FINEOS CORPORATION HOLDINGS PLC (FCL)
Share Price Analysis and Chart

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FCL - FINEOS CORPORATION HOLDINGS PLC

FNArena Sector : Cloud services

Year End: December

GICS Industry Group : Software & Services

Debt/EBITDA: 0.21

Index: ALL-ORDS | ALL-TECH

Fineos Corp is a Dublin based software development company specialising in software solutions for the insurance and government social insurance sector. Founded in 1993, it listed on the ASX in 2019.

LAST PRICE	CHANGE +/-	CHANGE %	VOLUME
$2.92 28 Oct 2025	0.050 OPEN $2.87	1.74% HIGH $2.97	85,263 LOW $2.83

LAST PRICE

CHANGE +/-

CHANGE %

VOLUME

$2.92

28 Oct
2025

0.050

OPEN

$2.87

1.74%

HIGH

$2.97

85,263

LOW

$2.83

TARGET

$3.365

15.2% upside

OTHER COMPANIES IN THE SAME SECTOR
3DP . AIM . DGT . DGT . DUB . DUG . DXN . ERD . FCT . IFT . MAQ . MP1 . NXT . RCL . SDR . TNE . WTC . XPN .

FNARENA'S MARKET CONSENSUS FORECASTS

12 Month Avg FX Values

Present FX Values

Original Currency

Title	FY25 Forecast	FY26 Forecast
EPS (cps)	0.0	xxx
DPS (cps)	0.0	xxx
EPS Growth	N/A	xxx
DPS Growth	N/A	xxx
PE Ratio	N/A	xxx
Dividend Yield	0.0%	xxx
Div Pay Ratio(%)	N/A	xxx

Title	FY23 Actual	FY24 Actual	FY25 Forecast	FY26 Forecast
EPS (cps)	xxx	- 1.7	0.0	xxx
DPS (cps)	xxx	N/A	0.0	xxx
EPS Growth	xxx	N/A	N/A	xxx
DPS Growth	xxx	N/A	N/A	xxx
Div Pay Ratio(%)	xxx	N/A	N/A	xxx

This company reports in EUR.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 26/09 - (franking Ex-Di

HISTORICAL DATA ARE ALL IN AUD

Copyright © 2025 FactSet UK Limited. All rights reserved

Title	2019	2020	2021	2022	2023	2024
EPS Basic	xxx	xxx	xxx	xxx	xxx	-2.8
DPS All	xxx	xxx	xxx	xxx	xxx	0.0
Sales/Revenue	xxx	xxx	xxx	xxx	xxx	218.5 M
Book Value Per Share	xxx	xxx	xxx	xxx	xxx	81.3
Net Operating Cash Flow	xxx	xxx	xxx	xxx	xxx	34.8 M
Net Profit Margin	xxx	xxx	xxx	xxx	xxx	-4.36 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title	2019	2020	2021	2022	2023	2024
Return on Capital Employed	xxx	xxx	xxx	xxx	xxx	-3.69 %
Return on Invested Capital	xxx	xxx	xxx	xxx	xxx	-3.60 %
Return on Assets	xxx	xxx	xxx	xxx	xxx	-2.88 %
Return on Equity	xxx	xxx	xxx	xxx	xxx	-3.69 %
Return on Total Capital	xxx	xxx	xxx	xxx	xxx	-4.35 %
Free Cash Flow ex dividends	xxx	xxx	xxx	xxx	xxx	33.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title	2019	2020	2021	2022	2023	2024
Short-Term Debt	xxx	xxx	xxx	xxx	xxx	2 M
Long Term Debt	xxx	xxx	xxx	xxx	xxx	5 M
Total Debt	xxx	xxx	xxx	xxx	xxx	7 M
Goodwill - Gross	xxx	xxx	xxx	xxx	xxx	79 M
Cash & Equivalents - Generic	xxx	xxx	xxx	xxx	xxx	33 M
Price To Book Value	xxx	xxx	xxx	xxx	xxx	2.26

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title	2019	2020	2021	2022	2023	2024
Capex	xxx	xxx	xxx	xxx	xxx	48.5 M
Capex % of Sales	xxx	xxx	xxx	xxx	xxx	22.22 %
Cost of Goods Sold	xxx	xxx	xxx	xxx	xxx	98 M
Selling, General & Admin. Exp & Other	xxx	xxx	xxx	xxx	xxx	132 M
Research & Development	xxx	xxx	xxx	xxx	xxx	34 M
Investments - Total	xxx	xxx	xxx	xxx	xxx	0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
EXTRA COVERAGE

