Last A$0.0020 AUD
Change Today -0.0005 / -20.00%
Volume 811.2K
As of 12:10 AM 01/28/15 All times are local (Market data is delayed by at least 15 minutes).

quickflix ltd (QFX) Snapshot

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07/31/14 - A$0.02
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11/25/14 - A$0.0020
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quickflix ltd (QFX) Details

Quickflix Limited develops and operates an online movie subscription and retail service in Australia and New Zealand. It offers online movie rental and subscription streaming services for approximately 60,000 movies and TV series titles. The company delivers movies and TV shows as DVD or Blu-ray through mail or streams instantly on-demand. It streams through the Internet connected devices, including smart TVs, games consoles, smartphones, PCs and Macs, tablets, TiVo, and various other connected devices. The company also streams pay-per-view latest release movies and current seasons TV shows. Quickflix Limited was founded in 2004 and is headquartered in North Sydney, Australia.

Founded in 2004

quickflix ltd (QFX) Top Compensated Officers

Founder, Executive Chairman and Chief Executi...
Total Annual Compensation: A$322.5K
Co-Founder, Chief Financial Officer and Execu...
Total Annual Compensation: A$284.2K
Compensation as of Fiscal Year 2014.

quickflix ltd (QFX) Key Developments

Quickflix Limited Auditor Raises 'Going Concern' Doubt

Quickflix Limited filed its Annual on Sep 15, 2014 for the period ending Jun 30, 2014. In this report its auditor, Grant Thornton, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Quickflix Announces Unaudited Consolidated Earnings Results for the Full Year Ended June 30, 2014

Quickflix announced unaudited consolidated earnings results for the full year ended June 30, 2014. The company made a net loss of AUD 10.2 million, up almost 60% from AUD 6.4 million a year ago. Revenue slipped 6% to AUD 18 million from AUD 19.2 million a year ago. Loss before income tax was AUD 11,057,978 compared to AUD 8,031,378 a year ago. Net cash from operating activities was AUD 11,735 compared to Net cash used in operating activities of AUD 1,579,366 a year ago. Purchase of property, plant and equipment and intangible amounted to AUD 2,147,164 compared to AUD 2,304,970 a year ago. Purchase of other non-current assets amounted to AUD 2,070,979 compared to AUD 2,028,720 a year ago.

Netflix Denies Interest In Quickflix

Netflix, Inc. (NasdaqGS:NFLX) has denied having held formal discussions regarding acquiring stake in Quickflix Limited (ASX:QFX). "We have never acquired another company and haven't had any contact with Langsford in years," said Netflix Chief Communications Officer Jonathan Friedland, referring to Quickflix Chief Executive Stephen Langsford. It was earlier reported that Netflix was eyeing a stake in Quickflix. Sources close to Quickflix continue to insist that Stephen Langsford has been holding meetings with potential investors, including Netflix, over the past fortnight. Jonathan Friedland said Netflix had no interest in acquiring a stake in Quickflix. Shares of Quickflix rose by 23%.


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