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FINEOS (FCL) investor relations material
FINEOS Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue growth and operational efficiency gains support guidance for positive free cash flow in FY25.
Cash balance at 31 December 2025 was €27.8m, up €8.0m year-over-year, but down €4.8m sequentially due to seasonal cash collections.
Two new North American clients were contracted for AdminSuite for Claims, with go-live expected in 2026.
Product Consulting employee utilisation rate averaged 88% YTD, up 3% year-over-year.
Financial highlights
4Q25 customer cash receipts were €24.2m, down 23% sequentially and 1% year-over-year due to seasonality and timing differences.
4Q25 product manufacturing and operating costs were €7.7m, up 3% year-over-year.
4Q25 staff costs were €13.1m, down 15% year-over-year, but up 3% sequentially.
4Q25 administration and corporate costs were €4.2m, down 37% sequentially and 17% year-over-year.
Net cash from operating activities for the quarter was negative €0.2m; for the year, positive €36.9m.
Outlook and guidance
FY25 revenue guidance remains €138m–€143m (constant currency), but at the lower end due to unfavorable FX movements.
Focus remains on growing Annual Recurring Revenue (ARR) and operational efficiency for profitable growth in 2026 and beyond.
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