Australia's QuickFee tracks best day in a week on Q1 results

Quickfee

31/10/2023 24:56

** Shares of Australian fintech firm QuickFee  QFE.AX  rise
as much as 9.4% to A$0.058, set for best day in a week if gains
hold
    ** Co posts Q1 total group revenue of A$4.2 mln, up 31% from
prior corresponding period
    ** US pay now total transaction value $268 mln, up 11%
    ** Active customers in US increased 8% to 79,000 in Q1 
    ** Active customers in Australia increased 21% to 17,000
    ** Notes strong start to FY24, says operating profitability
in H2 FY24 expected to be stronger than H1 FY24
    ** Stock down 8.6% YTD, as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com;))