• Revenue down 25% to $4.71 million
• Normalised EBITDA loss reduced by 70% to $184,533
• Net loss after tax down 53% to $958,319

Jcurve Solutions Ltd, the business transformation technology company, has provided an update on its financial results for the half-year ended 31 December 2024. Revenue for the period stood at $4,710,217, a 25% decrease compared to the previous corresponding period. However, the company reported a 70% reduction in normalised EBITDA loss to $184,533, and a 53% decrease in net loss after tax to $958,319. The results reflect the ongoing strategic recalibration of the group's operations, including a focus on higher-value engagements, which has improved overall margins to 75.78%. The company has also made significant investments in sales and marketing, as well as the development of its Jcurve FSM platform. Jcurve remains focused on executing its strategic initiatives, including driving profitability through disciplined cost management, enhancing customer engagement, optimising its revenue mix, and expanding growth in Human Capital Management. The company maintains adequate liquidity and has access to a bank facility, which was recently increased to $1 million.

Jcurve is targeting a 5% operating profit, doubling new customer acquisition, improving margins by 10%, and increasing the Average Contract Value by $5,000 per customer in the second half of FY2025.

Under the leadership of CEO Christopher King, Jcurve's 'Let's Grow' transformation program continues to focus on improving business unit profitability and optimising cash flow management. The company has transitioned to a regional business unit model, strengthened its customer and employee experience programs, and streamlined its product, technology, and support services to deliver a more integrated and seamless experience for its clients.