QuickFee : Investor presentation - H1 FY22 results

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H1 FY22 Results

Managing Director and Chief Executive Officer, Eric Lookhoff Chief Financial Officer, Simon Yeandle

H1 FY22 Highlights

Continued growth in all key metrics

only	Record volumes in
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	the US
	Revenue up 5%
use	Gross profit up 6%
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	Stronger
ersonal	momentum in BNPL
Promising recovery

	in Australia

www.quickfee.com

• A stronger half-year in the US for Pay Now and Financing:
• • Pay Now total transaction values (TTV) up 48% to US$423 million (H1 FY21: US$285 million)
  • Financing up 4% to US$8.2 million (H1 FY21: US$7.9 million)
  • Average order values (AOV) up signalling the economic recovery, US Pay Now AOV up 9%, US Financing AOV up 12%.
• Lending in Australia continues its recovery, up 30% on pcp to A$17.3 million in H1 FY22
• Stronger growth in BNPL offering and building of independent sales organisations (ISO) distribution channels in the US:
• • 128 ISOs were signed-up in H1 FY22 (from 8 at 30 June 2021); increases addressable market to 150,000+ merchants
  • 946 merchants signed up in the US (June 2021: 577) and 295 signed up in Australia (June 2021: 234)
  • Annualised backlog, which represents expected future volume and revenue based on existing portfolio behaviour is growing strongly. BNPL volume up to A$6.1 million (30 June 2021 A$4.6 million) and revenue up to A$0.6 million (30 June 2021: A$0.4 million), while increasing yield.
• Jim's Group 20-year franchise agreement signed, providing access to ~4,500 franchise merchants in AU home services to offer payment plans
• Northleaf Capital Partners funding deal delivers US$70 million-equivalentmulti-currency receivables facility to fund future growth in lending

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The Transition to a Profitable Payments Company

2009 2016 2019 2020 2021

only

Founded in Australia

Expanded to the



Initial public offering



COVID-19 impacts



QuickFee becomes a







Bruce Coombes

United States

(IPO) on ASX



Accelerated shift to

Payments Company

Consolidated Australia



Eric Lookhoff joins as President,

establishes QuickFee



Replicated AU



digital invoicing

strategy and

and US businesses

succeeds CEO

Leadership team strengthened



Enterprise professional

payment solutions



use



Accelerated US

with US payments expertise

service focus



29% of Top 100 US



Initiated design of

accounting firms

proprietary

payments growth



Processing partnership agreement

 Merchant backed fee-

technology stack

Automated merchant onboarding

funding solution

34% of Top 400



Depressed lending





platform launched with SALIX

US accounting

in AU and US

Strong demand



Proprietary technology stack



firms

regions

completed

for EFT payments

ersonal

 Buy Now, Pay Later



Connect integration beta launched

Strong demand for



with Wolters Kluwer

credit cards

(BNPL) partnership



Northleaf credit facility increases

with Splitit

lending capacity 250%



BNPL solution



QuickFee powers Jim's Group BNPL

payment plans

launched

www.quickfee.com

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Core Lines of Business

onlyuse	PROFESSIONAL SERVICES
ersonal

www.quickfee.com

BUY NOW, PAY LATER (BNPL)

4

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Professional Services