Business Update FY2025 2H and Full Year Update
| Stock | Jcurve Solutions Ltd (JCS.ASX) |
|---|---|
| Release Time | 25 Jul 2025, 4:25 p.m. |
| Price Sensitive | Yes |
Jcurve Solutions Ltd reports FY2025 2H and full year update
- Strong finish to FY2025 with 41% revenue growth in 2H and 973% increase in normalised EBITDA
- Recurring revenue now 39% of total revenue, up from 33% in 1H
- Customer attrition remains higher than prior years, with 63% due to customers ceasing trading or facing cost pressures
- Continued focus on improving customer and team experience, with 86% of customers giving 5-star ratings
Jcurve Solutions Ltd (ASX: JCS) has provided a business update on its unaudited FY2025 results and key performance indicators. The company reported a strong finish to the year, with 2H FY2025 revenue growing 41% to $6.633 million and normalised EBITDA increasing 702% to $1.110 million. For the full year, revenue declined 11% to $11.344 million, but normalised EBITDA improved significantly to $0.926 million, up from a loss of $0.106 million in FY2024. The company's closing cash balance at the end of FY2025 was $1.369 million. Jcurve highlighted several key priorities and achievements, including improved business unit profitability, enhanced customer and team experience, and portfolio management. The company has focused on reducing operating costs and has served notice to exit its Chatswood head office. Customer attrition remains higher than prior years, with 63% of cancelled customers ceasing trading or facing cost pressures. Jcurve is committed to retaining every customer and making efforts to accommodate their constraints. The company has also made progress in migrating customers to its NextGen cloud platform and growing its field service management and technical services offerings. New customer acquisition was satisfactory during FY2025, but the company aims to increase this contribution to its ACV growth target of 20% CAGR.
Jcurve expects to deliver top-line growth in FY2026, which will be reinvested into further growth ambitions. The company is excited about the year ahead and looks forward to sharing more of its ambitions and successes through regular quarterly business updates.