M A$M A$M PAY NOW EFT 4 5 9 4 5 9 18 6 6 1
Slide 33: AU product profitability
AU product profitability EFT & CARD FINANCING BNPL TOTAL For personal use only A$000S EXCEPT VOLUME FY25 FY24 FY25 FY24 FY25 FY24 FY25 FY24 VOLUME A$ M 93 76 63.7 55.5 6.0 3.4 162.7 134.9 FINANCING REVENUE (INTEREST) - - 10,017 7,178 442 287 10,459 7,465 PAYMENTS AND OTHER REVENUE 954 864 878 717 11
Slide 34: Glossary
Glossary ACH Automated Clearing House A type of electronic bank-to-bank payment in the US, equivalent to EFT in Australia For personal use only Active customer Any customer who has transacted with QuickFee in the relevant period Active firm Any firm that has had a transaction with QuickFee in the re