Slide 1: QuickFee Limited Capital Raising Investor Presentation
QUICKFEE LIMITED CAPITAL RAISING INVESTOR PRESENTATION 4 June 2025
Slide 2: Important notice and disclaimer
Disclaimer Important notice and disclaimer This presentation (the “Presentation”) is dated 4 June 2025 and has been prepared by QuickFee Limited ACN 624 448 693 Not financial product advice or offer (ASX: QFE) (the “Company”) and its subsidiaries from time to time (“Group”) in connection with the Co
Slide 3: Disclaimer
Disclaimer Forward-looking statements are provided as a general guide only and should not be relied on as an indication or guarantee of Disclaimer future performance. They are subject to known and unknown risks, including the risk factors described under the “Risks” section of this Presentation, unc
Slide 4: Table of Contents
TABLE OF CONTENTS I. BUSINESS OVERVIEW 5 II. H1, Q3 & Q4-TO-DATE FY25 HIGHLIGHTS 8 III. STRATEGY & OUTLOOK 22 IV. EQUITY RAISING 27 V. APPENDIX 35
Slide 5: Executive Summary
Executive Summary Quickfee is undertaking a capital raise supported by new and existing shareholders to fund growth in the US and AU loan books + QuickFee helps professional services firms accelerate and automate accounts receivable and grow their business Business Overview + Integration with leadin
Slide 6: Business Overview
II. BUSINESS OVERVIEW
Slide 7: About QuickFee
About QuickFee Why firms work with QuickFee: Since 2009, QuickFee has offered payments and They want to Reduce A/R – A/R is the #1 financing for professional services firms, helping them increase revenue, get paid faster, improve cash flow, 1 item on the balance sheet for most firms and we can help
Slide 8: Unique product and payments portfolio
Unique product and payments portfolio Our customers benefit from increased revenue, improved cashflow, reduction in accounts receivable, improved operational efficiency and reduced cost base. PAY NOW | ACH/EFT + PAY OVER TIME | QUICKFEE CONNECT | OUR COMPETITIVE CARD FINANCE AUTOMATION DIFFERENTIATO
Slide 9: H1 FY25 & Q3 FY25 Highlights
I. H1 FY25 & Q3 FY25 HIGHLIGHTS
Slide 10: H1 FY25 Highlights
la. Hl] FY25 HIGHLIGHTS
Slide 11: H1 FY25 results overview: First ever EBTDA positive half year
H1 FY25 results overview: First ever EBTDA positive half year H1 FY25 PERFORMANCE (A$M) H1 FY25 H1 FY24 MOVEMENT Revenue up REVENUE – AUSTRALIA 6.1 4.1 UP 49% 26% on pcp, REVENUE – USA 5.6 5.2 UP 8% TOTAL REVENUE 11.7 9.3 UP 26% EBTDA GROSS PROFIT 7.6 5.7 UP 33% positive & improved OPERATING EXPENSE
Slide 12: Profitable operations in the US
Profitable operations in the US US Financial Performance + Solid revenue growth, up 8%: 11% growth in Finance revenue to A$2.1 A$’M H1 FY25 H1 FY24 %+/- million and 6% growth in Pay Now revenue to A$3.5 million Pay Over Time (Finance) revenue 2.1 1.9 +11% + Gross profit up 18%: Margin expansion due
Slide 13: Substantial revenue and profit growth in Australia
Substantial revenue and profit growth in Australia AU Financial Performance + Strong revenue growth: AU revenue up 49% to A$6.1 million, driven A$M H1 FY25 H1 FY24 %+/- by a 50% increase in Finance revenue to A$5.4 million Pay Over Time (Finance) revenue 5.4 3.6 +50% Pay Now (EFT + Card) revenue 0.5
Slide 14: Q3 FY25 Highlights
Ib. Q3 FY25 HIGHLIGHTS
Slide 15: Q3 FY25 results overview: Record quarterly revenue
Q3 FY25 results overview: Record quarterly revenue, EBTDA positive in Q3 + TOTAL REVENUE OF A$6.3M, UP 29% ON PCP Q3 FY25 PERFORMANCE1 Q3 FY25 Q3 FY24 MOVEMENT REVENUE A$6.3M US FINANCE (PAY OVER TIME) US$ 0.9 M US$ 0.7 M +29% A$4.9M US PAY NOW (ACH & CARD) US$ 1.2 M US$ 1.0 M +20% AU FINANCE (PAY O
Slide 16: Strong revenue growth in US
