Quickfee has one line of business in AU that is quite unique....

Quickfee has one line of business in AU that is
quite unique. It's called LDF. They lend money to law firms and don't get anything back for 13 months-30months. What that means is, right after COVID this line of business was chewing up money and not spitting out anything in return for 13months. That phase is over now and AU business is already profitable.

The US business has had a change in tact and are now leading with US finance business. That is a USP for Quickfee. Watch out for 2H. Quickfee has not shared any guidance but I feel (and I am not qualified to make such remarks) that if QFE can can do 13M in revenue in 2HFY24 then they will turn profitable (forget adjusted EBiITDA ).

Can they get acquired? Someone with deep pockets would be happy to buy this business for 10c a share.

I am invested and holding for a while now. It hurts to have QFE as my top holding but I am in no hurry to sell. QFE is in great shape now and should be all set to advertise their business to new investors. looking forward to learn more about company in the investor meet on 21st March 2023