• Expanded from claims-only to cloud-native, end-to-end employee benefits core platform
• Deployed with 6 of top 10 Tier-1 US Employee Benefits insurers, with strong pipeline
• Positive free cash flow and net profit achieved in FY25, with improving margins

FINEOS Corporation Holdings Plc, a leading provider of core systems for life, accident and health insurance, presented an investor roadshow showcasing its platform advancements and growth outlook. The company has expanded from a claims-only solution to a cloud-native, end-to-end employee benefits core platform, with deployments at 6 of the top 10 Tier-1 US Employee Benefits insurers and a strong pipeline of new clients and existing client expansions. FINEOS has also successfully integrated acquisitions and is leveraging embedded AI capabilities to drive automation and efficiency. The company has achieved positive free cash flow and net profit in FY25, with improving margins, and is reiterating its outlook and guidance for beyond FY26, including targets for subscription fees, R&D investment, gross margins, and EBITDA margins. FINEOS is focused on enhancing platform efficiency through infrastructure cost optimisation, operations improvements, and standardisation, while also expanding its AI-driven capabilities to further automate processes and enhance the user experience.

For FY27 and FY29: Subscription Fees as a percentage of revenues 65% and 75%; R&D investment as a percentage of revenues 30% and 25%; Gross margins 75% and 80%; EBITDA margins 25% and 40%.

FINEOS is prioritizing growth in Subscription Fees ahead of Services Fees to strengthen the predictability and scalability of recurring revenue, with Subscription Fees expected to represent 65% of total revenue by FY27. The company is also focused on up-selling to existing clients, cross-selling its AdminSuite product suite, and acquiring new name clients to drive continued subscription revenue growth.