Slide 1: Q2 FY25 Business Update
QUICKFEE For personal use only Q2 FY25 BUSINESS UPDATE 20 January 2025 President, North America, Jennifer Warawa Chief Financial Officer, Simon Yeandle
Slide 2: QuickFee helps professional services firms accelerate and automate accounts receivable
QuickFee helps For personal use only professional services firms accelerate and automate accounts receivable and grow their business. To learn more about QuickFee, our business and strategy, please see our ‘About Us’ video located on our investor hub here: investorhub.quickfee.com/activity-updates/q
Slide 3: Q2 FY25 results overview: Continued growth trajectory
Q2 FY25 results overview: Continued growth trajectory + REVENUE UP 22% ON PCP For personal use only Q2 FY25 PERFORMANCE1 Q2 FY25 Q2 FY24 MOVEMENT + EBTDA positive in Q2 FY25 REVENUE A$6.2M US FINANCE (PAY OVER TIME) US$ 0.7 M US$ 0.6 M +17% A$5.1M US PAY NOW (ACH & CARD) US$ 1.3 M US$ 1.2 M +8% AU F
Slide 4: Q2 FY25 Highlights
Q2 FY25 Highlights Record quarterly revenue of A$ 6.2m, up 22% on pcp For personal use only + Reflects continued strong growth in the core Finance product in both Australia and the US Increasing adoption of Connect in the US + Total firm invoices delivered via Connect up 42% Quarter-on-Quarter Gaini
Slide 5: Revenue steadily trending upwards over time
Revenue steadily trending upwards over time GROUP REVENUE BY QUARTER (A$M) 'LAST 12 MONTHS' ROLLING For personal use only 6.1 6.2 GROUP REVENUE (A$M) 5.6 22.7 5.1 21.7 4.9 20.3 4.2 18.5 17.2 15.8 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Seasonal
Slide 6: United States: Lending growth and traction with Connect
For personal use only UNITED STATES: LENDING GROWTH AND TRACTION WITH CONNECT
Slide 7: Strong lending growth
Strong lending growth US FINANCE TTV (US$M) + US Finance TTV up 30% on pcp to US$10M; revenue up 17% on pcp to US$ 0.7 million (Q2 FY24: US$ 0.6 million) For personal use only + Revenue yield down 100 bps on pcp due to late- quarter originations + US Pay Now TTV up 11% on pcp; revenue up 8% to US$ 1
Slide 8: QuickFee Connect: integrations with an 'automate everything' mindset
QuickFee Connect: integrations with an ‘automate everything’ mindset Building our platform to enable easier, more scalable integrations with new strategic partners For personal use only Overview Five Connect Integrations + QuickFee Connect offers a scalable A/R solution that is designed specifically
Slide 9: QuickFee Connect: Gaining traction in Q2
QuickFee Connect: Gaining traction in Q2 For personal use only +42% + Firm invoices delivered via Connect: 17,000 in Q2 FY25 (12,000 in Q1 FY25) +38% + Firm sign-ups to Connect: 95 as at 31 Dec 2024 (69 as at 30 Sep 2024) 48 + Firms in signed and in implementation phase: Expected to go-live in Q3 FY
Slide 10: Australia: Positive momentum continues
For personal use only AUSTRALIA: POSITIVE MOMENTUM CONTINUES
Slide 11: Strong performance in Q2 FY25
Strong performance in Q2 FY25 AU FINANCE TTV (A$M) + AU Finance TTV up 12% on pcp; AU Finance revenue up 42% on pcp to A$ 2.7 million (Q2 FY24: A$ 1.9 million) For personal use only + Revenue yield up 360 bps on pcp, primarily due to growth in legal disbursement funding book, now at 35% of total AU
Slide 12: Liquidity and funding update
Liquidity and funding update Liquidity Credit facilities + At 31 December 2024, the Company had A$ 3.5 million Northleaf credit facility For personal use only unrestricted cash on hand, with borrowing growth + US$40 million (A$57.7 million) facility capacity of a further A$ 21.5 million from existin
Slide 13: H2 FY25 Outlook
For personal use only H2 FY25 OUTLOOK
Slide 14: H2 FY25 Outlook
H2 FY25 Outlook Consistent focus on reaching sustained profitability For personal use only + Focus on path to profit with highest margin products: QuickFee Finance and QuickFee Connect + Continue to manage cost base and deploy resources carefully + Continued investment in increasing adoption of Conn
Slide 15: Questions
For personal use only QUESTIONS To post any questions or feedback on this presentation, we encourage investors to sign up to the QuickFee investor hub at investorhub.quickfee.com/auth/signup
Slide 16: 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 17: 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 18: Glossary
Glossary ACH Automated Clearing House A type of electronic bank-to-bank payment in the US, equivalent to EFT in Australia Active customer Any customer who has transacted with QuickFee in the relevant period For personal use only Active firm Any firm that has had a transaction with QuickFee in the re