ASX-listed fintech firm QuickFee have introduced their H1 FY24 outcomes, with income up 35% on prior corresponding interval (pcp) with constructive momentum throughout all key metrics.
Whole group income of A$9.3 million, up 35% on the pcp, with Australian income up 52% on pcp to A$4.1 million and US income up 24% on pcp to A$5.2 million.
Commenting on the primary half outcomes, QuickFee Chairman Dale Smorgon, mentioned, “We’re very happy to see all the important thing metrics monitoring in the correct path, with robust income development, the numerous growth of our higher-margin Finance product, yield enchancment and improved profitability in each Australia and the US.
“The Australian enterprise had a really robust first half, with robust demand for our Finance product in a mature market. The US enterprise continues to speed up its development trajectory, with an distinctive senior administration group in place which might be incentivised and pushed to capitalise on the large market alternative in e-invoicing and funds for professionals.
“We’ve constructive momentum throughout the enterprise, and we stay on monitor for continued enchancment in working profitability, with a powerful second half anticipated in FY24.”
