QFE 2.56% 8.0¢ quickfee limited

Ann: Investor presentation - FY21 results, page-2

  1. 454 Posts.
    lightbulb Created with Sketch. 126
    Bit of a Mixed bag IMO.
    The Really Good - US Merchants now greater than AUS, Volume/Lending all growing in US, merchants growing. Balance
    Sheet is quite solid, 21Mil in the Bank and Borrowings Down. Quickfee diversifying into new service catergories.
    The Good - AUS merchants slowly growing, lending rebounding, IMO Tax season in AUS will cause lending to boom in FY 22 due to the NSW Lockdown and the lack of stimulus right now.
    The Bad - Revenue growth, Costs Growth, minimal outlook commentary. No big news.

    Still holding on for now, good things in the future but may need to wait 6months for stimulus measures to taper off.

 
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