EXPERT VIEWS

Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

BROKER	DATE	RATING	RECOMMENDATION	TARGET PRICE	% TO REACH TARGET	COMMENTARY
Macquarie	xx/xx/xxxx	1	xxxxxxxxxx	$xx.xx	xx.xx%	Broker commentary and detailed analysis is available for Full Members Only. Login above or Get a Free Trial
Citi	29/09/2025	1	Buy	$3.25	11.30%	Citi reviewed its forecasts for Fineos Corp nearly a month following the release of 1H25 results, noting strong ARR growth and the higher-than-expected cash flow has eased equity raise concerns. While subscription revenue for 2H25 remains strong, the broker cut FY25-27 revenue forecasts by -1% to reflect a stronger EUR/USD exchange rate. At the same time, FY25 EBITDA forecast upgraded by 7% on stronger cost management. Looking ahead, the broker sees larger Policy & Billing contract wins as key for the acceleration of subscription revenue. Buy. Target rises to $3.25 from $2.35. FORECAST Citi forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.17 cents. Citi forecasts a full year FY26 dividend of 0.00 cents and EPS of 1.90 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Macquarie

xx/xx/xxxx

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

29/09/2025

Buy

$3.25

11.30%

Citi reviewed its forecasts for Fineos Corp nearly a month following the release of 1H25 results, noting strong ARR growth and the higher-than-expected cash flow has eased equity raise concerns.

While subscription revenue for 2H25 remains strong, the broker cut FY25-27 revenue forecasts by -1% to reflect a stronger EUR/USD exchange rate. At the same time, FY25 EBITDA forecast upgraded by 7% on stronger cost management.

Looking ahead, the broker sees larger Policy & Billing contract wins as key for the acceleration of subscription revenue.

Buy. Target rises to $3.25 from $2.35.

FORECAST
Citi forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.17 cents.
Citi forecasts a full year FY26 dividend of 0.00 cents and EPS of 1.90 cents.

Access Stockbroker Research History >

EXTRA COVERAGE

Display All Commentary

No. Of Recommendations

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER	DATE	RATING	RECOMMENDATION	TARGET PRICE	% TO REACH TARGET	COMMENTARY
Moelis	xx/xx/xxxx	3	xxxx	$xx.xx	xx.xx%	Broker commentary and detailed analysis is available for Full Members Only. Login above or Get a Free Trial
Canaccord Genuity	21/10/2025	1	Initiation of coverage with Buy	$3.45	18.15%	Canaccord Genuity initiates coverage of Fineos Corp with a Buy rating and $3.45 target price. The company is described as a leading provider of insurance software to Life, Accident and Health insurers worldwide and is based in Dublin. The analyst considers the unit economics to be "attractive," with its software experiencing negligible churn rates of 1-2%, long-term customer relations averaging ten years, and gross margins over 75%. Canaccord believes Fineos is at an "inflection" point in its profitability and on the way to generating positive free cash flow, supported by a robust and improving pipeline of new, upsell, and cross-sell customers. FORECAST Canaccord Genuity forecasts a full year FY25 EPS of 1.55 cents. Canaccord Genuity forecasts a full year FY26 EPS of 2.07 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Moelis

xx/xx/xxxx

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Canaccord Genuity

21/10/2025

Initiation of coverage with Buy

$3.45

18.15%

Canaccord Genuity initiates coverage of Fineos Corp with a Buy rating and $3.45 target price. The company is described as a leading provider of insurance software to Life, Accident and Health insurers worldwide and is based in Dublin.

The analyst considers the unit economics to be "attractive," with its software experiencing negligible churn rates of 1-2%, long-term customer relations averaging ten years, and gross margins over 75%.

Canaccord believes Fineos is at an "inflection" point in its profitability and on the way to generating positive free cash flow, supported by a robust and improving pipeline of new, upsell, and cross-sell customers.

FORECAST
Canaccord Genuity forecasts a full year FY25 EPS of 1.55 cents.
Canaccord Genuity forecasts a full year FY26 EPS of 2.07 cents.

Access Extra Coverage Research History >

FCL STOCK CHART

FNArena News on FCL

1	Re-Rating Ahead For Fineos Corp? Oct 23 2025 - Small Caps

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5	Australian Broker Call Extra Edition – Sep 04, 2025 Sep 04 2025 - Daily Market Reports

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Dividend Yield Today On Last Actual Payout :	0.00
Estimated Dividend Growth (Average Of Past Three Years)	%
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FINEOS CORPORATION HOLDINGS PLC (FCL)
Share Price Analysis and Chart