QuickFee Returns $28.5M to Shareholders, Sets Dividend Targets for FY26
QuickFee Limited has completed a $28.5 million capital return following the sale of its US Pay Now and Connect businesses, while updating its dividend policy to target regular shareholder cash distributions starting in FY26.
- Completed 7.5 cents per share capital return totaling A$28.5 million
- Maintains strong pro forma cash and facility headroom of A$11.2 million post-return
- Introduced new capital management policy targeting minimum 1 cent per share annual distributions
- Reaffirmed FY26 EBTDA guidance between A$3.75 million and A$4.25 million, excluding sale profits
- Plans to announce Q2 FY26 business update in mid-January 2026
Capital Return Completed
QuickFee Limited (ASX, QFE) has officially completed its previously announced capital return, distributing 7.5 cents per share to shareholders on 1 December 2025. This payment, amounting to A$28.5 million, was funded from the proceeds of the recent sale of its US Pay Now and Connect businesses. The return marks a significant step in QuickFee's capital management strategy, delivering direct value back to investors following a period of strategic portfolio reshaping.
Strong Financial Position Maintained
Despite the substantial capital return, QuickFee reports a robust pro forma cash position and available facility headroom of approximately A$11.2 million as of 30 November 2025. This liquidity balance includes A$4.7 million in unrestricted cash and an additional A$6.5 million from receivables-backed borrowings, underscoring the company’s solid financial footing as it moves forward.
Updated Dividend Policy Signals Shareholder Focus
In a notable update, QuickFee’s Board has introduced a new capital management and dividend policy aiming to provide shareholders with a minimum of 1 cent per share in annual cash distributions. For FY26, the company intends to pay at least 0.5 cents per share as interim and final dividends, though the exact timing and amounts remain subject to cash availability and regulatory approvals. This policy shift indicates a commitment to returning ongoing value to shareholders, balancing growth ambitions with shareholder returns.
Reaffirmed FY26 Guidance and Growth Outlook
QuickFee has reaffirmed its FY26 earnings before tax, depreciation, and amortisation (EBTDA) guidance, targeting a range between A$3.75 million and A$4.25 million. This forecast excludes any accounting profits from the sale of the US Pay Now business and is weighted towards the second half of the fiscal year. The company also plans to release a Q2 FY26 business update in mid-January 2026, which will provide further insights into operational performance and strategic initiatives.
Looking Ahead, Inorganic Growth Opportunities
Beyond financial management, QuickFee’s Board remains actively engaged in exploring inorganic growth opportunities to enhance shareholder value. The company’s focus on strategic acquisitions or partnerships could accelerate its expansion in the high-margin fee-funding market for accounting and legal professionals, particularly in Australia and the United States. Investors will be watching closely for any announcements following the upcoming quarterly update.
Bottom Line?
QuickFee’s capital return and dividend policy update mark a new chapter focused on shareholder returns amid steady growth and strategic repositioning.
Questions in the middle?
- What specific inorganic growth opportunities is QuickFee targeting post-sale?
- How will QuickFee balance dividend payments with reinvestment in growth initiatives?
- What operational trends will emerge in the Q2 FY26 update, especially in the Australian and US markets?