ASX Share rice
Thu 13 May 2021 - 12:10:pm (Sydney)

FCL Share Price

FINEOS CORPORATION HOLDINGS PLCFCLSoftware & Services

FCL Company Information

Name:

FINEOS Corporation Holdings plc

Sector:

Technology

Industry:

Software-Application

Address:

FINEOS House Dublin Ireland DO3 FT97

Phone:

353 1 639 9700

Full Time Employees:

1000

Founder, CEO & Director:

Mr. Michael Kelly

CFO, Joint Company Sec. & Director:

Mr. Tom Wall

Chief Operating Officer:

Mr. John Brennan

Chief Technology Officer:

Mr. Jonathan Boylan

Head of Investor Relations:

Orla Keegan

Global Chief Mktg Officer and Exec. VP of Bus. Devel. for North America:

Mr. Chuck Johnston

Chief People Officer:

Ms. Joanne McMullan

Sr. VP and Head of Sales for North America:

Mr. Ray Matthews

Head of the Claims Solutions:

Mr. Randall Day

Chief Commercial Officer:

Mr. Ian Lynagh

Company Overview:

FINEOS Corporation Holdings plc engages in the development and sale of enterprise claims and policy management software for the life, accident, and health insurance industry worldwide. The company offers FINEOS Platform, a module-based core system solution that is designed and delivered through the cloud as a Software-as-a-Service solution. The FINEOS Platform comprises FINEOS AdminSuite, a Comprehensive core insurance suite; FINEOS Engage, a digital tool that offers role based portals for employees, employers, intermediaries, and providers; and FINEOS Insight that offers real-time analytics and embed predictive insights in core business processes. It also offers professional and customer support services. FINEOS Corporation Holdings plc was founded in 1993 and is headquartered in Dublin, Ireland.

FCL Share Price Information

Shares Issued:

301.63M

Market Capitalisation:

$1.10B

Revenue (TTM):

$99.96M

Revenue Per Share (TTM):

$0.36

Earnings per Share:

$-0.0015

Profit Margin:

-0.0543

Operating Margin (TTM):

$-0.03

Return On Assets (TTM):

$-0.01

Return On Equity (TTM):

$-0.05

Quarterly Revenue Growth (YOY):

0.301

Gross Profit(TTM):

$58.46M

Diluted Earnings Per Share (TTM):

$-0.03

FCL CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$-30,718,530.52

Change To Liabilities:

$7.61M

Total Cashflow From Investing Activities:

$-18,772,094

Net Borrowings:

$-15,000,000

Net Income:

$-227,183

Total Cash From Operating Activities:

$11.55M

Depreciation:

$2.57M

Other Cashflow From Investing Activities:

$27.30K

Change To Account Receivables:

$-10,173,710

Sale Purchase Of Stock:

$62.61M

Capital Expenditures:

$1.30M

FCL Income Statement

Income Date:

2020-06-30

Income Before Tax:

$715.24K

Net Income:

$-227,180

Gross Profit:

$28.55M

Operating Income:

$1.45M

Other Operating Expenses:

$-1,261,760

Interest Expense:

$423.11K

Income Tax Expense:

$0.94M

Total Revenue:

$87.81M

Cost Of Revenue:

$59.26M

FCL Balance Sheet

Balance Sheet Date:

2020-06-30

Intangible Assets:

$53.36M

Total Liabilities:

$41.18M

Total Stockholder Equity:

$83.18M

Other Current Liabilities:

$18.24M

Total Assets:

$124.36M

Common Stock:

$272.03K

Other Current Assets:

$498.51K

Retained Earnings:

$9.48M

Other Liabilities:

$6.44M

Other Assets:

$1.71M

Cash:

$39.83M

Total Current Liabilities:

$28.48M

Property - Plant & Equipment:

$8.72M

Net Tangible Assets:

$33.02M

Total Current Assets:

$63.77M

Net Receivables:

$21.96M

Short-Term Investments:

$99.15M

Accounts Payable:

$2.50M

Short-Term Investments:

$99.15

Non Current Liabilities (Other):

