FINEOS Says Fiscal 2025 Revenue Guidance On Constant Currency Basis Impacted By Unfavorable Foreign Exchange Movements, Shares Fall 6%
MT Newswires Live
Jan 28
FINEOS (ASX:FCL) said its fiscal 2025 revenue guidance on a constant currency basis was impacted by unfavorable foreign exchange movements, now guiding towards the lower end of the range of 138 million euros to 143 million euros, according to a Wednesday Australian bourse filing.
Exchange rate movements during the quarter had a negative impact of 100,000 euros on the cash balance.
Cash receipts from customers were 24.2 million euros in the December 2025 quarter, down from 31.5 million euros in the prior quarter, due to their seasonal nature, per the filing. The cash receipts were 1% lower than the prior corresponding period due to different year-on-year payment cycles from some large customers.
The firm's shares fell 6% in recent trading on Wednesday.
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