QFE quickfee limited
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Did any other HC posters listen into the webinar this morning?My...

  1. skinsy11
    2,939 Posts.
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    23/01/24
    11:00
    Post #: 72017279
    Did any other HC posters listen into the webinar this morning?
    My observations:
    Low losses from Finance product due to QFE's professional customer reimbursing any unpaid amounts by person finaced
    There is a 'longish' tail for the Finance product due to the interest revenue revenue being spread out over the load / advance duration.
    No planned equity raising and none needed for the business going forward. A Cap raise would only occur if QFE was to buy business.
    It sounded like they are anticipating close to EBITDA break even in the 2H June24FY - or maybe by the end of this financial year (June 2024).
    The US CEO sells a good story on the strategy to build the business.
    It all is heading in the right direction.
    Any observations from others?

    QFE Price at posting: 5.1¢ Sentiment: None Disclosure: Held
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