Quickflix subscriber growth surges

Company News

Quickflix Limited (ASX:QFX) has reported strong subscriber growth for the last quarter of the 2011 calendar year. 

The online movie rental, subscription and retail service company had a total of 110,697 subscribers at the December 31, 2011.
 
More than 21,000 subscribers including trialists joined in the last three months of the year, an increase of 24 per cent.
 
Paying subscribers grew 81 per cent over 2011. 
 
In the 2011 financial year Quickflix reported a net loss of $2.961 million.     

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