$9.75M

Non Current Liabilities Total:

$20.77M

FCL Share Price History

FCL News

05 May, 2021
14:35
Yahoo! Finance
Adding Enhanced Digital Experience & Machine Learning to the only Purpose Built, End-To-End SaaS Platform for Life, Accident & Health Insurers
04 May, 2021
FINEOS Corporation (ASX:FCL) today announced that Mutual of Omaha® will begin to migrate their Individual Disability claims to the cloud-based FINEOS Platform.
03 May, 2021
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
06 Apr, 2021
The cloud-based FINEOS Platform will enable American Public Life to streamline & automate quoting, rating, & underwriting processes.
30 Mar, 2021
FINEOS Corporation (ASX:FCL), a leading core system provider for the global life, accident and health insurance industry, today announced that Principal Financial Group® will be migrating from their on-premise FINEOS Claims system to the cloud-based FINEOS Platform. Set to begin in 2021, the upgrade to the cloud allows Principal to benefit from the security, scalability and efficiency delivered by the FINEOS Platform.
23 Mar, 2021
FINEOS Corporation announces USAble Life go live on the cloud-based FINEOS Platform for Integrated Disability and Absence Management.
04 Mar, 2021
On average, over time, stock markets tend to rise higher. This makes investing attractive. But if you choose that path...
24 Feb, 2021
FINEOS Corporation (ASX:FCL), the market-leading provider of group and individual core systems for life, accident and health insurance, today announced that Partners Life, following a comprehensive market evaluation of Claims Management System vendors, has selected the FINEOS Platform for life insurance and medical claims.
28 Jan, 2021
FINEOS achieves unprecedented client go live success in 2020. 10 major clients go live with 8 new installations and 7 upgrades of the FINEOS Platform.
03 Jan, 2021
A look at the shareholders of FINEOS Corporation Holdings plc ( ASX:FCL ) can tell us which group is most powerful...
04 Dec, 2020
FINEOS Corporation (ASX: FCL), the leading core platform for life, accident and health insurance, headquartered in Ireland and employing over 1000 employees globally, was named winner of the Technology Ireland Outstanding Achievement in International Growth Award at the 28th Annual Technology Ireland Industry Awards last week. The event was supported by platinum sponsors EY and gold sponsors Fidelity Investments, Workhuman, and Enterprise Ireland.
18 Nov, 2020
FINEOS Corporation (ASX:FCL), the leading core platform for life, accident and health insurance globally, and Limelight Health, a leading North American provider of quoting, rating and underwriting solutions for group and voluntary employee benefits, partnered with The George Center Foundation to commit charitable support to the organization’s mission of turning music therapy into a nationally recognized healthcare field, and making it more accessible to those in need. The donation took place last Thursday, Nov. 12th during a virtual concert to celebrate Limelight Health’s full transition to FINEOS.
12 Nov, 2020
FINEOS AdminSuite integrates Ushur’s no-code workflows and conversational AIDUBLIN, Ireland and SANTA CLARA, Calif., Nov. 12, 2020 (GLOBE NEWSWIRE) -- FINEOS Corporation (ASX:FCL), the global market leader in core systems for life, accident and health insurance, and Ushur, the leading no-code platform for customer engagement and Intelligent Automation, are partnering to deliver faster processing time, lower operating costs for carriers and a world-class user experience, the two announced today. The partnership will enable FINEOS AdminSuite customers to leverage Ushur’s AI-powered automation tools that come with a no-code workflow builder, unique conversational AI and rich connections to systems of record to automate RFP intake journeys and provide a state-of-the-art digital experience to their employers, insureds and brokers.Benefits of the integrated FINEOS Platform and Ushur solution include: * Faster processing of RFP intake requests * 24/7 personalized interaction with employers, insureds and brokers * Increased customer satisfaction as measured by NPS * Automating data collection to reduce reliance on agents and specialistsIrish Life, Unum and Tower Insurance are among leading carriers using Ushur’s multichannel automation tools and AI-powered workflows to engage employers and insurers over email, SMS and mobile apps, providing a convenient, personalized customer experience while dramatically reducing outgoing calls. Ushur’s AI can also be used to streamline outbound sales operations