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QuickFee Ltd. Soars with Strong Q3 Growth
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QuickFee Ltd. Soars with Strong Q3 Growth

QuickFee Ltd. (AU:QFE) has released an update.

QuickFee Ltd. reports a robust 36% revenue growth in Q3 FY24, propelled by the successful execution of its core Finance product strategies, leading to significant gains in both the US and Australian markets. The company has also achieved a 200% increase in new US firms adopting its Finance services, thanks to an improved onboarding process, and has completed a transition to a ‘direct to bank’ model, enhancing internal control and reducing costs. QuickFee is on a positive trajectory toward operating profitability, having reached break-even in March EBTDA, with expectations for an even stronger performance in the second half of FY24.

For further insights into AU:QFE stock, check out TipRanks’ Stock Analysis page.

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