Strong revenue growth in US + US revenue up 24% on pcp to US$ 2.1 million US REVENUE (US$M) US FINANCE TTV (US$M) + Finance TTV up 12% on pcp to US$ 7.6 million; revenue up 29% on pcp to US$ 0.9 million (Q3 FY24: US$ 0.7 million) + Revenue yield up 150 bps on pcp due to strong lending in Q2 FY25 and
Slide 17: QuickFee Connect: increasing transaction volumes in Q3
QuickFee Connect: increasing transaction volumes in Q3 Connect increases total transaction volume across ACH, Card and Finance and drives new subscription revenue + Approx. 100 Connect customers, with 65% having completed the onboarding process, up from 50% at 31 December 2024 + Firm invoices delive
Slide 18: Australia: another strong quarter in Q3 FY25
Australia: another strong quarter in Q3 FY25 + AU Finance revenue up 30% on pcp to A$ 2.6 million (Q3 AU REVENUE (A$M) AU FINANCE TTV (A$M) FY24: A$ 2.0 million) + AU Finance TTV up 8% on pcp; Fee Funding up 18% and Disbursement Funding down 28% on Q3 FY24 (high new DF firm lending in prior quarter)
Slide 19: Provision for potential credit impairment and revised earnings guidance
Provision for potential credit impairment and revised earnings guidance Provision for credit impairment in relation to one US firm default + QuickFee has been unsuccessful in collecting loan instalments from one US firm relating to the QuickFee Finance payment plans with its clients + US legal advis
Slide 20: Q4 FY25 to-date Highlights
Ic. Q4 FY25 to-date HIGHLIGHTS
Slide 21: Q4 FY25 to-date results overview: EBTDA positive in April & May 2025
Q4 FY25 to-date results overview: EBTDA positive in April & May 2025 + CONNECT PLATFORM CONTINUES Q4 FY25 Q4 FY24 TO GAIN TRACTION Q4 TO-DATE PERFORMANCE1 MOVEMENT TO-DATE TO-DATE + Total firm invoices delivered via Connect of 47,000 in Q4 FY25 to- TOTAL TRANSACTION VALUES (TTV) date, compared to 37
Slide 22: Refinancing completed in June 2025
Refinancing completed in June 2025 A$ 118 million asset-backed receivables facility + Completion in June 2025 of the refinancing of its asset-backed debt facilities, partnering with global credit asset manager Viola Credit for a three-year A$ 118 million senior secured revolving credit facility + In
Slide 23: Strategy & Outlook
III. STRATEGY & OUTLOOK
Slide 24: Unlocking transformational growth in the US
Unlocking transformational growth in the US Drive Cost Effective Growth QuickFee Finance 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-effect
Slide 25: QuickFee Connect: driving transaction volumes and recurring revenue
QuickFee Connect: driving transaction volumes and increasing recurring revenue Building our platform to enable easier, more Five Connect Practice scalable integrations with new strategic partners Management Integrations + We have approximately 100 Connect customers, with about 50% having completed t
Slide 26: Underlying business continues to perform well
Underlying business continues to perform well REVENUE BY QUARTER (A$M) Q2 ➔ Q4 Q2 ➔ Q4 Track record of solid revenue growth 6.1 6.2 6.3 and uplift from H1 to H2 each FY 5.6 5.1 Q2 ➔ Q4 4.9 + Consistent revenue growth from Q1 to Q3, and 4.3 4.2 Q2 to Q4, every fiscal year 3.7 3.6 3.2 + H1 FY25 revenu
Slide 27: Outlook
Outlook Focus on growing profitability + Focus on maximum profit growth: QuickFee Finance and QuickFee Connect + Continue to manage cost base carefully + Continued investment in Connect automation to capture revenue opportunity + Continued organic growth in Australia Unlocking transformational growt
Slide 28: Equity Raising Overview
IV. EQUITY RAISING OVERVIEW
Slide 29: Equity Raising Overview
Equity Raising Overview QuickFee is raising A$ 1.5 million via the issuance of 30.0 million fully paid ordinary new shares (“New Shares”) at an Offer Price of A$ 0.05 per New Share (“the Offer”), comprising: + A Two-Tranche Institutional Placement (“Placement”) to professional and sophisticated inve
Slide 30: Equity Raising Overview (cont.)
