Fineos' Q3 Customer Cash Receipts Down 11%

MT Newswires Live

2025/10/24

Fineos (ASX:FCL) reported after-tax customer cash receipts of 31.5 million euros for the third quarter, 11% lower than the year-ago period due to different year-on-year payment cycles from some large customers, according to a Friday Australian bourse filing.

During the three months ended Sept. 30, an existing North American client of the firm contracted to migrate from their Fineos Claims on-premises system to Fineos Absence (and Claims) on the Fineos Platform, and the move is expected to go live in the second half of 2026, the filing said.

The firm's shares fell almost 1% in recent trading on Friday.

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