FCL.ASX Quarterly Activity Report and Cash Flow Statement
Key points
- Strong closing cash balance of €39.0m for 2Q26
- Client receipts down 23% year-on-year and 52% quarter-on-quarter
- FY26 revenue guidance remains €147m to €152m
- Secured significant contracts with OneAmerica and Saskatchewan Teachers' Federation
- Hosted successful annual Customer Connect event in New York
Full summary
Fineos Corporation Holdings PLC (ASX:FCL) reported its unaudited quarterly activity report and Appendix 4C cash flow statement for the three-month period ending 30 June 2026 (2Q26). The company reported a strong closing cash balance of €39.0m, which was €4.1m higher than the prior corresponding period and €8.1m lower than the prior quarter due to seasonal cash collection patterns. Client receipts were €26.9m, down 23% year-on-year and 52% quarter-on-quarter. Despite this, the company's FY26 revenue guidance remains in the range of €147m to €152m. Notable achievements include a 10-year license agreement with OneAmerica Financial and a 5-year contract with the Saskatchewan Teachers' Federation. The company also hosted its annual Customer Connect event in New York, featuring client presentations and industry panels.
Guidance
FY26 revenue guidance: €147m to €152m
Outlook
The company remains optimistic about its growth prospects and the potential of its AI-driven platform to enhance productivity and deliver greater value to clients.
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