Equity Raising Overview (cont.) Two-Tranche Placement to raise up to approximately A$ 1.25 million via the issue of 25.0 million New Shares to Professional and Sophisticated investors, comprising: + A$ 891,000 via the issue of 17.82 million New Shares at an Offer Price of A$ 0.05 per share within th
Slide 31: Equity Raising Overview (cont.)
Equity Raising Overview (cont.) + While the SPP is not underwritten, the Company intends to receive binding commitments (“SPP Shortfall Commitments”) one or more investors who participate in the Placement (the “SPP Shortfall Investors”), to subscribe for up to an additional A$ 250,000 of new, fully
Slide 32: Sources and Uses of Funds
Sources and Uses of Funds Proceeds will be used to fund growth in loan books. SOURCES OF FUNDS A$ % Placement (Tranche 1) $0.891m 59.4% Placement (Tranche 2) $0.359m 23.9% SPP $0.250m 16.7% Total $1.5m 100.0% USES OF FUNDS A$ % Lending book growth $1.4m 93.3% Costs of the Offer $0.1m 6.7% Total $1.5
Slide 33: Timetable
Timetable Trading Halt Monday, 2 June 2025 Institutional Placement opens Monday, 2 June 2025 Final bids due with the right to close early 12:00pm Tuesday, 3 June 2025 Placement Confirmation Letters due 7:00pm Tuesday, 3 June 2025 Record Date for the SPP 7:00pm Tuesday, 3 June 2025 Trading Halt lifte
Slide 34: Pro Forma Capital Structure
Pro Forma Capital Structure NO. OF % SECURITIES NO. OF SECURITIES SECURITIES (ON AN ISSUED SHARE CAPITAL % ISSUED IN (PRE-EQUITY RAISING) (POST-EQUITY UNDILUTED EQUITY RAISING RAISING) BASIS) Existing investors 341,841,758 100.0% - 341,841,758 91.9% Other securities issued in - - 30,000,000 30,000,0
Slide 35: Pro Forma Balance Sheet (undiluted)
Pro Forma Balance Sheet (undiluted) A#039;M 31 DECEMBER 2024 CAPITAL RAISING PRO FORMA Cash and cash equivalents 15.4 1.4 16.8 Loan receivables (current) 63.0 - 63.0 Trade and other current assets 1.2 - 1.2 Total current assets 79.6 1.4 81.0 Loan receivables (non-current) 1.4 - 1.4 Fixed assets and oth
Slide 36: Appendix
V. APPENDIX
Slide 37: Risks: QuickFee Specific Risks
RISKS QUICKFEE SPECIFIC RISKS An investment in QuickFee (“Company”) is not risk free. Below are some of the risk factors that should be considered in connection with the Company, the Capital Raising and other general market risks. There is a risk of potential failure of clients or firms to meet thei
Slide 38: Risks: QuickFee Specific Risks
RISKS QUICKFEE SPECIFIC RISKS The commercial lending sector in the US is regulated on a State by State basis. QuickFee US’s loan contract designates California as the state law that governs the transaction. US States fall into two categories: (i) States where the law does not generally apply to or r
Slide 39: Risks: QuickFee Specific Risks
RISKS QUICKFEE SPECIFIC RISKS The Company operates in Australia and the US, and may do business in other international jurisdictions at a later date. The Company’s operations could therefore be subject to a number of risks inherent in global operations, including political and economic instability i
Slide 40: Risks: QuickFee Specific Risks
RISKS QUICKFEE SPECIFIC RISKS Through the ordinary course of business, the Company collects a wide range of confidential information from its customers (including personal, financial and credit related information). The cyber threat to companies in Australia, the United States and around the world i
Slide 41: Risks: Capital Raising and Investment Risks
RISKS CAPITAL RAISING AND INVESTMENT RISKS Existing shareholders who do not participate in the Capital Raising will have their percentage shareholding in the Company diluted. Depending on the size of a shareholder’s existing holding, a participating shareholder may still be diluted even though they
Slide 42: Risks: Capital Raising and Investment Risks
RISKS CAPITAL RAISING AND INVESTMENT RISKS As a publicly-listed company on ASX, the Company is subject to general market risk that is inherent in all securities listed on a stock exchange. After the end of the relevant Price of Shares escrow periods affecting Shares in the Company, a significant sal
Slide 43: Foreign Selling Restrictions
Foreign Selling Restrictions This document does not constitute an offer of New Securities of the Company in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Shares may not be offered or sold, in any country outside Austral
Slide 44: Contact Details
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