Quarterly Activities/Appendix 4C Cash Flow Report
| Stock | Fineos Corporation Holdings Plc (FCL.ASX) |
|---|---|
| Release Time | 27 Apr 2026, 11:53 a.m. |
| Price Sensitive | Yes |
FINEOS Reports Quarterly Activities and Strong Cash Flow
- Closing cash balance of €47.1m, up €11.7m year-on-year
- Record quarterly customer cash receipts of €56.5m, up 9.3% year-on-year
- FY26 revenue guidance maintained at €147m to €152m
FINEOS Corporation Holdings Plc, a leading provider of core systems for employee benefits in the global life, accident and health insurance industry, has reported its unaudited quarterly activity report and Appendix 4C cash flow statement for the three-month period ending 31 March 2026 (1Q26). The company closed the quarter with a strong cash balance of €47.1 million, which was €11.7 million higher than the prior corresponding period and €19.3 million higher than the prior quarter, reflecting the expected seasonal nature of cash collections. Customer cash receipts (net of tax) were the highest quarterly collection on record at €56.5 million, growing 9.3% year-on-year and up 133% on the previous quarter, as the first quarter benefited from subscription fee revenues invoiced in January. FINEOS maintained its FY26 revenue guidance in the range of €147 million to €152 million. The company highlighted several key achievements, including being selected by the Motor Accidents Insurance Board (MAIB) of Tasmania to provide the FINEOS AdminSuite platform for Claims, and winning a North American AdminSuite client for Policy, Billing and Claims. FINEOS also hosted an Investor Day and a global FINEOS Customer Connect event, showcasing its embedded AI capabilities and the structural market drivers supporting the benefits of AI for the AdminSuite platform.
FY26 revenue guidance remains in the range of €147m to €152m.
FINEOS continues to focus on embedding AI into its platform and across the whole company, with a positive reaction from clients, prospects and partners, although it is still early days in harnessing the power of AI in the industry.