and automatically direct internal email flow. “Partnering with Ushur complements the FINEOS Platform Smart Automation capabilities to enable insurers to provide even better and faster service to their customers, and is part of our Open Ecosystem approach to working with product partners,” said Michael Kelly, CEO of FINEOS. “RFP Intake is often a tedious process, fraught with mistakes and bad data. We look forward to working with Ushur to streamline this process to increase our customers’ service speed and accuracy. We are also exploring how Ushur can help us enhance our market-leading FINEOS Claims product even further using their AI tools to provide even better service across the claims process.”“Carriers, employee benefits providers and companies in general are having to deal with massive shifts in customer behavior and technology trends,” said Simha Sadasiva, CEO of Ushur. “Our mission at Ushur is to help bring companies closer to the members they serve through a multichannel frictionless engagement. This partnership with FINEOS, a modern, cloud-based SaaS platform, will allow carriers to deliver straight-through processing to their members, brokers and claimants. It’s a real breakthrough for the industry!”About FINEOSFINEOS is a market leader in core systems for life, accident and health insurance carriers globally with 7 of 10 group life and health carriers in the US as well as 6 of the top 10 life and health carriers in Australia. With employees and offices throughout the world, FINEOS continues to scale rapidly, working with innovative progressive carriers in North America, Europe and Asia Pacific.The FINEOS Platform, powered by Amazon Web Services, provides customers full end-to-end core administration for group, voluntary and individual across life, accident and health. The FINEOS Platform includes the FINEOS AdminSuite core product suite as well as add-on products, FINEOS Engage to support digital engagement and FINEOS Insight for analytics and reporting.For more information, visit www.FINEOS.com.About Ushur Ushur is the complete solution for intelligent automation. Companies such as HealthSpire, Irish Life and Unum use Ushur to automate claims and broker interactions and collect missing information for member journeys over email, apps, SMS and more using conversational AI and intuitive workflows. Ushur’s end-to-end platform accelerates time to value with features like a no-code visual builder, powerful tools for data extraction and integrations with back-end core systems. Ushur is headquartered in Santa Clara with an office in Bangalore and is backed by investors including Third Point Ventures and 8VC.U.S. Media Contact Chris Ulbrich ushur@firebrand.marketing 415 848 9175
04 Nov, 2020
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
20 Oct, 2020
FINEOS Corporation (ASX:FCL), the market-leading provider of group and individual core systems for life, accident and health insurance, today announced that it has executed a Heads of Agreement (HoA) with QInsure, a wholly owned subsidiary of the QSuper Group, one of Australia’s largest and most respected superannuation funds, which signals the intent to upgrade QInsure’s FINEOS Claims system to the FINEOS Claims SaaS edition on the FINEOS Platform, powered by AWS.
25 Aug, 2020
When you buy shares in a company, there is always a risk that the price drops to zero. On the other hand, if you find...
11 Aug, 2020
00:07
Yahoo! Finance
FINEOS Corporation (ASX:FCL), the global market leader in core systems for life, accident and health insurance, has entered into an agreement to acquire Limelight Health, a leading North American provider of quoting, rating and underwriting solutions for group and voluntary employee benefits, for $75M US. The union will provide an end-to-end SaaS core product suite from quote, rate and underwrite through to billing, policy administration, absence and claims management for the global life, accident, and health industry.
14 Jul, 2020
FINEOS Corporation (ASX:FCL), the leading core platform for life, accident and health insurance globally, today announces the appointment of Allison Morgan as Senior Sales Executive to the FINEOS North American team.
29 Jun, 2020
FINEOS Corporation (ASX:FCL), the leading core platform for life, accident and health insurance globally, is delighted to announce today it has signed a new license agreement with F&G. They will use FINEOS Claims in their life and annuity claims processes.
09 Jun, 2020
Today we will run through one way of estimating the intrinsic value of FINEOS Corporation Holdings plc (ASX:FCL) by...